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Pune, Maharashtra, India
Onsite
About Northern Trust
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Major Duties :o Takes responsibility for the timely and accurate completion of workload allocated including transaction monitoring and screening alerts; periodic investor documentation reviews and investor transitions into and out off Northern Trust.
o Actively participates in the review of investor documentation and information pursuant to trigger events or periodic reviews in adherence with Northern Trust’s AML processes and procedures.
o Works with colleagues and line management in reviewing such investor documentation and efficiently highlighting investor due diligence documentation (if any) requiring update, due to inadequacy or aging, to the Investor AML Department in Ireland, by agreed modes of communication, with professionalism of approach and timely escalation of material issues arising. Escalates more complex problems and critical issues, to his/her line manager, including those received from other Northern Trust partners (including primarily the Northern Trust Investor AML Department in Ireland).
o Works with colleagues and line management to ensure that all queries from other Northern Trust partners (including primarily the Northern Trust Investor AML Department in Ireland) are dealt with efficiently and professionally.
o Takes responsibility for completion of support services for Ireland & UK Investor AML processes and procedures in conjunction with Northern Trust colleagues in Ireland and provides regular, meaningful and accurate periodic updates to his/her line manager and colleagues in Bangalore, Pune and Ireland.
o Maintains strong working relationships with partners in Northern Trust Investor AML Department in Ireland.
o Works with his/her line management and other colleagues to ensure that the Investor AML support teams in Bangalore and Pune meet the required audit, risk and compliance standards as determined, from time to time, in accordance with advised changes in processes and procedures pursuant to amendments in prevailing legislation, guidance and best practice.
o Maintains an up to date knowledge of Investor AML good practice and uses this knowledge to promote enhancements to Northern Trust’s AML processes and procedures to his/her line manager.
o Performs additional work where volume or absence requires such workload to be completed.
ACCOUNTABILITIES
• The successful candidate is required to comply with the global AML regulatory regime in which Northern Trust operates as appropriate to the above role.
• The successful candidate is expected to exercise due care and diligence, and ensure that the responsibilities of the role are organised and controlled within the ambit of regulation, compliance and risk management.
• The successful candidate is required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of such duties.
Knowledge :• Knowledge of day-to-day Investor AML processes and procedures and the wider funds administration business.
• Strong organizational and communication skills.
• Effective risk management.
• Ability to research and understand issues and deliver solutions agreed with line management.
• Some knowledge of the global Investor AML regulatory environment.
• General knowledge of Microsoft Office applications relating to designated areas of responsibility.
Experience :ð Overall experience of 2-4 years
Understand and implement principles of quality delivery.
Accuracy and attention to detail.
Can work under pressure and unsupervised.
Interpersonal/Team player.
Self-motivated.
Ability to stay focused/tenacious.
Effective communication skills, both verbal and written.
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.
About Our Pune Office
The Northern Trust Pune office, established in 2016, is now home to over 3,000 employees. The office handles various functions, including Operations for Asset Servicing and Wealth Management, as well as delivering critical technology solutions that support business operations across the globe.
Our Pune team takes our commitment to service to heart. In 2024, they volunteered more than 10,000+ hours into the communities where they live and work. Learn more.