Audit Specialist – Enterprise Risk Management (ERM)

About the role

The Audit Specialist – Enterprise Risk Management (ERM) will provide independent assurance on how Northern Trust manages risk, strengthens controls, and supports responsible growth. You will work closely with audit teams, business leaders, and senior stakeholders to translate complex enterprise risk topics into practical audit insights.

Key responsibilities

• Lead audit validation work focused on enterprise 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.
• Analyse risk and control information to identify issues, insights, and practical improvements.
• Prepare clear reporting for senior leaders on audit observations and control effectiveness.
• Advise on testing approaches, issue development, and audit reporting quality.
• Coordinate with business and risk stakeholders to understand change activity and emerging risks.
• Support team capability through knowledge sharing, coaching, and participation in relevant forums.

Required profile

• Extensive enterprise risk management experience, including knowledge of risk and control self‑assessment and third‑party risk practices.
• Proven experience applying audit, risk, or control principles within financial services or a similarly regulated environment.
• In‑depth understanding of relevant regulatory expectations and how they inform audit coverage and control evaluation.
• Strong analytical, organisational, and problem‑solving skills, with the ability to interpret complex information and develop practical recommendations.
• Excellent written and verbal communication skills, with the ability to present risk and control insights clearly to senior stakeholders.
• Relevant professional certification or advanced qualification, such as accounting, audit, information systems, risk, or business administration credentials.

Required skills