Associate Director

Northern Trust; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Northern Trust in Bengaluru is seeking an experienced audit professional to lead and manage audit activities for assigned business units. You will ensure risks are effectively identified, evaluated, and mitigated, while guiding a team of auditors and coordinating with senior management.

The role requires strong communication with governance bodies and consistent delivery of high-quality audit reports, supporting the company’s commitments to integrity and regulatory compliance.

Responsibilities

• Oversees and manages all audit activities within assigned areas of responsibility.
• Maintains familiarity with business units, products, and risks to ensure coverage of key risk areas.
• Leads recruitment, staffing decisions, and performance management for audit staff.
• Communicates audit results and recommendations to senior management and governance committees.

Job description

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

• Oversees and manages all audit activities within assigned areas of responsibility. Establishes an effective risk based audit program. Ensures support provided by other audit teams (e.g., information systems auditing) is coordinated and properly covers the associated higher risk areas.
• Responsible for the audit team’s adherence to the Corporation’s/Department’s Policies and Standards and ensures work is performed within established timeframes.
• Maintains 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 areas.
• Responsible for staying current on regulatory rules and changes within the industry.
• Responsible for the issuance of audit reports for responsible areas to ensure clear, concise, and timely communication of risks and audit issues to Senior and Executive Management. Also, performs peer reviews of other Audit Team’s reports when necessary.
• Ensures that audit scopes are appropriate and cover key risks as defined by Department Policies and Standards.
• Participates in senior-level committees and client meetings, along with presenting to the Corporation’s Audit and Business Risk Committees as well as the local/regional Audit Committee, Oversight Committee, Legal Entity Boards and Risk Committees.
• Communicates with regulators, external auditors, and various risk management committees within the Corporation as part of ongoing continuous monitoring which assists in managing the Audit Plan.
• Interacts and partners with Senior and Executive Management to understand the risks within the business, business changes and other significant events that could significantly affect the business and/or the audit plan.
• Manages and performs special projects as assigned.
• Participates in meetings with business unit to discuss audit results.
• Communicates with partners at all levels, developing and presenting recommendations on operations and controls for the business unit.
• During audit engagements, assigns work to auditors, sets priorities and monitors activity.
• Conducts the performance management process for direct reports. Oversees the performance management process and ensures that Audit Managers are identifying training and development needs for their respective audit teams.
• Assesses and determines staffing needs to propose to snr management, makes employment recommendations, handles salary administration, and ensures resources are available to accomplish priorities. Participates in recruiting process for all Northern Trust audit teams.

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.

About Our Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees. In this stunning office space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees.

Learn more.