Audit Manager II - PPT/Audit Services Operations Manager

Location: Chicago, IL, United States
Position Overview: 
The Audit Services Professional Practices Team is an independent function within the Northern Trust internal audit department that is responsible for departmental training, quality assurance activities, reporting, and other administrative activities to support ongoing operations.  The Audit Services Operations Manager II role is a direct report to the Head of Professional Practices, and will primarily be responsible for overseeing and reviewing deliverables produced from the Audit Services Department; establishing and maintaining the metrics/reports used to manage Audit Services’ activities; overseeing and completing key activities such as annual audit planning and ongoing thematic risk/control assessment; and conducting other operationally important activities within Audit Services (e.g., data management). 
More specifically, this role will work with the existing Professional Practices Team and Audit Services’ management to develop and deliver the annual audit plan.  In addition, while internally focused on the Audit Services’ Department, the role will assist in measuring and monitoring execution across the Audit Plan, provide insight into training and developmental needs of the staff, and strengthen controls around Audit Services data to support complete and timely reporting.  Lastly, this role will work closely with the other members of the Professional Practices Team related to quality assurance, methodology, and training needs.
The key responsibilities of the role include:
  • Demonstrates and applies in depth financial services and internal audit knowledge through providing direct review and challenge of Audit Services core deliverables (e.g., audit reports, board/committee reports) 
  • Oversees the production of all Audit Services reports for corporate and 25+ affiliate boards/committees.  Ensures that reporting meets regulatory expectations and board members needs
  • Facilitates and oversees the audit planning process, by performing the following:
  • Challenge the Audit Services Leadership Team in their execution of the internal audit methodology to establish/maintain the audit universe, robustly and accurately complete risk assessments, and logically consider key risks to establish the Annual Audit Plan
  • Utilize financial services acumen and internal audit background to review supporting documentation and ensure development of the plan is reasonable
  • Oversee the performance of analysis that challenge and supports the budgeting of Audit Services resources 
  • Oversees the internal audit retrospective review process, challenging Audit Services management in its completion and accuracy of the assessment
  • Reviews and challenges the continuous monitoring documents produced quarterly by the various global audit teams
  • Monitors and tracks the completion of core audit activities owned by the Audit teams such as CASS, Privacy, etc. 
  • Provides thought-leadership in areas of focus to continuously improve and evolve existing programs
  • Ensures presentations, results, and/or reports are reviewed, appropriately positioned, and are ready for publication to senior management and/or the broader Audit Services Department
  • Maintains familiarization and technical expertise with the Institute of Internal Auditors, peer financial services institutions, global regulatory expectations, and relevant Northern Trust partners
  • Participates in meetings with the Audit Leadership Team to discuss various initiatives/results of areas of responsibility 
  • Communicates with partners at all levels in locations within the Audit Services Department
  • Conducts the performance management process for direct reports  
  • Manages and performs special projects as assigned

The successful candidate will benefit from having:
  • Professional certifications (e.g., CPA, CISA, CIA, ACA, ACCA) are preferable but not mandatory
  • Financial services and internal audit subject matter expertise 
  • A college or university degree
The competencies that would be valuable for this role include:
  • Strong analytical, leadership, and organizational skills
  • Able to work independently and be comfortable with virtual teams and managers
  • Strong report writing and workpaper documentation skills
  • Project management
  • Time management
  • Focused client relationships
  • Team player
Melissa Galloway
ProEnlist, LLC
720-358-4638 Direct
720-507-2417 SMS 

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