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Job Description
Audit Role for AML/Financial Crime Expert
Northern Trust, a globally recognized financial institution, seeks an Auditor with expertise in AML/financial crime regulations to support internal audit activities across its global footprint.
Key Responsibilities:
- Act as subject matter expert on BSA/AML/OFAC Compliance related risks and have a solid understanding of systems and controls to manage these within large financial institutions.
- Support the planning, fieldwork, and reporting phases of AML/financial crime audits.
- Identify and assess AML/financial crime risks and controls in the context of the firm's business activities.
- Evaluate the design and operating effectiveness of systems, processes, and controls, and provide recommendations for improvement.
- Assess adherence to applicable regulatory requirements and internal policies and standards.
- Test/validate audit findings have been fully remediated upon closure.
- Ensure documentation supporting control testing is maintained to a high standard in accordance with internal audit methodology.
- Write clear and impactful reports communicating observations, risks, recommendations, and agreed management actions arising from audit work.
- Present status updates on audit activity or other topics to management.
- Build strong relationships with stakeholders across the three lines of defence as part of audit engagements and on an ongoing basis.
Requirements:
- Solid understanding of AML/financial crime regulations, and risks/controls within large financial institutions.
- Ability to evaluate AML/financial crime risks and control effectiveness in the context of the firm's business activities.
- Track record of audit or assurance testing experience (preferable) in areas related to AML/CTF, economic sanctions, anti-bribery and corruption, and fraud risk management.
- Industry recognised professional certifications preferable (e.g., ICA, ACAMS).
- Highly motivated self-starter with the ability to multitask and complete assignments within time constraints and deadlines.
About Northern Trust:
Northern Trust is a globally recognized, award-winning financial institution with over 130 years of financial experience and over 22,000 partners.
We serve the world's most sophisticated clients using leading technology and exceptional service.
We are committed to working with and providing reasonable accommodations to individuals with disabilities.