As a Control Management Associate for APAC region, you'll be responsible for ensuring the line of business has a sustainable and disciplined end-to-end control environment, manage second/third line of defense engagements, identifying and escalating issues with a sense of urgency, and partnering with the business to ensure issues are remediated in a timely manner. The team assists in top-down risk analysis, real-time control issue detection, escalation, root cause analysis, and remediation.
Job Responsibilities:
- Review engagements: Liaise effectively with stakeholders, internal and external auditors, 2LOD, Corporate Centre controls and regulators & drive conversations
- Monitor compliance of policies and procedures relative to operational and regulatory risk exposure
- Build and implement the risk management strategies for the gaps & weaknesses identified.
- Design and implement controls that are designed effectively and operate efficiently to proactively manage risk.
- Build/ Establish Key Risk Indicator framework to ensure appropriateness of Metrics and KPIs
- Perform reviews and deep dives into Emerging risk areas to provide holistic and meaningful solutions for risk mitigation & process improvement
- Development and document Control & Operational Risk Evaluation mapping through participation in end-to-end process walkthroughs and deep dives with program/project managers
- Drive proactive risk culture and conduct training and awareness around risk management and mitigation (transaction life cycle, risk reporting, SOX, etc.)
- Establish and reinforce control governance and reporting
Required qualifications, capabilities, and skills:
- Knowledge of investment banking products including Loans is preferred
- Managing reviews/exams with internal and external stakeholders
- Bachelor's Degree with a minimum 8+ years relevant Banking and Financial Services experience
- Risk Certifications such as ORM/ PRM/ APRM/ CIA/ CRISC/ CORM will be preferred
- Experience in driving risk based process improvement using (not exhaustive) is preferred:
- Process Mapping incl. Value Stream Mapping
- RCA using (not exhaustive) 5 Why & Fishbone Analysis
- Basic QC tools (Scorecards, checklists, histograms/ time series etc.,)
- Qualitative & Quantitative Risk assessment tools
- Experience end to end risk management life cycle including:
- Knowledge of Risk Management Tools
- Designing and implementing controls across multiple teams and locations
- Performing risk assessments
- Issue management and Issue validation
- Risk Reporting and preparation of Dashboard