Senior Auditor – Asset & Wealth Management

Northern Trust; Chicago (IL); On-site; USD 74,200 - 126,200; Full time

Benefits offered by this job

401(k) and pension

Health benefits

Paid time off

Discretionary bonus program

Job summary

Northern Trust is looking for a Senior Auditor for its Asset and Wealth Management team. This role involves leading audits, providing oversight, and communicating results to management. Additionally, the candidate should have strong analytical and communication skills, with a minimum of 3 years’ experience in auditing within a financial institution.

The position operates in a hybrid model, balancing office and remote work, with a competitive salary range of $74,200 to $126,200, along with comprehensive benefits.

Qualifications

• Knowledge of audit and accounting principles, usually obtained through related work experience.
• Interest in pursuing professional certifications (e.g., CPA, CISA, CIA).
• 3+ years’ auditing experience in a financial institution is preferred.

Responsibilities

• Conduct and document audits across Asset and Wealth Management.
• Lead audit project teams and communicate results to management.
• Perform higher complexity tests and lead discussions on findings.

Skills

Analytical skills

Organizational skills

Communication skills

Education

Bachelor's degree in a relevant field

Job description

Senior Auditor – Asset and Wealth Management

The Senior Auditor is responsible for conducting and documenting audits across Asset and Wealth Management, leading audit project teams, providing oversight, and communicating engagement results to management. This role provides technical expertise and training to auditors and works closely with Senior Audit Managers.

Major Duties

• Leads moderately complex audits end to end – one at a time
• Advancing understanding of audit methodology/standards
• Advanced testing and first level reviews of less complex tests
• Lead presentations of findings

Planning

• Assist in the development of the audit objective and testing approach
• Lead as Auditor in Charge (AIC) on less complex audit engagements
• Complete planning documents
• Lead walkthroughs, develop process flows; identify risks and collect materials
• Develop Opening Meeting deck
• Draft risk and controls; assign inherent risk rating

Fieldwork

• Perform higher complexity tests
• Lead discussions with stakeholders on testing findings
• Perform first level (L1) reviews on less complex tests

Reporting

• Assist in first drafts of audit issues
• Assist in drafting report

Data Analytics

• Proactively identify DA opportunities

Issue Validation

• Performs testing
• Drafts memo

Knowledge & Skills

• Knowledge of audit and accounting principles usually obtained through related work experience and a four-year degree program is required
• Strong analytical, organizational, and communication skills – including effective business writing skills
• Interest in pursuing professional certifications (e.g., CPA, CISA, CIA, ACA, ACCA)

Experience

• A college or university degree and 3+ years’ auditing experience in a financial institution

Working Model

The role operates in a hybrid model, balancing time spent at the office and working from home.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship. Northern Trust does not sponsor U.S. work visas for this opportunity.

Salary & Benefits

Salary range: $74,200 – 126,200 USD.

Benefits include a comprehensive package: retirement benefits (401(k) and pension), health and welfare benefits (medical, dental, vision, spending accounts, disability), paid time off, parental and caregiver leave, life and accident insurance, and other voluntary and well-being benefits. A discretionary bonus program that may include an equity component is also provided.

Reasonable Accommodation

Northern Trust is committed to providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email the HR Service Center at [e-mail].