Manager Compliance Assurance Control Testing

Work location
₹0 - ₹0
Full Time
6 - 10 Years

Job Views: 254

Job Applicants: coming soon

Posted: 540 Days ago

Key Skills

Job Description

Compliance Assurance Controls Testing (CACT) is a new division, situated within CA, responsible for determining the effectiveness of the Group’s financial crime and regulatory controls, independent of Control Owners (who are responsible for day-to-day monitoring). CACT covers all Financial Crime (FC) and Regulatory Compliance (RC) risk taxonomies across all businesses, functions and geographies of the Group. The division assesses, on an end-to-end basis where possible, the effectiveness of prioritised FC and RC controls embedded in the first line of defence and those operated by the second line on their behalf, and represents an integrated part of the function in discharging its assurance responsibilities.

We are currently seeking an experienced professional to join our team in the role of Manager Compliance Assurance Control Testing.

Roles & Responsibilities

Principal responsibilities:

  • At a high level, the role holder will be responsible for the following:
  • Map processes of assigned controls and identify the main control components within that end-to-end process.
  • Document distinct control types, covering key aspects, such as remit, main processes and handovers to other teams.
  • Evaluate assigned controls for operating effectiveness, document results and raise issues as appropriate.
  • Assist the VP/AVP in the delivery of assigned control assessments and ensure that assigned control assessments are accurate, effective, abide by CACT procedures and templates, and meet quality control requirements.
  • Ensure that assigned control assessments are delivered on time, in accordance with the CACT assessment plan.
  • Evaluate the root cause analysis for all material issues and remediation plans in places to ensure that they are sufficient and fit-for-purpose.
  • Perform issue closure validation to ensure risks are sustainably remediated by First Line of Defence.
  • Support the VPs/AVPs as required, including creating customised testing methodology and testing templates.
  • As required, on a rotating basis, support regional CA teams to execute their assurance obligations through remote execution of local reviews and in line with standards set by the CA team commissioning the work (staff augmentation).
  • Effectively communicate with local stakeholders during the process of review work.

Your Skills and experience

Your Experience and qualifications

  • Minimum of 6 years proven experience in financial services compliance, testing, audit and/or legal management experience or equivalent.
  • Working knowledge of financial crime and/or regulatory compliance and/or the aptitude to develop this understanding in good time, and knowledge of relevant regional laws, regulations and the overall regulatory environment preferred.
  • Minimum Bachelor’s degree in related field such as business, finance, law or equivalent experience.
  • Proven ability to multi-task and working independently under pressure to tight deadlines in a challenging and fluid environment.
  • Experience of process mapping and delivering professional reports and presentations gained within a financial services organisation or audit/consulting practice.
  • Awareness of good risk management and governance frameworks including 3 lines of defence criteria
  • Understanding of the activities of relevant business lines and associated compliance risks.
  • Ability to foster relationships whilst providing adequate challenge and effecting change.
  • Experience utilising assurance automation and analytics tools preferred.
  • Fluent in both oral and written English.
  • Proficient with Microsoft Office.
  • Strong interpersonal skills with the ability to communicate effectively and to engage with HSBC staff within the functions.

Company Details

About Company


Company Information

Job Field: Risk and Compliance
Role Workstyle: Hybrid Working
Primary Location: Asia Pacific-India-Karnataka-Bangalore
Job Type: Permanent - Full Time
Job Posting: 03-Dec-2021, 08:12:03
Closing date: 02-Jan-2022, 18:29:00

About recruiter

Send CV to the email below (see under How to apply Section) 

Email Subject -  "CA_HSBC_CACT_Bangalore"

In the email, please mention

  • your current employer and position (if any)
  • No of years exp (post quaification)
  • your articleship firm
  • other notes:  your ca final results (rank, attempt, exemptions), 
  • your current location
  • are you willing to relocate


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