Audit Leader in Asset Servicing
4 weeks ago
About the Company:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. We provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity.
Job Description:
We are seeking an experienced Audit Manager to join our team at Northern Trust. In this role, you will contribute towards upholding the design and operating effectiveness of the internal Asset Servicing control environment.
Responsibilities:
- Coordinating and collaborating with the global Asset Servicing audit team on the identification of risk areas and execution of audit deliverables as part of the overall Asset Servicing audit plan.
- Demonstrating professional scepticism, evaluating business processes, controls and operating practices during audit related work.
- Evidencing effective audit team review and challenge to assess the overall quality of control design, operating effectiveness, implementation and sustainability.
- Project-managing assigned audit deliverables end-to-end, overseeing audit team staffing, assigning team tasks and monitoring the audit budget to ensure work is performed within established timeframes.
- Reviewing audit team output such as work-paper documentation, testing findings and recommendations ensuring adherence to Department standards.
- Displaying strong presentation and communication skills in presenting audit findings to stakeholders and audit management.
- Interacting regularly with Senior and Executive Management to assess risk, business changes and other significant events that could impact the business and/or the audit plan.
- Understanding and assisting in the implementation of data analytic techniques to support testing/assessment of the area under review.
- Drafting the final report to ensure appropriate adherence to the Department's Policies and Standards.
- Conducting continuous monitoring meetings with the Asset Servicing business and Audit Services management.
- Developing and demonstrating an ongoing understanding of Asset Servicing business risks, controls, and processes.
- Maintaining a knowledge base on regulatory rules and regulatory changes within the Asset Servicing industry.
- Managing and performing special projects as assigned.
Requirements:
- Extensive experience in financial services or a similar regulated industry, with several years of strong experience related to auditing/risk management/compliance.
- Knowledge of regulatory standards and/or frameworks.
- Ability to communicate effectively in both oral and written forms including report writing and work paper documentation skills.
- Knowledge of data analytics tools and techniques that can be applied to support audit testing/assessments.
Benefits:
- An estimated annual salary of €80,000 - €110,000.
- Ongoing opportunities for professional development and growth.
- A dynamic and supportive work environment.
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