Lead - Control Assurance - BFSI

Lead Control Assurance

Responsibilities :

1) Support the manager of the Compliance Control team to identify key risk areas

2) Perform assessment of existing controls as per the defined control plan

- Ensure a good knowledge of existing policies and procedures on which the control assessed is attached to

- Assess the design and the execution of each formalized control on schedule and in accordance with CTL standards and methodology

- Identify gaps between existing and expected controls and design a cartography to highlight issues to fully cover the risk at stake

- Ensure identified gaps are debriefed to relevant stake holders, corrective action plans agreed and contribute to report writing

- Identify weaknesses, timely escalate any issues and define corrective action plan

- Ensure record keeping of all working papers

3) Show autonomy in delivery of assigned duties including planning of own work, proactiveness and timely escalation

4) Ensure adherence to the global operating guideline on second level control

5) Establish a good working relationship with both internal & external stakeholders

6) Identify key business changes through stakeholder connects and assess key risks for the perimeter concerned

7) Regular of knowledge on internal incidents, external enforcement and regulatory developments

8) Other responsibilities :

- Maintain an updated knowledge of various applicable laws and regulations, e.g., FCA, SFC, HKMA, MAS, etc.

- Maintain an updated working knowledge of the existing SG policies framework, compliance incidents and any key regulatory development at group and regional level.

Profile Required :

- Professional diploma or qualifications in Compliance and/or Audit (preferred).

- E.g. CAMS, CFE, CIA, CISA or related Certifications.

Technical :

- Fair knowledge of Compliance risks in the global banking environment.

This may include the risks related to :

- Anti-Money Laundering, Terrorist financing, Embargos & Sanctions (OFAC)

- KYC and client due diligence activities

- Laws and regulations related to Anti-Bribery and Corruption

- Laws and regulations related to Market Integrity and practices such as Market abuse, insider trading, front running, trade surveillance and monitoring, E.g., DFA, Volcker's, EMIR

- MiFID, FCA CASS and other applicable client protection laws and regulations

- GDPR and other client protection laws and regulations

- Prevention of tax evasion and related laws and regulations. E.g. FATCA, CRS, etc.

Functional :

- Fair understanding of Risk and control assurance activities which may include audit or control testing experience.

- Autonomous in delivering the assigned tasks. Good appreciation of contemporary risk methodologies and practices.

- Prior experience in performing testing reviews, discussing and agreeing key issues with senior stakeholders.

- Knowing French can be an advantage, although not a necessity.

- Experience of working on multi location regional/global reviews.

- Good stakeholder management skills which will include both internal and external stakeholders.