Control Tester Specialist-Gurgaon/Noida
- NLB Group
- 2 - 7 years
- Hyderabad
- 4 months ago
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Job Description
Shift Timings- 3 pm 12 am
Department: Enterprise Risk Management
Role Summary:
We are seeking a highly skilled Operations Control Testing Specialist with at least 2-10 years of experience in Enterprise Risk Management (ERM) to lead and execute control testing activities across critical operational processes. The role requires expertise in Risk and Control Self-Assessments (RCSA) and a strong understanding of processes in the following portfolios:
- Wires
- ACH (Automated Clearing House)
- Digital Banking
- Cash Management/Transaction Banking
- Customer Service Center
This role plays a critical part in ensuring operational effectiveness, mitigating risks, and adhering to regulatory requirements within the organization.
Key Responsibilities:
- Control Testing and Evaluation:
- Plan, execute, and document comprehensive control testing for the assigned portfolios in alignment with the organizations RCSA framework.
- Assess the design and operating effectiveness of controls in critical operations, including Wires, ACH, Digital Banking, Cash Management, and Customer Service Center.
- Identify and evaluate potential risks, control deficiencies, and areas of improvement.
- Risk and Control Assessments (RCSA):
- Develop and maintain the RCSA framework for the respective portfolios.
- Perform risk identification, assessment, and mitigation reviews across processes to ensure compliance with enterprise risk policies.
- Collaborate with process owners to design and implement robust risk mitigation strategies.
- Regulatory and Policy Compliance:
- Ensure compliance with applicable regulations (e.g., FFIEC, OCC, SOX, etc.) and internal policies related to risk and operational controls.
- Monitor adherence to established risk thresholds and escalate breaches to appropriate stakeholders.
- Collaboration and Stakeholder Engagement:
- Partner with cross-functional teams, including operations, compliance, IT, and audit, to support risk management initiatives.
- Serve as the subject matter expert (SME) for the assigned portfolios and provide guidance on risk and control-related matters.
- Reporting and Documentation:
- Prepare detailed testing documentation, including risk and control matrices, test scripts, findings, and action plans.
- Deliver periodic updates and reports to senior management, highlighting control testing outcomes, identified risks, and mitigation status.
- Continuous Improvement:
- Stay updated with industry best practices and regulatory changes affecting operational processes and control testing.
- Proactively recommend and implement enhancements to control testing methodologies, tools, and frameworks.
Key Qualifications:
- Education: Bachelors degree in Business, Finance, Risk Management, or a related field. Advanced degrees or certifications (e.g., CRMA, CISA, CAMS, or CPA) are a plus.
- Experience: 5-10 years of experience in operations control testing, risk management, internal audit, or a related role within financial services.
- Domain Knowledge: In-depth understanding of operational processes in Wires, ACH, Digital Banking, Cash Management/Transaction Banking, and Customer Service Center.
- Technical Skills:
- Proficiency in risk management frameworks (COSO, ISO 31000).
- Familiarity with GRC tools (e.g., Archer, MetricStream, or other enterprise risk platforms).
- Strong analytical skills with experience in data analysis tools like Excel, Power BI, or Tableau.
- Soft Skills:
- Excellent written and verbal communication skills for reporting and stakeholder presentations.
- Strong problem-solving and critical thinking abilities.
- Effective collaboration and interpersonal skills.
Preferred Attributes:
- Experience working with large financial institutions or consulting firms.
- Hands-on experience with RCSA frameworks and regulatory audits.
- Track record of successfully implementing risk mitigation strategies and process improvements.
Job Classification
Industry: Analytics / KPO / ResearchFunctional Area / Department: IT & Information SecurityRole Category: IT SecurityRole: Security AuditorEmployement Type: Full timeContact Details:
Company: NLB GroupLocation(s): Hyderabad
Keyskills: Operational Risk Management IT General control Control Testing Itgc Testing Rcsa Cloud Security Cyber Security Itgc It General Controls It Controls IT Risk Management Itgc Audit SOX
NLB Group
NLB is one of the fastest growing transformational workforce solutions provider. Over the last 16+ years, we have significantly grown our expertise from an IT Consulting firm to Digital Transformation, Analytics, Health-tech, E-Learning and Financial Services domains. Our comprehensive range of so...
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