Assistant Vice President/Vice President - ITC Control Lead - International Banking Group

Opportunity with Leading International Banking Group in India

Designation - AVP / VP - ITC Control Lead

Location - Mumbai

Experience - 6-13 years

Request to only apply if applicants present compensation(CTC) is within 24-32 Lacs

- The below requirement is for the ICT Controls Testing Lead role which part of the RISK ORM Network. The individual will be part of The Bank's 2nd line of defense function, and they will be responsible for testing the deployment, and effectiveness of the IT and Cyber controls globally.

- Experience in IT audit / ITGC controls testing / technical assessments, preferably in the areas of Cyber and Technology domains in a financial institution.

Responsibilities :

- Manage the delivery of the COE India team dedicated to performing the check and challenge on the execution of ICT controls (verification, re-performance, direct controls testing) requiring technical and business expertise from the Group RISK function.

- Ensure completion of the testing and adherence to the internal timelines.

- Draft high quality reports containing the assessor's opinion on the ICT control gaps, and recommendations for improvement, post completion of an assignment.

- Participate to the performance of the independent testing of ICT controls (ITGC controls testing) to determine the design effectiveness, and operating effectiveness of IT and Cyber controls.

- Contribute to the industrialization and automation of RISK ORM ICT control testing services by development of methodologies / tools for the achievement of assignments.

- Review and assist with the evaluation of control deficiencies and provide practical recommendations for remediation.

- Proactively contributes to the usage and enhancement of Group tools for 2LOD control testing.

- Provides upon request of business or the Operational Risk officer(s), advice on ICT controls related to IT and cyber risk management.

- Actively participates in the monitoring of the 2LOD ICT control results, and their reporting to senior management.

- Work in collaboration with other stakeholders from business and RISK ORM teams to contribute towards influencing the ICT risk culture of The Bank.

- Identify areas of improvement for ICT control testing, and assist with the enhancement of the methodologies / tools for carrying out the ICT controls testing assignments.

Improve the effectiveness of the Internal Controls programme by reviewing the control environment, risk assessment process, control activities, information and communication and monitoring activities