Compliance Testing

Job Description - The role holder will be required to support Senior Managers in assessing the effectiveness of assigned financial crime and/or regulatory compliance controls, identifying and raising issues where control gaps lead to material unaddressed financial crime and/or regulatory/conduct risks. - At a high level, the role holder will be responsible for the following: - Customise and localise standard test scripts and then evaluate assigned controls for design and operating effectiveness, raise issues as appropriate. - Ensure that assigned control assessments are accurate, effective, abide by internal procedures and templates, and meet quality control requirements. - Ensure that assigned control assessments are delivered on time, in accordance with the assessment plan. - Supervise the delivery of assigned control assessments using experience and knowledge to intervene and redirect testing as required, resolving or redirecting escalations as required. - Manage control owners and other stakeholders, ensuring the success of each assigned reviews, minimising contention where possible and requesting support where deemed necessary. - Manage the documentation of distinct control types, covering key aspects, such as remit, main processes and handovers to other teams. - Ensure that issue owners complete sufficient root cause analysis for all material issues and have appropriate remediation plans in place. - Develop and motivate the testing specialists through coaching and on-the-job training, ensuring the successful delivery of assigned control assessments. - Support the Senior Managers in fulfilling their CTU responsibilities as required, including planning forthcoming reviews, drafting issues, contributing to the development of procedures and templates. - Determine innovative ways of testing controls in a precise and efficient manner, harnessing analysis of data where possible. - Be attuned to the political, management, operational, regulatory and reputational implications of particular decisions and courses of action. Managing the demands of the multiple and diverse aspects of the role. - Assist management in development of controls and systems and influencing the way in which business is conducted in order to manage these risks. - The role holder will be required to lead on assigned control assessments. - The role holder will be required to provide clear and pragmatic guidance to the testing team. - The role holder is required to work with considerable autonomy, dealing with issues for which there is no obvious solution while still being able to provide judgment and clear direction. - Knowledge and Experience - Minimum of 6 years proven experience in financial services compliance, testing, audit and/or legal management experience or equivalent. - Good understanding of financial crime and/or regulatory compliance and/or the aptitude to develop this understanding in good time, and must be familiar regarding relevant regional laws, regulations and the overall regulatory environment. - Minimum Bachelor's degree in related field such as business, finance, law or equivalent experience; Master's degree preferred. - Proven organisational, planning, interpersonal, managerial, analytical, problem-solving, decision-making, and team building skills. - Ability to manage conflicting priorities effectively and proven ability to meet challenging deadlines. - Experience working with local and regional stakeholders and an understanding of global standards of quality. - Ability to work with different cultural groups and build consensus. - Requires understanding of the changing regulatory landscape regarding compliance functions within the banking industry. - Ability to exercise discretion, work independently within broad guidelines, tactfully handle sensitive and confidential data and complete assignments timely. - Experience utilising assurance automation and analytics tools preferred. - Fluent in both oral and written English. - Proficient with Microsoft Office.