CDS Quality Assurance Lead

Job description: CDS Quality Assurance Lead

Tasks

• Perform self-validation and post-implementation review
• Ensure controls are well embedded and executed as intended in accordance with policy requirements.
• Regularly evaluate and improve existing processes and controls in a commercially astute manner and preferably with regional alignment.
• Work closely with the COO Business Integration lead on KYC processes and system development

Tasks (continued)

• Develop and enhance control framework in close collaboration with various teams within CDS
• Conduct thematic reviews, including data analytics, to proactively identify emerging risks, reinforce requirements, and raise risk awareness within CDS.
• Maintain and report risk metrics and key control results to management and ensure follow-up actions are tracked and addressed.

Regulatory and audit tasks

• Single point of contact in CDS for annual regulatory audit, internal audit relating to KYC, including preparation, coordination, and alignment, and ensuring the factual accuracy of observations
• Monitor remediation actions identified from audits or reviews to ensure they are carried out in accordance with the committed timeline and resolved sustainably

Regulatory responsibilities and risk management

• Demonstration of appropriate values and behaviors including but not limited to standards on honesty and integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, competence and continuous development, adequate risk management, and compliance with applicable policies, laws, and regulations
• Ensure audit findings or regulatory issues (regulator, external auditors, and GIA) are resolved in a timely and sustainable manner.

Requirements

• Comfortable challenging ideas and working with multiple diverse stakeholders to bring about consensus
• Strong communication skills (oral and written)
• Excellent interpersonal skills - team player

Professional and technical requirements

• University degree or equivalent education in Banking and/or Finance
• At least 10 years of relevant work experience in the financial industry, preferably in private banking risk management, compliance, or internal audit
• Strong understanding of local KYC regulations and familiarity with client lifecycle operational processes and controls
• Proven hands-on experience in formulating and implementing KYC policies and procedures
• Strong ability to work analytically and creatively in a problem-solving and continuous improvement environment
• Ability to drive initiatives and facilitate decision making
• ACAMS and other industry certifications preferred

We offer