Hiring required for CIB_ Reference Data Associate I_Associate

Job Description

Operations Control Management Department Description:
• The Operations Control Management (OCM) office is a key function for Operations in the current environment and to meet the increasing demands from the business and regulators, as the role has continued to evolve. The focus of the role is now on ownership, design, enhancement and execution of the controls and is becoming more closely aligned with the operations management function.
• OCM is responsible for the oversight of the Control Environment for the Operations functions that support the business. OCM works in partnership with the BCM to provide the business with a comprehensive view of control risk.
• Focus includes:
  • Acting as trusted Operations control advisor and as a first line of defense with Operations on the control agenda.
  • Representing Operations interests vis-a-vis control/regulatory initiatives.
  • Executing and implementing Operations control priorities and strategy.
  • Leading Operations supervisory management and execution.
  • Managing control and risk governance implementation and reporting.
  • Driving risk mitigation and control remediation programs across the business.
Key to the role is leading, shaping and supporting projects, analysis and reporting to address the risk and control agenda. These activities will complement the work already performed across the Corporate and Investment Bank by various risk and regulatory related functions including: Business Control Operational Control Management (OCM) Risk Management Quality Assurance (QA) Legal & Compliance Audit Targeted Operational Risk Reviews & Control Design
• Target and execute proactive process-control deep dives based on data analysis, themes and trends, emerging risk and cycle.
• Support the implementation and adherence to policy with conformance reviews.
• Assess control design through systematic questionnaire, FMEA analysis.
• Targeted control re-design using Design Thinking methods.
Analysis and Insight
• Curate relevance data sources, data access and availability to support descriptive use of data across operations.
• Apply data science methods to support insight, decision making and action.
Risk Identification & Assessment
• Review risk event and errors internally and externally where relevant.
• Execute targeted root cause analysis to isolate themes and trends. Implement lessons learned with all relevant operations.
• Evaluate emerging risks front to back with business and technology partners.
Governance & Oversight
• Manage control forums including content and agenda, action tracking and closure.
• Set and govern standards for risk event capture and escalation, control metrics, proactive review standards, data usage.
• Track and monitor new business approvals.
• Interpret new and revised policy and standards.
• Provide oversight & governance across various process automation tools which results in better client experience by elimination of manual processes mainly digital evidencing, BOTs, User tools, Alteryx, etc.
Audit & Regulatory Review Coordination
• Coordinate interactions with audit, compliance and regulators through exam process.
• Isolate themes and trends and implement lessons learned in relevant operations.
• SOX testing
Monitoring the Control Environment
• Implement comprehensive operations risks metrics reporting and trigger-based escalation processes.
• Monitor and participate in raising, executing and closing of control action plans on time.
• Actively monitor adjacent operations for events and themes and proactively evaluate relevant control design and performance
• Play a critical role in technology enhancements, new application design & associated implementation from controls, access, standards, etc.
Managing CORE
• Establish sustainable processes for evaluating the effectiveness of the CORE processes.
• Actively participate in the CORE process.
• Training- Design, Conduct & participate in risk awareness trainings for staff across various levels which includes ongoing themes, risk awareness day, escalation sessions, etc.
QualificationsA number of skills will be important in this role including:
• Thorough knowledge of the Security Services business, Asset Reference Data Operations (ARDS) function and/or related Controls/Risk skill sets. Or Industry knowledge that is transferrable and/or beneficial to this role.
• Demonstrated ability to think strategically with respect to data, technology, risk/control and regulatory agendas.
• Strong organisational & planning skills and a track record of delivery.
• Strong data orientation and ability to lead on data culture, practice development and tooling.
• Influencing & strong communication skills with the ability to work with others at all levels and across disciplines in a virtual organisation.
• Distinct ability to establish and maintain strong working relationships with partner businesses and peer OCM groups
• Ability to deal with issues on a global, cross business levels.
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Keyskills :
htmlqualityschedulingresearchadvertisingroot cause analysisstrong communication skillsenvironmental impact assessmentroot causedata sciencenew businessrisk reviewsdata analysis