Business Control Officer (Business Partner Support for Asia)
Business Control Officer (Business Partner Support for Asia)
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
As part of the centralization and standardization of the risk management activities the BCO performs Business Control functions for Wholesale Banking which includes but not limited to Implementation of Control Standards Risk Assessments Key Control Monitoring and Evaluation activities to support the Wholesale Banking branches and representative offices. This is to ensure that the Wholesale Banking is safe and that the entity is in control and can prove that to the company regulators and the external world.
BCO interacts with the senior management team and stakeholders of the different locations and departments and reports to the BCO Expert Lead.
Key Responsibilities
- Provides advice and support to the WB business / locations with regards to 1st line Business Control and/or Non-Financial Risk (NFR) management. This includes amongst others support on risk assessments risk mitigation & issue tracking control execution and monitoring & quality assessment.
- Flags and identifies risks and helps in implementing risk-mitigating measures with the management team / stakeholders.
- Serves as an expert point of contact and sparring partner for stakeholders
- Creates balanced risk awareness by making non-financial risk/1st line business control simple and understandable for the entity or local management and others involved
- Coordinates with Control Owners to attain an adequate and effective implementation and execution of controls including mitigating identified risks in associated relevant business processes.
- Plans and aligns regional or local implementation planning to requirements set from Head Office taking regional and local capacity and requirements into account
- Monitors progress of implementation and reports back to local management and regional/global Risk and Control function including if there are any roadblocks to implementation
- Works with centrally identified risks related to Key Controls and be able to facilitate required Risk Assessments within the entities and locations responsible for in line with the NFR Risk Identification & Assessment (RIA) Procedure
- Monitors progress of Risk Assessment completion and reports back to local management and regional/global Risk and Control function including necessary follow ups needed from relevant parties if there are any roadblocks to implementation
Required Experience:
Unclear Seniority
Employment Type
Full-Time
