Senior Corporate Risk Testing Specialist

Senior Independent Testing Specialist

Major Bank is seeking a Senior Independent Testing Specialist in Corporate Risk as part of the Independent Testing and Validation team.

The Wealth and Investment Management Independent Testing & Validation (WIM T&V) group is responsible for establishing and maintaining a consolidated testing and validation program within the WIM line of business. Independent Testing & Validation is responsible for developing a common methodology and standards, providing governance and oversight, executing testing, and conducting horizontal reviews. Testing and validation teams are responsible for implementing the testing methodology and standards and executing group-specific testing.

In this role, you will:

• Planning and executing the test of design and operating effectiveness for controls within required time frames and in accordance with established processes and procedures.
• Effectively communicating the testing or validation process, status, and results to business and risk partners.
• Writing and/or reviewing reports or presentations that clearly articulate the results/conclusions of testing or validation activities.
• Consulting on and leading the implementation of initiatives.
• Effectively communicating with IT&V Leadership and escalating validation concerns or issues as appropriate.
• Identifying and implementing efficiencies and process improvements.
• Providing credible challenge and recommendations to IT&V Leadership as needed.
• Actively participating in learning & development opportunities to ensure the use of best in class processes and procedures.
• Developing clear and concise reporting to be shared with IT&V Leadership.
• Assisting in managing change to ensure an effective risk management program.
• Mentoring and coaching Associates.
• Fostering relationships with teams and collaborating across other all testing and validation teams effectively.

Required Qualifications, US:

• 4+ years of Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired

Qualifications:

• A Master of Business Administration (MBA) or a Certified Public Accountant (CPA) Designation
• Experience reviewing testing strategies and methodologies evaluating the adequacy and effectiveness of policies, procedures, processes, initiatives, products and internal controls and identifying issues resulting from internal and/or external compliance examinations
• Experience testing policy, procedures, control and business process testing
• Knowledge and understanding of regulatory agencies:
  Federal Reserve and OCC
• Specialized knowledge or prior regulatory compliance testing or review experience
• Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint)
• Ability to take on a high level of responsibility, initiative, and accountability
• Ability to present to executives
• Demonstrated success with influencing business units to identify, formulate and implement processes/procedures to mitigate risk.
• Strong critical thinking skills with ability to credibly challenge status quo
• Strong organization and prioritization skills
• Strong relationship management skills: ability to negotiate difficult positions without harming relationships
• Other Desired
  
  Qualifications:
• Certified Anti-Money Laundering Specialist (CAMS)
• Certified Financial Crimes Specialist (CFCS)
• Certified Information Systems Auditor (CISA)
• Certified Internal Auditor (CIA)
• Certified Public Accountant (CPA)
• Certified Regulatory Compliance Manager (CRCM)
• Certified Risk and Compliance Management Professional (CRCMP)

Job Expectations:

• Executes review activities in an effective manner. May lead moderate to high risk or complex review activity engagements in a matrixed environment, and communicates emerging risks to management.
• Completes review activities on schedule. Raises schedule delays to the review activity lead. Looks for opportunities to remediate schedule issues.
• Escalates any potential issues discovered during the completion of review activities to a review lead. Identifies potential corrective actions, and follows through on reporting, escalation, and resolution.
• Completes all documentation under limited supervision and appropriately retains all work papers (testing schedule, templates, work-papers, deferrals, deviations, etc.).
• Consults and implements initiatives with moderate to high risk.
• Internal interface with business regarding risk management.