Business Risk Management – Control Testing Officer

Job Description

The Investment Services Testing team performs operational effectiveness testing of internal controls on behalf of the First Line of Defence for the Investment Services business to support Business Risk Management in assessing and continuously improving the bank’s control environment.

This Officer role helps to supervise the work of members of the Testing Team within the First Line’s Business Risk Management organization and ensures that the control testing program runs efficiently, in accordance with defined control testing methodologies, while maintaining effective, regular, and open communication with Business Risk Management and the broader operational business. This role includes the day-to-day oversight of several team members and hands on testing review to ensure that control tests are completed to a high quality and agreed timelines.

The ideal candidate has experience in a large financial services company performing control testing work (eg. SOX, SOC, Internal Audit, etc). They will ideally have some years of experience in employing common control testing concepts such as population identification and sampling, designing appropriate control attributes to address required control objectives, an understanding of information processing objectives (ie. Completeness, Accuracy, Timeliness, etc), and an awareness of industry standard control assessment frameworks (eg. COSO).

Requirements

• 9+ years of experience performing risk and control assessment, audit, or testing in a financial services environment.
• Good understanding and experience in performing control design and operational effectiveness review or testing.
• Strong verbal and written communication skills in English to interact and maintain relationships with internal stakeholders including at relatively senior levels.
• Some project management / planning experience and a desire to develop leadership skills
• Ability to multi-task, plan ahead and anticipate issues, and track multiple concurrent projects. Strong organizational and time management skills to perform multiple simultaneous tasks independently in a deadline-driven environment as well as to manage own time in order to meet deadlines.
• Ability to work independently with appropriate guidance and provide effective coaching and workpaper review for less experienced team members.
• Self-motivated and adaptable professional with the ability to prioritize competing priorities while meeting deadlines.
• Proficiency in Microsoft Office suite (Word, Excel, Outlook).

Qualification:

• Complete or partial professional qualification in an audit or related field (eg. ACCA, CIA, CFA, etc)
• Some familiarity with common risk and control processes in securities trading, asset management, custody banking, or fund services.
• Experience with any large GRC systems useful.
• Some knowledge and awareness of relevant compliance requirements and fundamental regulations (eg. AML/CFT, legal entity governance, etc)

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