As a CO&D control manager, you will be responsible for managing the controls agenda including identifying and monitoring significant risks, ensuring compliance with operational policies, control procedures, and legal/regulatory requirements, and managing several engagements (e.g. Regulatory Exams, Regulatory Reporting, Internal/External Audits and Compliance Monitoring and Testing activities), special projects and risk assessments. The controls agenda support the end-to-end CO&D organization across WKO and DDS Operations by providing management with sufficient information to understand and monitor key operational risks and regulatory activities/concerns. CO&D control manager will partner with critical stakeholders including Operations, Cross-Regional control managers, Compliance, Technology, and Audit to ensure alignment to firmwide standards
Job Responsibilities:
- Effectively manage a caseload of Engagements across CO&D remit including regulatory exams, internal audits, external audits, compliance tests and monitoring activities.
- Review requests for information from examiners, auditors, and testers, and in a timely and effective manner, prepare written responses, or coordinate with subject matter experts to collect, review, and submit responses.
- Manage the entire lifecycle of Engagements (planning, fieldwork, and reporting).
- Develop and maintain strong knowledge of WKO/DDS policies, procedures, and operating model as well as systems/platforms used to carry out these activities
- Investigate and analyze emerging issues, perform root cause analysis, and work with Operations teams to define and execute plans to resolve the issue
- Perform record level testing across different client types to ensure alignment to procedures and quality expectations
- Develop a cohesive and effective partnership with Senior Business leaders, LOB Compliance teams, local and regional onboarding and banking teams, Oversight and Controls, Legal, Internal Audit and Operations.
- Ability to deliver under tight deadlines in an aggressive and dynamic environment.
- Design, and develop workflows and data-sets in Alteryx to enhance efficiency in regulatory reporting.
- Perform control evaluation as per CORE standards
- Perform root cause analysis of any control issues identified, help Operations frame Action Plans and track the same to remediate/fix the control gap
- Perform proactive process reviews / data based testing with large amount of data to be analyzed to identify exceptions and control breaks
Required Qualifications, Skills and Capabilities:
- Ability to work in a fast-paced environment with fluid regulatory and business requirements.
- Demonstrate strong AML/KYC/Operations knowledge, including a solid understanding of the onboarding/KYC lifecycle, systems, and platforms
- Bachelor’s degree and/or relevant work experience required.
- Prior exam management, audit or consulting experience preferred.
- Relevant experience in AML/KYC, Compliance, or Risk/Controls within the Investment/Corporate Banking business of a financial institution.
- Self-starter and results-oriented individual who can deliver high-quality results under tight deadlines.
- Proficiency with MS Office (Outlook/Word/Excel/PowerPoint).