Associate Auditor

Northern Trust Corp.; Chicago (IL); On-site; USD 53,000 - 79,000; Full time

Benefits offered by this job

401(k) plan

Pension plan

Medical insurance

Dental insurance

Vision insurance

Paid time off

Parental leave

Disability benefits

Life insurance

Well-being benefits

Discretionary bonus program

Job summary

Northern Trust, a leading financial services firm in the U.S., is seeking an Auditor to review departments, identify risks, and assess controls within the audit function. You will develop test steps, document results, stay current on regulatory changes, and present clear recommendations to partners.

The role emphasizes analytical skills, attention to detail, and adherence to Northern Trust's audit methodology.

Qualifications

• Knowledge of auditing in the financial services industry.
• Professional certifications (CPA, CISA, CIA, ACA, ACCA) and/or an MBA preferred.
• Analytical and organizational skills are necessary to conduct audits.
• Experience: College degree and/or entry level auditing in a financial institution preferred.

Responsibilities

• Performs review of various departments by understanding the key risks and controls within the function being reviewed.
• Develops and executes test steps, documents results and evaluates results to assess the quality of the control and/or control environment.
• Responsible for staying current on regulatory rules and changes within the industry.
• 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.
• Applies analytical skills to review information and determine potential control weaknesses.
• Develops a thorough understanding of the Northern Trust Audit Methodology and adheres to all applicable Department Standards.
• Completes and compiles a high quality summary of findings and recommendations for review in a concise and professional manner.

Skills

Auditing knowledge

Analytical skills

Regulatory knowledge

Education

Bachelor's degree in finance/accounting

MBA preferred

Job description

About Northern TrustAs 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.Major Duties :• Performs review of various departments by understanding the key risks and controls within the function being reviewed. Develops and executes test steps, documents results and evaluates results to assess the quality of the control and/or control environment • Responsible for staying current on regulatory rules and changes within the industry • 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 • Utilizes understanding of various Corporate units to ensure operations, services, and systems have proper audit controls in place (i.e., design of the control environment) • Evaluates corporate management, business processes, business controls and operating practices during audits and consulting/monitoring engagements • Applies analytical skills to review information and determine potential control weaknesses • Develops a thorough understanding of the Northern Trust Audit Methodology and adheres to all applicable Department Standards • Completes and compiles a high quality summary of findings and recommendations for review in a concise and professional manner Knowledge :• Knowledge of auditing in the financial services industry and basic accounting principles and related work experience • Professional certifications (e.g., CPA, CISA, CIA, ACA, ACCA) and/or an MBA along with demonstrated technical abilities in select areas (e.g., accounting, regulatory compliance, etc.) are preferred • Analytical and organizational skills are necessary to conduct audits • Report writing and workpaper documentation skills Experience :A College or University degree and/or entry level auditing experience in a financial institution is preferred.Salary Range:$52,800 - 79,200 USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.Work AuthorizationApplicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).Working with UsAs 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 AccommodationNorthern 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.