Associate Director, Audit Services

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

This position will report directly to the Managing Director in Sydney, and will work closely with partners from across Audit Services located in Chicago, London, Singapore and other global locations.

The Associate Director, Audit Services is responsible for defining and ensuring the successful execution and delivery of internal audit and validation approaches through engagement with all levels of management from across Audit Services, businesses and control functions. This high-profile role engages with senior members of Northern Trust and will support the Managing Director as a primary point of contact for Audit Services regulatory and audit issue remediation assurance activities.

The Associate Director will play a key role in communicating, training and supporting stakeholders and audit partners, as well as looking to continually improve processes. A strong and confident communicator, the Associate Director, Audit Services promotes a collaborative approach to enhance the risk and control environment for the organization.

KEY RESPONSIBILITIES
- Proactive, strategic consultant to stakeholders, with increasing committee/working group involvement
- Manage multiple audits concurrently, and strive to integrate work within and between teams to drive efficiencies
- Manager of managers; build team; partner to provide support elsewhere on team
- Provide coaching and training to managers and auditors
- Continuous monitoring
- Complete risk assessments, propose changes to the audit universe
- Ensure audit engagements are delivered within budget and to agreed deadlines
- Propose audit plan, including budget, coverage and timing, and ensure coverage is appropriate taking into account risk profiles and regulatory requirements
- Propose staffing hires for staff level and Senior Audit Managers
- Validation of audit and regulatory issues
- Responsible to ensure legal entity audit coverage is sufficient
- Oversees and manages all audit activities within assigned areas of responsibility. Establishes an effective risk based audit program. Ensures support provided by other audit teams and co-sourced services (e.g., information systems auditing) is coordinated and properly covers the associated higher risk areas
- Promotes high quality audit work in line with Northern Trust audit methodology through coaching and workpaper reviews

KNOWLEDGE/SKILLS
- Strong interpersonal, analytical, organizational, and communication skills - including effective business writing and presentations
- Ability to develop relationships with diverse groups and various levels of personnel
- Demonstrates strong and current knowledge of regulatory rules and industry changes
- Have a professional certification (CPA, CISA, CIA, ACA, ACCA and/or MBA with demonstrated technical abilities in certain areas (e.g. accounting, regulatory compliance, financial crime compliance, resiliency)
- An ability to work in a fast paced environment as part of a global audit team

EXPERIENCE
- 10+ years of experience within the banking/financial services sector or similar public accounting experience in the financial services industry, of which at least 5 years internal audit experience
- Prior experience managing / developing staff and leading through others

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.

Reasonable accommodation


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.