AML Analyst, Transfer Agency

AML Analyst, Transfer Agency

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.

Continue to learn, grow and evolve

No matter what greater means to you, we can help you find it. We believe in empowering our partners with the resources, support and opportunities to achieve greater and reach their full potential. A strong focus on individual career development and growth is just one way we help you reach your goals.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to strengthening the communities in which we live and work.

Role/ Department:

The Transfer Agency department provides a third party fund administration service to numerous fund management companies covering the full range of shareholder servicing functions including dealing, registration, finance and investor services. Transfer Agency is a growing department based over Luxembourg and India. It’s a fast paced environment offering all partners excellent opportunities to grow their careers.   

Reporting into the Team Leader, the AML Analyst will work as part of a dedicated team, providing high touch client service to a range of Northern Trust's Transfer Agency clients. 

The role requires to be independent with little guidance from line management, to support AML compliance services aligned to:

• AML Legislation/Regulation & Guidance/Best Practice.
• AML processes and procedures.

The key responsibilities of the role include:

• Analyse the investor profile, determine the risk level and collect the required set of documentation to meet applicable laws and regulations and in the respect of Northern Trust internal AML Policy procedures;
• Respond to all clients and / or associated internal departmental queries in a timely, accurate and professional manner in accordance with departmental procedures.
•  Take delivery of the applications and supporting documents through a workflow system 
• Take delivery of the applications and supporting documents through a workflow system
• Assess the content of the documents for completion and compliance to:
• Standard Registration requirements
• Pre-determined Anti-Money Laundering / Know your Client requirements
• Input the content of the documents onto the line of business
• Transmit the relevant communications to Clients/Investors related to the above

Skills/ Qualifications:

• The successful candidate will benefit from having:
• Sound knowledge of Transfer Agency duties ideally in a similar role and of financial markets
• Experience in a similar role of equivalent for at least 3 years
• Fluency in English (both written and spoken). French or German is a distinct advantage
• Good understanding of IT system flows and mastering MS Office
• Attention to detail and focus on quality (working with accuracy)
• Ability to work independently in an organized way and take up appropriate responsibility
• Analytical and technical thinking
• Team spirit with a dynamic and flexible approach
• Strong communication skills and presentation 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.

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.

About Our Luxembourg Office

In 2024, the Northern Trust Luxembourg office celebrated their 20th anniversary, an important chapter in their history. Having opened in 2004 to support one client, they have since grown their client base substantially and increased their headcount significantly, which now stands at over 400.

From modern fully equipped meeting rooms to a vast canteen with a view over a vegetable garden, maintained by our team all year round, and a rooftop where beehives have been installed, this space is truly a source of pride for our team.