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 retention of 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.
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.
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.
Skills
- Strong leadership and management skills.
- Ability to interpret risk themes and challenge control design and effectiveness.
- Effective communication and presentation skills.
- Advanced knowledge of regulatory rules and industry changes.
- Experience in managing and leading audit teams.
- Experience in transforming risk management processes.
Benefits
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.
Pay
$114,700 - 194,900 USD
Schedule
Hybrid