Auditor - AML and Financial Crimes

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Role Summary:

The Auditor is responsible for conducting and documenting routine audit examinations throughout Northern Trust Corporation. The role is a direct reportto an Audit Team Lead or Audit Manager, and is responsible for completing the audit in accordance with stated budget, timeframes, and DepartmentPolicies and Standards. The Auditor provides input to improve operational efficiency and/or to enhance the design or operating effectiveness of the internalcontrol environment. The role also provides technical and auditing expertise, training, and coaching, to auditors during the audit engagement.

Major Duties :

• Functions in various roles on audit engagements, including leading audits, staffing audits and providing consulting or oversight functions based on the needs of the team
• Responsible for staying current on regulatory rules and changes within the industry
• Manages and performs special projects as assigned
• Participates in meetings with business unit to discuss audit results
• Communicates with partners at all levels, developing and presenting recommendations on operations and controls for the business unit
• 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)
• Evaluates corporate management, business processes, business controls and operating practices during audits and consulting/monitoring engagements
• Applies analytical skills to review information and determine potential control weaknesses
• Develops a thorough understanding of the Northern Trust Audit Methodology and adheres to all applicable Department Standards
• Completes and compiles a high-quality summary of findings and recommendations for review in a concise and professional manner

Key Responsibilities:

• Plan, execute, and report on audits of the Northern Trust AML/Financial Crimes program in accordance with the annual audit plan.
• Evaluate the design and operating effectiveness of AML related controls including:

KYC – CDD/EDD

Transaction Monitoring

AML Risk Assessment

Training and governance

Sanctions and PEP screening

Knowledge:

• Knowledge of auditing in the financial services industry and basic accounting principles and related work experience
• Professional certifications (e.g., CPA, CISA, CIA, ACA, ACCA) and/or an MBA along with demonstrated technical abilities in select areas (e.g., accounting, regulatory compliance, etc.) are preferred
• Analytical and organizational skills are necessary to conduct audits
• Strong report writing and workpaper documentation skills

Experience:

• A College or University degree and 2+ years auditing and/or systems experience in a financial institution or similar public accounting experience in the financial services industry is preferred.

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

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.

About Our Manila Office

The Northern Trust Manila office celebrated a decade of excellence in 2024. Through agility, resiliency, innovation, and excellence, they have evolved into a dynamic hub with diverse capabilities and a thriving workforce of over 1,200 - driving meaningful impact and sustainable growth. Learn more.