AVP - Control Assurance - Global Risk & Compliance Assurance Services

Business : Risk and Compliance Assurance Services

Role Title : AVP Controls Assurance, Global Risk and Compliance Assurance Services

Global Career Band : 5

What you'll do :

Principal Accountabilities : Key activities and decision making areas

Impact on the Business/Function :

- Understand and document the practical and organisational application of relevant controls, in order to establish risk-focused and efficient test approaches.

- Execute the CA assessment plan, ensuring the accurate, efficient and timely completion of control tests.

- Developing and applying risk-based judgment and decision making when identifying, documenting and agreeing issues and root causes stemming from these tests

Typical Targets and Measures :

- Execution and delivery of assigned control assessments.

- Accurate, timely and reliable testing of key controls.

- Drive a consistent and highly risk-focused approach to CA testing activities across all assigned control activities, in accordance with CA procedures.

- Meeting agreed deadlines and targets.

- Support the production of high quality management information (MI) covering CA activities.

- Increased utilisation of automation and analytics across all CA assessments.

Customers / Stakeholders :

- Build strong relationships with reviewees, and work collaboratively with other assurance team members, to adopt a joined-up, commercial and transparent approach to controls assurance, while remaining independent.

- Ensure that executive and senior management in the businesses and functions are advised of actionable insights and trends stemming from assurance reviews.

Typical Targets and Measures :

- Effective stakeholder management, ensuring constructive and transparent assurance outcomes.

- Outputs (presentation decks, papers, reports and guidance for the function) are actionable, clear, accurate and concise.

Leadership & Teamwork :

- Proactively seek timely and clear guidance and support from other CA staff when needed, on a review-by-review basis.

- Work as part of a team, able to collaborate to accomplish collective and common goals.

- Support CA's high performance and continuous improvement culture through proactive engagement, collaboration and innovation.

- Set the highest standards through personal behaviour, and inclusive and respectful interaction with others.

- Take accountability for personal and career development.

Typical Targets and Measures :

- Drive a high performance culture through attendance at team meetings and 1:1s with line manager.

- Maintain personal objectives set consistently across day-to-day activities.

- Purposeful interactions with teams, sharing best practices and highlighting issues across the Risk and Compliance functions, as appropriate.

Operational Effectiveness & Control :

- Able to work independently with a reasonable level of guidance and supervision.

- Provide support with key tasks and assessments as required by the AVP / VP.

- Drive high operational standards within the team, recording your work in a manner that can be understood and repeated by independent review parties.

- Be innovative in executing all responsibilities and providing solutions to complex issues in a dynamic, high-risk environment

Typical Targets and Measures :

- Observations of line manager and feedback from key stakeholders.

- Delivery of assurance activities as per the agreed plan and review notifications.

Major Challenges (The challenges inherent in the role that require a continual test of the role holder's abilities) :

- Bank expectations for ever more insightful, efficient and cost-effective assurance, requiring an innovative mindset

- The importance of risk management, and consequence of ineffective risk management, continues to be heightened via regulatory and media focus

- Delivering assurance in an insightful, considerate, commercially-minded yet independent manner that meets business needs

- Understanding the expectations of the regulators, external bodies and governmental initiatives and the Group's shareholders and customers, as well as the complexity of financial services regulation and the diversity of business and geographies within the Group as a whole, and taking these into account when configuring test scripts.

- Applying assurance in an environment of increasing commercial and regulatory change

Role context :

- The role holder will be a genuine team player, supporting AVPs and VPs in ensuring that the CA assessment plan is executed as assigned, meeting risk management requirements and regulatory expectations, while providing Risk Stewards, Control Owners and senior management with timely risk management insight.

- The role holder will be required to work with reasonable autonomy, while proportionately drawing on support where needed, dealing with issues for which there is no obvious solution while still being able to provide judgment and clear direction.

- The role holder is responsible for ensuring that the assurance standards in the division are in accordance with the CA guidance, Group Standards Manual and Functional Instruction Manual (FIM).

Management of Risk (Operational Risk / FIM requirements) :

- Be acutely aware of the operational risks associated with business activities, taking into account changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.

- The role holder is responsible for ensuring that they and any others they supervise operate in accordance with

Qualifications :

What you will need to succeed in the role :

- Minimum of 5 years proven experience in financial services assurance, testing, audit, compliance or risk management.

- Familiarity with associated laws and regulations, and the overall regulatory environment.

- Minimum Bachelor's degree in related field such as business, finance, law, IT or equivalent experience; Master's degree preferred.

- Proven organisational, planning, interpersonal, managerial, analytical, problem-solving, decision-making, and team building skills.

- A professionally-inquisitive adaptable and innovative mindset.

- Ability to manage conflicting priorities effectively and proven ability to meet challenging deadlines.

- Experience working with local and regional stakeholders and an understanding of global standards of quality.

- Ability to work with different cultural groups and build consensus and rapport.

- Ability to exercise discretion, work independently within broad guidelines, tactfully handle sensitive and confidential data and complete assignments timely.

- Experience utiliZing assurance automation and analytics tools, and data manipulation, is advantageous.

- Fluent in both oral and written English.

- Proficient with Microsoft Office.