About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to 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. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Role/Department:

As the Pre-Approval Controlled Function (“PCF”) Head of Internal Audit (PCF-13), subject to Central Bank of Ireland (“CBI”) approval, the individual will be responsible for executing the day-to-day Head of Internal Audit responsibilities for the Northern Trust Company Ireland Branch* (*subject to CBI authorisation). This role combines strategic leadership of the audit activities for TNTC-IB with deep subject matter expertise in payments, responsible to lead and execute complex audits focused on payment systems, processes, and controls across the Northern Trust organization.

The ideal candidate will have extensive internal audit experience, having worked in a senior internal audit role within a credit institution with a deep knowledge of payment ecosystems, regulatory frameworks, and industry best practices. The role holder can be based in either Northern Trusts Dublin or Limerick offices.

This role is designated as a Material Risk Taker

The key responsibilities of the role include:

Execution of the day-to-day Head of Internal Audit responsibilities for TNTC-IB in accordance with the PCF-13 Statement of Responsibilities, including the development of the TNTC-IB Audit Universe and the risk-based annual internal audit plan
Overseeing the execution of the approved plan, and adjusting the plan as needed in response to changes in the legal entity business risks, operations, programs, systems, and controls, ensuring that audits are conducted in accordance with internal and professional standards
Communicating and reporting internal audit results clearly and constructively to stakeholders at all levels, including to the TNTC-IB Management Committee and Senior Management Team
Executing a program of continuous monitoring to ensure continued awareness of risks and risk themes affecting TNTC-IB including, at a minimum: attendance at relevant risk governance forums, regular meetings with first- and second-line management, participation in industry councils and continuous assessment of the impacting regulatory and legislative landscape
Engaging with regulators, including provision of requested internal audit documentation as part of supervisory activity, where requested
Submission of relevant internal audit reports to the CBI in line with prescribed timelines
Designing and maintaining a payments audit coverage plan for the wider Northern Trust payments environment, ensuring audit coverage addresses end-to-end payment flows, including authorization, clearing/settlement, reconciliation, fraud prevention, and operational resilience
Monitoring and updating the payments audit coverage plan to reflect changes in payment technologies, regulatory developments, and business priorities.
Overseeing the execution of payment-focused audits, ensuring adherence to audit methodology and quality standards

Skills / Qualifications:

The successful candidate will benefit from having:

Extensive experience in internal audit leadership roles within financial services with advanced knowledge of internal audit principles
Deep knowledge of financial services payment ecosystems, regulatory frameworks, and industry best practices
Strong analytical, strategic thinking, and stakeholder management skills including effective business writing and presentations
Excellent communication skills with the ability to influence at board and executive levels.
A Professional certification (CPA, CISA, CIA, ACA, ACCA)

Note: This role will be subject to the Senior Executive Accountability Regime (SEAR), which imposes a legal Duty of Responsibility on persons carrying out this Pre-Approval Controlled Function (PCF) role.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

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 MyHRHelp@ntrs.com.

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

PCF-13 Head of Internal Audit/ Payments Specialist

Job Description