Manager/Sr Manager - SOX Testing - Bank

Job Title : Manager / Senior Manager

Function : Finance

Job Purpose:

Independent Management Testing (IMT) Vendor Procedural Controls stream team member :

- The IMT program is an initiative within Group Finance to ensure that we have independent testing and assurance of procedural controls executed by outsourcing vendors that address our major risks. The IMT program is currently in a growth stage as we build the in-house capability to support processes supported by our strategic outsourcing vendors.

- The IMT team sits within the Finance Vendor Relationship Management (VRM) team. The IMT will work within vendor Outsourcing Delivery Centers with regular engagement with process owners in a variety of global offices.

- The role essentially requires the IMT Procedural Controls team members to perform controls testing for vendor Procedural Controls mapped to onshore Key Procedural Controls.

The key elements of activity include:

- Perform the Design Effectiveness (DE) and Operating Effectiveness (OE) testing as per the defined Testing Approach

- Address and clear any review points raised through Quality Assurance (QA) review in a timely manner

- Escalate any potential testing issues / exceptions to appropriate teams (Vendor Operational Risk Lead, Onshore Process Owner, and VRM)

- Inform Control Owners, onshore Process Owners and Finance Operational Risk Management (FORM) of any confirmed exceptions or fails

- Maintain the Issue Logs, ensuring they are kept up-to-date and detailed

- Confirm that when complete and any QA review points cleared, relevant testing is stored in central repository

- Participate in weekly/monthly progress meetings with vendor and process owners and contribute to discussions around control issues and fails

- Perform testing of remediated controls and escalate any potential issues immediately

- Contribute to the status reporting in a timely manner

Qualification:

The ideal candidate will have 5+ years banking or related professional SOX experience, preferably with a Financial Services focus. They should also have:

- ACA/ACCA or equivalent qualification

- 3+ years post-qualified experience in Financial Services or Big 4 practice

- Experience performing tests of controls including SOX specific testing

Key competencies include:

- Strong organizational skills, especially in planning and record keeping

- Good people skills and the ability to work in a diverse team and get on with people who you are reviewing/testing

- Tenacity and diplomacy, enabling effective interaction with key stakeholders

- Excellent closure skills