Audit Manager

The Asset Servicing and International 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. With this focus, team members have the unique opportunity to develop views toward enterprise risks across global processes and key technologies, drive thought leadership in assessing fraud risks and controls, and create data analytics strategies to increase assurance effectiveness. Team members are encouraged to build authentic relationships, think creatively, and seek emerging trends and develop an insightful point-of-view. In a flexible and delivery driven culture, teams members are required to hold themselves accountable in respect to project deliverables. The Audit Manager is responsible for functioning as the as the "Auditor in Charge (AIC)" on multiple audit engagements by conducting and executing audits throughout the corporation. The Audit Manager is responsible for workpaper quality, thoroughness, accuracy, and timeliness. The Audit Manager must possess strong written and oral communication skills, a desire to promote a collaborative environment, and help further enhance the risk and control environment of the organization.

Major Duties:

• Perform the duties of the Auditor-in-Charge by completing required planning documentation, performing process walkthrough meetings, and drafting risks, controls, and tests
• Execute testing in accordance with Audit Services' Standards and producing clear and concise documentation that aligns the test attributes with test objectives, and connecting conclusions reached with the related to test results
• Functions in various roles on audit assignments, including leading audits, staffing audits, and providing oversight functions based on the needs of the team
• Demonstrating professional skepticism and comfort with questioning how certain processes are being performed in order to identify enhancement opportunities

• Applies analytical skills to review information, perform assessments of the audit results, and evaluate the adequacy of controls

• Obtaining and maintaining a thorough understanding of the Audit Services' Internal Audit Charter, Policy and Methodology, and adhering to all applicable requirements within those documents
• Works closely with the Senior Audit Manager and Associate Director to perform/develop the audit planning, scoping, and fieldwork execution strategy
• Reviews the workpapers of the audit team members ensuring that departmental standards have been met
• Ensure audit work including workpaper documentation, findings, and the final report adheres to Audit Services methodology and are clear, thorough but concise, and adequately support findings
• Completes and compiles findings and recommendations for the purpose of status updates, memos, and audit reports
• Developing adaptability in communication style and approach based on audience, risk, and purpose to ensure messaging is appropriate and productive with internal Audit Services partners at all levels and business unit teams
• Perform issue validation and assist audit team members with issue validation as necessary

A College or University degree and/or adept auditing experience in a financial institution, or similar public accounting experience

• Comprehensive knowledge of internal audit processes such as sampling, testing, and process/control walkthroughs with strong workpaper documentation skills. Experience with internal audit in the financial services industry is preferred but not mandatory
• Proficiency in Microsoft Office applications; experience with audit workpaper applications preferred
• Professional certifications (e.g., CPA, CISA, CIA, ACA, ACCA) and/or an MBA along with demonstrated technical abilities in select areas (e.g., accounting, regulatory compliance, etc.) are preferred but not mandatory
• General knowledge of the operations, functions, and objectives of interfacing areas is required to properly perform audits on operations, services, systems, workflow, and operational impact on other areas
• Proven ability to work independently and in a team environment
• Strong organizational and time management skills