AVP - Lead Control Management Officer - Financial Services

Essential Qualifications:

- 10+ years of experience (5+ in Ops and 5+ in Control would be ideal)

- Ops experience - Asset servicing / Corporate actions / CIB Securities operations - Prior experience is essential.

- RCSA - prior experience in executing RCSA or a detailed understanding of end-to-end RCSA execution.

- Incident management - prior experience in conducting root cause analysis pertaining to operational risk events.

- Good presentation skills, storytelling, data visualization skills, excellent communication skills (written and verbal) & relationship management.

- Leadership, integrity, and credibility will be determining factors in selection. Successful candidates will be articulate and possess a demonstrated leadership capability; they will be impressive in their inter-personal effectiveness and with regard to their accomplishments.

- It requires a leader with strong relationship management, influencing, vision and execution skills.

- A key differentiator will be the ability to understand and operate successfully in a complex, heavily - matrixed corporate environment.

- The role requires a sense of urgency, passion for results, and personal accountability for achievement.

- The successful candidate will work closely with other senior leaders across CIB Control and risk and operational partners from elsewhere in the company in the development and execution of company risk management strategies.

- Accordingly, critical success factors will include the ability to develop partnerships with many business and functional areas, provide insight into the economic climate and related market developments and identify trends which may present opportunities or reflect gaps in the Company's risk management execution/direction.

About the Role:

- This position is within the Corporate & Investment Banking (CIB) Operations Control Team, which is responsible for the implementation and management of the First Line of Defense risk program requirements. Within CIB Control, this position resides in the Business Control team and will support the securities Operations (erstwhile Broker Dealer Operations).

- The position requires an understanding of Securities Operations process, products, market practice, technology and relevant regulation. As part of the business control team, the role will support business leadership to design and implement first line controls with respect to a variety of regulatory requirements, Organizations policies and industry best practices. This position requires a detailed understanding of Securities businesses, trading systems, technology, regulation, operations and related control frameworks.

Responsibilities:

- Supporting the Risk and Control Self-Assessment (RCSA): Performing risk and control assessments and relevant documentation in the system of record. Collection of metrics and maintaining a quarterly forum to evidence management validation and attestation to RCSA.

- Supporting Business Process Management (BPM): establish/maintain process maps in conjunction with the business and enterprise process engineering teams and coordination with corporate testing and validation.

- Incident Management and loss capture: Document and assess operational risk incidents using methods such as root cause analysis, consult with the business to develop corrective action plans and oversee implementation progress and conduct validation efforts as required. Coordinate with business and support partners for creation of Self-Disclosed issues in system of record. Record losses in the system of record as applicable.

- Management reporting: establish and update regular risk reports for communication of risk ratings, issues and key topics.

- Coordination with testing engagements such internal testing and validation (T&V), Internal audit, External audits and Regulatory reviews.

- Work with the business and support teams to provide operational risk expertise and consulting for projects and platform initiatives

- Work with the CIB Control team to ensure requirements of the corporate risk management programs (CRMPs) are appropriately communicated to and met by the line of business.

- Ensure appropriate connectivity, linkage, and integration with in-region international risk management teams.

- Conduct risk assessments to evaluate the adequacy and effectiveness of policies, procedures, processes, systems and internal controls; analyze business and/or system changes to determine impact, identify and assess operational risk issues.

- Report risk assessment findings and develop business cases to influence control owners and business sponsors on the need for additional or improved controls to mitigate risk.