Business Control Specialist - 1 LoD role

Business Control Specialist - 1 LoD role

Investigo are supporting a Wholesale Bank with the recruitment of a Business Control Specialist on an interim day rate contract basis.

The main purpose of this role is to support the appropriate governance and oversight of the banks Non-Financial Risk Frameworks including, implementation of new frameworks and monitoring of appropriate control effectiveness.

Your activities will be across the following areas:

CISO; Fraud-Management; Business Continuity; Operational Resilience; Sourcing; Data; End User Computing; Compliance frameworks being transferred from 2LoD; governance; strategy & approach; converting relevant local regulatory requirements into effective local policies and procedures; Implementing and executing controls for oversight.

This is a 12 month maternity cover and the role is Inside IR35, the day rate is £500 per day via umbrella or £437 per day via PAYE. The role is 3 days per week in the office and 2 days per week work from home.

Key Responsibilities:

• Coordinate the monthly COO Risk Forum, reporting into the Non-Financial Risk Committee (NFRC)
  • Minuting the meetings
  • Reviewing team submissions
  • Summarising outcomes for submissions to the NFRC
• Work with internal management and business lines in order to identify any weaknesses and implement new control standards
• Facilitation of risk assessments and gap analysis with regards to implementing new control standards
• Periodic reviews of existing processes and frameworks
• Assist control owners with implementing solutions and controls that close or minimise any identified control weaknesses or gaps
• Support outsources testers with undertaking Key Control testing (TOD and TOE)

Experienced Needed:

• Experience of working in a large financial institution
• Experience of working for a wholesale banking institution
• Good knowledge of non-financial risk management
• Good understanding of UK regulations and regulators
• Previous experience of Agile working