Job Description

Title: Divisional Risk and Control AnalystLocation: MumbaiNote:

• Specific/ mandatory skills: Understanding of control.
• Experience range: 5-8 years
• Open to considering fresher candidates (Yes/No): No
• Open to considering relocation/ non-local candidates (Yes/No): Yes
• Contract duration: 8 months
• Shift timings: 10:00 AM - 7:00 PM
• Number of days work from office: 3
• Preference on diversity candidates (Yes/No): No preference

Role DescriptionYou will be joining the Assurance Team in the Investment Bank\'s Divisional Controls Office (DCO). DCO is responsible for the global control environment across the Investment Bank (IB) and is closely aligned with the business, providing central oversight for Front Office (FO) control framework activities, including design, implementation, ongoing assurance/validation of FO supervisory and key FO controls. The purpose of the Assurance Team is to provide IB with assurance that Non-Financial Risk key controls are complete, accurate, and operating effectively.The Assurance Team is currently responsible for testing the design and operating effectiveness of IB owned key controls. Other responsibilities of the team include executing detection tests to stress test the operating effectiveness of key controls and running Scenario Analysis workshops and Emerging Risk Forums either to explore potential Non-Financial Risk threats or to stress test the control environment.Job Details:

• Carry out walkthroughs, design test plans, and execute design and operating controls testing of key front office controls.
• Provide quality assurance over remediation plans for findings and/or risks owned by or impacting the Investment Banking business.
• Identify opportunities to improve key controls and the control environment through controls testing and quality assurance.
• Develop a good understanding of the Non-Financial Risks impacting the Investment bank.
• Develop a good understanding of the Assurance Testing methodology; specifically on testing required to conclude on design and operating effectiveness of controls.

Skills & Qualifications:

• Experience in Audit, Compliance Testing, and/or Assurance with knowledge of Investment Banking products, processes and controls and non-financial risk.
• Ability to question existing control framework and provide solutions to strengthen controls
• Strong quantitative and analytical skills
• Familiarity with DB organization a plus, but not mandatory
• Strong project management skills and a proactive team partner
• Influencing and negotiation skills and stakeholder management expertise
• Strong verbal and written communication skills

Rangam Infotech