Assistant Manager - Conformance/Control Testing - Credit Risk

Assistant Manager - Conformance Testing

Accountabilities :

Control Testing - Credit Risk 100 %

- Ensure that an effective control testing framework is implemented.

- Carry out a risk based approach to control activity, which will involve the execution of a robust schedule of control testing (RCA,, key controls and business level controls).

- Provide expert consultation advice to Global retail credit risk community on RCA.

- Drive consistency across control environments globally

- Carry out SOX control testing for Credit Risk and work with Group SOX team and control owners to ensure timely completion of SOX deliverables

- Ensure that work completed draws appropriate conclusions that are properly reflected in recommendations and reports. Work closely with Chief Risk Officer (CRO) Teams to ensure implementation of necessary actions to rectify issues identified.

- Maintain robust management information to monitor control testing outcomes and identify any material weaknesses.

- To identify corrective actions which are viable and achievable and remediate root cause or issues

- To present recommendations for corrective action, to the CRO (or delegate) ensuring appropriate plans are in place to implement within an agreed timescale.

- Apply expert judgment to control testing output to drive policy/strategy change

- Demonstrate resilience when challenged by senior stakeholders, ensuring the materiality of issues remain in focus.

Knowledge and Expertise :

Essential :

- In-depth understanding of end to end Credit Risk lifecycle across all retail/card products

- Detailed knowledge of Retail Credit Risk Control Framework, together with relevant Policies and Standards.

- Proven experience of implementing, testing against risk and controls frameworks and testing methodologies.

- A sound understanding of conformance processes controls & checks.

- Knowledge and understanding of all relevant legislation.

- The role holder must have had previous experience in a Risk related role.

Experience, qualifications and other requirements specific to the role :

- Previous experience of managing part of the risk lifecycle and/or risk discipline would be advantageous.

- Previous experience of quality control, compliance, conformance, operational risk or audit function would be advantageous.

- Compliance with new Industry Credit Risk Policies