Audit Services is offering an exceptional opportunity for you to showcase and expand your knowledge in Credit Risk Management within the Finance and Chief Administrative Office (CAO) team, which is responsible for audit coverage across Finance, Treasury, Credit Risk, and CAO activities. You will join a global team of experts whose common goal is to provide independent and objective assurance and consulting activities that assess risks and protect the assets, reputation, and sustainability of Northern Trust.
We are seeking an eager partner to help enhance our audit strategy and grow our credit risk audit coverage by assessing key controls supporting credit risk management activities across both traditional banking and Treasury & Markets businesses, inclusive of counterparty credit stress testing, netting arrangements, credit limit monitoring, origination and underwriting, Current Expected Credit Losses (CECL) calculations, and Single Counterparty Credit Limits (SCCL) and Risk Weighted Assets (RWA) interpretations and calculations. As a subject matter expert, you will be expected to work directly with senior leaders and external regulators to build trust and assurance. In addition, you will liaise with other teams in the Audit Services Department and help strengthen the department’s skills through knowledge sharing discussions and internal training, as needed.
Through collaboration with other team members, you will assist in the end-to-end execution of audit engagements and gain exposure to senior management across Northern Trust. Success is measured through the quality of the documentation, integrity of the assessment, timeliness of deliveries, and your ability to foster relationships both internally in the Audit Services department and with key stakeholders. Experience in data manipulation, transformation, and reconciliation is essential.