Audit Manager - AML/Financial Crimes

Northern Trust Asset Management • Full-time • Greater Boston, US • $83.10k - $141.30k / year • 3w ago

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.

The Audit Manager is responsible for conducting and documenting audits throughout the Corporation. This role leads audit project teams, which includes providing oversight to the audit team and communicating results of the engagement to management. The Audit Manager provides technical expertise and training to auditors within the engagement audit team and works closely with Audit Team Leads and Senior Audit Managers to confirm the scope of the audit and to devise an appropriate testing approach to be performed during the engagement.

Leads two or more audits simultaneously at a minimum.
Conduct and document more complex and high risk audits throughout the Corporation.
Demonstrates professional skepticism and comfort with questioning how certain processes are being performed in order to facilitate making improvements.
Finalizes planning document.
Assisting in Audit Plan evolution by challenging scoping of audit project.
Functions in various roles on audit assignments, including leading audits, staffing audits, and providing oversight functions based on the needs of the team.
Applies analytical skills to review information, perform assessments of the audit results, and evaluate the adequacy of controls.
Leads a team of 1 or more staff in executing audits.
Works closely with the Audit Team Leader/Senior Audit Manager to perform/develop the audit planning, scoping, and fieldwork execution strategy.
Works closely with the Audit Team Leader/Senior Audit Manager to develop the audit budget and/or timeframe for how the audit will be completed. Reviews the work papers of the audit team members ensuring that departmental standards have been met.
Communicates the audit status to business unit and Audit Services management. Responsible for direct interaction with different committees and/or management.
Completes and compiles findings and recommendations for the purpose of status updates, memos, and audit reports.
Coordinates with other audit teams (business unit, regional, and specialist) to ensure evaluations of related areas occur timely and cover key areas within the audit.
Provides training, coaching, and auditing expertise to the audit team.
Operates independently; has in-depth knowledge of business unit/function. As subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level.
Carries out activities that are large in scope, cross-functional and technically difficult.
Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities.
Leading continuous monitoring meetings with business and Audit Services management

Knowledge:

• Knowledge of audit procedures and standards usually obtained through related work experience and a four-year degree program is required

• Has a comprehensive understanding of the Audit Services' Internal Audit Charter, Policy and Methodology and adheres to all applicable requirements within those documents

• Knowledge of corporate policies and procedures that relate to auditing/accounting standards and analytical skills are necessary to prepare audits

• Knowledge of the operations, functions, and objectives of interfacing areas is required to properly audit operations, services, systems, workflow, and operational impact on other areas

• Excellent oral and written communication skills are required

• Must be flexible and adaptive to change

Experience :

• A College or University degree and 6+ years of auditing experience in a financial institution is preferred

#LI_Hybrid

Salary Range:

$83,100 - 141,300 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

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.