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Business Control Specialist - 1 LoD role

  • Location City of London
  • Job type Interim
  • Reference 126019
  • Salary Up to £500 per day
  • Specialisation Risk
  • Posted November 24, 2021

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