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:

Northern Trust is recruiting for an Associate Auditor to join the Audit Services function to focus on audits of Northern Trust's asset servicing activities. The Asset Servicing and International (ASI) Audit Team within Audit Services is responsible for providing assurance focused on Northern Trust’s middle and back office operations, which consist of core banking (i.e., loans and deposits) and asset servicing (e.g., custody services, transfer agency, fund accounting). Additionally, team members evaluate and advise on the implementation of new and emerging technologies and product offerings.

The role offers an excellent opportunity for the successful candidate to contribute to the enhancement and further growth of the global Audit Services team. Through engagement with other team members, you will work to execute audit engagements of a global nature. Success is measured by the comprehensiveness of the workpapers, quality of the audit testing, timeliness of the deliveries and your ability to foster relationships both internally in the audit department and with key stakeholders.

The key responsibilities of the role include:

Evaluate the adequacy and effectiveness of internal controls
Assist in determining the audit scope and audit testing approach, in conjunction with the Auditor In Charge and Audit Manager
Apply analytical skills to review information and determine potential control weaknesses
Understand and execute test steps to assess the design and operating effectiveness of the control and/or control environment
Complete and document a high quality summary of findings for review
Participate in meetings with business units to communicate audit results as well as validating findings with business management
Apply data analytics methods to facilitate the evaluation of risks and controls
Supports on issue tracking and validation testing of closure of issues
Contribute to the further enhancement of the audit services process and provide input to special projects, as assigned
Develop a thorough understanding of the Northern Trust Audit Methodology and adheres to all applicable Department Standards

Skills/ Qualifications:

The successful candidate will benefit from having:

A College or University degree and/or entry level auditing experience in a financial institution
Knowledge of auditing in the financial services industry and related work experience
Professional certifications (e.g., CRCM, CIA, CPA) and/or an MBA along with demonstrated knowledge in select areas (e.g., regulatory compliance, risk management, etc.) are preferred
Analytical and organizational skills are necessary to conduct audits
Excellent in verbal and written communication (i.e., report writing)
Results oriented, focused on completing projects timely and of high quality

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.

Associate Auditor

Job Description