Audit Associate: Financial Controls & Compliance

ACCA Careers; Chicago (IL); On-site; USD 53,000 - 79,000; Full time

Benefits offered by this job

401(k) and pension

Health, dental, vision benefits

Paid time off

Discretionary bonus program

Job summary

Northern Trust is a global leader in wealth management, asset servicing, asset management and banking services. This role involves reviewing departmental risks, developing test steps, and communicating audit results to stakeholders.

The candidate should have a degree and professional certifications in auditing or accounting, with strong analytical and documentation skills, to support compliance and governance across business units.

Qualifications

• Knowledge of auditing in financial services.
• Professional certifications (CPA, CISA, CIA, ACA, ACCA, MBA) preferred.
• Analytical and organizational skills are necessary.
• Report writing and workpaper documentation skills.

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
• Stays 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
• 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

Skills

Auditing knowledge

Analytical skills

Report writing

Regulatory compliance

Education

CPA

CISA

CIA

ACA

ACCA

MBA

Bachelor’s degree in finance or related field

Job description

Northern Trust is a global leader in wealth management, asset servicing, asset management and banking services. This role involves reviewing departmental risks, developing test steps, and communicating audit results to stakeholders.

The candidate should have a degree and professional certifications in auditing or accounting, with strong analytical and documentation skills, to support compliance and governance across business units.