Northern Trust
Senior Auditor, Wealth Management/Asset Management
Northern Trust, Chicago, Illinois, United States, 60290
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:
Senior Auditor, Asset and Wealth Management/Internal AuditAudit Services provides the opportunity for financial services professionals to work on some of the most challenging issues in the industry to apply knowledge, insights, and objectivity to protect and strengthen Northern Trust’s legacy. Our talented people empower us, and we believe in building a team that is entrepreneurial, collaborative, and passionate. This professional will join the Northern Trust Asset and Wealth Management Audit Services. Based on skill sets and experience, the selected candidate will lead audit project teams, including providing audit team oversight and communicating results of the engagement to management. The role also involves utilizing technical expertise, including data analytics, and providing training to auditors within the engagement’s audit team. The selected candidate will work closely with Audit Specialists and Audit Managers to confirm the scope of the audit, devise an appropriate testing approach to be performed during the engagement, lead the auditors assigned to the project to a successful testing conclusion, and report findings to senior management.The key responsibilities of the role include:• Conduct complex, cross-functional, technically difficult, and high-risk audit engagements throughout the Corporation with appropriate attention to detail• Demonstrate a deep analytical approach to understand risks, controls, and identify control gaps in processes across the business unit• Lead planning for audits assigned including developing an appropriate scope that captures key/high risk areas and alignment with regulatory requirements/expectations• Develop risks, controls and corresponding test steps and review those prepared by junior auditors• Execute tests of design and tests of operating effectiveness proficiently, inclusive of more advanced audit techniques• Ensure audit work including workpaper documentation, findings, and the final report adheres to Audit Services methodology and are clear, thorough but concise, and adequately support findings• Communicate and support initial findings to senior management and/or stakeholders for challenge and discussion• Translate initial findings into formal draft issues and audit report content and assist Audit Manager with finalizing• Review work of junior members on the audit ensuring that auditing standards and department methodology expectations have been met• Perform issue validation and assist junior staff with issue validation as necessary• Assist with ad hoc projects as necessary (e.g., updating audit universe auditable entities, risk-based audit cycling analysis, etc.)Skills/Qualifications:•Bachelor's degree from accredited institution•More than four (4) years of audit experience in a financial institution or in a public auditing/consulting firm•Communication skills to enable: 1) discussion of the business and risk with internal team members, 2) effective use of forms of communication (i.e. instant message, email, phone call, or meeting), and 3) effective written communication•Ability and interest to build relationships across multiple time zones in a fast paced environment•Ability to perform ad hoc projects with flexibility and professional creativity•Ability to diagnose problems, determine root causes, and identify solutions•Demonstrated proficiency in evidencing strong analytical, project management, and problem solving skills•Strong Microsoft Excel skills•Proven ability to work independently and in a team environment•Ability to work under pressure and deliver to tight deadlines•Ability to adapt and react positively in a changing and dynamic work environment•Interest around topics such as: economics, investment strategy and research, product management, investment administration, portfolio management and trading, alternative investments, derivatives, money market funds, mutual funds, collective investment funds, unit investment trusts, exchange traded funds, hedge funds, private equity funds, separately managed accounts, undertakings for the collective investment in transferable securities, marketing and sales practices, trade and transaction reporting, performance reporting, compliance practices, accounting practices, Investment Advisers Act, Investment Company Act, Markets in Financial Instruments Directive, Global Investment Performance Standards
The successful candidate will benefit from having:•Professional credentials such as: Certified Internal Auditor (CIA), Certified Financial Services Auditor (CFSA), Certified Information Systems Auditor (CISA), Certified Public Accountant (CPA), Certified Fraud Examiner (CFE), Chartered Financial Analyst (CFA)•Internal audit experience within Asset and/or Wealth managementWorking 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.
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.
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Senior Auditor, Asset and Wealth Management/Internal AuditAudit Services provides the opportunity for financial services professionals to work on some of the most challenging issues in the industry to apply knowledge, insights, and objectivity to protect and strengthen Northern Trust’s legacy. Our talented people empower us, and we believe in building a team that is entrepreneurial, collaborative, and passionate. This professional will join the Northern Trust Asset and Wealth Management Audit Services. Based on skill sets and experience, the selected candidate will lead audit project teams, including providing audit team oversight and communicating results of the engagement to management. The role also involves utilizing technical expertise, including data analytics, and providing training to auditors within the engagement’s audit team. The selected candidate will work closely with Audit Specialists and Audit Managers to confirm the scope of the audit, devise an appropriate testing approach to be performed during the engagement, lead the auditors assigned to the project to a successful testing conclusion, and report findings to senior management.The key responsibilities of the role include:• Conduct complex, cross-functional, technically difficult, and high-risk audit engagements throughout the Corporation with appropriate attention to detail• Demonstrate a deep analytical approach to understand risks, controls, and identify control gaps in processes across the business unit• Lead planning for audits assigned including developing an appropriate scope that captures key/high risk areas and alignment with regulatory requirements/expectations• Develop risks, controls and corresponding test steps and review those prepared by junior auditors• Execute tests of design and tests of operating effectiveness proficiently, inclusive of more advanced audit techniques• Ensure audit work including workpaper documentation, findings, and the final report adheres to Audit Services methodology and are clear, thorough but concise, and adequately support findings• Communicate and support initial findings to senior management and/or stakeholders for challenge and discussion• Translate initial findings into formal draft issues and audit report content and assist Audit Manager with finalizing• Review work of junior members on the audit ensuring that auditing standards and department methodology expectations have been met• Perform issue validation and assist junior staff with issue validation as necessary• Assist with ad hoc projects as necessary (e.g., updating audit universe auditable entities, risk-based audit cycling analysis, etc.)Skills/Qualifications:•Bachelor's degree from accredited institution•More than four (4) years of audit experience in a financial institution or in a public auditing/consulting firm•Communication skills to enable: 1) discussion of the business and risk with internal team members, 2) effective use of forms of communication (i.e. instant message, email, phone call, or meeting), and 3) effective written communication•Ability and interest to build relationships across multiple time zones in a fast paced environment•Ability to perform ad hoc projects with flexibility and professional creativity•Ability to diagnose problems, determine root causes, and identify solutions•Demonstrated proficiency in evidencing strong analytical, project management, and problem solving skills•Strong Microsoft Excel skills•Proven ability to work independently and in a team environment•Ability to work under pressure and deliver to tight deadlines•Ability to adapt and react positively in a changing and dynamic work environment•Interest around topics such as: economics, investment strategy and research, product management, investment administration, portfolio management and trading, alternative investments, derivatives, money market funds, mutual funds, collective investment funds, unit investment trusts, exchange traded funds, hedge funds, private equity funds, separately managed accounts, undertakings for the collective investment in transferable securities, marketing and sales practices, trade and transaction reporting, performance reporting, compliance practices, accounting practices, Investment Advisers Act, Investment Company Act, Markets in Financial Instruments Directive, Global Investment Performance Standards
The successful candidate will benefit from having:•Professional credentials such as: Certified Internal Auditor (CIA), Certified Financial Services Auditor (CFSA), Certified Information Systems Auditor (CISA), Certified Public Accountant (CPA), Certified Fraud Examiner (CFE), Chartered Financial Analyst (CFA)•Internal audit experience within Asset and/or Wealth managementWorking 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.
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.
#J-18808-Ljbffr