at Northern Trust Company in Chicago, Illinois, United States
Job Description
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: Audit Manager (Capital Markets and Financial Risk Management)/ Internal Audit
Audit Services is seeking an eager partner to help advance and grow our audit coverage across Northern Trust's Capital Markets and Financial Risk Management processes. This is an exceptional opportunity for you to showcase and further expand your audit skills, and knowledge. You will have the opportunity to work with audit partners in Ireland, London, Chicago, and Manila, gain deep insights to Northern Trust's global business, as well as exposure to senior management.
The Audit Manager is a key position within the Capital Markets and Financial Risk Management Audit Services Team responsible for project management and delivery of audit engagements across risk management processes (specifically credit risk) and key capital markets businesses including Global Foreign Exchange Trading, Securities Lending, Brokerage and Transitions Management. Success is measured by the comprehensiveness of the workpapers, quality of the audit reports, timeliness of the deliveries, mentoring of junior staff, contributing to team process enhancements, and your ability to foster relationships both internally in the audit department and with key stakeholders. In addition, the Audit Manager may also execute a broader role across the team in terms of executing enhanced continuous monitoring for their allocated areas. This position will report locally to the Senior Audit Manager in Chicago.
The key responsibilities of the role include:
Leads audit project teams, including taking ownership and being accountable in meeting stated audit project objectives and timeframes, adhering to Audit Department Policies and Standards
Gain an understanding of the business risks, controls, and processes, relevant laws, regulatory rules, and knowledge of systems dependencies within areas under review
Accurately designs and executes the testing approach and ensures work paper documentation is clear, concise, supports the reviews performed, and adequately supports decisions and conclusions made during the project
Continuously identifies efficiency opportunities to 'work smart' through the audit project, and work collaboratively with team members across multiple jurisdictions and cultures
Adopts a proactive manner in communication of the audit status, including leading discussions with stakeholders and Audit Services management where issues/risks have been identified
Compiles findings and recommendations and ensures they adequately support status updates, memos, and audit reports
Build relationships across the Audit Department and stakeholders alike through provision of in-depth insight and leadership
Skills/Experience:
The successful candidate will benefit from having:
5+ years of experience in internal audit, monitoring or testing functions in a financial institution, regulator, or risk consulting firm. While not required, experience in credit risk is highly desired
Effectively communicate with senior stakeholders...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
