Vice President - Compliance and Ops Risk Testing

Job Description

As a Compliance and Operations Risk Test Manager, you will lead in shaping the testing strategy across various business lines, ensuring alignment with regulatory and firm requirements. Your deep understanding of risk management and control evaluation will be instrumental in identifying and mitigating risks, thereby enhancing compliance and operational risk management. Additionally, your aptitude in stakeholder management will enable you to foster strong relationships with senior stakeholders, including business management and regulatory bodies. Your analytical thinking and problem-solving skills will be crucial in breaking down complex business objectives into manageable tasks and activities. Your role will also involve making impactful decisions, while maintaining compliance with operational policies and precedents. As a leader, you will manage a diverse team, planning and organizing individual and team activities to integrate and coordinate work across various departments. Your role will be integral in ensuring a cohesive and efficient testing framework, contributing to the seamless delivery of quality outcomes.

Job Responsibilities: 

• Lead the development and execution of comprehensive testing strategies for the assigned function's control environment to ensure alignment with SOX, other regulatory frameworks & with the firm's risk priorities.

• Oversee the comprehensive testing processes with precision and accountability to assess the control environment, identify gaps and prepare robust documentation including process documents, process flows, and overview documents that support testing conclusions.

• Manage complex testing initiatives, applying advanced project management skills to ensure timely and efficient delivery of outcomes.

• Oversee and drive issue validation, action plan quality and closure discipline by partnering with control owners to ensure remediation aligns with risk acceptance and compliance expectations.

• Lead stakeholder engagement by facilitating meetings with business owners and stakeholders at various management levels, fostering collaboration across engagements and effectively influencing stakeholders during challenging discussions.

• Make strategic decisions that have a wide-ranging impact throughout the function, using deep knowledge of policies/standards/procedures & risk management practices to ensure accurate implementation of compliance requirements thereby strengthening the firm's compliance and operational risk management framework.

• Manage a diverse testing team by providing guidance, resolving issues, and fostering clear communication to ensure successful engagement delivery 

Required Qualifications, Capabilities and Skills:

• Bachelor's degree in business, finance, or related field; or equivalent work experience. Minimum of 13 years of work experience in controls testing, audit, operational risk management and managing testing processes within a risk & control environment.

• Domain Knowledge: Strong understanding of Risk Management and Compliance 

• Strong stakeholder management skills, with experience in fostering relationships with senior stakeholders and effectively communicating testing strategies and outcomes.

• Advanced proficiency in project management and time management, with a history of delivering results that accelerate business objectives.

• Proven track record of leading diverse teams while strategically planning and coordinating cross-departmental activities to achieve compliance requirements and operational excellence 

• Demonstrated proficiency in advanced analytical thinking and problem solving skills with a track record of systematically evaluating complex situations to extract key insights, coupled with excellent written and verbal communication skills to influence business leaders in a meaningful and actionable manner.

• Demonstrated expertise in MS Office applications, with advanced skills in Excel, Word, and PowerPoint highly recommended.

Preferred Qualifications, Capabilities and Skills:

• Professional qualifications like CA, CPA, MBA Finance, CIA is preferred.

• Audit & control testing background / experience.

• Proven track record in developing and implementing comprehensive testing strategies that align with regulatory requirements and firm policies. 

• Experience with automation and AI-driven testing frameworks is highly desirable, along with the ability to innovate, challenge the status quo and proactively identify automation opportunities.