Monitoring & Testing - Senior Analyst

ASSET MANAGEMENT

Bringing together traditional and alternative investments, we provide clients around the world with a dedicated partnership and focus on long-term performance. As the firm s primary investment area, we provide investment and advisory services for some of the world s leading pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals, for which we oversee more than $2 trillion in assets under supervision. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. We are:

OPERATIONS

Operations is a dynamic, multi-faceted function that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firms assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

YOUR IMPACT

Are you looking to work in a fast paced environment where your role has a direct impact on Key Regulatory deliverables for the firm while working on continuous improvement initiativesThe asset and wealth management Monitoring and Testing team is seeking a motivated professional who is looking to work closely with Business, Asset Managers, Operations, Regulatory Reporting Controllers and Internal Audit Teams to monitor and test key Data attributes and Controls ensuring accurate Regulatory reporting. As this is a new team setup, you will be actively involved in engaging with multiple stakeholders to align our team objective with the overall objectives of the firmwide requirements.

OUR IMPACT

Operations is a dynamic, multi-faceted segment that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm s assets and its reputation. The Operations segment partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm s assets and its reputation. Operations span all product lines
and markets, and functions.

The Asset and Wealth Management Monitoring and Testing team was recently established with the objective of performing Data and Control testing on all functions which have a direct impact to Regulatory reporting. On a day to day basis, the team will be actively involved in performing Sample Data testing and Control Design / performance evaluation to analyze key trends and themes emerging through the testing program. M&T will closely partner with Operations / Business / Asset managers to remediate issues identified through the program and on a consistent basis improve the accuracy of our Reg reporting.

JOB SUMMARY AND RESPONSIBILITIES

Partner with stakeholders such as Regulatory reporting Controllers /Internal Audit / Peer M&T teams to integrate our program to meet the minimum requirements and ensure consistency of testing methodology across businesses.
Perform Data testing, by selecting samples based on Risk based approach, validate data attributes vs Source doc for accuracy and identify errors / themes. Take ownership to remediate all identified errors / themes by partnering with stakeholders.
Perform Control Design and Performance evaluation, to determine the effectiveness of both design and performance based on various Risk factors.
Actively participate in calls with Stakeholders / Sr Management (VP / MD s) to provide status update on testing, remediation and key observations.
Provide recommendation to Stakeholders on issue remediation and track the remediation program until its completion.
Partner with Technology to build a brand-new infrastructure for Monitoring and testing, which can be used as the primary system for the team.
Work with global Operations business units to assess and streamline processes in order to mitigate risk or control issues and generate efficiencies.
Daily interaction with team and regional counterparts to effectively manage priorities.

BASIC QUALIFICATIONS

Minimum 2 to 3 years of experience in Monitoring / Testing / Quality assurance function.
Ability to work and adapt in a fast and challenging environment where priorities can change daily
Team oriented - works closely with teammates on daily workflow and sharing knowledge and key information with the team.
Demonstrates strong leadership skills, ability to gather stakeholder support for initiatives across the teams and see them through to execution.
Ability to re-engineer processes to reduce manual touchpoints and mitigate risk.
Excellent organizational, analytical and communication skills.
Able to take ownership of issues, handle multiple tasks and prioritize accordingly.
High attention to detail and a high standard for accuracy and responsiveness.
Change Management - the ability to identify where process improvements can be made to increase efficiency and control.
Effective problem solver and skilled at gathering and analyzing data to guide decision making.

PREFERRED QUALIFICATION

High level understanding of Corporate / Bank Loans
Prior experience with FR Y 14 Reporting or any other Regulatory reporting experience
Previous Quality Assurance / Risk Testing / Financial data testing / Control testing experience
Microsoft Office application proficiency (advanced Excel or Business Intelligence experience is skills a plus)