AML CIP/KYC Associate

Northern Trust
Chicago
Workplace: OnsiteFull timeUSD 61,500 - 98,300Function: Legal, Risk & ComplianceSkills: ["Analytical","Interpersonal","Verbal communication","Written communication","Organizational"]

Review client files for AML, CIP, KYC, EDD, and regulatory conformance for new wealth management account openings, partnering with front-office teams to resolve queries. Provide compliance knowledge and support Global AML Compliance by identifying and escalating regulatory risks, supporting investigations and resolutions tied to regulatory exams and audit findings, and applying standard procedures and analysis to document work and summarize outcomes.

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FursaFursa
Northern Trust
Northern Trust
2 days ago

AML CIP/KYC Associate

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 5 hours agoStatus: Live
Reposted: similar role first listed 2 months ago

Job Summary

Review client files for AML, CIP, KYC, EDD, and regulatory conformance for new wealth management account openings, partnering with front-office teams to resolve queries. Provide compliance knowledge and support Global AML Compliance by identifying and escalating regulatory risks, supporting investigations and resolutions tied to regulatory exams and audit findings, and applying standard procedures and analysis to document work and summarize outcomes.
Location: Chicago
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Mid level

Key Responsibilities

  • •Review client files for conformance with AML policies, procedures, and regulatory requirements for new WM account openings and coordinate with front office teams.
  • •Provide compliance support and functional knowledge related to AML laws, rules, and standards.
  • •Identify and escalate to Global AML management any regulatory compliance risks found during file reviews.
  • •Support business activities required to align with Global AML Compliance guidelines.
  • •Support Global AML management on compliance issue resolution, including actions responding to regulatory exam and audit findings, using standard procedures and analysis.

Pay and Benefits

Salary: USD 61,500 - 98,300
Equity and Bonus:Equity
Perks:401kPensionHealth InsuranceDentalVisionPaid LeaveParental LeaveDisabilityLife Insurance

Key Requirements

  • •Financial institution AML, CIP (Customer Identification Program), EDD (Enhanced Due Diligence), and KYC regulatory knowledge, including Economic Sanctions laws and regulations.
  • •Strong analytical skills to analyze and summarize information.
  • •Strong interpersonal and verbal communication skills.
  • •Strong written communication to document work and summarize findings.
  • •Strong organizational skills.
Experience:Financial servicesBankingWealth management
Skills:AnalyticalInterpersonalVerbal communicationWritten communicationOrganizational

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Northern Trust
Global financial services firm providing wealth management, asset servicing, asset management, and banking solutions to institutions, corporations, and affluent individuals, with a focus on custody, investment management, and technology-driven services.
Industry: Asset Management
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Chicago, United States
Founded: 1889
Glassdoor
Glassdoor: 3.9
WebsiteLinkedIn