USD Clearing & Payments – Operational Conduct Risk Manager
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Posted on:
9 days ago
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1 Vacancy
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Job Summary
Overview:
TekWissen is a global workforce management provider headquartered in Ann Arbor Michigan that offers strategic talent solutions to our clients world-wide. Our client is a company who is a provider of banking and financial services. The company operates through two divisions Retail Banking and Services and Corporate and Institutional Banking
Position: USD Clearing & Payments - Operational Conduct Risk Manager
Location: Montr al QC
Duration: 15 Months
Job Type: Temporary Assignment
Work Type: Onsite
Job Description:
Business Overview:
- USD Clearing & Payments is a Front to Back Group team responsible for processing and controlling all the US Dollar payments (in and out) of the Client affiliates (branches and entities).
- The Operational Permanent Control (OPC) function is critical to ensure the soundness of the control framework which ultimately translates into excellence in payments delivery for the clients of the Group.
- As an OPC your job will be to contribute to the monitoring and maintenance of the permanent control framework of USD Clearing & Payments reporting to the Head of USD Clearing and Payments OPC.
- You will also significantly contribute to i) the maintenance of a strong governance to report and escalate OPC findings and observations and ii) reporting the status of the control plan to the governance of USD Clearing & Payments.
- To be successful you will be collaborating with the different departments of USD Clearing & Payments as well as with the 2nd line of defense (Risk and Compliance).
- In this role you will see a direct link between your work the team growth and impact and keeping a robust and strong control framework.
Responsibilities:
- Perform delivery of 1C control execution and reporting in a timely manner.
- Ensure control integrity of the data throughout the reporting production (ie. trackers checklists governance decks).
- Observe the bank policies and procedure as USDCP P&P Custodian performing bi-weekly procedure cascade monitoring &quality reviews when prompted.
- Perform mandatory training monitoring for USDCP staff with breach prevention focus.
- Monthly Key Risk Indicator Monitoring & Controls Reporting to Sr. Mngt and/or TOPC as needed.
- Perform ad-hoc reporting/controls when requested by Senior USDCP Management.
- Prepare preliminary OPC Management Meeting governance documentation which provide monthly OPC control results to Senior Management minuting meetings and leveraging control results contributing to USD Clearing OpCo and Sub ICC.
- Contribute to other parts of the OPC mandate as needed.
Qualifications Minimum:
- Around 5 years experience in an Audit or Control role experience
- 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 Power Point) with advanced technical skills particularly working with spreadsheets and databases is a plus
- Strong problem solving and quantitative skills
- High ethical standards
TekWissen Group is an equal opportunity employer supporting workforce diversity.
