Controls Manager- Vice President

Job Description

• You would evaluate and perform an end-to-end analysis of the Wholesale Lending Services and Commercial Bank program s risk and control environment to
  • Assess the environment,
  • identify significant gaps and weaknesses in the control environment,
  • Build and implement the risk management strategies for the gaps & weaknesses identified.
• You need to design and implement controls that are designed effectively and operate efficiently.
  • Build a system of smart/ automated preventive controls to proactively manage risk.
  • Implement change management protocols that addresses change, program and operational risk.
• Test and Monitor the Controls for Design and Operating Effectiveness.
• You can Build/ Establish Key Risk Indicator framework to ensure appropriateness of Metrics and KPIs
• You perform reviews and deep dives into
  • Emerging risk areas and
  • Transitions and Migrations to provide holistic and meaningful solutions for risk mitigation & process improvement
• Development and document Control & Operational Risk Evaluation mapping through participation in end-to-end process walkthroughs and deep dives with program/project managers
• Drive in building a proactive Risk culture and conduct training and awareness around risk management and mitigation (transaction life cycle, risk reporting, SOX, etc.)
• Establish and reinforce control governance and reporting
• Review Key Risk Indicator framework to ensure appropriateness of Metrics and KPIs
• Liaise effectively with stakeholders, internal and external auditors, 2LOD, GCC controls and regulators & drive conversations related to issues and MRAs identified.
• Monitor compliance of policies and procedures relative to operational and regulatory risk exposure
Talent
• Building and delivering awareness and training sessions to a large group of people managers and SMEs to ensure proactive risk culture
• Work on building end to end solutions using data analysis and other process improvement techniques
• Excellent working knowledge of audit, risk and operational management concepts and the ability to understand and interpret the impact of decisions, as well as identify and convey potential problem areas
• Demonstrated ability to communicate effectively to multiple levels of management, both written and verbal
• Ability to focus on the key issues and drive initiatives to conclusion
• Ability to lead, challenge and adopt a changing business landscape
• Strong relationship and negotiating skills
Innovation
• Identify and drive Process improvements and other initiatives
• Identifying alternatives, options, and different ways of looking at issues/problems and to seek alternative scenario s
• Ability to identify changes to processes and procedures to improve productivity and efficiency
• Drive on-going effort to innovate/automate controls
Required qualifications, capabilities, and skills
• Bachelors Degree with a minimum 10+ years relevant Banking and Financial Services experience
• Risk Certifications such as ORM/ PRM/ APRM/ CIA/ CRISC/ CORM will be preferred
• Lean/ Six Sigma knowledge and experience will be an added advantage
• Experience in driving risk based process improvement using (not exhaustive) is preferred:
  • PARC techniques
  • FMEA
  • Process Mapping incl. Value Stream Mapping
  • RCA using (not exhaustive) 5 Why & Fishbone Analysis (and identification of critical Xs
  • Basic QC tools (Scorecards, checklists, histograms/ time series etc.,)
  • Qualitative & Quantitative Risk assessment tools
• Experience end to end risk management life cycle including:
  • Knowledge of Risk Management Tools
  • Designing and implementing controls across multiple teams and locations
  • Performing risk assessments
  • Issue management and Issue validation
  • Building test scripts and scenarios for testing
  • Risk Reporting and Dashboarding
• Candidates with knowledge of loan systems like Loan IQ/ ACBS will be an added advantage
• Knowledge of investment banking products including Loans is preferred
,

Keyskills :
project managementlife cycletime seriessix sigmadata analysistest scripts