Control Testing & Assurance CT&A Compliance Testing Specialist/Testing

Job Title: Control Testing & Assurance CT&A Compliance Testing Specialist/Testing Lead

The role is for a CT&A Compliance Testing Specialist/Testing Lead which sits along the other CT&A Desk Extension team members split between Mumbai and Bangalore and forms part of the UK Compliance Testing Team focused on the Investment Bank.

Your Key Responsibilities & Tasks

• Efficient high quality Planning, executing, and delivering of Testing, including:
  • Execute feasibility and scoping of Assurance work, undertake testing fieldwork, report findings and validate issue remediation in accordance with CT&A methodology and regulatory requirements
  • Escalate issues with proposed solutions to the team lead in a timely fashion
  • Documenting underlying work and communicating testing results using high quality reports
• Establish and maintain effective communication channels and working relationships with the relevant stakeholders in the business and other control functions (e.g. Compliance, Business Stakeholders, Non Financial Risk, Internal Audit) to ensure a coordinated approach, completion of Assurance work, and effective resolution of issues.
• For identified findings enable read-across (e.g. with other countries or divisions) to allow continuous improvement of controls and processes.
• Support continuous enhancement of the Testing programme by identifying and suggesting improvements and implementing them, while ensuring the programme remains aligned to the global framework.
• Assist the Team Lead and Regional Head with other projects, as necessary.
• Sharing best practice and learnings with colleagues locally/regionally/globally.

Your Skills and Experience

• Experience on assessing and/or testing the design and operating effectiveness of Compliance control frameworks and related controls.
• Strong understanding of Investment Bank Products
• Good understanding of compliance and internal controls.
• Experience working in compliance in a financial institution.
• Understanding of compliance regulation, risks and internal controls, with a specific focus on UK/Europe but also global, other regional or regulatory jurisdictions including the UK/Europe. Global and US (i.e. Volcker, Alphabet Rules) and APAC are a plus.
• Experience working in a comparable Bank or international organisation of DBs size and spread.
• Working knowledge of international banking business and products
• A university degree or other closely related professional qualification.
• Strong communication skills, both written and verbal, with an ability to communicate effectively with second line functions, the line of business, and technical team members, with the ability to influence stakeholders;
• Analytical, with the ability to provide practical solutions for minimizing risk;
• Able to work independently to manage projects and deliverables to completion;
• An enthusiastic team player; able to build strong, open dialogue-based relationships with relevant Stakeholders;
• Challenge Mindset
• Action oriented with a strong focus on completing tasks accurately and efficiently whilst working independently and with minimum direction;
• Able to remain calm under pressure while maintaining high energy levels;
• Able to manage many competing deliverables effectively for on-time delivery;
• Self-starter and able to recognize opportunities for improvement and to act on those opportunities;
• Proficiency to work with Excel, Word, Powerpoint and Access