Associate Audit Director - Risk and Control Enhancement

About the role

The Associate Director will bring strong leadership to help oversee the audit team's planning and execution of the Northern Trust’s Risk and Control Enhancement transformation program, the performance management process, and recruiting and retaining staff for the audit team. The successful candidate will lead audit teams, work with business leaders, and senior stakeholders to interpret risk themes, challenge control design and effectiveness, and translate complex risks topics into practical audit insights.

Key Responsibilities

• Oversee and lead the audit validation activities as part of the Northern Trust’s Risk and Control Enhancement transformation program.
• Oversee and manage all audit activities within assigned areas of responsibility.
• Establish an effective risk-based audit program.
• When allocated Auditable Entities, complete risk assessments, propose changes to the audit universe and propose audit plan, including coverage and timing.
• Develop and maintain continuous monitoring activities to keep abreast of changes in the business units and corporate functions and to continue partnering with the key stakeholders.

Skills / Qualifications

• 12+ years of Enterprise Risk Management (ERM), Operational Risk Management (ORM) experience and advanced compliance regulation knowledge.
• Strong interpersonal, analytical, organizational, and communication skills - including effective business writing and presentations.
• Demonstrates strong knowledge of regulatory rules and industry changes.
• Experience of transformation programs and of auditing Enterprise, Operational and Compliance Risk Management activities.

Working Model

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.

Skills / Qualifications

• Reasonable Accommodation

Benefits

Salary Range: $114,700 - 194,900 USD
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.

Philanthropy

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.