IT Control Tester
Boston, MA, United States
Position Description:
Our client in the commercial banking industry is seeking a Controls Tester to ensure the transparency of business results, finance and processes. Typically organizes a reporting system and tracks goals accomplishment, collect and process data and provides managers with all necessary company management data and information. Ensure awareness in the Business Line of risk frameworks, policies and standards.
Responsibility:
Work with team members and key stakeholders to develop appropriate metrics and deliver relevant and accurate data.
Work with internal teams to gain an in-depth understanding of existing risks, causes, severity rating, controls and remediation Maintain two-way communications with SLoD.
Facilitate training for Business Lines to provide awareness of risk frameworks, policies, programs, processes, etc.
Adherence to Risk Frameworks, Policies, and Standards.
Partner with SLoD to provide input/review of frameworks, policies and standards.
Facilitate Business Line awareness of and adherence to risk frameworks, policies, and standards and issue validation.
Report and escalate exceptions and facilitate Business Line corrective actions
Continuously monitors all sources of risk existing within the Business Line and externally.
Engage in research, peer networking, and experience to anticipate critical risk issues impacting the Business Line.
Understand where operational, strategic, reputational, compliance, and model risks exist in the Business Line and continually assess and improve controls to mitigate those risks.
Monitor Key Risk Indicators and report on negative/adverse trends in Business Line.
Monitor risk profile to maintain tolerance within Risk Appetite.
Qualifications:
Demonstrated experience supporting and/or leading risk projects across multiple business lines offering a wide variety of financial services products and services.
Knowledge of the financial services sector, particularly with the competitive dynamics and products in retail banking and risk management.
Advanced understanding of the regulatory environment and how the risks of the products and services are viewed by the Second Line of Defense and regulators.
Ability to build credibility with, collaborate with, and influence line of business executives.
Excellent analytical and complex problem-solving skills.
Strong project management skills.
Ability to constructively work both independently and in collaborative environments involving all levels of management and employees
Required Skills:
3+ years of experience
Knowledge of the financial services sector
Understanding of the regulatory environment/risk and controls experience (preferably testing experience)
Analytical and problem solving skills
Excellent written and verbal communication skills
Audit experience
Education: Bachelors Degree
Additional client information: