Job Description

Duration: - 12 months

Responsibilities:

• Comfortable with front to back Corporate Banking and Global Markets processes and products with focus on control execution in the Front office and Back Office operations.
• Interest and basic level of understanding of key Regulatory matters and Compliance principles such as Financial Security and Client Interest Protection.
• Able to identify gaps between controls and key operational risks and recommend remediation actions while respecting the efficiency of the process.

• Perform Operational Permanent Control (OPC) oversight controls over the USD Clearing team ensuring key risks are adequately covered by effective and efficient controls.
• Follow up on remediation actions subsequent to OPC control findings.
• Assist in preparation of OPC Management Meeting governance documentation; providing monthly OPC control results to Senior Management; minuting meetings and leveraging control results to contribute to USD Clearing OpCo and Sub ICC.
• Perform bi-weekly Group policies cascading and monitoring of applicable updates of USD Clearing Procedures as point of contact & gatekeeper.
• Perform monthly Key Risk Indicator Monitoring & Controls Reporting to Transversal OPC.
• Perform key monitoring such as training completion, procedure renewal, employee attestations, etc.
• Enrich current controls and procedures, draft new control procedures, or BRD to enhance data availability for OPC controls as needed.
• Assist in requests from Internal Audit, Compliance, Risk and Regulators as needed.
• Participate in the Risk Controls Self- assessment: organize interviews, memorialize minutes, translate into the risk and control template framework, reconcile with procedures, document the quantification of the risks and develop/adjust controls accordingly as needed.
• Contribute to other parts of the CPO mandate as needed.
• Contribute to ad hoc projects or tasks related to the improvement of processes and/or controls supporting the CPO & OPC mandate.
• Participate in cross training & execution of applicable OPC controls supporting the USDC&P mandate as needed.

• Experience in the measurement of Operational Risk and the Internal Controls Framework in Financial Institutions is a plus.
• Undergraduate degree with a preferred emphasis in math, finance or business related majors.
• Good knowledge of the financial / banking industry and of the bank?s operations, in general.
• Good knowledge of Payments Operations (SWIFT, CHIPS, FED, Correspondent Banking?) is a plus.
• Proficiency in Microsoft Office (Excel, PowerPoint) with advanced technical skills particularly working with spreadsheets and databases is a plus.
• Strong problem-solving and quantitative skills.
• High ethical standards.

• Graduate degree a plus.
• Very strong work ethic and ability to deal with confidential information.
• Flexibility to adapt to a new and changing environment.
• Strong communication skills, rigorous and attention to detail.
• Exposure to regulatory rules applicable to USD Clearing and Payments.
• Ability to work well with others as well as autonomously in a fast-paced environment.
• Creativity in developing new ideas and approaches.
• Time and project management to meet rigorous deadlines on multiple concurrent tasks