Control Assessment Team, DCO/Risk team

The Risk Team is responsible for supporting Operations with first line operational risk management across IB & CRU. The role will require to execute day-to-day operational risk & control testing work related to various IB and CRU Operations sub functions and contributes to the delivery of the risk assessment reviews.

This is a high visibility role requiring ability to work independently with limited oversight, learn complex concepts quickly, build strong relationships, working collaboratively with business teams globally. Independent in judgment and with unquestionable personal integrity and ethic. Able to challenge and be challenged whilst maintaining the highest levels of professionalism.

The Assessor will also play a key role in the delivery of the control testing plan in line with Target Operating Model established for IB (Investment Banking) and CRU Operations. Specifically, the focus would be on the following-

• Understands that risk identification is key to the business, collaborating with the line in remediating risk by implementing suitable controls.
• Execute the control testing assessments independently end to end i.e. planning, fieldwork, draft issues discussion, Issuance of the report and Issue tracking in GFMS.
• Playing an active and key role in stakeholder management necessary for supporting the mission, vision strategies, objectives, and goals of business.

This role will lead multifaceted and engage with senior stakeholders across multiple teams globally.

Your Key Responsibilities:

• Perform Control testing, read across and deep dive assessments to drive forward-looking risks, and execute within agreed timeline. These include assurance testing and data analytics
• Ensure that the quality of work stands up against key stakeholders scrutiny and challenge, e.g. an independent person can re-perform test steps and arrive at the same conclusion / can understand issue write-up covering root cause of control gap, residual risks and its impact
• Work collaboratively with key stakeholders to challenge and agree a sound and practical remediation plan
• Engage with key stakeholders to assist in the development of a risk-based assessment Book of Work by referencing various trigger events e.g. key risk indicators outside risk appetite, major incidents or major change event
• Support the collation of key management information and the conduct of risk governance meetings
• Deliver functional training sessions to develop / enhance skillset for assessments and assurance activities

Your skills and experience

• 8-10 years work Experience of working in financial services industry preferably in MNC Bank with strong functional and product knowledge of investment banking, payments, strong awareness of risk management principle.
• Experience in reviewing payment controls in the processes and applications. Examining whether payment controls (such as system enforced maker checker (blind re-key), additional manager review above defined threshold, etc) are appropriately embedded and enforced in the respective payment systems.
• Experience in performing risk assessments and ability to identify material risks that impact business. Experience in audit of banks / big 4 is an added advantage
• Inquisitive and probing approach to problem solving, strong analytical skills, high attention to detail, solid organizational and interpersonal skills
• Effective problem-solving, decision-making capability and leadership qualities
• Strong verbal and written communication skills with experience of reporting to senior management
• Ability to maintain objectivity and independence in raising areas of operational risk exposure as well as in having an effective working relationship with key stakeholders
• Experience in handling projects independently and working to deadlines and budget i.e., strong project management skills
• Self-starter, proactive and excellent team player with ability to work well under pressure in a fast-paced environment and always with professionalism. Ability to be open minded, share information, transfer knowledge and expertise to team members
• Strong delivery focus and experience in leading projects end to end