Head Of Kyc Jobs (NOW HIRING)

About Northern Trust As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) has guided the world's most successful individuals, families, corporations and institutions since 1889. We align our efforts with guiding principles of Service, Expertise, and Integrity, and serve sophisticated clients with leading technology and exceptional service. About the Role An experienced Know Your Customer (KYC)/Enhanced Due Diligence (EDD) subject matter expert is recruited in the Global Financial Crime Compliance (FCC) function in the second line of defense to manage and oversee KYC/EDD processes and controls across the firm's global footprint. The role reports to the Global Head of KYC/EDD and is located in London or Chicago. Key Responsibilities Managing KYC/EDD activities performed in the second line of defense including KYC policy/standards, advisory, oversight, assurance and resolution of risk issues/escalations Supporting a multi-year KYC transformation program partnering with the first line of defense to drive enhancements to systems and controls in line with regulatory requirements, industry best practices, and organizational needs Acting as subject matter expert to support a team of EDD professionals who onboard and perform periodic review of high-risk and complex customer relationships, ensuring effective management of financial crime risks Providing AML/KYC advice and guidance, and effectively challenging as required Working closely with the first line of defense to drive centralization and efficiency in KYC/EDD processes and controls, ensuring a globally consistent approach Ensuring controls are adhered to by business functions in all regions, countries and legal entities across the firm's global footprint Supporting regulatory examinations, internal audits, and other assurance testing reviews Proactively identifying risks and taking corrective action to implement solutions to improve control effectiveness; managing risk issues and escalations Enhancing reporting on KYC/CDD/EDD and providing regular updates to various governance bodies Managing multiple projects and meeting timely deadlines Knowledge & Experience Significant experience in financial services compliance or risk management Significant years of anti-money-laundering (including KYC/CDD/EDD) Strong knowledge of risk management processes and controls Prior experience supporting KYC transformation in a global financial institution Knowledge of business(es), products and services Strong technical competence and subject matter expertise in KYC/CDD/EDD In-depth knowledge of applicable FCC-related laws and regulations and ability to apply this to the company's business Ability to proactively identify, analyze and manage FCC-related risks Ability to drive multiple initiatives at the same time and deliver high-quality outcomes Ability to build and maintain effective stakeholder relationships Strong teamwork and communication skills Salary Range $114,700 - 194,900 USD (base pay estimate). Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well‐being benefits. A discretionary bonus program that may include an equity component is also offered. Work Authorization Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa). 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 discuss your individual requirements with the recruiter you are working with. EEO Statements All employment decisions are made in a non‐discriminatory manner in accordance with our obligations under the law and codes of practice. Northern Trust is an equal‐opportunity employer and does not discriminate on the basis of race, colour, religion, sexual orientation, disability, age, gender, national origin, citizenship, veteran status or any other characteristic protected by federal, provincial, or local law. This commitment applies throughout the United States, Canada, EMEA and other regions where we operate. #J-18808-Ljbffr