Senior Auditor - Asset & Wealth Management

001 The Northern Trust Company; Chicago (IL); Hybrid; USD 74,000 - 126,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

The Northern Trust is seeking a Senior Auditor to conduct and document audits across Asset and Wealth Management. You will lead audit project teams, oversee engagement scope, and train auditors while coordinating with Senior Audit Managers to define testing approaches.

Requirements include a four-year degree and 3+ years of auditing experience in a financial institution. The role offers a hybrid work model and a comprehensive benefits package.

Qualifications

• Knowledge of audit/accounting principles typically from related work experience and a four year degree program
• Strong analytical, organizational, and written communication skills
• Interest in pursuing professional certifications (CPA, CISA, CIA, ACA, ACCA)

Responsibilities

• Leads moderately complex audits end to end
• Advance understanding of audit methodology and standards
• Lead presentations of findings to management
• Assist in developing audit objectives and testing approaches
• Perform higher complexity tests and lead discussions with stakeholders

Skills

Audit principles

Analytical skills

Communication skills

Professional certifications interest

Education

Four-year degree

Job description

About Northern Trust

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. Audit Services offers financial services professionals the opportunity to work on some of the most complex and impactful issues in the industry. Our team applies insight, objectivity, and technical expertise to help protect and strengthen Northern Trust’s legacy. We are a collaborative, globally connected team of over 200 professionals.

Senior Auditor Role

The Senior Auditor is responsible for conducting and documenting audits across Asset and Wealth Management. This role leads audit project teams, which includes providing oversight to the audit team and communicating results of the engagement to management. The Senior Auditor provides technical expertise and training to auditors within the engagement audit team and works closely with Senior Audit Managers to confirm the scope of the audit and to devise an appropriate testing approach to be performed during the engagement.

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 collect materials
• Develop Opening Meeting deck
• Drafts 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/ 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

Hybrid (#LI-Hybrid) We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in 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 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)

Salary

Salary Range: $74,200 - 126,200 USD Salary range is a good faith estimate of base pay.

Benefits

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.

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

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.

APAC/INDIA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT

Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected under federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT

It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)