What are the responsibilities and job description for the Senior Analyst Sanctions position at Northern Trust Company?
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. We are looking for a Senior Analyst Sanctions Summary: This successful candidate is responsible for reviewing and analyzing escalated OFAC alerts related to various types of transactions, Additionally, this individual will investigate and make appropriate actions to determine transactions are permissible under Office of Foreign Asset Control (OFAC) and/or any other applicable jurisdictional Sanctions program. Major Duties: Review and action OFAC alerts that are escalated to the Level II team. This requires completing thorough write ups and/or requesting additional details when needed. Collaborate with team members and internal partners as needed related to OFAC matters. Collaborate with Sanction Compliance team with respect to sanction changes and impact to sanction screening process of SWIFT messages, Security transactions, and wire payments. Perform Quality Control Reviews on areas that perform sanction screening reviews, to assure compliance with applicable regulatory requirements and adherence to internal policies/procedures. Identify any Compliance Sanction Risks associated with the Company’s activities. Knowledge/Skills: Knowledge of applicable U.S. Sanctions laws and regulations, usually acquired through formal education or experience, is preferred. At least 1-3 years of related work experience. Prior work in an OFAC Sanction’s role strongly preferred, but not required. Knowledge and/or previous experience with wire transactions, including understanding SWIFT payments are a plus. Organizational skills required to coordinate compliance activities and training. Excellent oral and written communication skills are required. Strong technical skills and knowledge of transaction processing systems is preferred. Ability to proactively and independently research, gather evidence for compliance documents. Ability to learn and handle an abundant amount of information as it relates to Sanctions activities performed. 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. Looking for greater? You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies. Terms and Conditions Privacy Policy California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), 630-276-5353 (Asia Pacific), 1800-425-0333 (India), 44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information. APAC/INDIA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. Canada EEO STATEMENT Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance. EMEA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. USA EEO STATEMENT It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)
Financial Crime Sanctions Senior Manager
Crowe -
Chicago, IL
EFCC Economic Sanctions & List Screening Adjudication Analyst
U.S. Bank National Association -
Chicago, IL
Actuarial Analyst
Wellbe Senior Medical -
Chicago, IL