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.

Northern Trust is looking for a highly skilled and motivated individual to lead the testing workstream in AML/KYC Governance matters for our First Line of Defence (1LOD) Anti-Money Laundering (AML)/Know Your Customer (KYC) function across the enterprise.

This position will report directly to the Global Head of AML/KYC Governance – First Line of Defence, within the office of the Chief Operating Officer (COO).

The KYC Governance Team Lead will:

Be responsible to oversee & track all testing that impacts the KYC CoE. This includes but is not limited to Audit testing, 2LOD testing, Regulatory exams
Be accountable for ensuring KYC CoE design attainable action plans for findings and track to completion meeting agreed deadlines
Design, implement and execute a 1LOD Testing Program ensuring close co-operation with the KYC CoE Training team when gaps are identified

Key Responsibilities include:

Support the Global Head of AML/KYC Governance to design and implement the Governance Framework to be deployed in the KYC CoE and to implement controls and testing to ensuring its ongoing effectiveness and Compliance with Enterprise-wide policies and standards
Lead the AML/KYC testing workstream for the KYC CoE, ensuring alignment and consistency across the enterprise
Identify, analyse, and manage AML/KYC risks, ensuring they are logged, monitored, and mitigated in line with Northern Trust’s risk appetite
Strengthen the AML/KYC risk posture through disciplined issue ownership, robust risk management processes, and adherence to heightened regulatory expectations
Provide governance reporting and insights by partnering with the Senior Program Manager, contributing to global status updates covering all CoE activities
Participate and present at the 1LOD AML/KYC Working Group ensuring lines of business (LoB’s) are fully aware of KYC identified risks and issues
Maintain strong, proactive relationships with corporate functions to facilitate transparent communication of AML/KYC risks and issues
Recruit, develop, and lead a team of AML/KYC Governance professionals, ensuring high performance, capability growth, and alignment with organisational priorities
Foster a culture of collaboration, accountability, and continuous improvement across the AML/KYC Governance function

The ideal candidate should have a fair amount of the following qualities:

A college or university degree and/or relevant proven work experience
Knowledge of AML/KYC/financial crimes regulations and processes
Experience within a Governance / Risk or Audit testing role
Highly collaborative, with leadership qualities to influence positively and productively
Strong presentation skills including experience in face-to-face presentations to senior management
Excellent interpersonal, organisational and administrative skills
Evidence of strong communication and influencing skills

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 MyHRHelp@ntrs.com.

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.

KYC Governance Team Lead

Job Description