Associate Controls Process Excellence

Job Description

• Reviewing adherence to policies, standards and procedures
• Reviewing whether current standards policies and procedures meet the spirit of original governing entity s obligation, and any changes to the governing entity s expectations over time
• Performing walkthroughs and assisting critical lines of business with process mapping and risk identification, designing the controls framework and testing the controls
• Understanding feedback from independent oversight parties and assessing gaps across products. For instance an audit issue found in one product should be immediately assessed across products and ensure remedial measures are implemented to mitigate recurrence of similar issues.
• Comparison of policies standards and procedures across products for consistency and closure of any gaps that are found
• Comparison of controls across products for optimization, consistency and closure of any gaps that are found
• Ability to understand, analyze and map complex forecasting processes
• Assist in implementing CCB Credit forecasting framework around risk identification
• Creation of a CCB Credit Forecasting discipline around NMEMs, Model Diagnostics, User Tools and Analytics tools
• Provide expertise to risk and control partners as well as support for audit requests
• Liaison with upstream and downstream partners to review the control evidences for RCSA and SOX
• Support Action Plans both internally and externally from issue opening to closure
• Develop enhanced reporting for controls through use of automation, if required
• Presenting findings, recommendations and presentations to Senior Management
• Effectively mentoring other team members to help them develop their risk management skills and domain knowledge

• The work schedule is Monday - Wednesday, 1 PM - 10 PM IST and Thursday - Friday, 11 AM 8 PM IST

• Bachelors degree in Finance, Accounting, Engineering, Statistics, Economics and equivalent work/training is required; advanced degree is preferred
• Deep credit risk experience in one or more US consumer credit portfolios (i.e. U.S. Mortgage, Home Equity, Credit Card, Automotive, Lease, Business Banking)
• Significant understanding of key banking processes and associated risks; knowledge of the credit forecasting process, macroeconomics and finance preferred
• 6+ years of relevant post qualification work experience in Risk & Controls Assessment, Internal Controls Design & Review, Risk Consulting, Process Consulting, Internal Audit and Sarbanes-Oxley Control requirements
• Rich experience in business controls audit, including exposure and understanding of IT general controls (ITGC)
• Experience in banking domain and/or relevant experience in big 4 risk consulting firms is preferred
• Analytic and Investigative mindset, dedicated to continuously improving processes and a strong bias for action with focus on closing the issues
• Be able to balance meeting the principle of a requirement with the need to meet the letter of a requirement
• Sound business instincts and judgement to assess materiality of the risk
• Able to work across groups (Audit, Controls and allied business groups) and therefore must be a good communicator and influencer
• Focused attention to detail, analytical & inquisitive with high standards for quality and accuracy
• History of effective multi-tasking, expectation setting, and escalation of issues, where appropriate
• Project Management Skills - well-organized, structured approach
• Able to work effectively under pressure and in a rapidly changing environment in order to meet deadlines
• Collaborative, team-oriented, passionate about supporting our internal / external stakeholders
• Self-starter, able to take the initiative and operate in the group with minimum supervision on a daily basis
• Knowledge of Visio and/or iGrafx
• Highly proficient in Microsoft Office suite of products (Excel and PowerPoint, experience with Essbase a plus)

Keyskills :
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