Northern Trust · 1 day ago
Auditor - AML and Financial Crimes
Chicago, IL
Full-time
Onsite
Entry, Mid Level
$62K/yr - $98K/yr
2+ years expNorthern Trust is a globally recognized financial institution providing innovative financial services. The Auditor is responsible for conducting and documenting audit examinations, improving operational efficiency, and providing technical expertise and training to auditors.
BankingFinanceFinancial ServicesWealth Management
Responsibilities
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
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
Qualification
Required
Conducting and documenting routine audit examinations throughout Northern Trust Corporation
Completing the audit in accordance with stated budget, timeframes, and Department Policies and Standards
Providing input to improve operational efficiency and/or to enhance the design or operating effectiveness of the internal control environment
Providing technical and auditing expertise, training, and coaching to auditors during the audit engagement
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
Staying current on regulatory rules and changes within the industry
Managing and performing special projects as assigned
Participating in meetings with business unit to discuss audit results
Communicating with partners at all levels, developing and presenting recommendations on operations and controls for the business unit
Utilizing understanding of various Corporate units to ensure operations, services, and systems have proper audit controls in place
Evaluating corporate management, business processes, business controls and operating practices during audits and consulting/monitoring engagements
Applying analytical skills to review information and determine potential control weaknesses
Developing a thorough understanding of the Northern Trust Audit Methodology and adhering to all applicable Department Standards
Completing and compiling a high-quality summary of findings and recommendations for review in a concise and professional manner
Planning, executing, and reporting on audits of the Northern Trust AML/Financial Crimes program in accordance with the annual audit plan
Evaluating 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 of auditing in the financial services industry and basic accounting principles and related work experience
Analytical and organizational skills are necessary to conduct audits
Strong report writing and workpaper documentation skills
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
Preferred
Professional certifications (e.g., CAMS, CFE, 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
Benefits
Retirement benefits (401k and pension)
Health and welfare benefits (medical, dental, vision, spending accounts and disability)
Paid time off
Parental and caregiver leave
Life & accident insurance
Other voluntary and well-being benefits
Discretionary bonus program that may include an equity component
Company
Northern Trust
Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and banking.
10001+ employees
H1B Sponsorship
Northern Trust has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (180)
2024 (203)
2023 (102)
2022 (74)
2021 (298)
2020 (83)
Funding
Current Stage
Public CompanyTotal Funding
$1.25B2025-11-20Post Ipo Debt· $1.25B
1978-01-13IPO
Leadership Team
Michael O'Grady
President, Chief Executive Officer & Director
Peter Cherecwich
Chief Operating Officer
Recent News
Business Wire
2025-12-18
2025-12-11
Company data provided by crunchbase