Governance and Controls Compliance Analyst - risk management, process documentation and control design- 84003-1

Position Title: Manager, governance and controls // not people leader, working on the ground, control

Positions: 2

Line of Business: Finance, Governance and Control

What does the LOB do?: Team does control testing, maintaining control network, leading certain risk assessments.

Target Start Date: Feb. 3rd, 2025

Duration: Ending May 30th, 2025

Remote/Hybrid: Hybrid - 2 days in office (Wed, Thurs), rest WFH

Office Location: 81 Bay, 26th floor

Responsibilities:

The Manager, Governance and Controls is responsible for working to effectively assess risk related to client accounts, providing risk management investigation and corrective action services that support multi-segment line management as it pertains to regulatory requirements. The role applies advanced understanding of inherently high-risk process for all segments, utilizing strong problem solving skills to investigate, analyze, and provide informed recommendations on compliance issues, quality operational controls, risk assessment, and control activities. The Manager, Governance and Controls uses independent judgement to determine methods and approaches to work, liaising with internal and external sources to obtain, provide, verify, and discuss information and best practices. Acting as a resource integrator for their area, the role independently documents findings of research, analysis, and calculations, developing models, detailed plans, reports, findings and conclusions for use in the decision making process.

• Control activities - Test the design and operating effectiveness of FPC, RCM and OPC internal controls within Finance, including executing the annual internal control test plan for Finance, scheduling and facilitating walkthroughs, perform management testing and following-up on issues or deficiencies raised by Finance Management, The Bank's Global Operational Risk Management, internal/external auditors, regulators and the control performers. In addition, facilitate quarterly assertion process for Finance groups, review and provide feedback on existing process and procedure documents, and participate and support the SOMO (SOCs and Maintenance Officer) with key initiatives and projects (e.g. development of end to end Process Map, COE process documents, etc.), as required

Must Have Requirement:

- 3-5 years financial products (products and processes) and control activities experience

- University degree in Business Management (or equivalent)

- Knowledge of SOCs controls

Nice to Have:

- Background in risk management, process documentation and control design in the context of a financial services organization and/or financial, operational, management and general entity controls to enable the creation of a sound control framework and the continuous improvement in the efficiency and effectiveness of internal controls across the division.

- Banking experience preferred

- OSFI experience would be nice as well

- Completion or working towards an accounting designation