Role Description
- To assist with the management of the organizations Operational Risk framework by performing Control Effectiveness
- Testing against the controls identified within the Risk and Control Inventory process.
- This will enable support of the Banks strategic objectives by providing meaningful insight and guidance to a range of internal stakeholders across the Corporate Banking Divisions.
- This role is exclusively for candidates who have experience in Corporate Banking Operations internal control testing.
- As an Analyst, you will be responsible for providing teams with an informed opinion on the effectiveness of controls they operate and how to mitigate operational risks.
- You will undertake testing of controls to validate designs, operating effectiveness and sustainability of controls operated by the Corporate Banking Operations team/s.
- You will need to articulate findings from testing work and raise issues where appropriate and agree actions plans to mitigate risks identified.
Your key responsibilities
- Operational Risk Controls Testing
- Perform the Control Assurance Testing against the requirements Design and Operative effectiveness testing
- Have experience in Corporate Banking products Trade Finance, Lending Operations, Trust and Agency services, Securities settlements etc
- Collaborate with stakeholders globally to understand end to end process
- Provide advice and agree actions to optimize management of risks
- Develop ongoing relationships with key business stakeholders
- Share and adopt learnings and utilize expertise across the organization, in relation to risk management and best practice controls.
- Maintain a structured testing plan to include method, levels of sample testing, stakeholder engagement and timelines for completion, follow up meetings, documented findings, and agreement on remedial action plans.
- Articulating verbally and write Controls Testing reports with minimal supervision
- Delivering Controls Testing reviews in line with quality and timeline expectations accountable for the accuracy of data in the
- Controls Testing templates
- Developing and maintaining relationships with stakeholders, and represent the Controls Testing & Execution team in meetings, working groups etc., as required
- Delivering quality outputs and own assigned tasks with a proactive approach
- Escalating issues with proposed solutions to the team lead in a timely fashion
- Maintaining relationships within the team
- Establishing and maintaining collaborative relationships with staff (e.g.,CB Operations, Risk officers etc.) as required to drive the completion of testing activity
Your skills and experience
- The role requires the individual to have experience in conducting QA reviews as follows:
- 5+ years of experience in risk management, audit, compliance, corporate banking products, or operational risk roles ideally related to control testing
- Logical thinker, able to break down a problem into bite-size components, and plan the required steps of control, to arrive at a solution
- Comfort with speaking up and providing challenges, whilst simultaneously managing internal relationships
- Business awareness combined with enhanced communication skills
- Understanding of Operational Risk Control Testing principles
- Experience in running effective Operational Risk Control Testing reviews
- Ability to remain objective and independently assess processes in operational areas
- Ability to communicate and maintain an effective working relationship with the various Ops teams
- Inquisitive and probing approach to problem solving and general assessment
- Strong analytical skills, high attention to detail, solid organizational and interpersonal skills
- Strong ability to interact with, collaborate, communicate and influence individuals at all levels
- Effective problem solving and decision making capability
- Experience operating in a complex, global environment
- Excellent written, oral, and presentation skills
- Profound knowledge and experience of various Operational risk environments within Corporate Banking divisions
- Ability to work in fast-paced environment
- Open minded, able to share information, transfer knowledge and expertise to team members
- Keeps pace with technical/operational innovation maintains understanding of the Corporate Banking processes/products
- Proficient with MS Office programs (Excel, PowerPoint, Word, etc.)
- Education / Qualifications Bachelors degree level or equivalent qualification / work experience
