• CRE and CSec CCO Control Manager - Control Expert, GSCs Jobs in Hyderabad,India - 23834207

  • HSBC
  • Save Job
  • 0 - 3 Years
  • Posted : above 1 month

Job Description:

Raising awareness and understanding of risks, controls and risk management

Share best practices in relation to risk management and controls operation in line with ORMF

Ensuring risk and control standards are considered and incorporated in initial design of new processes and influencing design of automated & manual controls

Identifying, analysing and raising awareness of new and emerging risks, emerging issues and trigger events with deployed key controls

Driving effective design, analysis and remediation of control measures by

Working with CRE / CSec and respective Risk Stewards to design key controls, key control indicators, evidence requirements and tools to ensure control effectiveness

Validating effective operation of control measures which could include RCA, KRIs, KCIs, Continuous Control Monitoring (CCM) , Attestation control operation, test approaches, reviews, audits, judgment based attestations, supplier audits, sampling of supplier procedures

Monitoring and analysing control measures to form opinions on control environment, form risk assessments, advise on remediation plans

Working with the CCO testing CoE to implement an effective testing strategy for key controls, including input on how to test controls; test scripts; populations/samples; evidence requirements; frequency; automation of testing; CCO testing process and testing of processes CRE has outsourced (ie to Procurement)

Supporting the review by CRE and CSec of internal and external trigger events

Supporting the analysis of root cause to internal and external events by CRE and CSec and providing guidance to CRE and CSec on effective remediation measures

Supporting automated techniques, tools and technology in relation to testing of controls and enhancing the control environment

In conjunction with CRE and CSec, develop and monitor risk remediation program activities and actions to ensure progress and path to green within acceptable timelines

Working with CRE and CSec to define and execute risk communication in relation to CRE and CSec top risks (including new and emerging top risks) and in relation to improving both the risk management culture and engagement across CRE and CSec

Perform deep dive reviews on risk & control environment by

Performing risk assessment deep dives typically initiated by trigger events such as internal and external events

Quality assurance on CCM (control design & operations)

Conducting End to End deep dive reviews in a timely manner, by those with appropriate expertise

Increased use of technology and alternative methodologies to measure control effectiveness

Effective use of analytics to identify potential new and emerging risks

Evidence of robust challenge, intervention and escalation of significant risks

Feedback from CCO, CRE and CSec leadership teams

Evidence of early, proactive identification and execution of control and risk interventions

Timely provision of relevant information to stakeholders

Customers / Stakeholders

Provide controls consultancy, advice and guidance by

Providing controls consultancy, advice and guidance to CRE and CSec and other stakeholders, including guidance on design and efficient operation of controls, evidence requirements and testing requirements to ensure that new developments / changes, build in controls requirements from commencement

Providing controls advice and guidance to CRE, CSec and other stakeholders in remediation activities, to ensure that new remediation is effective, complete, sufficient and sustainable

Providing ongoing support and advice to CRE, CSec and other stakeholders in development and operation of key controls and ongoing management oversight

Contributing to proposed operational risk policy for CRE and CSec and likely impacts to ensure compliance with HSBC Group standards

Providing advice, guidance and challenge to Risk Owners, Control Owners, Risk Stewards, CRE and CSec to drive quality conversations about efficient and effective control operation and adhering to the ORMF and operational risk policies, to ensure that use of the ORMF is embedded across HOST

Providing expert advice to Risk Owners in the completion of scenario assessments

Ensure that all communications are concise, precise and impactful

Meeting needs of CRE and CSec to help perform their role both timely and effectively

Positive and constructive feedback

Regular and timely communication to CRE, CSec and other stakeholders

Successful implementation of the NFR Programme within CRE and CSec

Leadership & Teamwork

Role model a positive internal risk and control culture across CRE and CSec, including in-country teams, and shape the climate, tone and environment in which people work

Make considered decisions that protect and enhance HSBC values, reputation and business

Lead on the execution and remediation of thematic reviews / investigations / compliance reviews in response to internal or external events within CRE and CSec

Partner with and appropriately challenge Risk oversight functions and Internal/External Audit to ensure a holistic view of risk profile

Stakeholder feedback, 11 meetings, objectives & performance reviews output

Evidence of agreed seniority of Risk and Control ownership

Demonstrate awareness of all Audit and Regulatory engagements for area

Operational Effectiveness & Control

Apply and critique definition and application of policies, control standards and procedures by

Working with CRE and CSec to influence definition of policies and control standards

Implementing clear policy framework across dispensations and waivers

To share best practices and enhance the control framework and contribute towards reduction of findings noted in Group Audits, Internal Control reviews, 2LoD reviews etc

Provide tailored solutions which aim to meet and exceed stakeholder expectations

Successful, timely implementation of audit and 2LoD recommendations

Identification & implementation of best practice, standard tools and improvements to the Risk Management Framework

Positive outcome from 2nd and 3rd line reviews

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry :
  • Banking -General
  • Functional Area : Banks/Insurance/Financial Services
    Role :
  • Salary : As per Industry Standards
    Deadline : 15th Apr 2020

    Key Skills:

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