Senior Audit Manager - Business Audit

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Role Overview:

The Asset Servicing International (ASI) Team within Audit Services is responsible for providing assurance focused on Northern Trust’s core banking and asset servicing operations, in addition to evaluating and advising on implementation of new and emerging Technology and Data Analytics.  With this focus, team members have the unique opportunity to develop views towards 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 challenge the status quo, seek emerging trends and develop an insightful point-of-view, and hold themselves accountable in a flexible and delivery driven culture.

The Senior Audit Manager is responsible for providing critical oversight to audit projects across ASI, including providing oversight to the audit team and communicating results of the engagement to senior management.  The Senior Audit Manager provides technical expertise and training to auditors within the engagement audit team and works closely with Audit Directors to lead asset servicing portfolios, build strong stakeholder relationships and take ownership of audit engagements.   

Major Duties:

• Oversees two or more audit engagements 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
• Handle risk assessments by critically assessing emerging risks
• Provide insights in building the Audit Plan evolution
• Showcase expertise in handling stakeholder relationships
• 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 2 or more staff
• Works closely with the Audit Director to manage the asset servicing portfolio and provide insights to leadership around holistic assurance for the portfolio
• 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, including drafting issues and validating business action plans
• 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

The successful candidate will benefit from having:

• For internal applications - 24 months as People Manager or at a Consultant level or proven work experience for 24 months leading teams or leading audits
• 12 to 15 years’ experience in internal audit in the financial services industry is preferred but not mandatory
• Comprehensive knowledge of internal audit lifecycle, risk assessments, audit plan build, attending risk committees
• Proficiency in Microsoft Office applications; experience with audit work paper 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
• Must be flexible and adaptive to change

Experience Required:

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

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.

About Our Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees.  In this stunning office space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.