Northern Trust
Overview
Auditor - AML and Financial Crimes role at Northern Trust. The Auditor conducts and documents routine audit examinations, reports to an Audit Team Lead or Audit Manager, and completes audits in accordance with budget, timeframes, and Department Policies and Standards. The Auditor provides input to improve operational efficiency and/or enhance the design or operating effectiveness of the internal control environment, and may train and coach auditors during the engagement.
Major Duties
Functions in various roles on audit engagements, including leading audits, staffing audits, and providing consulting or oversight functions based on team needs.
Stays current on regulatory rules and changes within the industry.
Manages and performs special projects as assigned.
Participates in meetings with business units to discuss audit results.
Communicates with partners at all levels, developing and presenting recommendations on operations and controls for the business unit.
Uses understanding of 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 applicable Department Standards.
Completes and compiles a high-quality summary of findings and recommendations in a concise and professional manner.
Key Responsibilities
Plan, execute, and report on audits of the Northern Trust AML/Financial Crimes program in accordance with the annual audit plan.
Evaluate the design and operating effectiveness of AML-related controls including:
KYC – CDD/EDD
Transaction Monitoring
AML Risk Assessment
Training and governance
Sanctions and PEP screening
Knowledge
Knowledge of auditing in the financial services industry and basic accounting principles and related work experience.
Professional certifications (e.g., CAMS, CFE, CPA, CISA, CIA, ACA, ACCA) and/or an MBA are preferred, with demonstrated technical abilities in select areas (e.g., accounting, regulatory compliance).
Analytical and organizational skills to conduct audits.
Strong report writing and workpaper documentation skills.
Experience A college or university degree and 2+ years of auditing and/or systems experience in a financial institution or equivalent public accounting experience in the financial services industry is preferred.
Salary Range $61,500 - 98,300 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits, health and welfare benefits, paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. A discretionary bonus program may include an equity component.
Working With Us As a Northern Trust partner, you will be part of a flexible and collaborative work culture in an organization where financial strength and stability support exploration of new ideas. Movement within the organization is encouraged, senior leaders are accessible, and the company is committed to serving communities. We invite you to build your career with us.
Reasonable accommodation Northern Trust is committed to 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.
Seniority level
Entry level
Employment type
Full-time
Job function
Accounting/Auditing and Finance
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Major Duties
Functions in various roles on audit engagements, including leading audits, staffing audits, and providing consulting or oversight functions based on team needs.
Stays current on regulatory rules and changes within the industry.
Manages and performs special projects as assigned.
Participates in meetings with business units to discuss audit results.
Communicates with partners at all levels, developing and presenting recommendations on operations and controls for the business unit.
Uses understanding of 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 applicable Department Standards.
Completes and compiles a high-quality summary of findings and recommendations in a concise and professional manner.
Key Responsibilities
Plan, execute, and report on audits of the Northern Trust AML/Financial Crimes program in accordance with the annual audit plan.
Evaluate the design and operating effectiveness of AML-related controls including:
KYC – CDD/EDD
Transaction Monitoring
AML Risk Assessment
Training and governance
Sanctions and PEP screening
Knowledge
Knowledge of auditing in the financial services industry and basic accounting principles and related work experience.
Professional certifications (e.g., CAMS, CFE, CPA, CISA, CIA, ACA, ACCA) and/or an MBA are preferred, with demonstrated technical abilities in select areas (e.g., accounting, regulatory compliance).
Analytical and organizational skills to conduct audits.
Strong report writing and workpaper documentation skills.
Experience A college or university degree and 2+ years of auditing and/or systems experience in a financial institution or equivalent public accounting experience in the financial services industry is preferred.
Salary Range $61,500 - 98,300 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits, health and welfare benefits, paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. A discretionary bonus program may include an equity component.
Working With Us As a Northern Trust partner, you will be part of a flexible and collaborative work culture in an organization where financial strength and stability support exploration of new ideas. Movement within the organization is encouraged, senior leaders are accessible, and the company is committed to serving communities. We invite you to build your career with us.
Reasonable accommodation Northern Trust is committed to 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.
Seniority level
Entry level
Employment type
Full-time
Job function
Accounting/Auditing and Finance
#J-18808-Ljbffr