Senior Risk Control Specialist
4 weeks ago
SMBC Group is a top-tier global financial institution with a rich 400-year history. Headquartered in Tokyo, the Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. With over 130 offices and 80,000 employees worldwide, SMBC Group is one of the three largest banking groups in Japan.
Our Presence in the AmericasIn the Americas, SMBC Group has a significant presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients.
Role DescriptionThe Business Control Office (BCO) has the responsibility to ensure the implementation of consistent risk control frameworks and establishment of efficient risk controls across SMBC Group AD. The BCO Control Testing and Monitoring role will provide support in establishment of control monitoring routines and conduct control testing to maintain a strong control environment across Americas Division.
Key Responsibilities- Review and evaluate internal key controls in Banking, Capital Markets and Sales and Trading risk areas to ensure compliance with internal policies and applicable rules, laws and regulations
- Develop Control Monitoring/ Testing routines with detailed documentation, walkthroughs, analysis and evaluation of the current processes
- Assess the effectiveness of the controls and make recommendations for enhancement and strengthening of the control environment
- Prepare detailed work-papers and Monitoring results reports summarizing scope, methodology, and significant conclusions of testing/ monitoring performed within prescribed time frames
- Clearly communicate the Program requirements and the results with stakeholders and drive remediation where needed
- Assist in the reporting and tracking of identified issues and corrective action plans to validate remediation efforts
- 5+ year experience in Audit/ Operational Risk/ First Line Control Testing with strong understanding and knowledge of financial services industry including Corporate Lending, Capital Markets and Sales and Trading business
- Detail oriented, with proven ability to question the status quo and apply risk management principles to enhance processes, as appropriate
- Ability to document Control testing findings and perform trend analysis and report production
- Expertise in control frameworks, control assessment and control monitoring programs
- Expertise in process and control design, including process mapping and process reengineering
- Exceptional communication (both written and verbal) and time management ability
- Proactive self-starter with ability to prioritize efforts across multiple projects and manage competing deadlines
- Experience interacting with senior management within a business environment
- Strong critical thinking, analytical and organizational skills
- Expertise in Microsoft Office Suite (Outlook, Excel, Word, PowerPoint)
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