The Testing CoE (Center of Excellence) is an essential part of our company s commitment to maintaining a strong, consistent control environment through continuous, rigorous evaluation of control adequacy and effectiveness across the Firm.
The newly established Testing CoE brings together skilled monitoring, testing, and evaluation experts from across the globe into one team focused on shared best practices, the development of innovative processes and tools, and committed to the continued advancement of the Firm s Risk and Control framework.
Job Summary
As a Control Testing Associate within the Finance, Treasury and Chief Investment Office (TCIO) & Acquisitions and Strategic Investments (ASI) Testing CoE team (forming part of the Firmwide Testing CoE), you will be involved in the SOX CCAP and CORE control testing and Issue Validation process. Through collaboration and analytical skills, you will contribute to the broader Testing CoE s overall success and strengthen the firm s compliance with regulatory obligations and industry standards.
Job responsibilities
- Work with Finance Functional colleagues to develop an in-depth understanding of the Risks & Controls of the assigned function and assist in evaluation of the design and performance effectiveness of the controls built in the processes.
- Lead comprehensive control evaluations and substantive testing to independently assess the design and effectiveness of controls within the newly established Testing Center of Excellence (TCoE). Ensure compliance with internal policies, procedures, and external laws, rules, and regulations, while identifying necessary remediation actions. This includes developing and executing testing procedures, meticulously documenting results, drawing informed conclusions, making actionable recommendations, and distributing detailed compliance testing review reports.
- Foster collaboration with Compliance and Operational Risk Officers on various engagements. This includes developing detailed test scripts, facilitating issue discussions, participating in business meetings, and drafting comprehensive final reports to ensure alignment and clarity.
- Utilize advanced critical thinking skills to apply substantive testing techniques, thoroughly evaluating the effectiveness of high-risk business processes and identifying potential areas for improvement.
- Proactively assess and monitor risks, ensuring adherence to firm standards, regulatory requirements, and industry best practices. Implement strategies to mitigate identified risks effectively.
- Collaborate with cross-functional teams and stakeholders to support the design and effectiveness of controls. Drive initiatives that enhance the business control environment through recommended updates to the Compliance and Operational Risk Evaluation (CORE) application.
- Develop and execute robust control test scripts aimed at identifying control weaknesses, determining root causes, and recommending practical solutions to enhance operational efficiency and control effectiveness.
- Document test steps and results in a comprehensive and organized manner, ensuring sufficient support and justification for testing conclusions. Maintain a high standard of documentation to facilitate transparency and accountability.
- Lead meetings with business owners at various management levels, delivering testing results and supporting sustainable control enhancements. Identify and capitalize on opportunities to strengthen controls and improve operational efficiency
Required qualifications, capabilities & Skills
- Qualified Graduate / post graduate in Accounting or Finance with 7+ years of relevant experience in Internal control / audit
- Strong skills in time management, problem solving, written and verbal communication.
- Strong MS Office skillset.
- Ability to multi-task and prioritize tasks effectively.
