Position for Controls Management Associate

Job Description

About the TeamThe GF&BM India Control Management team is responsible for ensuring a strong and consistent control environment across the GF&BM organization in India. Control Management is accountable for oversight of control issue identification, escalation, evaluation and remediation and plays a key role in promoting consistency of approach across both Corporate and Line of Business teams. About the Role This is an Associate role within the GF&BM Control Management team in Mumbai, India. The incumbent will be the first line of defense supporting control management activities for designated GF&BM Line of Business (LOB) / Functions in India. The responsibilities of the incumbent will include (but not limited to) the following: Control Management: o Assist / support the Control Management book of work that includes end-to-end coverage of Operational Risk, Business Resiliency Risk, Information Risk, RCSA / SOX / CCAP Governance, Process Risk Reviews, High Risk Manual Process Reviews, Data Loss Prevention, User Tools & Intelligent Solutions Controls, Policy compliance monitoring, MIS and metrics reporting, etc.o Perform design and operating reviews of designated LOBs / Functions in line with the plan to assess the effectiveness of the process and activities, identify design / operating gaps, work with business to remediate them and perform post implementation reviewso Collaborate with LOB management and leadership teams locally & globally to deliver on the agreed control management goals & objectiveso Engage with colleagues within LOBs and other control partners like Compliance, Risk, Resiliency and Audit to ensure governance and reporting of key risk indicators, control metrics, resiliency and compliance parameters and ensure timely closure of actions airing thereono Collaborate effectively with colleagues across GF&BM India / India Corporate Center / Global Control Management to assist / support Control Management projects and initiatives as and when neededo Assist in ensuring continuous awareness and education on risk and control agendas through trainings, roadshows, sessions and expos Resiliency / Business Continuity: o Proactively support in Resiliency Risk Management, Crisis and Incident Management & other central resiliency / business continuity planning (BCP) agendaso Assist LOB / function in documentation, walkthrough and sign-off of BCP documentationo Assist LOB / function in conducting annual review, testing and sign-off of recovery strategieso Perform updation and maintenance of resiliency records in firm s resiliency risk management systems, tracking & publishing BCP scorecards/metricso Drive project and initiatives on resiliency & crisis management across LOB / function & participate in location / regional / global resiliency risk management exercises/tests Business Process Transition/Migration: o Act as a transition / migrations project manager for offshoring initiatives or Inter-Affiliate Services (IAS) projects across GF&BM functions and demonstrate end-to-end ownershipo Create detailed project plans for processes / function / activities migrating into GF&BM and ensure they are in concurrence of firmwide standard / policies / procedures / guidelineso Engage with key stakeholders from Onshore & Offshore Legal, Compliance, Tax, Regulatory, IAS Governance, Finance, Controls, etc. and liaise with them throughout the project life cycleo As a subject matter expert, perform quality checks and ensure IAS projects are compliant with firmwide standards / policies / procedures / guidelineso Track and report status through scorecard / metrics / business control forums Desired Candidate Profile Education & Experience: o CA/CS/CWA/MBA (Finance) with 5-7 years of post-qualification experienceo Proficient knowledge of risk and control management concepts with the ability to design, create and evaluate the operational risk and control environmento Hands-on experience in Operational Risk, Internal Controls, Audits, Risk & Control Management, Governance & Compliance, Process Risk Reviews, Resiliency Risk / Business Continuity, etc.o Experience in managing business process transitions / migrations project for offshored service centers, preferably in Banking / Financial Services industryo Working knowledge of Finance & Business Management functionso Hands-on experience of people and stakeholder managemento Proficient in MS Office applications and allied business intelligence tools Skills: o Be the first line of defense and independently support the business function on control and project management agendaso Act as a trusted business advisor and provide independent assurance to LOB management teamso Understand Finance function and be able to appreciate its linkages across business processo Possess strong stakeholder management skills and should be able to face senior management personnel with confidence and determinationo Exceptional inter-personal, collaboration, relationship management & client partnering skillso Excellent written and verbal communication skills with an ability to influence business leaders in a meaningful and actionable mannero Be assertive and communicate effectively across multiple levels and handle challenging situations tactfullyo Display strong risk acumen, control mindset, project management aptitude and auditing skillso Be able to think pragmatically and add value to business through control management initiativeso Should be a self-starter and carry a proactive & positive approacho Display strong networking skills and able to manage stakeholder expectations and attain desired objectiveso Ability to work with various cross-functional and cross-location teamso Ability to multi-task and capable of delivering on multiple prioritieso Ability to work under pressure and make accurate decisions in a fast-paced, result driven environmento Understands offshored function operations including relevant legal, compliance and tax requirementso Displays strong project management skills and result-oriented approach to ensure timely completion of migration projectso Be able to think strategically and develop solutions based on business needs and requirementso Displays strong analytical and problem-solving skills and be able to challenge the status-quo Shift Timing: 11:00 AM to 8:00 PM IST ,

Keyskills :
data loss preventiontrusted business advisorbusiness continuity planningms officerisk reviewsproject plansrisk managementproblem solving