AVP: Control Business Partner (Cards)

Purpose of the role:

To assess the integrity and effectiveness of the banks internal control framework to support the mitigation of risk and protection of the banks operational, financial, and reputational risk.

Accountabilities:

Collaboration with various stakeholders across the bank and business units to improve overall control effectiveness through detailed documentation of control assessments, procedures, and findings.

Identification and investigation of potential weaknesses and issues within internal controls to promote continuous improvement and risk mitigation aligned to the bank’s control framework, prioritized by its severity to disrupt bank operations.

Development of reports to communicate key findings from risk assessment including control weaknesses and recommendations to control owners, senior management, and other stakeholders.

Execution of reviews to determine the effectiveness of the bank's internal controls framework aligned to established and evolving policies, regulation, and best practice.

Implementation of adherence to the client Controls Framework and set appropriate methodology of assessing controls against the Controls Framework.

Should have experience with:

• Chartered Accountant/ Certified Internal Auditor/ CPA or equivalent qualification in Auditing or Risk Management/Graduate or Postgraduate with experience in Controls i.e. Controls Business Partner or Control Assurance and Tester and Operational Risk Management.
• Business understanding on Client Servicing, Cards/Merchant Servicing/Product acquiring, issuing is mandatory.
• Extensive experience in Internal Audit, Control Business Partnership, Controls Assurance & Testing and Operational Risk Management.
• Comprehensive understanding of governance and control frameworks and processes, and all aspects of operational risk management. Highly motivated, business-focused and forward-thinking.
• Extensive experience in senior stakeholder management, ability to communicate internal control concepts clearly in a business context. Ability to manage reporting lines and relationships across multiple disciplines.
• Controls Experience in areas viz. Financial Crime, AML, Customer Due Diligence, Settlements, Private Sanctions, Credit Lending, Markets, Reference Data etc.

Some other highly valued skills may include:

• Sound commercial judgment and overall understanding of the Financial Services Industry, particularly the business impact of the regulatory environment.
• Experience of designing, communicating & implementing internal control policies.
• Proficient in use of MS Office applications (Outlook, Word, Excel, PowerPoint).
• Knowledge of internal control and regulatory requirements & practice e.g. Turnbull, Sarbanes-Oxley, COSO, Basel II Accord relating to operational risk preferred.
• You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.