
Risk Control Testing Professional
3 days ago
Job Responsibilities
The successful candidate will be responsible for performing control testing and evaluation tasks to assess the effectiveness of operational risk controls within the LCI organisation. This role plays a critical part in mitigating risks, enhancing process efficiency, and maintaining compliance with regulatory standards.
The individual will work closely with various teams, including risk management, compliance, and business units, to design, execute, and report on control testing programs. Key responsibilities include:
- Creating a comprehensive testing schedule covering all operational risk controls in the organisation.
- Conducting independent testing of operational risk controls to ensure the control environment is robust, comprehensive, and effective.
- Assessing adherence to policies, procedures, and regulatory requirements.
- Identifying control gaps, weaknesses, and potential risks, providing actionable recommendations.
Required Skills and Qualifications
To succeed in this role, the ideal candidate will possess:
- A minimum bachelor's degree in finance, accounting, business, or a related field.
- 3-5 years of relevant experience in operational risk management, internal audit, compliance, or a similar role within the financial services industry.
Key Performance Indicators
The successful candidate will be measured on their ability to:
- Design and execute control testing programs that effectively assess operational risk controls.
- Provide actionable recommendations for improving control environments and mitigating risks.
- Maintain comprehensive documentation of testing processes, methodologies, and outcomes.
- Communicate significant issues to senior management and relevant stakeholders in a timely manner.
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