Audit Specialist - Risk and Control Enhancement

Northern Trust
Chicago
Workplace: HybridFull timeUSD 114,700 - 194,900 annuallyFunction: Finance & AccountingExperience: 10+ yearsEducation: certificationSkills: ["Analytical","Organizational","Problem-solving","Communication","Stakeholder management"]

Lead operational risk and control validation work tied to the Risk and Control Enhancement transformation program. Partner with audit teams to plan, challenge, and deliver high-quality audit coverage, interpreting regulatory expectations and risk themes to assess control design and effectiveness. Analyze risk/control data to surface issues and practical improvements, advise on testing and reporting quality, and prepare clear senior-leader reporting.

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FursaFursa
Northern Trust
Northern Trust
1 month ago

Audit Specialist - Risk and Control Enhancement

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Source: Company careers pageValidated by: Fursa AI
Last checked: 18 hours agoStatus: Live

Job Summary

Lead operational risk and control validation work tied to the Risk and Control Enhancement transformation program. Partner with audit teams to plan, challenge, and deliver high-quality audit coverage, interpreting regulatory expectations and risk themes to assess control design and effectiveness. Analyze risk/control data to surface issues and practical improvements, advise on testing and reporting quality, and prepare clear senior-leader reporting.
Location: Chicago
Workplace: Hybrid
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Mid level

Key Responsibilities

  • •Lead audit validation work focused on operational risk and control transformation.
  • •Partner with audit teams to plan, challenge, and deliver high-quality audit coverage.
  • •Interpret regulatory expectations, risk themes, and industry practices to guide control assessment.
  • •Analyze risk and control information to identify issues, insights, and practical improvements.
  • •Prepare clear reporting for senior leaders on audit observations and control effectiveness.

Pay and Benefits

Salary: USD 114,700 - 194,900 annually
Perks:401kPensionHealth InsuranceDentalVisionPaid LeaveParental LeaveLife InsuranceDisabilitySpending Accounts

Key Requirements

  • •10+ years of operational risk management experience, including risk and control self-assessment and third-party risk practices.
  • •Proven ability to apply audit, risk, or control principles in financial services or a similarly regulated environment.
  • •In-depth understanding of regulatory expectations and how they inform audit coverage and control evaluation.
  • •Strong analytical, organizational, and problem-solving skills to interpret complex information and develop practical recommendations.
  • •Relevant professional certification or advanced qualification (e.g., accounting, audit, information systems, risk, or business administration credentials).
Experience:10+ yearsFinancial servicesOperational risk managementRisk and controlsThird-party risk
Education:Certification / Diploma
Skills:AnalyticalOrganizationalProblem-solvingCommunicationStakeholder management

Eligibility

Visa:H-1BL-1TNO-1E-3H-1B1F-1J-1OPTCPT
Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Northern Trust
Global financial services firm providing wealth management, asset servicing, asset management, and banking solutions to institutions, corporations, and affluent individuals, with a focus on custody, investment management, and technology-driven services.
Industry: Asset Management
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Chicago, United States
Founded: 1889
Glassdoor
Glassdoor: 3.9
WebsiteLinkedIn