You are a strategic thinker passionate about driving solutions in Controls Management. You have found the right team.
As a Controls Management- Vice President in our Finance team, you will spend each day defining, refining and delivering set goals for our firm. You will be responsible for the governance of the control environment including execution on both enterprise-wide framework and regional specific operational risk policy/procedure and programs, management of the end-to-end process for risk & control identification/assessment at a regional level with any necessary control deficiencies evaluation and remediation required in line with the Operational risk management framework and Compliance and Operational Risk Evaluation(CORE) policy and system.
Based in Bangalore, this role is part of the Asia Team which is part of APAC Regional Control Management. The lead role will report to the APAC Regional Controls team lead in Hong Kong. The candidate will manage a local team of 14 in Bangalore, and will have key responsibilities for performing oversight on a team that supports complex data and business analysis supporting the creation of annual legal entity risk and control assessments, quarterly Legal Entity Qualitative Operational Risk Appetite (QORA), and central governance program management supporting Locations Control Managers (LCMs) with monthly operating committee materials in APAC.
The Qualitative Risk Appetite (QORA) statement is prepared for each of the 16 L2 risk stripes defined in the Firmwide operational risk taxonomy. The Statements are performed by the 1st LOD and challenged by the 2nd LOD. The results of the QORA assessment are reported to the appropriate Governance committees quarterly. The assessment uses the Global Qualitative Risk Appetite (QRA) for each risk and then assesses for applicability as well as leveraging the Legal Entity CORE Assessment. The legal entity CORE assessments form the starting point for all legal entity assessments and involves reviewing the risks and controls for each legal entity and their ratings with an APAC legal entity.
Manage, coach, and develop the local team on a day-to-day basis.Partner with key stakeholders to identify and prioritize technology enhancements.Collaborate across regional support teams to identify opportunities for consistency and improvement.Plan resources for the assessment cycles.Coordinate the collation of required data from various sources, including CORE, RED, and PAD.Execute data analysis and identify trends quarter-on-quarter and across legal entities.Coordinate and respond to 2nd line of defense checks and challenges, escalating aging challenges as necessary.Ensure adherence to the framework with proper audit trails and segregated storage of data analysis and finalized materials.Support the Regional lead in the strategic development of the framework as it evolves, including the evolution of data sources.Compose draft reports using extracts from all required data sources, ready for coordination with risk stripe SMEs to provide qualitative commentary into the assessment.
Required qualifications, capabilities, and skills:
• Bachelor’s degree or equivalent experience required
• Proficient knowledge of control and risk management concepts with the ability to design, create, and evaluate a Risk & Control Self-Assessment in conjunction with business partners
• Previous experience in CORE / Controls would be beneficial
• Highly motivated, energetic self-starter who takes ownership and able to make constructive observations and recommendations
• Good organizational skills - manages & prioritizes multiple tasks and high focus on quality
• Investigative mind-set, able to see issues at both a high-level and in detail, and understand applicability across the business
• Strong analytical, problem solving & process re-engineering skill.
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio).
• Exceptional verbal and written communication skill. Confident with communicating with and influencing stakeholders
• Good judgment, maturity, and poise to identify risks and escalate where required
• Strong leader and team player with excellent influencing skill who is able to partner closely with peers for data analysis and assessments across APAC
Preferred qualifications, capabilities, and skills:
Minimum 7 years of financial service experience in controls, audit, quality assurance, risk management, or compliance preferredProject Management experience desirable. Alteryx skills preferable