Compliance Controls Expert

Tasks

• Assist in the development, documentation, and maintenance of the Compliance Control Framework (2LoD) for assigned business units or processes to ensure that they comply with regulatory requirements and internal policies.
• Design, implementation, and improvement of preventive and detective controls to mitigate relevant risks.
• Development and maintenance of a Standard Operating Manual to document the end-to-end execution steps and procedures for controls.
• Maintenance of the central repository of controls and related documentation.
• Participate in change management initiatives by assessing and proposing improvements to the control framework when processes are modified or new products or business lines are introduced.
• Definition of the consequence management protocol for identified control exceptions.

Control Execution

• Conducting independent controls defined in the Compliance Control Framework in accordance with the Bank’s risk and control methodology, and documenting results and exceptions in accordance with established protocols.
• Maintaining appropriate audit documentation and reviewing evidence as appropriate.
• Collaborate with and provide guidance to responsible parties to ensure that timely corrective actions are taken in response to identified control exceptions.
• Delegation of consequence management to designated individuals in accordance with established protocols.

Risk and Control Assessment

• Collaborate with policy and process owners and relevant stakeholders to identify control gaps, assess risk exposure, and recommend appropriate corrective actions.
• Monitoring and reporting on control performance indicators, including deficiencies, exceptions, and progress on corrective actions, with clear insights for management.
• Supporting and conducting periodic risk and control assessments, led and supported by Head Office/Operational Risk.
• Supporting and conducting thematic risk assessments, as needed.

Requirements

• A university degree or equivalent education in banking and/or finance.
• International banking and auditing experience or risk management experience.

We offer