Associate Auditor at Northern Trust in Chicago, IL

Responsibilities

• Major Duties :• Performs review of various departments by understanding the key risks and controls within the function being reviewed. Develops and executes test steps, documents results and evaluates results to assess the quality of the control and/or control environment
• • Responsible for staying current on regulatory rules and changes within the industry
• • Manages and performs special projects as assigned
• • Participates in meetings with business unit to discuss audit results
• • Communicates with partners at all levels, developing and presenting recommendations on operations and controls for the business unit
• • Utilizes understanding of various Corporate units to ensure operations, services, and systems have proper audit controls in place (i.e., design of the control environment)
• • Evaluates corporate management, business processes, business controls and operating practices during audits and consulting/monitoring engagements
• • Applies analytical skills to review information and determine potential control weaknesses
• • Develops a thorough understanding of the Northern Trust Audit Methodology and adheres to all applicable Department Standards
• • Completes and compiles a high quality summary of findings and recommendations for review in a concise and professional manner

Requirements

• Knowledge :• Knowledge of auditing in the financial services industry and basic accounting principles and related work experience
• • 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
• • Analytical and organizational skills are necessary to conduct audits
• • Report writing and workpaper documentation skills
• Experience :A College or University degree and/or entry level auditing experience in a financial institution is preferred.

Skills

Required

• Basic accounting principles
• Analytical skills
• Organizational skills
• Report writing skills
• Workpaper documentation skills

Preferred

• MBA

Benefits

• 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.