Associate Director

Associate Director

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.

Summary/Job Description

The Associate Director, Audit Services is responsible for managing an audit function covering Northern Trust's Asset Servicing and Enterprise Chief Operating Office (ECOO) activities. Reporting to the Audit Services Director, the role oversees audit planning and execution, continuous monitoring, stakeholder engagement, and the development of audit staff. The position will play a key leadership role in the continued growth of the Bangalore Audit Services team while providing independent assurance over custody, fund administration, securities operations, client servicing, and related operational functions. The role requires regular interaction with senior management, leveraging industry expertise to evaluate risks, influence stakeholders, and ensure resources are aligned to areas of highest risk.

 

MAJOR DUTIES

• Manage multiple audit engagements across Asset Servicing and ECOO functions, ensuring delivery to quality standards and departmental timelines
• Review and challenge audit scope, risk assessments, testing strategies, audit conclusions, and reports
• Support audit planning activities, including risk assessments, continuous monitoring, and identification of emerging risks
• Serve as a trusted advisor to business and operational leaders and lead discussions regarding complex audit observations and control themes
• Build and maintain strong relationships with senior stakeholders across global Asset Servicing and Operations functions
• Lead, coach, and develop Audit Managers and audit staff while supporting recruitment and capability building within the Bangalore team
• Contribute to the continued development of the Bangalore Audit Services hub and broader departmental initiatives
• Promote the use of data analytics, automation, and innovative audit techniques to enhance audit effectiveness
• Participate in regulatory, governance, and strategic initiatives impacting Asset Servicing and Operations
• undefined

KNOWLEDGE/SKILLS

• Strong knowledge of Asset Servicing operating models, including Asset Servicing, Custody, Fund Administration, Investment Operations, Securities Operations, or related banking operations.
• Understanding of risk management, governance, internal controls, and risk-based audit methodologies within financial services.
• Strong analytical, communication, stakeholder management, and leadership skills.
• Ability to evaluate emerging operational and regulatory risks within complex global organizations.
• Professional qualification such as CIA, CPA, CA, ACCA, CFA, CISA, FRM, or equivalent preferred.
• Experience with operational resilience, data analytics, and technology-enabled auditing is advantageous.

EXPERIENCE

• Significant experience in Internal Audit, Risk Management, Compliance, Operational Risk, or related assurance functions within financial services
• Strong experience within Asset Servicing, Custody, Fund Administration, Investment Operations, Securities Operations, or related banking operations.
• Experience leading complex audits, managing multiple concurrent engagements, and interacting with senior management.
• Proven ability to lead and develop teams, build stakeholder relationships, and influence outcomes through constructive challenge.
• Experience operating within large global organizations and complex regulatory environments.
• Demonstrated strategic thinking, strong risk and controls acumen, and the ability to contribute to the growth and development of an audit function undefined.

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 Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees.  In this stunning office space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.

Experience Level

Mid Level