At a Glance
- Tasks: Lead audit teams and oversee risk management activities for a transformative programme.
- Company: Join Northern Trust, a leader in risk management and audit services.
- Benefits: Competitive salary, health benefits, and opportunities for professional growth.
- Other info: Dynamic work environment with a commitment to diversity and inclusion.
- Why this job: Make a real impact by enhancing controls and driving responsible growth.
- Qualifications: Strong knowledge of risk management and excellent communication skills required.
The predicted salary is between 70000 - 90000 £ per year.
Role / Department
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 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 risk 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
- Enterprise Risk Management (ERM), Operational Risk Management (ORM) and Compliance regulation advanced 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.
Work Authorization
Applicants must have the right to work in the United Kingdom at the time of application and for the duration of employment.
Please note that Northern Trust is unable to provide visa sponsorship for this role. This includes Skilled Worker visas, Global Business Mobility routes, Graduate visas, Youth Mobility Scheme, High Potential Individual visas, Scale-up Worker visas, Temporary Worker visas, and other employer-sponsored visa categories.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.
Associate Director, Audit - Risk & Control Enhancement (RCE) employer: Northern Trust
Northern Trust is an exceptional employer, offering a dynamic work environment in Greater London that fosters professional growth and development. With a strong emphasis on employee well-being, we provide comprehensive benefits and a collaborative culture that values innovation and excellence in service delivery. Join us to be part of a team that prioritises meaningful client relationships and supports your career aspirations in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Director, Audit - Risk & Control Enhancement (RCE)
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Northern Trust looking for candidates who are engaged and informed.
We think you need these skills to ace Associate Director, Audit - Risk & Control Enhancement (RCE)
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Northern Trust. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Northern Trust
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Northern Trust’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
