Consultant - Financial Crime Risk Management - BFSI

FCRM

Job Description - FCRM- Consultant

Consultant:

The FCRM team is seeking a Independent Testing Specialist within the Independent Testing and Validation (IT&V) group as part of Corporate Risk. Independent Testing and Validation is responsible for developing a common methodology and standards, providing governance and oversight, executing testing; and conducting horizontal reviews. Testing and validation teams are responsible for implementing the Enterprise Testing methodology, standards, and executing Financial Crime Risk Management (FCRM) specific testing.

The Financial Crimes Risk Management (FCRM) team within IT&V is responsible for performing Financial Crimes Related testing executing reviews. Independent Testing Specialist is responsible for performing the planning and scoping activities for control testing audits, issue validations and completing timely and high-quality testing and execution activities, as well as, for identifying issues, presenting results of different phases of reviews, interfacing with stakeholders.

Additionally, in this role, you will:

- Responsible for identification and assessment of effectiveness for key controls.

- Should be able to manage multiple projects simultaneously to work autonomously to initiate and prioritize own work.

- Effectively communicate the testing process, status, and results to business and risk partners

- Responsible for the development of appropriate test scripts that assess the design and performance of the control structure and environment.

- Responsible for testing the existing controls to ensure they are functioning as intended and document the testing results.

- Complete assigned activities in accordance with established processes and procedures under limited supervision

- Actively participate in learning & development opportunities to ensure the use of best-in-class processes and procedures

- Foster relationships with team and collaborate across other all T&V teams effectively.

Required Qualifications, India:

Total 4+ years' experience out of which a minimum of 2 years relevant experience in risk management (includes control testing, issue identification and validation, compliance, financial crimes, operational risk, internal audit, business process management)

Desired Qualifications:

- Knowledge and understanding of financial services industry: compliance, risk management, or audit operations, Anti-Money Laundering, Fraud, Financial Crime Investigations related audits

- Experience reviewing testing strategies and methodologies; evaluating the adequacy and effectiveness of policies, procedures, processes, initiatives, products and internal controls; and identifying issues resulting from internal and/or external compliance examinations

- Prior public accounting firm with experience in business process, regulatory, or IT audit and/or business process, regulatory, or IT SOX advisory/consulting service

- Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint)

- Ability to take on a high level of responsibility, initiative, and accountability

- Excellent verbal, written, and interpersonal communication skills

- Strong analytical skills with high attention to detail and accuracy

- Ability to interact with all levels of an organization

- Shift timings : 1.30pm IST to 10.30 pm IST