Associate, Compliance and Ops Risk Test Specialist

Compliance and Operations Risk Test Senior Specialist

Job responsibilities

• Strong understanding of control environment of the assigned function with experience in evaluating the adequacy and effectiveness of controls in the Fice domain, as well as conducting control testing
• Execute testing processes with precision and accountability, ensuring all activities are completed accurately and on time.
• Skilled in preparing process documents, process flows documents, overview documents and robust audit documentation.
• Collaborate with Process/Control Owner on testing schedule, obtain walkthrough of the process, document process changes, evidence gathering, analysis of potential issues and reporting of those issues.
• Assess the control environment to identify gaps, verify controls are properly designed and implemented, and determine control effectiveness.
• Utilize analytical thinking to systematically organize, compare, and evaluate various aspects of a situation and environment to comprehend and identify key or underlying information.
• Collaborate with cross-functional teams and stakeholders to align testing efforts and ensure effective communication of testing outcomes.
• Propose and implement improvements to current testing methods, contributing to the overall efficiency and effectiveness of the firms risk management.

Required qualifications, capabilities, and skills

• Post Graduates (CA, CPA, MBA Fice, CIA) should have 4-5 years of work experience, while Graduates should have 7-8 years of work in executing and managing testing processes within a risk and control environment.
• Proven ability to assess control environments, identify gaps, and drive remediation efforts to mitigate risk.
• Knowledge of banking products and the ability to interpret ficial statements is required.
• Product Knowledge Product Control / Balance Sheet Substantiation / Month End Closure process (journal entries, accruals, ficial close procedures) / Treasury (liquidity management, capital management, Basel capital, securities operations, front & middle office operations, asset liability management) / Reconciliation Process (account reconciliation, position matching, break resolution etc. ) / Valuation Controls (Independent price verification / Fair value adjustments etc. ), Regulatory Reporting / Ficial Reporting (Daily ficial reporting / / External disclosures / Off Balance Sheet review) / Control Testing (SOX testing / Risk Assessments / Key control reviews / Issue identification / Remediation tracking etc. )
• Demonstrates strong analytical skills by critically evaluating complex processes and leveraging data analysis tools to support audit procedures.
• Demonstrated proficiency in analytical thinking, with experience in organizing, comparing, and evaluating various aspects of a situation to identify key information.
• Experience in proposing and implementing improvements to testing methods, contributing to the efficiency and effectiveness of risk management processes.
• Proven track record of effective collaboration with cross-functional teams and stakeholders, with a focus on aligning testing efforts and communicating outcomes.
• Strong skills in time management, problem solving, written and verbal communication for effective collaboration and reporting.
• Demonstrated expertise in MS Office applications, with advanced skills in Excel, Word, and PowerPoint highly recommended.
• Experience utilizing intelligent solutions such as Alteryx and Tableau.

  Shift Timing 12. 30 PM to 2130 PM