Internal Auditor for Asset Servicing

2 weeks ago


Chicago, Illinois, United States Northern Trust Full time
About Northern Trust


Northern Trust, a distinguished Fortune 500 entity, is a globally recognized financial institution that has maintained continuous operations since 1889.


We take pride in delivering innovative financial solutions and guidance to some of the world's most successful individuals, families, and institutions, adhering to our core principles of service, expertise, and integrity.

With over 130 years of experience and a workforce exceeding 22,000, we cater to the needs of the world's most sophisticated clients by leveraging advanced technology and exceptional service.


Role/Department:
Auditor/Internal Audit (Asset Servicing Business Unit)


Northern Trust is seeking an Auditor to become part of the Asset Servicing International (ASI) audit team. This role involves contributing as a team member in the planning and execution of audit engagements, as well as taking on the responsibilities of an Auditor-in-Charge (AIC) for smaller audits.

The Auditor will actively collaborate with senior members of the Northern Trust Asset Servicing business teams to assist the Audit Manager and/or AIC in executing the ASI audit plan.

Key responsibilities include:

  • Conducting cross-jurisdictional audit engagements related to ASI activities, such as fund services, security servicing, and client relationship management, while addressing significant risks in detail.
  • Designing and executing testing approaches, ensuring that documentation is clear, concise, and supports the reviews conducted.
  • Providing technical expertise and applying analytical skills to review relevant information.
  • Communicating audit status to stakeholders and management in a timely and clear manner.
  • Compiling findings and recommendations for status updates and audit reports.
  • Following up on audit issues and assisting other staff with validation testing.
  • Contributing to non-audit projects to support the team's growth as needed.
  • Collaborating with team members across various jurisdictions and cultures.
Skills/Qualifications

Successful candidates will possess:

  • A minimum of 2 years of assurance experience in internal audit, external audit, or related functions within a financial institution or consulting environment.
  • Demonstrated knowledge or interest in financial services.
  • A willingness to adapt to a dynamic global work environment, including flexibility in working hours.
  • Strong communication skills, both written and verbal.
  • Proficiency in Microsoft Office, particularly Excel.
  • Experience in utilizing data analytics methodologies.
  • Critical thinking abilities to analyze and challenge existing processes.
  • Proven project management skills.
Working Model:
Hybrid


We embrace a balanced hybrid working model, allowing flexibility in your work environment.

Working With Us


As a partner at Northern Trust, you will experience a collaborative work culture within a financially stable organization that encourages innovation.

We promote internal mobility, ensuring accessibility to senior leaders, and pride ourselves on our commitment to community service.

We value an inclusive workplace and understand that flexibility means different things to different individuals.

We look forward to learning how your interests and experiences align with our mission.



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