Are you a strategic thinker passionate about driving solutions and mitigating risk? Join our dynamic Testing Center of Excellence team, where you'll play a crucial role in establishing a strong control environment across the firm. This position offers a unique opportunity to work with a large Controls Testing team and contribute to a newly formed organization, providing a solid foundation for your career growth within the firm.
As a TCoE Risk and Controls Testing Associate in the Testing Center of Excellence, you will execute independent risk-based evaluations of control design and effectiveness to mitigate compliance, conduct, and operational risks. You will oversee complex evaluations of business processes, utilizing sophisticated data analytics and engaging with senior stakeholders. This role offers an exciting opportunity to work on key risk initiatives, contributing to the firm's compliance with regulatory obligations and industry standards.
Job Responsibilities: - Lead comprehensive control evaluations and substantive testing to assess control design and effectiveness.
- Ensure compliance with internal policies, procedures, and external laws, rules, and regulations, identifying necessary remediation actions.
- Foster collaboration with Compliance and Operational Risk Officers, developing test scripts and facilitating issue discussions.
- Utilize advanced critical thinking skills to evaluate high-risk business processes and identify improvement areas.
- Proactively assess and monitor risks, implementing strategies to mitigate identified risks effectively.
- Collaborate with cross-functional teams to support control design and effectiveness, driving initiatives to enhance the business control environment.
- Develop and execute robust control test scripts, identifying control weaknesses and recommending practical solutions.
- Document test steps and results comprehensively, ensuring transparency and accountability.
- Lead meetings with business owners, delivering testing results and supporting sustainable control enhancements.
Required Qualifications, Capabilities, and Skills: - Minimum of 3+ years of experience in risk management, assessment, control evaluations, or a related field within the financial services industry.
- Strong understanding of industry standards and regulatory requirements.
- Demonstrated ability to analyze complex issues, develop risk mitigation strategies, and communicate insights to senior stakeholders.
- Proficient knowledge of risk management frameworks, regulations, and industry best practices.
- Highly organized and detail-oriented, with a proven track record of managing multiple priorities in a fast-paced environment.
- Strong analytical and communication skills, with the ability to convey complex information clearly to diverse audiences.
Preferred Qualifications, Capabilities, and Skills: - Industry-recognized risk certifications such as CISM, CRISC, CISSP, CISA, CCEP, CRCM, CRCMP, GRCP.
- Background in auditing and understanding of internal controls.
- Proficiency in Microsoft Office Suite - Word, Excel, Access, and PowerPoint.
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Control Management maintains a strong and consistent control environment through a joint accountability model that aligns managers with each function and region to mitigate operational risk. The team focuses on four areas: Control Design & Expertise, Risks & Controls Identification/Assessment, Issues & Control Deficiencies and Control Governance & Reporting.