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26/05 Ekta Singh
Senior Consultant - Recruitment at Black Turtle

Views:787 Applications:208 Rec. Actions:Recruiter Actions:3

Vice President - Assurance - Controls Testing & Execution - Financial Services (8-30 yrs)

Pune Job Code: 929820

- The Controls Testing & Execution role works across 1LoD Business Units and Functions providing management with informed opinion on the effectiveness of controls they operate to mitigate material risks.


- The successful candidate will be accountable for delivering their portfolio of Controls Testing in line with quality and timeline expectations - supervising the work of a team of 4 Testers and performing testing work themselves, ensuring that conclusions are sound, and the results of testing are accurately reflected in high quality written reports.


- Candidates will need to articulate findings from testing work to senior stakeholders, raise issues where appropriate, and agree actions plans to mitigate risks identified Additionally, the successful candidate will be required to work in partnership with a wide variety of stakeholders across CCO, Business Units and Functions, plus Risk teams and Internal Audit to ensure Controls Testing is undertaken efficiently with minimum impact on business as usual activitis and to ensure the results of Controls Testing are fully understood.

What will you be doing?

- Lead and drive development of the Controls Testing plan;

- Lead, manage, support and guide a team of 4 aligned Testers;

- Own and deliver a Controls Testing portfolio; review and approve working papers and draft/final reports;

- Execute product and thematic control testing reviews across the US Cards and Payments business, challenging control design and operating effectiveness;

- Land key messages and agree draft/final reports with stakeholders;

- Accountable for the accuracy of data in the Controls Testing Tool (CTT); and

- Develop and maintain relationships with stakeholders, and represent the Controls Testing & Execution team in meetings, working groups etc., and deputise for Controls Testing & Execution management as necessary.

- Strong Markets-Trading/Front Office understanding and the controls operated in this area. Trading experience will be added advantage, how models are used and applied.

- Able to identify key risk trends/themes which can have detrimental impact (Financial/Regulatory etc.) to the firm

- Good understanding of Industry/Regulatory driven programme with impact to Markets business/operational readiness assessment. e.g. LIBOR, DMA etc.

- Deep knowledge of Market products; able to understand the role/process/activity undertaken by various supporting units, e.g. FO-Sales/Trading, TCU, Middle Office, Operation etc.

- Comprehensive depth of Trade-Life-Cycle with strong knowledge of risk in the overall flow chain. e.g. Able to spot/identify risk and its impact to various team/functions/processes.

- Strong understanding of operational/regulatory risk/compliance risk from Markets business perspective

What we're looking for:

- Degree or relevant business experience;

- Extensive experience in one or more of the following: Internal/External Audit; Operational Risk Management; or Risk and Control related discipline;

- Experience of working in a Bank or Financial Services;

- Excellent understanding of risk and control assessment techniques; and

- Excellent communication skills and a proven ability to work in a matrix organisation.

Skills that will help you in the role:

- Specialist Risk and/or Control-related qualification - formal accreditation / qualification relating to audit, risk and/or control etc.; and

- Knowledge of the Financial Services regulatory environment;

- Experience with data analytics tools and techniques

- Prior experience in team leadership and people management.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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