Fiduciary Audit Specialist

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.Role/ Department: Fiduciary Audit Specialist/Audit ServicesThe Audit Specialist is a subject matter expert that has a strong technical understanding of products, services or regulations for the Business Unit they support.The key responsibilities of the role include:Providing strategic thought leadership in designing/maintaining a fiduciary risk audit coverage strategy and executing the Fiduciary Risk Practice Lead Framework. Giving Audit teams feedback and advice in all aspects of fiduciary risk and fiduciary activities.Draft board reporting, both at the legal entity and corporate levels, to provide insight to board members on the key risks and themes identified by the Audit TeamInteract with global regulators to articulate Audit's fiduciary risk view, and ongoing coverage and assessment of fiduciary business processes and activities.Functions in various roles on audit engagements, including fiduciary subject matter expert or providing consulting or oversight functions based on the needs of the teamProvides fiduciary technical expertise to the Audit Team and uses sound audit practicesMaintains familiarization and technical expertise with the assigned business unit(s) including organizational structure, personnel, activities and products, new product development, financial performance and risk and problem areasMonitor fiduciary regulatory updates and provide team with guidance on impact of changes in regulatory environment and how to adjust audit plan and coverage to support.Interacts, partners and presents to Senior and Executive Management to understand the fiduciary risks within the business, business changes and other significant events that could significantly affect the business and/or the audit planManages and performs special projects and other audit execution work as assignedParticipates in meetings with business units, Senior, and Executive Management to discuss audit resultsCommunicates with partners at all levels, developing and presenting recommendations on operations and controls for the business unitUtilizes understanding of various Corporate units to ensure operations, services, and systems have proper audit controls in place (i.e., design of the control environment)Evaluates corporate management, business processes, business controls and operating practices during audits and consulting/monitoring engagementsApplies analytical skills to review information and determine potential control weaknessesDevelops the audit teams technical understanding of fiduciary risk including maintaining and development of new fiduciary training.Represents Audit Services or Steering Committees and/or Working GroupsDrive and support change in the Audit Services team in line with the vision and strategySkills/Qualifications:7 to 10 Years of experience with be audit /risk/compliance, including in the fiduciary space.Subject matter expertise in fiduciary risk and fiduciary activities, both in North America and globallyThorough understanding of project management principles in relation to people, systems and processes, to provide value quickly and enable change; and,Interest and aptitude for identifying problems of varying complexity and developing sound and actionable solutions within given constraintsAnalytical and organizational skills are necessary to conduct auditsStrong report writingExcellent verbal and written communication skillsLeadership and organizational skills are required to determine the Business Unit's goals, resources needed, and to assess and develop the skills of staff.A College or University degreeThe successful candidate will benefit from having:Previous internal audit management experience is preferredProfessional certifications (e.g., CFIRS, CPA, CISA, CIA, ACA, ACCA) and/or an MBAWorking Model: Hybrid (#LI-Hybrid)We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.Salary Range:131, 905-180, 000Salary range is an estimate of base pay. Northern Trust provides a comprehensive benefits package, including retirement and pension plan contributions, health and welfare benefits, paid time off, parental and caregiver leave, life insurance, and other wellbeing benefits .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. #MadeForGreaterReasonable accommodationNorthern 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.Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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