Audit Specialist – Client Assets Sourcebook (CASS)

Are you an experienced audit specialist with a strong understanding of Client Assets Sourcebook (CASS) regulations? Northern Trust is seeking a highly skilled individual to join our team as an Audit Specialist. In this role, you will play a crucial role in ensuring compliance with CASS regulations and safeguarding our clients' assets. We are looking for a detail-oriented and analytical professional who thrives in a fast-paced and dynamic environment. If you possess the necessary qualifications and a passion for auditing and risk management, we encourage you to apply for this exciting opportunity. Join our team and make a positive impact on our clients and our organization.

1. Conduct audits: Perform detailed and thorough audits of Northern Trust’s processes, procedures, and systems to ensure compliance with CASS regulations.
2. Stay up-to-date: Stay informed on any changes or updates to CASS regulations and ensure that Northern Trust remains compliant.
3. Identify risks: Identify potential risks and areas of non-compliance within Northern Trust’s operations and develop strategies to mitigate these risks.
4. Analyze data: Utilize analytical skills to interpret data and identify any discrepancies or irregularities in Northern Trust’s client assets.
5. Maintain records: Keep detailed and accurate records of all audits conducted and findings, and provide reports to senior management.
6. Collaborate with teams: Work closely with cross-functional teams to implement and monitor corrective action plans to address any identified risks or issues.
7. Train employees: Train employees on CASS regulations and best practices to maintain compliance and improve overall understanding within the organization.
8. Provide recommendations: Provide recommendations for improvements in processes and procedures to enhance compliance with CASS regulations.
9. Communicate with clients: Communicate with clients to address any concerns or questions related to CASS regulations and provide assurance of Northern Trust’s compliance.
10. Uphold ethical standards: Uphold ethical standards and integrity in all aspects of the job and adhere to all relevant laws and regulations.
11. Adhere to company policies: Follow all company policies and procedures related to auditing and compliance.
12. Foster a positive work environment: Contribute to a positive and collaborative work environment by demonstrating a strong work ethic, professionalism, and teamwork.

According to JobzMall, the average salary range for a Audit Specialist – Client Assets Sourcebook (CASS) in London, UK is between £35,000 to £55,000 per year. However, salaries can vary depending on factors such as experience, qualifications, and the specific company or industry. Some senior audit specialists in this field may earn upwards of £70,000 per year. It is important to research the specific company and industry to get a more accurate salary range.

Northern Trust Corporation is a financial services company that caters to corporations, institutional investors, and ultra high net worth individuals. It is one of the largest banks in the United States and one of the oldest banks in continuous operation.