Associate Audit Director - Risk and Control Enhancement

Northern Trust • Chicago, IL

15h • Hybrid

About The Position

Audit Services provides independent assurance over how Northern Trust manages risk, strengthens controls, and supports responsible growth. The Associate Director will bring strong leadership to help overseeing 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.

Requirements

• 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

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.

Benefits

• 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
• other voluntary and well-being benefits
• discretionary bonus program that may include an equity component

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed