At a Glance
- Tasks: Lead financial crime compliance efforts across EMEA, ensuring robust policies and governance.
- Company: Join Northern Trust, a Fortune 500 company with over 130 years of excellence.
- Benefits: Flexible work culture, career growth opportunities, and commitment to community service.
- Other info: Be part of a diverse team that values innovation and ethical conduct.
- Why this job: Make a real impact in financial crime compliance while working with industry leaders.
- Qualifications: 15+ years in compliance, strong leadership, and deep knowledge of financial crime regulations.
The predicted salary is between 80000 - 100000 € per year.
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.
The EMEA Head of Financial Crime Compliance (FCC) is a senior leadership role accountable for firm-wide and branch-level financial crime compliance, leading the EMEA AML & sanctions efforts, implementing and overseeing the Global AML, Countering the Financing of Terrorism and Countering Proliferation Financing Program, advising senior leadership, engaging regulators, overseeing key controls and technologies, and building a high-performing FCC team. The EMEA Head of FCC ensures policies, procedures, and governance effectively counter financial crime risk, aligned to applicable laws, regulations, and conduct rules. This role oversees a regional team of FCC professionals and reports to the Global Head of Financial Crime Compliance.
Key Responsibilities:
- Own the firm's policies and procedures for countering financial crime risk, with local responsibility for legal entities inclusive of branches in the region.
- Develop and execute the EMEA AML & Sanctions strategy in partnership with the Global Head of FCC.
- Lead and enhance a dynamic regional AML & Sanctions framework that supports the ongoing enhancement of the program in response to regulatory change and shifting client, product and service trends.
- Provide forward-looking guidance on regulatory change, emerging risks, and business initiatives.
- Identify, assess, and monitor emerging AML and Sanctions risks.
- Take corrective action to implement solutions to improve control effectiveness.
- Oversee key controls, quality assurance, and surveillance technologies.
- Serve at the appropriate governance forums and regional financial crime risk assessments.
- Act as the primary EMEA regulatory contact for AML and Sanctions matters.
- Lead regulatory examinations, responses, and remediation.
- Provide updates to governance bodies on programme performance.
- Provide advice and support on current and new business initiatives.
- Assist with the regulatory change management process for FCC.
- Provide subject matter expertise to enhance FCC training.
- Advise senior leaders on FCC risks and regulatory expectations.
- Promote a culture of accountability and ethical conduct and abide by all regulatory requirements, including the UK regulator's Conduct Rules.
- Lead, mentor, and develop a high-performing regional FCC team.
- Ensure succession planning and continuous skills development.
- Embed FCC requirements across products, operations, and governance.
- Serve as the FCA-approved SMF17 MLRO for multiple Northern Trust entities.
Skills and Experience:
- Deep expertise in global AML, sanctions, and financial crime compliance, with experience operating within large, complex financial institutions.
- Proven ability to foster a strong culture of financial crime risk management, accountability, and ethical conduct across the organisation.
- Demonstrated leadership capability, providing clear guidance, mentorship, and direction to teams while promoting innovation, transparency, and collaboration.
- Strong influencing skills with the ability to engage effectively with senior management, regulators, and cross-functional stakeholders globally.
- A track record of leading and developing globally distributed teams in a complex regulatory environment.
- Strategic mindset with sound judgment, capable of anticipating, assessing, and mitigating emerging financial crime risks.
- Clear commitment to ethical decision-making, accountability, and the continuous strengthening of the firm's compliance culture.
- Acts as a senior culture-carrier, consistently demonstrating Northern Trust's values.
- Champions Northern Trust's OneNT strategy by strengthening resiliency, enhancing risk management, and driving productivity through technology, talent, and data.
Qualifications:
- 15+ years of progressive experience in Compliance, with significant exposure to financial crime compliance.
- Deep knowledge of global regulatory frameworks, including FCA, PRA, CBI, CSSF, and GFSC.
- Strong understanding of financial crime compliance, conduct risk, and compliance risk management frameworks.
- Demonstrated leadership and influence across global and cross-functional stakeholders.
- Strategic thinker with strong judgment and the ability to operate effectively at senior leadership level.
- Exceptional communication and stakeholder management skills.
- Strong analytical capability, with the ability to interpret regulations, assess risk, and clearly articulate implications for the business.
- Bachelor's degree required; JD, MBA, CAMS, or comparable advanced qualifications preferred.
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.
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.
Head of Financial Crime Compliance, EMEA - Northern Trust in London employer: Northern Trust
Northern Trust is an exceptional employer that fosters a flexible and collaborative work culture, encouraging innovation and personal growth. With over 130 years of financial expertise, employees benefit from accessible senior leadership, opportunities for career advancement, and a commitment to community service, making it a rewarding place to build a meaningful career in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Financial Crime Compliance, EMEA - Northern Trust in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial crime compliance space. Attend industry events or webinars, and don’t be shy about introducing yourself to key players. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching Northern Trust’s values and recent initiatives. Tailor your responses to show how your experience aligns with their mission. Remember, they’re looking for someone who embodies their commitment to ethical conduct and accountability.
✨Tip Number 3
Showcase your leadership skills! Be ready to discuss how you’ve built and mentored teams in the past. Highlight specific examples where you’ve fostered a culture of compliance and risk management. This will resonate well with the hiring team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining Northern Trust and being part of their mission to provide exceptional service.
We think you need these skills to ace Head of Financial Crime Compliance, EMEA - Northern Trust in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in financial crime compliance. We want to see how your skills align with the specific requirements of the Head of Financial Crime Compliance role.
Showcase Your Leadership Skills:Since this is a senior leadership position, don’t forget to emphasise your leadership experience. Share examples of how you've successfully led teams and influenced stakeholders in previous roles.
Be Clear and Concise:When writing your application, keep it clear and to the point. Use straightforward language to convey your qualifications and experiences, making it easy for us to see why you’re a great fit.
Apply Through Our Website:We encourage you to apply directly through our website. This way, you’ll ensure your application reaches the right people and stands out in our system. Plus, it’s super easy!
How to prepare for a job interview at Northern Trust
✨Know Your Regulations
Make sure you brush up on the latest AML and sanctions regulations relevant to the EMEA region. Being able to discuss specific regulatory frameworks like FCA, PRA, and others will show that you're not just familiar with the rules but also understand their implications for Northern Trust.
✨Showcase Your Leadership Skills
As a senior role, they’ll be looking for strong leadership capabilities. Prepare examples of how you've successfully led teams in complex environments, mentored individuals, and fostered a culture of accountability and ethical conduct. This will demonstrate your fit for leading the FCC team.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific financial crime scenarios or regulatory changes. Think through potential challenges and your strategic responses. This will highlight your analytical skills and ability to think on your feet.
✨Engage with Their Values
Northern Trust values client-centricity, risk management, and inclusivity. Be ready to discuss how your personal values align with theirs and provide examples of how you've embodied these principles in your previous roles. This will help you connect with the interviewers on a cultural level.
