Auditor - Financial Services

4 days ago


London, Greater London, United Kingdom Northern Trust Full time

About Northern Trust:

Northern Trust is a globally recognized financial institution that has been in continuous operation since 1889. Our company has been recognized for its commitment to service, expertise, and integrity, and we remain dedicated to helping our clients achieve their goals.

Job Description:

We are seeking an experienced Auditor to join our AML/financial crime audit team in the UK or Ireland. As an Auditor, you will be responsible for supporting internal audit activity across our global footprint, including our Wealth Management, Asset Management, and Asset Servicing businesses. You will also be working closely with stakeholders across the three lines of defense as part of audit engagements and on an ongoing basis.

Key Accountabilities:

  1. Act as subject matter expert on BSA/AML/OFAC Compliance related risks and have a solid understanding of systems and controls to manage these within large financial institutions.
  2. Support the planning, fieldwork, and reporting phases of AML/financial crime audits.
  3. Identify and assess AML/financial crime risks and controls in the context of the firm's business activities.
  4. Assess adherence to applicable regulatory requirements and internal policies and standards.
  5. Test/validate audit findings have been fully remediated upon closure.
  6. Ensure documentation supporting control testing is maintained to a high standard in accordance with internal audit methodology.
  7. Write clear and impactful reports communicating observations, risks, recommendations and agreed management actions arising from audit work.
  8. Presentation of status updates on audit activity or other topics to management.
  9. Build strong relationships with stakeholders across the three lines of defense as part of audit engagements and on an ongoing basis.
  10. Keep abreast of regulatory changes and industry best practice.

Why Join Us:

The salary for this role is estimated to be around £55,000 - £65,000 per annum, depending on experience. In addition to a competitive salary, we offer a range of benefits, including flexible working arrangements, professional development opportunities, and a comprehensive pension scheme. We are committed to creating a diverse and inclusive workplace where everyone feels valued and supported.

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