Country Controls Assessment and Testing Team Lead Senior Vice President

The Country Control Testing Utility (CTU) is responsible for assessing the adequacy of Controls and Monitoring and Testing Tools that are designed and executed by in-country Businesses and Functions.

The Country Controls Assessment and Testing Team Lead reports to the Head of Country and Banking & International (B&I) CTU, based in London, within the COO’s Central Controls Capabilities organization and matrix reports to the International Business Execution Director in Zurich. It is a strategic and execution-oriented management position that is accountable for operational controls performance assessment and assurance for in-country controls and associated monitoring and testing tools, including the design and execution of control assessment processes, results reporting, and insight sharing related to the above scope of controls assurance activities. The role is focused on in-country controls testing activities within the Wealth and COO function but will also support the Global Assessment and Testing Team with testing and monitoring activities. Coverage may vary to meet internal and external deliverables.

The Country Controls Assessment and Testing Team Lead leads and directs a team of three controls testing professionals responsible for supporting the above responsibilities, with breadth and depth on control testing planning and execution. The position closely follows the latest trends in control design and testing and adapts them for application within their own job and covered businesses and functions. The role will require engagement with senior managers at Director and/or Managing Director levels.

Excellent management and communication skills are required to negotiate internally, often at a senior level and with Business and COO stakeholders. Strong communication and diplomacy skills are required to guide and influence others, particularly colleagues in other areas and occasional external customers. The individual will be accountable for controls testing results and advice regarding the controls execution. The role necessitates a degree of responsibility over technical strategy and responsibility for supporting the Head of Country CTU on handling staff management issues, including resource management and allocation of work within the team/project.

Responsibilities:

• 10+ years relevant experience, 5+ years in Risk & Controls roles, 5+ years of direct management experience preferred.
• Supports CTU by leading a team responsible for assessing control design, designing control testing and monitoring tools, developing control assessment procedures, ensuring control assessment transitions, dispositioning exceptions, and developing insights for in-country controls.
• Carries key responsibility for defining the work plan and resolving escalations.
• Oversees and performs decision-making of Control Design Assessments (CDAs), Monitoring and Testing Design Assessments (MTDAs) and testing activity, which includes approving/signing-off, undertaking escalations, and owning Internal Audit and issue management related actions.
• Develops and drives quality-checking routines to ensure compliance with all relevant policies, operating guides, and owned control assessments.
• Accountability for the adequacy and effectiveness of CDA, OEM and OET Execution
• Handles control assessment interactions with senior managers at Director or Managing Director levels.
• Maintains relationships and drives accountability with partners and stakeholders to drive control assessment success in support of the business's strategy.
• Represents/ provides input into control testing in senior meetings as needed and works with each respective team to finalize materials.
• Works with colleagues in other areas of Risk Management, Compliance/Control, and the Businesses / Functions to assure appropriate management of risks.
• Oversees the application of operational risk policies, technology and tools, and governance processes to create lasting solutions for detecting unmitigated risks arising from failed internal processes, inadequate controls, and emerging risks in partnership with the Businesses and Functions.
• Approves assessment procedures in Confluence and is responsible for delivering relevant procedures to Internal Audit reviews and issue remediation.
• Maintains resource forecast for own team as well as forecasting for successful controls assessment transition and Central Execution training.
• Supports team members on topics ranging from testing design and execution to performance management and control assessment platform basics.

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Job Family Group:

Controls Governance & Oversight

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Job Family:

Quality Assurance, Monitoring & Testing

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Assurance Strategy, Communication, Constructive Debate, Controls Assessment, Controls Lifecycle, Policy and Procedure, Risk Remediation, Stakeholder Management.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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