Anti-Money Laundering (AML) Specialist - Limerick Hybrid Role

About Northern Trust

Northern Trust is a distinguished Fortune 500 financial institution with a legacy dating back to 1889. Renowned globally for providing innovative financial guidance and services, we serve high-net-worth individuals, families, and institutions with a foundation built on integrity, expertise, and exemplary service. Our team comprises over 22,000 partners worldwide, leveraging advanced technology to meet complex client needs.

Role Overview

We are expanding our Anti-Money Laundering (AML) center of excellence in Limerick and are looking for experienced AML professionals and leaders to join our dedicated teams.

Team Functions

• Investor AML Onboarding: Responsible for conducting AML verification for investors prior to account opening within funds managed by Northern Trust. This includes risk assessment, initial due diligence documentation collection, and ongoing monitoring of trigger events that may necessitate documentation updates.
• Investor AML Ongoing Monitoring: Responsible for continual surveillance of investors throughout their investment lifecycle through overnight screening, transaction monitoring, and periodic reviews to ensure current and accurate due diligence.

Key Responsibilities

• Contribute to large-scale ongoing monitoring projects across EMEA jurisdictions, ensuring strategic rollout and adherence to AML standards.
• Maintain and cultivate strong relationships with Northern Trust Transfer Agency, Client Services departments, and other key stakeholders to deliver effective AML services.

Desired Skills and Experience

• Strong organizational skills with the ability to manage deadlines effectively.
• Excellent communication capabilities, both verbal and written, to foster collaboration with colleagues and stakeholders.
• Experience managing sizable projects, with skills in risk management, compliance, process enhancement, or research considered advantageous.
• Familiarity with fund administration or investor services enhances candidacy.
• Self-starter attitude backed by provided training to work independently.
• For senior-level positions, comprehensive knowledge of AML operations, Transfer Agency functions, and the broader fund administration milieu is expected.
• Experience in AML ongoing monitoring and knowledge of the EMEA AML regulatory environment are highly desirable.
• Proven ability to investigate issues, devise solutions, and drive operational improvements.

Work Environment

At Northern Trust, partners benefit from a flexible, inclusive, and collaborative culture rooted in financial strength and stability. Advancement within the organization is encouraged, and leadership is accessible. Our workplace fosters community engagement and supports individual growth.

Reasonable Accommodation

We are committed to providing reasonable accommodations for applicants with disabilities. Candidates requiring accommodations during the recruitment process should contact our HR Service Center accordingly.

Next Steps

If you are passionate about AML and meet the qualifications, we invite you to apply and share your expectations for flexible working arrangements as we strive for a fulfilling workplace experience together.