Investment Products and Operations Audit Specialist

Summary:

Incumbent conducts audits and project work of low to moderate complexity within Retail Investments audit practice. Supports multiple audits/projects concurrently. Executes audits related to a variety of business activities, processes and operations, performs a broad and comprehensive analysis to identify business risks, and develops audit programs to evaluate internal controls related to financial risks, operational activities, and compliance requirements. Presents audit and project recommendations, discusses their implications and builds consensus with management. Provides business and audit related technical expertise and consulting support to business clients regarding internal controls in core area.

Primary Duties & Responsibilities:

• Primarily conducts audits and project work within Retail Investments practice focusing on investment advisor, broker-dealer, trust bank, and related compliance/supervision activities.
• Acts as team member on assigned audits, working under the direction of a lead auditor.
• Assesses the efficiency and effectiveness of management's controls to manage risk.
• Communicates effectively with business to identify control improvements and advise management in crafting effective controls or changes to business processes.
• Utilizes data analytics (ACL, Excel, Power BI, etc.) to perform audit testing and to evaluate, validate, and profile data.
• Prepares clear, logical workpapers and drafts language for control improvements identified.
• Utilizes time optimally to support multiple audits or projects concurrently.
• Demonstrates or develops an appropriate level of organizational, regulatory, and business knowledge.
• Establishes and maintains strong, collaborative relationships within the department and with our business contacts.
• Contributes to continuous improvement efforts in the department.

Knowledge, Skills, & Abilities:

• Undergraduate degree (accounting, economics, business, or other relevant)
• Three or more years experience in audit, investment, data analysis, or related business operations.
• Demonstrated analytical and problem solving skills.
• Basic skills in data analysis to identify data analytic opportunities and to acquire, load, validate, and analyze data.
• Demonstrated interpersonal, oral and written communication skills.
• Familiarity with project/time management and working in a team environment.
• Proven ability to take care of ambiguity and respond to changing business needs.
• Ability to build rapport and understand internal businesses clients.
• Knowledge of industry and regulatory practices within the insurance area preferred.
• CPA, CIA, CIDA, CFE preferred or willingness to acquire.

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Compensation Range:

Pay Range - End:

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Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.

We're excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and our commitment to a culture of belonging.

• Flexible work schedules
• Concierge service
• Comprehensive benefits
• Employee resource groups