USA Associate, Business Control & Risk Management -RCSA Control Testing

Austin, United States of America

The Chief Data Office Shared Services RCSA Control Testing function is owned and managed by the first line of defense (1st LOD). The RCSA Testing team provides an independent assurance on the risk and control environment towards meeting applicable laws, regulations, and guidelines for Commercial Banking, Consumer & Business Banking and Operations. The goal of the RCSA Testing team is to support compliance with regulations and requirements and facilitate the assessment of the control.

Duties & Responsibilities:

• Execute the control assessment phase of RCSA annual plans. The results provide critical information for management to understand the control environment of their business and meet requirements for the assessment, mitigation and reporting of risks and internal controls for the Bank.
• Review various business processes and assess the adequacy of controls designed to mitigate the risks identified.
• Execute against Control Design Assessment and/or Control Performance Assessment for all assigned controls.
• Draft and execute test procedures to assess operating effectiveness of controls for in scope RCSA processes.
• Obtain, examine and analyze records from various systems, reports, operating practices, and documentation for compliance with bank policies, regulatory compliance and adherence to appropriate procedures.
• Ensure proper utilization of bank policies and line of business procedures.
• Partner with the business to enhance or implement controls to address deficiencies.
• Participate in special projects as directed by the Testing Manager.

• Bachelor's Degree; Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field.
• Master's degree in accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field.
• 5+ years; Risk Management, Internal Controls, Auditing, relevant line of business experience and/or legal or regulatory experience.
• Proficiency with Microsoft Office Suite including Excel, PowerPoint, Word, and Visio.
• Ability to build positive relationships with team members across the organization.
• Ability to interact successfully with a variety of business partners across the organization including transaction banking, legal, compliance, technology and operations, to ensure risks are mitigated and compliance with relevant policies and procedures.
• Strong organizational skills with the ability to work in dynamic environment, that demands the ability to manage multiple, and often competing priorities.
• Understand complex business processes, risks and controls in manual / automated environment.
• Strong analytical and problem solving skills.
• Strong oral and written communication skills and the ability to summarize and present complex information and issues succinctly for the required target audience.