Audit Manager - Asset and Wealth Management

at  Northern Trust Corp

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.
Audit Services
If you are curious, motivated, and forward-thinking, become a part of a global team of 160+ audit professionals - based in London - working with team members and business partners in: Tempe, Toronto, Jersey City, Limerick, Dublin, Chicago, Luxembourg, Pune, Bangalore, Singapore, Manila, and Melbourne. 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.
Role
We’ll help you make an impact with our onboarding, training and coaching, and you’ll have the opportunity to expand and apply your experiences and skills while performing continuous monitoring, refreshing risk assessments, developing audit approaches, creating forecasts, coordinating staffing and driving core audit projects supporting Northern Trust Asset and Wealth Management as an ‘Auditor-in-Charge’.
In addition to the core audit projects, you will also work with our team of global professionals in coordinating and executing targeting testing across a broad range shared service activities. Working across most organizational levels, this role is responsible for developing and maintaining high-trust relationships to produce a work product that adheres to the Institute of Internal Auditors International Standards for the Professional Practice of Internal Auditing and Audit Services’ methodology.

Principal responsibilities

• Develop and demonstrate an understanding of business processes, risks, and controls, along with an understanding of relevant laws, industry changes, and the impact of technology
• Identify and analyze risks, plan and prioritize audit projects for on-time delivery, conduct interviews, observe operations, document and analyze processes and controls, document the reliability and quality of data sources, develop and perform audit tests, document work papers, produce quality issues, review issues with management, evaluate the sustainability and repeatability of management actions, and draft audit reports
• Monitor budgets, team members, and escalate concerns
• Assist with developing audit staff by reviewing work product and ensuring that standards and department methodology expectations have been met
• Perform issue validation and assist audit 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 / 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), Chartered Accountant (ACA, CA), Certified Fraud Examiner (CFE), Chartered Financial Analyst (CFA)
• In depth professional experience in a financial institution or in a public auditing/consulting firm, in conjunction with relevant experience in internal audit and/or asset management or wealth management
• Continued interest and demonstrated proficiency on projects 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
• Proficient communication skills to enable: 1) discussion of the business and risk with partners of all levels, 2) delivery of issues/having tough conversations, 3) effective use of forms of communication (i.e. instant message, email, phone call, or meeting), and 4) effective report writing
• Proficient understanding of control frameworks such as: COSO Internal Control Integrated Framework and COBIT Information and Related Technology Framework, as well as project management and change methodologies
• Ability to maintain composure and 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
• Ability to travel if required, including outside of the United Kingdom

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 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

• Develop and demonstrate an understanding of business processes, risks, and controls, along with an understanding of relevant laws, industry changes, and the impact of technology
• Identify and analyze risks, plan and prioritize audit projects for on-time delivery, conduct interviews, observe operations, document and analyze processes and controls, document the reliability and quality of data sources, develop and perform audit tests, document work papers, produce quality issues, review issues with management, evaluate the sustainability and repeatability of management actions, and draft audit reports
• Monitor budgets, team members, and escalate concerns
• Assist with developing audit staff by reviewing work product and ensuring that standards and department methodology expectations have been met
• Perform issue validation and assist audit 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.