Enterprise Risk Control Testing Specialist

Role Overview

• Develops and executes a robust control testing program to evaluate the design and operational effectiveness of risk controls across the organization.
• Establishes testing protocols, methodologies, and schedules to ensure consistent and reliable evaluations of key controls.
• Creates and executes testing scripts to evaluate key controls.
• Collaborates with business units to remediate control weaknesses, enhance processes, and ensure adherence to risk policies.
• Monitors and reports on control performance, including trends, gaps, and improvement opportunities.
• Leads periodic control assurance reviews, ensuring all risk controls align with regulatory and operational standards.
• Utilizes the Governance Risk Compliance (GRC) system of record to streamline control testing processes where feasible.
• Identifies and assesses risks across all business functions, including credit, market, operational, and liquidity risks.
• Develops strategies to address identified risks and align them with the organization’s risk appetite and tolerance levels.
• Delivers regular and ad-hoc reports to senior management, highlighting control testing outcomes, key risks, and mitigation efforts.
• Ensures the organization complies with applicable regulatory requirements by aligning risk controls and frameworks with evolving regulatory expectations.
• Partners with business units, compliance, audit, and technology teams to drive an integrated approach to risk management.
• Conducts training sessions to enhance organizational awareness and understanding of control testing practices and risk management principles.

Requirements

• Bachelor’s degree in finance, Business Administration, Risk Management, or a related field.
• 3+ years of experience in risk management, regulatory compliance, control testing, assurance, and performance monitoring within a financial institution.
• Strong knowledge of financial regulations and industry standards.
• Excellent analytical, problem-solving, and decision-making skills.
• Ability to communicate complex information clearly and effectively to various stakeholders.
• A Post Graduate Degree or Industry Qualification preferred.
• Moderate to strong working knowledge of the financial services industry, products, and services.
• Understanding of risk management concepts and principles including Enterprise Risk Management and Third-Party Risk.
• Strong analytical, data, problem-solving and decision-making skills with high attention to detail and accuracy.
• Excellent verbal, written, and interpersonal communication skills.
• Excellent organizational skills with the ability to prioritize and organize work to meet deadlines.
• Proficient in Microsoft Office suite, e.g., Excel, PowerPoint, Word, Outlook, Visio, and other programming skills.

Benefits

• Competitive pay that varies based on individual experience, qualifications and other relevant factors.
• Remote work options.