At a Glance
- Tasks: Lead audits and provide strategic insights in the financial services sector.
- Company: Join Northern Trust, a Fortune 500 company with over 130 years of experience.
- Benefits: Flexible work culture, career growth opportunities, and commitment to community service.
- Why this job: Make a real impact in a respected financial institution while developing your skills.
- Qualifications: Strong communication, leadership skills, and knowledge of auditing principles required.
- Other info: Collaborative environment with accessible senior leaders and a focus on innovation.
The predicted salary is between 36000 - 60000 £ per year.
About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity.
Role/Department: The Specialist has a strong technical understanding of products, services or regulations in the financial services industry. In addition, the Specialist will be required to participate in audit engagements, which will include planning; reviewing and challenging the project’s scope; reviewing and providing guidance to the audit teams on testing and drafting and reviewing audit reports and board materials to ensure actionable information is provided to senior management and boards that highlights the risks in the Specialists area(s) of expertise, and to ensure reports meet audit requirements and departmental standards. The role is a direct report to the Audit Director and is responsible for assisting in the recruiting, retention and development process for the audit team. A key focus is to develop the understanding and knowledge of the audit teams. Provides input to improve operational efficiency and/or to enhance the design or operating effectiveness of Northern Trust’s internal control environment.
Key responsibilities of the role include:
- Providing strategic thought leadership in designing an audit coverage strategy over all aspects the Specialists area(s) of expertise
- Draft board reporting, both at the legal entity and corporate levels
- Interact with global regulators to articulate Audit’s view, and ongoing coverage and assessment of business processes and activities
- Functions in various roles on audit engagements, including subject matter expert or providing consulting or oversight functions based on the needs of the team
- Monitor regulatory updates and provide team with guidance on impact of changes in regulatory environment and how to adjust audit plan and coverage to support.
- Interacts, partners and presents to Senior and Executive Management to understand the risks within the business, business changes and other significant events that could significantly affect the business and/or the audit plan
- Participates in meetings with business units, Senior, and Executive Management to discuss audit results
- Utilizes understanding of various Corporate units to ensure operations, services, and systems have proper audit controls in place (i.e., design of the control environment)
- Develops the audit teams technical understanding
- Drive and support change in the Audit Services team in line with the vision and strategy.
Skills/Qualifications:
- Excellent verbal and written communication skills
- Previous internal audit management experience is preferred
- Strong report writing
- Leadership and organizational skills are required to determine the Business Unit's goals, resources needed, and to assess and develop the skills of staff.
- Knowledge of auditing in the financial services industry and basic accounting principles and related work experience
- Thorough understanding of project management principles in relation to people, systems and processes, to provide value quickly and enable change
- Interest and aptitude for identifying problems of varying complexity and developing sound and actionable solutions within given constraints
- Analytical and organizational skills are necessary to conduct audits
- Professional certifications (e.g., CPA, CISA, CIA, ACA, ACCA) are beneficial
Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose. We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today.
Reasonable accommodation: Northern Trust is committed to working with and 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. We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater.
Audit Services Specialist - Technology in London employer: Northern Trust Corp
Contact Detail:
Northern Trust Corp Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Audit Services Specialist - Technology in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services industry, especially those who work at Northern Trust. A friendly chat can open doors and give you insider info about the company culture and the role.
✨Tip Number 2
Prepare for the interview by brushing up on your technical knowledge. Make sure you can discuss audit processes and regulations confidently. We want to see that you can think critically and provide actionable insights!
✨Tip Number 3
Showcase your leadership skills during the interview. Talk about times you've led teams or projects, especially in audit settings. We love candidates who can inspire and develop others while driving operational efficiency.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Northern Trust.
We think you need these skills to ace Audit Services Specialist - Technology in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Audit Services Specialist role. Highlight your relevant experience in audit management and financial services, and don’t forget to showcase your strong report writing skills!
Showcase Your Communication Skills: Since excellent verbal and written communication is key for this role, use clear and concise language in your application. Give examples of how you've effectively communicated complex information in past roles.
Demonstrate Your Leadership Qualities: We’re looking for someone with leadership and organisational skills. Share experiences where you’ve led a team or project, and how you’ve developed others’ skills in the process.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Northern Trust Corp
✨Know Your Audit Stuff
Make sure you brush up on your knowledge of auditing principles, especially in the financial services sector. Familiarise yourself with key regulations and how they impact audit processes. This will show that you're not just a candidate, but someone who understands the industry inside out.
✨Showcase Your Communication Skills
Since this role involves interacting with senior management and presenting audit findings, practice articulating complex information clearly and concisely. Prepare examples of how you've effectively communicated audit results or recommendations in the past.
✨Demonstrate Leadership Qualities
Think about times when you've led a team or project. Be ready to discuss your leadership style and how you've developed others' skills. Northern Trust values collaboration, so highlight your ability to work well with diverse teams.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific audit challenges or changes in regulations. Use the STAR method (Situation, Task, Action, Result) to structure your answers, showcasing your problem-solving skills and adaptability.