Middle Office Control Testing Role - Banking & Finance

BE | BTech | MCA | OR equivalent degree in Computer Science, IT, or a related field candidates having 8-15 years of experience in Banking, Financial Services, Risk Management, Product Control, Compliance, Operational Risk, or Third Party Risk Management.

- Experience working within global financial institutions, regulatory bodies, or consulting organizations.

- Strong understanding of risk management frameworks, governance processes, and regulatory expectations.

- Prior experience interacting with Internal Audit, Compliance, and Regulatory stakeholders.

Key Responsibilities:

Stakeholder Management & Governance:

- Act as a key liaison with a broad spectrum of stakeholders, including:

1. Second Line of Defence (2LoD)

2. Group Operations Executives and Regional Forums

3. Business Risk & Control Management (BRCM)

4. Risk Management Meetings (RMM)

5. Procurement stakeholders

6. Third Party Relationship Owners (TPROs)

7. Third Party Engagement Managers (TPEMs)

8. Risk Domains and Risk Stewards

9. Internal Audit, External Auditors, and Regulatory Authorities

- Support governance forums and provide risk insights to senior management.

- Influence stakeholders to drive control enhancements and remediation activities.

Third Party Risk Management & Regulatory Compliance:

- Assess and monitor third-party risk management frameworks and controls.

- Ensure adherence to internal policies, regulatory requirements, and industry best practices.

- Perform control evaluations across onboarding, monitoring, and ongoing oversight processes.

- Support regulatory reviews, audits, and risk assessments related to third-party engagements.

- Drive remediation plans and ensure timely closure of identified control gaps.

Markets Controls & Product Control Oversight:

- Perform P&L analysis and production process reviews for Global Markets trading desks.

- Review and challenge:

1. New Trade P&L

2. Market Environment P&L

3. Carry P&L

4. Cancel & Amend P&L

- Produce and validate Value-at-Risk (VaR) and non-VaR P&L attribution results used in back-testing processes.

- Upload and present results to management along with commentary and analytical insights.

- Investigate and resolve production exceptions by collaborating with Product Control and Risk teams.

- Perform balance sheet analysis, reconciliations, and control activities.

Risk & Controls Testing:

- Execute preventive and detective control testing across trading and operational processes.

Preferred Domain Expertise (One or More):

- Operational Resilience Risk

- Regulatory Compliance Risk

- Markets Risk & Controls

- Product Control