Outsourcing Oversight Officer (Auditor)

Outsourcing Oversight Officer (Auditor)

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Role/Department:

The Outsourcing Oversight Officer (Auditor) monitors the relationship between the Internal Audit Function in the Luxembourg based bank and the Audit Services Department in the wider Group. In this role, you will operationalize the respective service level description and you will participate in audit engagements to provide outsourcing related expertise.

The key responsibilities of the role include:

• Calculate key performance indicators for outsourcing oversight
• Draft the quarterly outsourcing oversight report
• Draft reports to the bank’s governance fora
• Advise on outsourcing related questions
• Provide outsourcing related expertise and advise in audit engagements 
• Perform audit testing of design and operating effectiveness
• Coordinate with other audit teams (business unit, regional, and specialist) to ensure that the regulatory outsourcing requirements for internal audit activities are complied with 

Skills/Qualifications:

The successful candidate will benefit from having:

• Previous audit experience within financial services
• Knowledge of outsourcing related CSSF requirements, in particular CSSF 22\806, as amended
• Strong command of MS Excel and VBA is a must
• Good communication skills

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities.

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

About Our Luxembourg Office

In 2024, the Northern Trust Luxembourg office celebrated their 20th anniversary, an important chapter in their history. Having opened in 2004 to support one client, they have since grown their client base substantially and increased their headcount significantly, which now stands at over 400.

From modern fully equipped meeting rooms to a vast canteen with a view over a vegetable garden, maintained by our team all year round, and a rooftop where beehives have been installed, this space is truly a source of pride for our team.