AIS Team Manager- Control & Risk Job
AIS Team Manager- Control Risk (Job Number: 1314368)
Description
AIS Internal Control Officers are responsible for performing internal control reviews and self assessments to assist in establishing and maintaining a sound internal control environment within AIS Operations. Additionally, they would work with the Global Head of Internal Control to ensure the control environment across all areas of responsibility are sound, and that BNY Mellon AIS Operations are meeting client needs. The incumbent will be responsible for management of control and risk activities for multiple business units or teams supporting complex business processes and activities and will manage a team of control and risk personnel.
Responsibilities
- Perform ongoing monitoring of key control activities and completion of internal control reviews and independent tests of adherence/effectiveness of controls related to various operational functions. This includes assessing market, regulatory, legal and operational risks inherent with the client service and operational functions and in consideration of Corporate and local policies. Perform root cause analyses of operational errors and ensure remediation of control deficiencies. Ensure policies related to issue escalation are in place and being adhered to.
- Prepare formal, written Summary Reports and effectively communicate the results of internal control reviews and tests of controls to Division management.
- Consult with Division management regarding the development and implementation of effective remediation plans in response to Summary Reports; thus ensuring the adequacy of controls, reducing the potential recurrence of noted deficiencies and minimizing the legal and financial exposure to the organization.
- Participate in change management initiatives to ensure risks are properly identified and appropriate controls and mitigants are implemented.
- Monitor and track SAS 70, Internal Audit, Global Compliance deliverables. This includes coordinating with external/internal auditors and compliance representatives to ensure engagement objectives are satisfactorily attained as well as the active and timely follow-up of outstanding remediation plans where applicable.
- Engage managers in the development of internal controls related to new business and participate in project plans in an effort to identify root cause of Operational Errors and identify remediation plans where applicable.
Qualifications
Qualifications
- An Internal Control Officer should have strong risk assessment and analytical skills. Must have basic knowledge of fund valuations and maintain the ability to understand complex processes. Attention to detail, excellent organizational skills, ability to multi-task and work in a fast-paced, deadline driven environment. Must be able to adapt to a changing environment. Previous risk and audit experience required.
- An Internal Control Officer must have the ability to review fund governing documents and client agreements and obtain an understanding of complex fund structures and service level requirements to determine adherence. The Internal Control Officer should have the ability to identify Corporate and Risk policies that affect areas under review to determine whether the department is in compliance. Strong, effective written and verbal communication skills are required to successfully convey noted concerns and assist in the development of remediation plans and discussions with shared services and external parties (e.g. Internal/External Audit)
- Internal Control Officers should provide meaningful recommendations that result in operational efficiencies and strengthen the control environment. This individual will be responsible for providing the proper support to operations to ensure SAS 70, Internal Audit and Global Compliance deliverables are met timely and with minimal impact to operations. Recommendations resulting in strengthened controls while enhancing client service capabilities, translate to increased client satisfaction and the Company's reputation.
- Individuals should have strong communication and interpersonal skills; the ability to work with all levels of management; ability to develop good working relationships with operations and external areas such as Internal Audit, Global Compliance. Candidate must be able to work independently and require minimum supervision.
Primary Location: Dublin, Dublin County, IE
Internal Jobcode: 50796
Job: Asset Servicing
Organization:
Leave a Reply
You must be logged in to post a comment.