GFCT Business Control Unit, Associate

The role is an extension of the onshore Global GFCT Business Management & Control team. The Control function is an important role in monitoring, managing and mitigating FIC Non-Financial Risk.

Your key responsibilities

• Trader Mandates- Assist with maintaining trader mandates for businesses within GFCT, review trader mandate breaches and exception reports.
• Manage all aspects of Front Office Operational risk including operational and financial integrity issues, Self-Identified Issues, Audit Findings, Compliance testing findings, etc.
• Build dashboard around control detection / overdue / early warning signs.
• Liaison with Desk heads and DCO on various level BAU 1 controls, support a variety of controls which ensure the business is managed on a run-the-bank basis (e.g. MTA controls, Structured & unstructured records controls, Commitment Letter Population review control, External Counsel control review on Guarantors, Marketing Materials & Pitchbook controls, Client Complaints controls, Information barrier controls)
• Provide analytical support to the BCU team and senior management decision making.
• Audit portfolio remediation and tracking of audit findings towards closure, assist in administrative processes in Audit tracking system.
• Support the annual Structured Products review.
• Support the business led Risk& Control Assessment
• Support a variety of GFCT governance forums from pre-meeting, meeting and post-meetings through assistance with production, review, enrichment and analytics tasks. These include global Non-Financial Risk Meeting, UK Senior Management Function meetings, 1LOD Surveillance meeting, FIC Non-Standard Margin Forum, Business Selection Forum,and a number of others.

Your skills and experience

• MBA in Finance from a premier institution or a CA with relevant experience.
• 4-7 years work experience in banking domain working on regulatory projects/ operational risk management/ audit of controls and/ or associated processes, etc.
• Strong interpersonal and excellent verbal and written communication skills. Experience in conducting and driving meetings with senior stakeholders.
• Strong computer skills, particularly in dealing with high volume of data, management of databases and Advanced Excel - Macros (VBA/other programming skills) is preferred.
• Advanced exposure to Word and PowerPoint is a must.
• Strong analytical skills and ability to formulate clearly and present information in a compelling manner.
• Confident to question the status quo business practice / existing control framework.
• Knowledge of Trade Lifecycle of FIC Products (front to back) would be an added advantage.