Evaluate the design and operating effectiveness of control processes to ensure compliance with regulatory guidance and expectations
Ensure a robust internal control framework is deployed across 1st and 2nd line functions
Enable value-added business process re-engineering through proactive monitoring and testing covering controls, data, and overall policy compliance
Demonstrate understanding of operational risk, control testing methodologies, and related regulatory and compliance standards.
Achieve an understanding of Comprehensive Capital Analysis and Review (CCAR ) and Risk Management (Credit, Liquidity, Market, etc) business processes through review of procedures, process maps, RCSAs, and stakeholder engagement.
Assist in the development of test scripts to be used for testing.
Perform risk-based testing activities that independently evaluate the design and effectiveness of critical end-to-end processes and controls relevant to CCAR and non-CCAR businesses.
Create detailed control testing documentation and provide commentary
Requirements
Bachelor’s Degree (in Accounting, Finance, or other Business related field) with minimum 1-2 years work experience in relevant or complementary capacities. Fresh graduates will be encouraged to apply
Control mindset and knowledge of maintaining effective control environments
Knowledge of financial services products (commercial loans, CRE, construction loans and residential mortgages, etc.) and business process analysis and design
Exposure to control design and effectiveness testing
Inquisitive and proactive in identifying risks, proposing solutions and/or exercising sound and balanced judgement
Nice to Have
Outstanding ability to analyze problems and strong attention to detail
Team player; ability to successfully partner with colleagues across departments and/or divisions
Ability to prioritize in a fast-moving, high pressure, constantly changing environment
Strong Excel and PowerPoint skills required
Benefits
A comprehensive Total Rewards Program including performance-based bonuses, flexible benefits, and competitive compensation
Leaders who support your development through coaching and managing opportunities
A world-class training program in financial services
A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded
Hiring criteria
You should have or be completing the following to apply for this opportunity.