5 Control Framework Jobs

The Business Control Unit (BCU) is a 1st Line of Defence (1st LoD) function within the front office created during the implementation of the Three Line of Defence (3LoD) programme. Its primary objective is to support the front office in executing Non-Financial Risk framework for its business line. The primary responsibility of the candidate within the BCU would be to support the Risk and Control Assessment (RCA) process. The RCA is a key component of the Banks Non-Financial Risk (NFR) Framework to enable the effective profiling, monitoring, and management of Divisional NFR. The responsibilities would also include control testing, incident research, remediation and other ad hoc control initiatives and projects. Working closely with teams in and out of the division to understand risks impacting the group on a dynamic basis. Job Description The BCU team is principally responsible for: Identification and mitigation of non-financial risks (regulatory, conduct and systemic) Supporting the operations of an efficient supervisory and conduct framework. Ensuring the governance and remediation of a business audit portfolio Driving Change the Bank initiatives to support the control framework. In addition to working closely with the business heads, the groups reach and interaction is broad, including engagement with the Corporate Relationship Management (Coverage) Divisional Control Officer (DCO) and those functions forming the 2nd and 3rd LoD, for example Compliance, Anti Financial Crime (AFC), Non-Financial Risk Management (NFRM), Legal, Group Audit and others. This role will be to support the Global BCU function in various capacities. Your key responsibilities The Candidate within the team would be primarily responsible for RCA and would be required to: - Collate and analyse contextual data and relevant data triggers (including read across from other assessments) to inform an accurate and up to date view of the Risk Profile as well as Emerging Risks. Update the Inherent Risk, Control Suite & Residual Risk rating and supporting rationale, liaising with Risk Types SMEs in their business. Consider the combined effectiveness of individual Key Controls, leveraging available Control Guardrail information, individual Control certification & assessment from Control Owners, and individual Control Assurance results for Control Suite ratings. Coordinating and incorporating Anti-Financial Crime and Compliance risk assessments within the business Risk Profile Coordinating and participating in quarterly US/ annual global RCA workshop to ensure Risks are discussed and mitigation decisions are documented in the RCA tool. Creating monthly RCA snapshot in the tool as a point-in-time Risk Profile for the division and coordinating capture of unresolved 2nd LoD challenges and obtain sign off from Risk Assessor. Candidate would also be responsible for: - Support Non-Financial Risk Councils (NFRCs). Support validation of DMA (Designated Market Activities) perimeter. Ensuring control inventory for Coverage is kept up to date. Support all aspects of Front Office Operational Risk Framework from an RCA perspective. Provide support for audit reviews and compliance testing. Creation and delivery of senior management reporting to support decision making. Provide analytical support to the BCU team and senior management decision making. Manage ad-hoc tasks as and when required. Your skills and experience MBA in Finance from a premier institution with relevant experience Work experience in banking domain working on regulatory projects/ operational risk management. Strong interpersonal and excellent verbal and written communication skills. Experience in conducting and driving meetings with senior stakeholders. Able to work as part of a global team. Experience in managing the RCA process would be preferable. Strong computer skills, particularly in dealing with high volume of data, management of databases and Excel. Advanced exposure PowerPoint is must. Strong analytical skills and ability to formulate clearly and present information in a compelling manner. Confident to question the status quo business practice / existing control framework.

We are looking for a dynamic Senior Manager to join our team in Mumbai/Pune. The ideal candidate should have at least 7 years of experience in IT risk management and be passionate about creating and implementing robust control frameworks. If you are ready to take on a new challenge and drive excellence in risk management, we'd love to hear from you! Location : Mumbai/Pune Your Future Employer Our client is a leading organization in the financial services industry, committed to fostering an inclusive and diverse work environment. They offer an opportunity to work with a talented team and access to professional development resources. Responsibilities - Develop and implement IT risk management strategies and control frameworks - Lead a team to ensure compliance with regulatory requirements and industry standards - Collaborate with cross-functional teams to drive continuous improvement in risk management processes - Provide guidance on risk assessment and mitigation efforts to support business objectives - Stay updated on emerging trends and best practices in IT risk management Requirements - Bachelor's degree in IT, Computer Science, or related field - Minimum 7 years of experience in IT risk management, with a focus on control frameworks - Strong knowledge of regulatory requirements and industry standards - Excellent leadership and communication skills - Proven track record of managing diverse teams and stakeholders What's in it for you - Competitive compensation package - Opportunity to work with a collaborative and inclusive team - Professional development and career growth opportunities Reach us If you feel this opportunity is well aligned with your career progression plans, please feel free to reach me with your updated profile at rohit.kumar@crescendogroup.in Disclaimer Crescendo Global is specializes in Senior to C-level niche recruitment. We are passionate about empowering job seekers and employers with an engaging memorable job search and leadership hiring experience. Crescendo Global does not discriminate on the basis of race, religion, color, origin, gender, sexual orientation, age, marital status, veteran status or disability status. Note We receive a lot of applications on a daily basis so it becomes a bit difficult for us to get back to each candidate. Please assume that your profile has not been shortlisted in case you don't hear back from us in 1 week. Your patience is highly appreciated. Profile keywords IT Risk Management, Control Framework, Leadership, Regulatory Compliance, Financial Services

Valuation Specialist, Non B&R Client valuation production/Control framework, AVP Role Description: The Valuation Services Group (VSG) is a global team responsible for the production of all Non Books & Records (B&R) or Non Straight Through Processing client valuations across all asset classes. You will be responsible for supervision/daily production of Non B&R client valuations, adherence to control procedures/checks and also driving migration of valuations onto core/strategic systems. You will be interacting with many very senior stakeholders from across the business and infrastructure functions.uction BAUs and Management Support, 50%- People, Process & Controls Your key responsibilities: Supervision/Production of non B&R client valuations, including all analysis and control checks Ensuring population completeness and adherence to daily and monthly valuation deadlines Implementation/running Client Valuations quality controls, provision of data into associated Governance Forums Migration of non B&R client valuations to strategic infrastructure (design and implementation) Your skills and experience: Ability to manage projects in parallel withdaily production work and a proven history of managing multiple deliverables against tight deadlines Proven history of adhering to and or running control and governance frameworks (to assure quality of client deliverable Technical knowledge (including documentation, modelling and valuation) of complex structured trades - preferably knowledge of Treasury issuance and Repackaged SPV note business practices and Middle Office booking procedures Strong analytical skills, presentation and influencing ability (cooperate and collaborate with other teams is essential) How we'll support you Training and development to help you excel in your career. Coaching and support from experts in your team A culture of continuous learning to aid progression A range of flexible benefits that you can tailor to suit your needs

Transaction Surveillance Strategic Architecture and Control Design Data Controls, AVP Role Description As part of Corporate Bank, Transaction Surveillance sits within Cash Management. Its mandate is to protect the franchise through comprehensive transaction surveillance solutions,ensuring regulatory compliance and enabling business opportunities in line with a controlled risk appetite. The Product Manager for Transaction Surveillance Strategic Architecture and Control Design Data Controls is responsible to support the conceptual design and drive from an overall risk and control framework perspective the implementation, respectively further enhancement of existing control solutions from an end-to-end perspective. Key imminent task will be to support the proper end-to-end delivery and control of required Payment as well as non-Payment Corporate Bank Product & Services data for the roll-out of the strategic AFC Transaction Monitoring system in all DB locations globally. Your key responsibilities Support the Corporate Bank Strategic Data Framework Program, led by the Head of Transaction Surveillance to ensure proper end-to-end delivery and control of required Payment as well as non-Payment Corporate Bank Product & Services data for the roll-out of the strategic AFC Transaction Monitoring system in all DB locations globally, leveraging of this implementation for other post-execution control consumers, and deployment of respective concepts for Transaction Surveillance real-time controls. Closely engage with key stakeholders (Product, AFC, TMDC, TDI, and Operations) to understand data requirements and architecture concepts, drive the analysis and documentation of data requirements and flows on a country-by-country basis, support in the roll-out of data completeness and data content integrity controls, identify data quality issues and guide respective remediation efforts. Identify opportunities to leverage the implementation for other post-execution control consumers (e.g. Account Activity Report) and support in the deployment of respective concepts for Transaction Surveillance real-time controls (in particular Sanctions & Embargoes Transaction Filtering). Your skills and experience Excellent strategic and analytical thinking skills Excellent interpersonal skills and demonstrated ability to collaborate well with range of people across divisions, including senior stakeholders Sound project management and organizational skills, and ability to understand and transpose complex topics in a comprehensible manner to others An advantage is experience in Cash Management / Product & Services Cash Management / Payments Processing Transaction monitoring and screening Fluent English skills

job Location: Chennai & Gurugram Mode of Work; Hybrid Shift: UK Skill Accounting & Financial Control, Revenue sharing, Balance Sheet Reconciliation, P&L IFRS Business: Finance Function Principal responsibilities End-to-end process ownership for the Revenue Sharing Activities to be migrated, ensuring seamless transition of activities into Finance Operations Centre of Excellence, management of preparation and assurance of all BAU reporting requirements Set up the processes as per the Target Operating model to derive efficiencies of scale. Manage the client invoicing process for the front office, incl. monitoring payments and flagging any unpaid invoices for resolution Ownership of the end-to-end fees booking process incl. the intercompany entries Direct engagement with front office incl. senior bankers Responsible for reviewing BAU processes with teams and identifying both the automation opportunities and effectiveness of the processes; Validate accuracy of transfer pricing transactions from tax perspective, trace back transactions to source and provide assurance of reported numbers Strong engagement with key stakeholders and peer levels of the organization. Leadership & Teamwork Job holder should be able to inspire the team with a sense of continuous improvement Management of the end to end process for Investment Banking Revenue sharing and working with colleagues across Finance and the business. Passionately drive the team for best outputs. Work collaboratively across teams covering Data Operations, Reporting Operations, Accounting Operations, Systems Support, IT, Financial Control etc Key Stakeholders CFO INVESTMENT BANKING Front line bankers Regional and Global business finance teams Product Control teams Legal Entity Finance Teams AP / AR Teams Qualifications - External Qualified Accountant / Graduate / Post Graduate in Finance with 10+ years of experience in Reporting, Accounting & Financial Control background. Strong data analysis & reconciliation skills, quick to understand data, ability to challenge and compare multiple sources of data Technical understanding of data flows / systems relevant for the role. Ability to communicate complex ideas (e.g. relating to transactions/adoption of policies) in a simple manner to a global audience Experience in accounting / financial or management reporting role; Understanding of control frameworks and how to implement effective controls in practice. Ability to deal with and analyse unstructured problems and queries and to question and challenge existing procedures. Good understanding of financial products and how they impact reporting requirement, and more generically the banking business, balance sheet and P&L. Work with agility as time will be core of all transactions in revenue sharing What additional skills will be good to have? Proficient in excel, SharePoint, Xceptor and other Finance automation tools. Keen interest in Digital Finance innovation and data insight Strong communication, business writing and presentation skills Regards, Gopala HR Talent Acquisition