The Audit Manager is responsible for conducting and documenting audits across Asset and Wealth Management. 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 Senior Audit Managers to confirm the scope of the audit and to devise an appropriate testing approach to be performed during the engagement.
MAJOR DUTIES
- Operate independently
- Design and lead audit execution - one or two audits simultaneously
- Verify test steps aligned with controls
- Work on more complex audits
- Contribute on other engagements outside lead role
- Mentor/Coach junior staff
Planning:
- Propose audit scope
- Lead (AIC) more complex audit projects
- Develop testing approach, RCTM, and RCM
- Complete planning documents
- Complete all sections of PQ
- Hold budget meetings
- Delegate tests
- Lead walkthroughs, planning meetings
Fieldwork:
- Responsible for ensuring audit engagement is meeting deadlines
- Complete highest complexity testing;
- Lead discussions with stakeholders on testing findings
- Perform L1 reviews on low to moderate complexity tests
- Challenge issues, propose root cause
Reporting:
- Draft issues
- Draft report (including executive summary)
Data Analytics:
- Identify more complex DA opportunities and assist in implementation
Issue Validation:
- Performs testing
- Draft failure memo
KNOWLEDGE/SKILLS
- Demonstrates professional skepticism and comfort with questioning how certain processes are being performed in order to facilitate making improvements.
- Knowledge of audit/ accounting principles usually obtained through related work experience and a four year degree program in related subject area
- Strong analytical, organizational, and communication skills - including effective business writing and presentation skills.
- Have a professional certification (e.g. CPA, CISA, CIA, ACA, ACCA)
EXPERIENCE
- A College or University degree and 5+ years related work experience (auditing experience in a financial institution is preferred).
Working Model: Hybrid (#LI-Hybrid)
We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)
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.
