Risk and Control Testing Associate

If you are a strategic thinker passionate about driving solutions and mitigating risk, you have found the right team. Join our Testing Center of Excellence, where you'll ensure a strong and consistent control environment across the firm. This role offers a unique opportunity to work with a large Controls Testing team and help establish a newly formed organization, providing a solid starting point within the firm.

As a Risk and Control Testing Associate in the Testing Center of Excellence, you will execute independent risk-based evaluations of control design and effectiveness to mitigate compliance, conduct, and operational risks. You will oversee complex evaluations of business processes, utilizing sophisticated data analytics and engaging with senior stakeholders. This role offers an exciting opportunity to work on key risk initiatives and contribute to the firm's compliance with regulatory obligations and industry standards.

Job responsibilities:

• Lead comprehensive control evaluations and substantive testing to assess control design and effectiveness.
• Ensure compliance with internal policies and external regulations, identifying necessary remediation actions.
• Collaborate with Compliance and Operational Risk Officers, developing test scripts and drafting reports.
• Apply advanced critical thinking to evaluate high-risk business processes and identify improvement areas.
• Proactively assess and monitor risks, implementing effective mitigation strategies.
• Collaborate with cross-functional teams to enhance control design and effectiveness.
• Develop and execute control test scripts to identify weaknesses and recommend solutions.
• Document test steps and results comprehensively, ensuring transparency and accountability.
• Lead meetings with business owners, delivering testing results and supporting control enhancements.

Required qualifications, capabilities, and skills:

• Minimum of 3 years of experience in risk management, control evaluations, or a related field within financial services.
• Strong understanding of industry standards and regulatory requirements.
• Ability to analyze complex issues and develop effective risk mitigation strategies.
• Proficient knowledge of risk management frameworks and industry best practices.
• Highly organized and detail-oriented, with a track record of managing multiple priorities.
• Strong analytical and communication skills, conveying complex information clearly.

Preferred qualifications, capabilities, and skills:

• Industry-recognized risk certifications such as CISM, CRISC, CISSP, CISA, CCEP, CRCM, CRCMP, or GRCP.
• Background in auditing and understanding of internal controls.
• Proficiency in Microsoft Office Suite, including Word, Excel, Access, and PowerPoint.

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

Control Management maintains a strong and consistent control environment through a joint accountability model that aligns managers with each function and region to mitigate operational risk. The team focuses on four areas: Control Design & Expertise, Risks & Controls Identification/Assessment, Issues & Control Deficiencies and Control Governance & Reporting.