Assistant Vice President - Controls Assurance (8-12 yrs)

Skills: Data Governance, Data Quality, MDM, IDQ, QlikView, Tableau

Location: Pune

Job Description:

Purpose of the role

To partner with the bank, to provide independent insurance on control processes and advise on improvements to ensure the efficiency and effectiveness of the banks internal controls framework.

Accountabilities:

- Collaboration across the bank to maintain a satisfactory, robust, and efficient control environment through the execution of ad-hoc assessments and testing on the design and operational effectiveness of the internal controls, aligned to control policies and standards.

- Development of detailed test plans and procedures to identify weaknesses in internal controls and other initiatives aligned to the banks control framework to mitigate any potential risks and issues, prioritized by its severity to disrupt bank operations, potential losses, and reputational impact.

- Communication of key findings and observations to the relevant stakeholders and business units to improve overall control efficiency and provide corrective actions to senior managers.

- Collaboration with other control professionals to resolve complex issues and ensure consistent testing methodologies across the bank.

- Development of a knowledge center containing detailed documentation of control assessments, testing on design and operational effectiveness of procedures, findings, and the distribution of material on internal controls to train and upskill colleagues within the bank.

Assistant Vice President Expectations:

- To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness.

- Collaborate closely with other functions/ business divisions.

- Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function.

- Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes.

- If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviors to create an environment for colleagues to thrive and deliver to a consistently excellent standard.

- The four LEAD behaviours are: L Listen and be authentic, E Energise and inspire, A Align across the enterprise, D Develop others.

- OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialization to complete assignments.

- They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.

- Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.

- Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.

- Take ownership for managing risk and strengthening controls in relation to the work done.

- Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organization sub-function.

- Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.

- Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practices (in other areas, teams, companies, etc) to solve problems creatively and effectively.

- Communicate complex information.

- 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.

- Influence or convince stakeholders to achieve outcomes.

- Join us for a role in " CCO Functions", where you'll spearhead the evolution of our digital landscape, driving innovation and excellence.

- You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences.

To be successful as a AVP Controls Assurance, you should have experience with:

- Basic Minimum Educational Qualification Degree

- Experience in the application of and methodologies relating to Control Design Effectiveness Assurance and Operating Effectiveness Testing.

- Knowledge of applying Data Analytics techniques.

- Knowledge of key areas in Data governance, date lineage data quality, Records Management (retention, disposal etc.) would be highly preferable.

- Knowledge of horizontal risks such as People Risk (HR), Supplier risk (Third Party Service Provider), Premises, GRS etc. would be an added advantage.

- Experience in project & change management, analytical and organization skills.

- Experience of influencing Stakeholders including briefings and presentations.

- Good interpersonal skills and ability to communicate effectively across a global team.

- Ability to successfully multitask and complete assignments with varying lead times.

Some other highly valued skills may include:

- Relevant professional certification (CA, CIA, CS, MBA) or equivalent.

- Knowledge of process re-engineering LEAN / DMAIC / Value Mapping would be beneficial, but is not essential.

- Experience of working within the financial services industry.

- Experience of working in a risk, control, audit or governance function.

- Experience with databases and data science/analytics tools (SQL, Tableau, Qlik, Power BI).

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.