Title: Fixed Income Senior Control Officer

Location: New York City, NY

Alternative Location: Charlotte, NC

Duration: 6 months

Benefits on offer for this contract position: Health Insurance, Life insurance, 401K and Voluntary Benefits

Summary:

Act as a Business Execution advisor to leadership to drive performance and initiatives, and develop and implement information delivery or presentations to key stakeholders and senior management. Lead the strategy and resolution of highly complex and unique challenges related to Business Execution that require solid analytical skills, extensive knowledge of Business Execution, and understanding of business, delivering longer term and large scale solutions. Provide vision, direction, and expertise to senior leadership for implementing innovative and significant business solutions that are large scale and cross organizational. Lead team meetings or steering committee to facilitate decision making and support implementation of recommendations and plans. Strategically engage with all levels of professionals and managers across multiple lines of businesses and serve as an experienced advisor to the leadership. Provide direction to a cross functional team using business expertise.

Responsibilities:

• Primary risk management contact for the CIB Macro groups with proven knowledge of products, services, processes, systems and customers.

• Continuously engage in discussions with LOB partners on strategy, industry trends, organizational changes, and new/modified markets, systems, products and services, to determine impact and identify and remediate risk issues across all risk types, including financial risks.

• Collaborate with, guide and counsel Risk Control and LOB partners on control design and implementation to mitigate risks.

• Collaborate with, guide and counsel LOB process and control owners for Control Assurance, including identifying where controls reside, managing control changes, evaluating effectiveness and functioning as liaison to control assurance team in Governance & Programs.

• Collaborate with, guide, and counsel LOB partners on matters relating to the identification, formulation, and implementation of Corporate policies, procedures to mitigate risks.

• Ensure a proper LOB profile of applicable regulations and associated controls as well as residual risks and compensating controls are maintained and continuously updated in appropriate systems of record on an ongoing basis.

• Ensure appropriate connectivity, linkage, and integration with in-region international risk management teams accountable for LOB activities in EMEA, Canada, Asia, ANZ, and Latin America.

• Execute and manage the advancement of core risk program requirements such as RCSA, loss capture as well as related enterprise risk programs (BCP, Information Security, Sales Practices, Conduct Risk, etc.)

• Partner with Macro and Middle Office managers and control functions to complete risk program requirements.

• Establishing the product-risk portfolio profile, rating and trend for subject coverage areas across the L1 and L2 risk types defined in the Corporate Risk Management Framework and related RCSA process activities for areas covered.

• Establish the inventory of all relevant business processes, governance channels, internal testing, audit, regulatory engagements and prioritize internal preparation, review routines and the integration with RCSA as applicable.

• Establish regular routines with corporate risk, testing & validation and audit partners to provide transparency into business risk profile and trend.

• Establish a formal communication channel to broadcast risk program updates, risk profiles, policy updates and other key risk program information to the senior leaders of all coverage areas.

• Establish and update regular risk reports for communication of risk ratings, issues and key topics.

• Work with the business and support teams to provide operational risk expertise and consulting for projects and platform initiatives.

• Work within the CIB Business Control Management team to ensure requirements of the corporate risk management programs (CRMPs) are appropriately communicated to and met by the line of business.

• Conduct risk assessments to evaluate the adequacy and effectiveness of policies, procedures, processes, systems, technology and internal controls.

• Analyze business, industry, system changes or other material business environment changes to determine impact, identify and assess operational risk issues.

• Report risk assessment findings through corporate risk reporting channels and develop business cases to influence control owners and business sponsors on the need for additional or improved controls to mitigate risk as applicable.

• Provide reporting, written and verbal updates to LOB risk oversight councils, CIB and Enterprise risk committees as issues/incidents arise that require escalation.

Qualifications:

• Applicants must be authorized to work for ANY employer in the U.S. This position is not eligible for visa sponsorship.

• Strong working knowledge of Capital Markets businesses, its products and services, and relevant risks and controls of the business.

• Working knowledge of the Risk Management Framework (RMF) concepts and policies across risk types (regulatory, financial crimes, credit, operational, etc.)

• Experience in KRI/KPI management.

• Excellent communication skills (verbal, written and interpersonal); ability to concisely articulate complex concepts in a clear manner.

• Strong analytical skills with high attention to detail and accuracy.

• Highly professional, adaptable and pro-active mindset.

• Demonstrated capability to confidently raise issues, escalate early, and engage in constructive credible challenge independently.

• Advanced Microsoft Office skills.

• Technical understanding of specific business operations, processes, products, and customer interactions where they manifest risk.

• Ability to develop high performing, diverse risk structure in a highly matrixed environment.

• Ability to assess and determine when to raise concerns and escalate.

• Pro-actively resolve conflict and maintain objectivity.

• Ability to conceptualize, develop, and deliver quality analysis and highly actionable management information.

• Demonstrated capacity to pro-actively and independently analyze and solve problems and address risks with the business unit’s risk appetite and all risk and compliance program requirements.