Controls Monitoring and Testing Consultant I

Responsibilities

• Lead and guide the ongoing design, execution, and continuous improvement of control monitoring of all risk types within business units to ensure accuracy, consistency and aggregation.
• Conduct key control assessments on a regular basis (adhering to Enterprise deliverables) to evaluate Business Unit adherence to corporate standards related to internal controls.
• Ensure effective and appropriate testing, validation, and documentation of review activities for risk programs, risks and controls.
• Incorporate results of quality monitoring activities, 2nd line testing, SOX testing and complaints reporting in control environment assessments and issue identification.
• Interpret aggregated testing and monitoring results and identify trends and issues related to key controls across business units.
• Evaluate and test control environment effectiveness related to change management initiatives.
• Work with 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 risk/control documentation.
• Address material issues with senior management, including technical discussion of root cause and evaluation of corrective action plans.
• Collaborate with Business Unit and Risk Management partners as necessary to execute on key operational risk initiatives and assessments for the Division.

Qualifications

Required Qualifications:

• Bachelor’s degree, or equivalent education and related training.
• Four years of experience in a financial institution with emphasis on risk management, audit, operations, process engineering or line of business specialty and/or equivalent education, training and experience.
• Solid knowledge of risk management principles and controls, broad-based business practices, and understanding of business process and regulatory requirements.
• Ability to lead quality assurance and process improvement efforts in a corporate environment.
• Excellent organizational skills and ability to lead and manage projects