Senior Auditor, Asset and Wealth Management

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:

Audit 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 Team.  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 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. 

Principal Responsibilities:  

• 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.)  

Experiences and Skills:  

• Bachelor's degree from accredited institution  

• 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)  

• Several years of professional experience, preferably in a financial institution or in a public