The Senior Manager role is a key senior position within the global Audit
Services organization, responsible for providing strategic direction and
oversight of the Wealth Management (WM) audit team, whose primary focus is to
independently assess the control environment supporting the personal
investment, banking, and trust and advisory functions at Northern Trust. This
role will lead a team of auditors primarily based in Chicago and APAC and will
work closely with the Asset Management audit team to facilitate audit plan
coordination and resourcing needs.
The successful candidate will interact and build relationships with senior
leaders in Northern Trust’s WM business as it supports partners in Compliance,
Legal and control functions. The role will also have exposure to the various
Audit Committees overseeing the trust business.
In addition, the successful candidate will be responsible for drafting the
annual WM audit plan and approach for coverage as well as overseeing the
execution of the audit plan including, but not limited to, ensuring work paper
quality, thoroughness, accuracy, and timeliness. The Senior Manager may also
recommend or develop operational efficiencies and/or produce and deliver
presentations as part of ongoing department initiatives.
PRINCIPAL RESPONSIBILITIES
Leadership and Management
Provide
strategic thinking, thought leadership, and guidance on identifying key
risks and assessing the design and operating effectiveness of the controls
supporting the WM businessDemonstrate
strong initiative, project management and interpersonal skills, sound
decision-making, intuitive thinking, political awareness, and sensitivity
to cultural diversityPlan,
oversee, and direct the activities of the WM audit team to achieve the
Corporation’s objectives, and for timely reporting on Audit Services
matters to management and appropriate governance bodiesLeverage a
strong peer network and tap the industry for knowledge and intelligence to
identify leading practicesOversee the
professional development and performance management processes, including
recruiting staff, developing talent, building an effective team, and
resource optimization and alignmentEstablish
strong working relationships and communications with key stakeholders
globallyProvide
comprehensive consulting and leadership to team members and partnersMaintain
active involvement with executive and oversight committees, including as a
member of such as deemed appropriate
Operational
Ensure all
deliverables are issued accurately, completely, and timely to stakeholdersLeverage
data analytics to drive complete coverage of risks and associated testingEnsure
timely delivery of comprehensive internal audit issue validationSynthesize
and communicate audit results, deliverables, and project status in clear,
succinct, and easy-to-understand terms Deliver a
risk-based audit plan that validates Northern Trust’s control environment
or identifies developmental opportunities related to Northern Trust
policies, global or local regulations, or industry best practicesEvolve the
Audit Plan by identifying new coverage areas and challenging scoping of
auditable entitiesDuring audit
engagements, assign work to auditors, set priorities and monitor and
review activityProduce
audit reports that are clear and concise Ensure audit
work including workpaper documentation, findings and recommendations, and
the final report adhere to Corporate/Department Policies and StandardsCommunicate
and support a point of view to senior management/stakeholders for
challenge and discussionMaintain
familiarization and technical expertise in WM industry as well as line of
business, including organizational structure, personnel, activities and
products, new product development, financial performance and risk and
problem areasDevelop,
manage and monitor audit plan budgets and assist in the management of
expenses for the team Assist in
preparation of presentations to the Board, Audit Committee and company
management
Required Skills
Bachelor’s
degree in a relevant discipline is required; advanced degree (e.g., MBA,
JD) preferredAuditing
experience in a financial institution or similar public accounting
experience with at least 15 years PQE is requiredProfessional
certifications (e.g., CPA, CFP, CTFA, CIA, CFIRS) are desiredExperience
in executing or auditing private banking, investment, and trust
activities
Required Competencies
Demonstrate
senior manager-level experience in designing and delivering high quality,
high value internal audit programs for large businesses or regulated
environments Excellent
written and oral communication, approachable style, and well-developed
negotiation and listening skillsStrong
understanding of the Wealth Management industry and fiduciary risk Ability to
adapt and react timely in a changing and dynamic work environment, with
tight deadlines and variable workloadsAble to lead
and motivate teams of varying skill and knowledge levelsStrong
critical thinking, analytic, leadership and organizational skills Experience
presenting at board levelAbility to
proactively assess issues, identify solutions and problem solveAbility to
develop relationships with diverse groups and various levels of personnelAbility to
work autonomously and make sound business judgments in resolving routine
and more complex issues
Please note that this role may require the successful candidate to travel to
other NT locations as required.
About Northern Trust:
Northern Trust provides innovative financial services and guidance to
corporations, institutions and affluent families and individuals globally. With
over 130 years of financial experience and nearly 20,000 partners, we serve the
world’s most sophisticated clients using leading technology and exceptional
service.
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 that is
committed to strengthening the communities we serve!
We recognize the value of inclusion and diversity in culture, in thought,
and in experience, which is why we are honored to receive the following awards
in 2021:
Gender
Equality Index Member, BloombergTop
Financial & Banking Company, Black EOE Journal, Hispanic Network
Magazine, Professional WOMAN'S Magazine
We’d love to learn more about how your
interests and experience could be a fit with one of America’s best banks and
most sustainable companies! Build your career with us and apply today.
For further information, and to apply,
please visit our website via the “Apply” button below.
