IB Controls Officer Assurance, VP

You will be joining the Control Assurance & Risk Identification (CARI) Team in the Investment Banks Divisional Controls Office (DCO). DCO is responsible for the global control environment across IB and is closely aligned with the business, providing central oversight for Front Office (FO) control framework activities, including design, implementation, and ongoing assurance/validation of key FO owned controls. The purpose of the CARI Team is to provide IB with assurance that Non-Financial Risk key controls are complete, accurate, designed and operating effectively.

The CARI Teams responsibilities include:

• Testing the design and operating effectiveness of IB FO owned key controls
• Checking and challenging proposed control designs by Finding/Control Owners to ensure risks are adequately mitigated in the long term
• Guiding Finding/Control Owners as to what an effective and sustainable control entails
• Performing quality assurance (QA) on Investment Bank (IB) Governance Fora
• Executing detection tests to stress test the operating effectiveness of key controls
• Running Scenario Analysis workshops and Emerging Risk Forums either to explore potential Non-Financial Risk threats or to stress test the control environment
• Reviewing the design of new FO owned key controls before approval at the IB Control Design Authority Council (CDA)
• Identifying and monitoring metrics to check that controls are operating

Your key responsibilities

• Testing the design and operating effectiveness of IB FO owned key controls
• Reviewing Action and Finding closure packs to check the remediation is in line with expectations and asking Finding owners to make changes where required, before submitting the Finding for closure by Group Audit or Compliance.
• Guiding Finding/Control Owners as to what an effective and sustainable control entails
• Supporting and overseeing Assurance Team members in Mumbai when they perform assurance

Your skills and experience

• Strong understanding of control design principles and Non-Financial Risk
• Extensive experience in Audit, Controls Testing, Assurance, or the Business Control Unit with in-depth knowledge of IB products
• Effective communicator, who can write concisely, present effectively, and manage and influence senior stakeholders
• Proactive and delivery focused with the ability to work in a fast-paced environment with tight deadlines
• Structured and detail-oriented with strong analytical and problem-solving skills
• Proficient in Excel, PowerPoint, and Word