Audit Manager (Capital Markets) - Audit Services

Audit Manager (Capital Markets) - Audit Services

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

Role

The Audit Manager is a key position within the Capital Markets Audit Services Team responsible for project management and delivery of audit engagements across key capital markets businesses including Global Foreign Exchange, Securities Finance, Brokerage and Transitions Management.

Reporting to the Associate Director, the role will provide guidance to team and support the Associate Director to ensure the successful build out and management of the Capital Markets Audit Services Team. Responsibilities will include, but are not limited to, contributing to achieving trusted partner status with capital markets stakeholders, proactively risk managing by intervening early and offering insights to the business as well as challenging the business on sustainability.

In addition, the Audit Manager may also execute a broader role across the team in terms of executing enhanced continuous monitoring, developing/maintaining a standardised process/risk directory for their allocated business areas.

Key Responsibilities

Leadership

• Demonstrate strong working knowledge of Capital Markets activities (e.g., Foreign Exchange, Securities Finance, Brokerage and Transitions Management) and the related global regulatory environments (e.g. MiFID, CFTC)
• Establish and develop strong working relationships and open communication with key stakeholders in the Capital Markets business as well as Audit Management and audit staff
• Take action to learn and develop skills/knowledge proactively across various areas within the Capital Markets business, and assist with developing auditors staffed on audits including providing clarification and feedback on specific audit tasks and business activities
• Stay abreast and maintain knowledge of regulatory developments and industry trends, and assist with continuous monitoring and knowledge sharing efforts across the Audit Services department
• Attend key governance forums and committees relevant for capital markets. Maintain active involvement with executive and oversight committees, including as a member of such as deemed appropriate
• Ensure that Capital Markets Audit Team is appropriately integrated, aligned and operating effectively as part of the broader Audit Services Teams
• Set clear and measurable goals and objectives for the Audit Services teams and individuals
• Ensure that any apportionment of responsibilities within the team is effective and appropriate
• Encourage an environment of employee participation, teamwork and open communication
• Demonstrate behaviours that always reinforce the values and ethical standards of the Corporation

Operational

• Ensure that deliverables are issued accurately, completely and timely to stakeholders in accordance with the agreed service level agreements
• Review, recommend and implement standardised process improvements identified in day-to-day activities ensuring improvements are in line with best practice and corporate guidance
• Demonstrate a deep analytical approach by connecting the dots and identifying trends of activities across the business unit/corporate function
• During audit engagements, assign work to auditors, set priorities and monitor activity
• Ensure audit work including work paper documentation, findings and recommendations and the final report adheres to the Corporation's/Department's Policies and Standards
• Communicate and support a point of view to senior management/stakeholders for challenge and discussion
• Anticipate the needs or questions/concerns of the audience and communicate actively
• Actively listen to internal and external stakeholders and open to diverse ideas
• Attend to detail in preparation and execution of communications; providing guidance to staff in their preparation
• Lead status meetings and discussions of initial audit findings with stakeholders
• Finalize draft issues and draft audit report
• Taking action to learn and develop skills/knowledge proactively, and managing others to develop
• Conduct and/or manage special projects and ad hoc requests to support Northern Trust senior management

Skills / Experience

The successful candidate will benefit from having:

• Proven assurance experience gained within internal audit, external audit, monitoring or testing functions in a financial institution or consulting environment, in conjunction with relevant experience in capital markets activities
• Professional certifications (e.g., CFA, FRM, PRM, CPA, CISA, CIA, ACA, ACCA) are preferable but not mandatory
• Proven ability to work independently, engage with senior stakeholders, and work in a team environment
• Proficiency in Microsoft Office applications
• Experience with audit workpaper applications such as Teammate is advantageous
• Ability to adapt and react positively in a changing and dynamic work environment
• Ability to work and deliver to tight deadlines
• Experience in identifying opportunities to utilize data analytics methodologies

Please note that this role may require the successful candidate to travel to other NT locations as required.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.

We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

• A competitive salary, and benefits to support your mental, physical, financial, and social wellbeing