Risk and Control Accountant recruitment
The Control organisation is regionally aligned, using a ‘Hub Spoke’ approach with key contacts in each Business line. The Control Hub sets standards, provides independent oversight, conducts quality assurance and manages key control relationships across the operations. The Hub also provides cross business view of control and works in collaboration with the product line control teams to deliver a timely, business specific view of risk and control.
The majority of the Hub team are based in Birmingham, working in close collaboration with their on-shore hub colleagues.
One of the key business activities would include the monitoring of the Balance Sheet Substantiation Process. Balance sheet accounts are substantiated by the primary and secondary account owners. This is an established process governed by a global policy, which defines the roles and responsibilities of account owners and establishes standards and definitions of substantiation.
Key duties will consist of a range of tasks including the following:
• Assist in monitoring and control of Balance Sheet
• Substantiation process within the operations
• Analyse Account substantiation results by business and to identify items of Risk (Potential PL exposure) for escalation
• Preparing Balance Sheet Substantiation reports (MI) suitable for presenting to Senior Management
• Enhance MI currently available currently available in respect of Balance Sheet sign off and account certification status
• Work with Finance and other operational business areas as appropriate to obtain Balance Sheet analysis and commentary
• Monitoring of account ownership changes, certification status and ensuring account owners meet global policy requirements
• Drive substantiation process improvement across the operational business lines
• Effectively liaise with operational Control hubs in London in respect of issues relating to Balance Sheet substantiation reporting
• Identifying new tasks that can be transitioned into local site and working to improve processes and transition tasks to off shore sites.
Key skills and attributes will include:
• Strong understanding of Risk and Control
• Qualified or PQ ACA/ACCA/CIMA
• Ability to influence and solid analytical skills
• Ability to interpret data and learn new concepts
• Strong time management skills with ability to handle multiple priorities
• Data manipulation skills – Excel
• Good working knowledge of other MS Office packages
• Control bias
• Background in financial services preferred
If you would like to apply for this role or find out more, please apply Online or contact Sanjay Magdani at Robert Walters on 0121 261 2562 or Sanjay.magdani@robertwalters.com quoting the reference SMZ/256225
Where any specific qualification is mentioned, all equivalent overseas qualifications are acceptable