Deputy Manager - Control Effectiveness Testing Analyst

We are Hiring for a Permanent position of Deputy Manager - Control Effectiveness Testing Analyst for an International Bank based in city of London. This is a Immediate Position to start.

JOB ROLE

To perform Control Effectiveness Testing against the controls identified within the RCSA process and perform second line oversight reviews in line with the compliance monitoring plan.

JOB RESPONSIBILITY

 Lead and guide the ongoing design, execution, and continuous improvement of control monitoring of all risk types within business units

 Devise the scope for Control Effectiveness Testing against the RCSA's for Bank. and their London branch

 Create a structured testing plan to include method, levels of sample testing, stakeholder engagement and timelines for completion, follow up meetings, documented findings, and agreement on remedial action plans.

 Responsible for review and oversight of Standard Operating Procedures (SOP's) and Process Manual reviews. Perform compliance oversight reviews across business and support functions

 Track and follow up for implementation of oversight recommendations/ action points

 Preparation of reports with detailed summaries to present to or discuss with Senior Management

 Interpret aggregated testing and monitoring results and identify trends and issues related to key controls across business units.

 Manage and oversee the preparation of regular analysis and reporting of control monitoring and control testing results.

 Make recommendations and provide practical solutions for the update of Business Unit control, policy, procedure and control documentation.

 Provide thought leadership and expertise in control testing practices.

COMPETENCY

 Demonstrable experience in a relevant role within the Financial Services Sector, including Controls Testing of Operational Risks and related committee documentation and management.

 Knowledge and experience of Risk Management practices with exposure to Operational Risk Management and controls testing.