Job Description
We Offer
Around Core Controls Including Balance Sheet And SOX Controls Through Regular Substantive Testing To
The incumbent should be an assurance focused professional who should be able to provide a greater level of assurance.
• Assess adherence to relevant General Ledger polices of the bank by account owners for the purpose of periodic sign off that they perform on a monthly basis
• Assess the adherence to the defined roles and responsibilities within Global operation’s various line groups and across other departments (including internal controls, supervisory and regulatory frameworks) and provide reporting of results/output
• Includes regular repeating testing cycles as well as more ad-hoc and customized testing approaches and reviews. There should be sufficient focus on proactive identification of solutions for risk areas to mitigate potential errors before they occur.
• Achieved as part of the Global Assurance team who have a mission to “Drive compliance with core control standards through better risk understanding and ownership at all levels”.
• May be required to coordinate with OC&R (Operations Control & Risk) colleagues to assist in other areas such as standards development and training / content, etc.
The core responsibilities assigned to this role will initially include:
• Periodic assurance of adherence to relevant SOX polices by control owners/performers
• Other periodic / ad-hoc assurance and reporting on operations risk frameworks, policies, standards and attestations performed within Global Operations
• Implement fully independent aspects of the Global Assurance plan, having defined repeatable process to request information / test & review / report / provide feedback loop to both management and framework teams
• Support and perform more in-depth process reviews as part of the Assurance plan through a combination of documentation review, assessment and validation; sample end-to-end testing and limited [phone] interviews
• Performance of all necessary and defined steps that go towards completion of an assurance including but not limited to work paper maintenance, appropriate communications to business partners follow through, MI and reporting
Other Responsibilities Include
• Seek to establish and cultivate good working positive relationships with Operations Line management and staff and key internal partners to ensure collaboration.
• Provide input to OC&R colleagues (i.e. Line Risk Management, Risk Framework and Risk Oversight) on risk and control framework and standards, using existing expertise and experience
• Coordinate with the team and wider partners in OC&R to run initiatives to help drive risk and control understanding more deeply into GO
Value Proposition
Key role within OC&R to provide assurance over activity and support the development of an enhanced risk and control framework. High management visibility and focus across all aspects of role - Define best-practice, help drive understanding, provide training, and review activity.
Pre-requisite
• Highly developed process review skills; Ability to analyze problems from a generic standpoint and then deep dive into specific aspects - gained from a period in internal audit, supervising teams or doing process review projects
• Outstanding personal impact and excellent influencing ability
• Ability to ‘find and fix’ issues from planning through to execution – likely achieved through a period working on specific projects;
• Proficient in IB processes and framework; General knowledge of investment banking products and business aspects;
• Proactive/ self-sufficiency and a good team-player
• Multi-tasking and ability to meet tight timelines as well as thrive under pressure.
• Understanding and appreciation of risks and impacts to a global financial services business;
• Relevant financial or regulatory qualifications(minimum: qualified Chartered Accountant); and degree in business, finance, accounting, legal or equivalent experience
• Experienced in dealing cross culturally
• Organized, articulate, attention to detail
Around Core Controls Including Balance Sheet And SOX Controls Through Regular Substantive Testing To
The incumbent should be an assurance focused professional who should be able to provide a greater level of assurance.
• Assess adherence to relevant General Ledger polices of the bank by account owners for the purpose of periodic sign off that they perform on a monthly basis
• Assess the adherence to the defined roles and responsibilities within Global operation’s various line groups and across other departments (including internal controls, supervisory and regulatory frameworks) and provide reporting of results/output
• Includes regular repeating testing cycles as well as more ad-hoc and customized testing approaches and reviews. There should be sufficient focus on proactive identification of solutions for risk areas to mitigate potential errors before they occur.
• Achieved as part of the Global Assurance team who have a mission to “Drive compliance with core control standards through better risk understanding and ownership at all levels”.
• May be required to coordinate with OC&R (Operations Control & Risk) colleagues to assist in other areas such as standards development and training / content, etc.
The core responsibilities assigned to this role will initially include:
• Periodic assurance of adherence to relevant SOX polices by control owners/performers
• Other periodic / ad-hoc assurance and reporting on operations risk frameworks, policies, standards and attestations performed within Global Operations
• Implement fully independent aspects of the Global Assurance plan, having defined repeatable process to request information / test & review / report / provide feedback loop to both management and framework teams
• Support and perform more in-depth process reviews as part of the Assurance plan through a combination of documentation review, assessment and validation; sample end-to-end testing and limited [phone] interviews
• Performance of all necessary and defined steps that go towards completion of an assurance including but not limited to work paper maintenance, appropriate communications to business partners follow through, MI and reporting
Other Responsibilities Include
• Seek to establish and cultivate good working positive relationships with Operations Line management and staff and key internal partners to ensure collaboration.
• Provide input to OC&R colleagues (i.e. Line Risk Management, Risk Framework and Risk Oversight) on risk and control framework and standards, using existing expertise and experience
• Coordinate with the team and wider partners in OC&R to run initiatives to help drive risk and control understanding more deeply into GO
Value Proposition
Key role within OC&R to provide assurance over activity and support the development of an enhanced risk and control framework. High management visibility and focus across all aspects of role - Define best-practice, help drive understanding, provide training, and review activity.
Pre-requisite
• Highly developed process review skills; Ability to analyze problems from a generic standpoint and then deep dive into specific aspects - gained from a period in internal audit, supervising teams or doing process review projects
• Outstanding personal impact and excellent influencing ability
• Ability to ‘find and fix’ issues from planning through to execution – likely achieved through a period working on specific projects;
• Proficient in IB processes and framework; General knowledge of investment banking products and business aspects;
• Proactive/ self-sufficiency and a good team-player
• Multi-tasking and ability to meet tight timelines as well as thrive under pressure.
• Understanding and appreciation of risks and impacts to a global financial services business;
• Relevant financial or regulatory qualifications(minimum: qualified Chartered Accountant); and degree in business, finance, accounting, legal or equivalent experience
• Experienced in dealing cross culturally
• Organized, articulate, attention to detail
💡 Quick Summary
Seeking a career-building opportunity? The Operations Control Risk | Assurance| AVP position is now open for candidates interested in the Bank Jobs sector. This role in Pune offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
