Middle Office Control Testing Role - Banking & Finance

BE | BTech | MCA | OR equivalent degree in Computer Science, IT, or a related field candidates having 8-15 years of experience in Banking, Financial Services, Risk Management, Product Control, Compliance, Operational Risk, or Third Party Risk Management.

• Experience working within global financial institutions, regulatory bodies, or consulting organizations.
• Strong understanding of risk management frameworks, governance processes, and regulatory expectations.
• Prior experience interacting with Internal Audit, Compliance, and Regulatory stakeholders.

Key Responsibilities:

Stakeholder Management & Governance:

• Act as a key liaison with a broad spectrum of stakeholders, including:

• 1. Second Line of Defence (2LoD)
• 2. Group Operations Executives and Regional Forums
• 3. Business Risk & Control Management (BRCM)
• 4. Risk Management Meetings (RMM)
• 5. Procurement stakeholders
• 6. Third Party Relationship Owners (TPROs)
• 7. Third Party Engagement Managers (TPEMs)
• 8. Risk Domains and Risk Stewards
• 9. Internal Audit, External Auditors, and Regulatory Authorities

• Support governance forums and provide risk insights to senior management.
• Influence stakeholders to drive control enhancements and remediation activities.

Third Party Risk Management & Regulatory Compliance:

• Assess and monitor third-party risk management frameworks and controls.
• Ensure adherence to internal policies, regulatory requirements, and industry best practices.
• Perform control evaluations across onboarding, monitoring, and ongoing oversight processes.
• Support regulatory reviews, audits, and risk assessments related to third-party engagements.
• Drive remediation plans and ensure timely closure of identified control gaps.

Markets Controls & Product Control Oversight:

• Perform P&L analysis and production process reviews for Global Markets trading desks.
• Review and challenge:

• 1. New Trade P&L
• 2. Market Environment P&L
• 3. Carry P&L
• 4. Cancel & Amend P&L

• Produce and validate Value-at-Risk (VaR) and non-VaR P&L attribution results used in back-testing processes.
• Upload and present results to management along with commentary and analytical insights.
• Investigate and resolve production exceptions by collaborating with Product Control and Risk teams.
• Perform balance sheet analysis, reconciliations, and control activities.

Risk & Controls Testing:

• Execute preventive and detective control testing across trading and operational processes.

Preferred Domain Expertise (One or More):

• Operational Resilience Risk
• Regulatory Compliance Risk
• Markets Risk & Controls
• Product Control