Employer: eFinancialCareers Salary: Date Added: 23/12/2023 About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Reporting to the Interim Head of UK Transfer Agency, the Head of Anti-Financial Crime & Technical (UK Transfer Agency) will be directly responsible for supporting all Anti-Financial Crime within the function, as well as providing technical support and industry participation.
The role will comprise of the following:
The Head of Anti-Financial Crime & Technical ensures robust compliance with applicable regulation and risk appetite through day to day management of oversight of E2E systems, processes and controls. This includes investor due diligence, PEP/Sanctions/Adverse Media screening, PEP risk management, periodic reviews, transaction monitoring and fraud risk management.
Direct line management responsibilities for a team of individuals based out of the UK, and oversees activities performed in offshore centres of excellence in Ireland and India, ensuring they meet service levels at all times
Represents UK Transfer Agency at relevant industry forums, as well as monitoring industry and regulatory changes. Ensures all relevant changes are implemented across all areas of UK Transfer Agency
Overall accountability for the performance management and career development programs for the Anti-Financial Crime Function.
This is a varied and challenging role requiring strong communication, client and industry engagement skills alongside the ability to drive accountability.
Major Duties include:
Participates in cross-jurisdiction and cross-functional initiatives to maintain consistency and best practice across EMEA Transfer Agency
Develops and maintains effective relationships with clients, vendors, relevant regulatory bodies and relevant third parties
Participates in client meetings to consult on effective ways to meet client needs or appropriate methods to be used for resolution of any issues.
Assess risk appetite across the client base, establishing risk vs impact and benefits and ensuring the product offering is fit for purpose.
Encourages an environment of employee participation, teamwork and open communication where adherence with compliance is an intrinsic part of the culture and innovation part of the culture.
Assumes accountability for improving efficiency, effectiveness and productivity across UK Transfer Agency AML Servicing
Seasoned leader with extensive business experience, and broad functional expertise.
Knowledge/Skills
An extensive knowledge of the Financial Industry & AML Regulatory Environment
Strong Industry presence with an external network.
Strong risk background / management of an operational team.
Knowledge of operational resiliency / outsourcing or offshoring.
Proven track record of implementing large scale change.
Excellent oral and written communication skills.
Has the ability to influence
Has the ability to prioritise and deliver on time.
Avoids ambiguity.
The ability to translate vision into tangible deliverables and results.
Highly flexible and adaptable to change.
Demonstrated leadership and organizational skills.
Excellent people management skills and experience of managing a virtual team.
Extensive experience of Asset Management requirements, working practices and client base from an Asset Manager or Asset Servicer;
Industry participant.
Prior experience of working in Operational Teams where there is a third party / offshore/ outsource relationship.
Experience of Operational Management and Change Implementation.
Industry knowledge to be able to challenge credibly.
Management of teams local and virtual.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at .
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
