Auditor- Asset & Wealth Management

Northern Trust; Chicago (IL); Hybrid; USD 61,500 - 98,300; Full time

Benefits offered by this job

Retirement benefits (401(k) and pension)

Health and welfare benefits (medical, dental, vision)

Paid time off

Discretionary bonus program

Job summary

Northern Trust, a Fortune 500 company located in Chicago, is looking for an experienced individual to join their team in a hybrid role focusing on Asset and Wealth Management. You will support audits, analyze risks, and collaborate with stakeholders to ensure compliance with Internal Audit standards.

The ideal candidate will have a Bachelor's degree, 2-4 years of experience in internal audit, and preferably hold or be progressing toward a professional certification. Northern Trust offers a competitive salary package along with comprehensive benefits.

Qualifications

• 2–4 years of experience in internal audit, risk, or public accounting/consulting within financial services.
• Experience or interest in Asset and/or Wealth Management.
• Professional certification (or progress toward certification) preferred: CIA, CPA, CFA, CISA, CFSA, or CFE.

Responsibilities

• Support the execution of audit engagements from planning through reporting.
• Analyze processes and controls to identify risks and control gaps.
• Build strong relationships with stakeholders across the business.
• Evaluate the effectiveness of controls and document findings in accordance with methodology.

Skills

Analytical skills

Communication skills

Problem-solving skills

Risk assessment

Education

Bachelor’s degree from an accredited institution

Tools

Audit software

Job description

About Northern Trust – a Fortune 500 company, a globally recognized, award-winning financial institution in continuous operation since 1889. Northern Trust provides innovative financial services to the world’s most successful individuals, families, and institutions, with over 130 years of experience and more than 22,000 partners worldwide.

This hybrid Chicago-based role offers exposure across Asset and Wealth Management while working with stakeholders at all organizational levels. In this role, you will contribute to the delivery of high-quality audits across Asset and Wealth Management. Through structured onboarding, training, and coaching, you will build your expertise while applying professional skepticism and analytical thinking to evaluate processes, risks, and controls.

You Will

• Support the execution of audit engagements from planning through reporting
• Analyze processes and controls to identify risks and control gaps
• Build strong relationships with stakeholders across the business
• Deliver work that meets Internal Audit standards and Audit Services methodology

Key Responsibilities

• Develop an understanding of business processes, risks, controls, and relevant regulatory requirements within Asset and Wealth Management
• Identify and assess risks, and contribute to audit planning and prioritization
• Execute audit testing, including interviews, walkthroughs, and data analysis
• Evaluate the effectiveness of controls and document findings in accordance with methodology
• Prepare clear, concise workpapers and assist in drafting audit observations and issues
• Collaborate with team members and engage with stakeholders, including senior management
• Support additional activities such as issue validation, retrospective reviews, and departmental initiatives

Experience & Skills

• Bachelor’s degree from an accredited institution
• 2–4 years of experience in internal audit, risk, or public accounting/consulting within financial services
• Experience or interest in Asset and/or Wealth Management
• Professional certification (or progress toward certification) preferred: CIA, CPA, CFA, CISA, CFSA, or CFE

Key Capabilities

• Strong analytical and problem‑solving skills, with the ability to identify root causes and solutions
• Effective verbal and written communication skills across multiple formats
• Ability to build relationships and collaborate across teams and time zones
• Working knowledge of risk and control frameworks (or willingness to develop)
• Adaptability and ability to manage multiple priorities in a fast‑paced environment
• Curiosity and interest in building business and product knowledge

Salary Range

$61,500 - 98,300 USD. Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package, including retirement benefits (401(k) 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. A discretionary bonus program may include an equity component.

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 [e-mail].