Tcoe Risk and Control Test Lead – Vice President

Tcoe Risk and Control Test Lead – Vice President

Requirements

• A minimum of 8+ years of experience or equivalent expertise in risk management, assessment, control evaluations, or a related field, preferably within the financial services industry.
• Possess a strong understanding of industry standards and regulatory requirements.
• Demonstrated ability to analyze complex issues, develop and implement effective risk mitigation strategies, and communicate insights and recommendations clearly to senior stakeholders.
• Proficient knowledge of risk management frameworks, regulations, and industry best practices.
• Ability to stay updated with evolving regulatory landscapes and adapt strategies accordingly.
• Exceptional ability to develop and communicate well-founded recommendations based on regulatory guidance and standards, ensuring alignment with organizational goals and compliance requirements.
• Highly organized and detail-oriented, with a proven track record of managing multiple priorities and delivering results in a fast-paced environment.
• Strong analytical and communication skills, with the ability to convey complex information in a clear and concise manner to diverse audiences.

Responsibilities

• Lead and manage control evaluations and end-to-end substantive testing activities, including planning, fieldwork and reporting.
• Lead comprehensive control evaluations and substantive testing to independently assess the design and effectiveness of controls within the Lines of Business and Corporate Functions.
• Ensure compliance with internal policies, procedures, and external laws, rules, and regulations, while identifying necessary remediation actions.
• Develop and execute testing procedures, meticulously documenting results, drawing informed conclusions, making actionable recommendations, and distributing detailed compliance testing review reports.
• Foster collaboration with Compliance and Operational Risk Officers on various engagements.
• Develop detailed test scripts, facilitate issue discussions, participate in business meetings, and draft comprehensive final reports to ensure alignment and clarity.
• Utilize advanced critical thinking skills to apply substantive testing techniques, thoroughly evaluating the effectiveness of high-risk business processes and identifying potential areas for improvement.
• Proactively assess and monitor risks, ensuring adherence to firm standards, regulatory requirements, and industry best practices.
• Implement strategies to mitigate identified risks effectively.
• Collaborate with cross-functional teams and stakeholders to support the design and effectiveness of controls.
• Drive initiatives that enhance the business control environment through recommended updates to the Compliance and Operational Risk Evaluation (CORE) application.
• Develop and execute robust control test scripts aimed at identifying control weaknesses, determining root causes, and recommending practical solutions to enhance operational efficiency and control effectiveness.
• Document test steps and results in a comprehensive and organized manner, ensuring sufficient support and justification for testing conclusions.
• Maintain a high standard of documentation to facilitate transparency and accountability.
• Lead meetings with business owners at various management levels, delivering testing results and supporting sustainable control enhancements.
• Identify and capitalize on opportunities to strengthen controls and improve operational efficiency.

Preferred Qualifications

• CISM, CRISC, CISSP, CISA, CCEP, CRCM, CRCMP, GRCP, or other industry-recognized risk and risk certifications preferred.
• A background in auditing and the ability to understand of internal controls is beneficial.
• Proficiency in MS (Microsoft Suite) Office – Microsoft Word, Excel, Access, and PowerPoint.
• Knowledge of data analytical tools such as Tableau, Alteryx or Python is a plus.