Internal Audit Manager - AML / Financial Crime

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/Department

Audit Services is offering an exceptional opportunity for you to showcase and further expand your knowledge in AML and Financial Crime, with a focus on customer due diligence, sanctions, governance and transaction monitoring.  The role is based in London with hybrid working arrangements on offer.  You will have the opportunity to work with audit partners in Ireland, London, Chicago, Boston and Manila, gain deep insights to Northern Trust’s global business, as well as exposure to senior management, including the ‘Management Group’. 

The Audit Manager is a key position within the AML and Financial Crime Audit Services Team responsible for project management and end-to-end delivery of audit engagements.  Success is measured by the comprehensiveness of the workpapers, quality of the audit reports, timeliness of the deliveries, mentoring of junior staff, contributing to team process enhancements, and your ability to foster relationships both internally in the audit department and with key stakeholders.  In addition, the Audit Manager may also execute a broader role across the team in terms of executing enhanced continuous monitoring for their allocated areas. 

Key responsibilities of the role include:

• Leads audit project teams, including taking ownership and being accountable in meeting stated audit project objectives and timeframes, adhering to Audit Department Policies and Standards  
• Acquires and maintains strong working knowledge of the business risks, controls, and processes, relevant laws, regulatory rules, and knowledge of systems dependencies within areas under review  
• Accurately designs and executes the testing approach and ensures work paper documentation is clear, concise, supports the reviews performed, and adequately supports decisions and conclusions made during the project  
• Continuously identifies efficiency opportunities such as through use of Data Analytics and works collaboratively with team members globally
• Adopts a proactive manner in communication of the audit status, including leading discussions with stakeholders and Audit Services management where issues/risks have been identified   
• Compiles findings and recommendations and ensures they adequately support status updates, memos, and audit reports  
• Builds and maintains strong relationships across the Audit Department and business stakeholders alike through provision of in-depth insight and leadership  

Skills / Experience

The successful candidate should have:

• Proven assurance experience gained within internal audit, external audit, monitoring, or testing functions in a financial institution or consulting environment is mandatory
• Experience in AML, economic sanctions, or external/internal fraud is in AML preferred
• Formal AML, economic sanctions, or fraud education and/or certifications (e.g., ACAMS, CFE, etc.) are preferred
• Proven experience and ability to work independently and lead audit projects end to end and multi task across projects, engage with senior stakeholders, and work in a team environment
• Experience with audit workpaper applications such as Teammate is advantageous
• Ability to adapt and react positively in a changing and dynamic work environment
• Ability to work and deliver to tight deadlines
• Experience in identifying opportunities to utilise data analytics methodologies 

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.

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 [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.