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
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.