The business problem is to assess outcomes from activities and processes against conformance with applicable requirements to strengthen risk management quality, including quality testing for business function quality control and transformation lead quality control post completion of an activity/process. This involves developing and executing monitoring and testing for controls to assess their effectiveness in addressing defined risks.
Requirements
- Ability to identify, measure, and manage key risks and controls.
- Strong knowledge in the development and execution for controls.
- Proven experience in control related functions in the financial industry.
- Proven experience in implementing sustainable solutions and improving processes.
- Understanding of compliance laws, rules, regulations, and best practices.
- Strong analytical skills to evaluate complex risk and control activities and processes.
- Proficiency in Microsoft Office suite, particularly Excel, PowerPoint, and Word.
Responsibilities
- Support for the assessment of activities and processes as per required Policies, Standards and Procedures to strengthen risk management quality
- Conduct routine testing of internal activities and processes to ensure adherence to established quality standards and identify areas of risk or non-compliance
- Support quality testing performed for business function quality control and transformation lead quality control post completion of an activity/process
- Help develop and execute Monitoring and Testing for controls, including control design assessment and design of operational effectiveness for monitoring & testing tools, monitoring/testing design assessment, and execution of monitoring/testing tool
- Support reporting on quality control outcomes and control effectiveness to top management and relevant stakeholders
- Help teams involved in the end-to-end monitoring of the controls as defined in Risk Management policy
- Participate in the review and challenge process, on the effective design and management of controls to mitigate risks as required by the Control Standards, including implementation and operation, conducting the control monitoring, handling deficiencies, and escalating issues for resolution.
Other
- Accountable for managing and overseeing a team of employees
- Manages, plans and conducts a broad range of deliverables for projects.
- Manages and executes strategic design and process improvement projects across the enterprise.
- Lead cross-functional projects, ensuring alignment between solutions and business objectives through effective communication.
- Strong verbal and written communication skills, with a demonstrated ability to engage at the senior management level.
