North Carolina Staffing
Controls Monitoring and Testing Consultant
North Carolina Staffing, Charlotte, North Carolina, United States, 28245
Compliance Monitoring Role
Responsible for executing compliance monitoring indicators for assigned business unit/corporate function. Support the effective execution of risk and control assessments, change risk initiatives, and aggregated control environment monitoring and trend analysis with the goal of minimizing losses for the Enterprise. Essential Duties and Responsibilities: Lead and guide the ongoing design, execution, and continuous improvement of control monitoring of all risk types within business units to ensure accuracy, consistency, and aggregation. Conduct key control assessments on a regular basis (adhering to Enterprise deliverables) to evaluate Business Unit adherence to corporate standards related to internal controls. Ensure effective and appropriate testing, validation, and documentation of review activities for risk programs, risks, and controls. Incorporate results of quality monitoring activities, 2nd line testing, SOX testing, and complaints reporting in control environment assessments and issue identification. Interpret aggregated testing and monitoring results and identify trends and issues related to key controls across business units. Evaluate and test control environment effectiveness related to change management initiatives. Work with and oversee the preparation of regular analysis and reporting of control monitoring and control testing results. Make recommendations and provide practical solutions for the update of Business Unit control, policy, procedure, and risk/control documentation. Address material issues with senior management, including technical discussion of root cause and evaluation of corrective action plans. Collaborate with Business Unit and Risk Management partners as necessary to execute on key operational risk initiatives and assessments for the Division. Qualifications: Required Qualifications: Bachelor's degree, or equivalent education and related training. Four years of experience in a financial institution with emphasis on risk management, audit, operations, process engineering, or line of business specialty and/or equivalent education, training, and experience. Solid knowledge of risk management principles and controls, broad-based business practices, and understanding of business process and regulatory requirements. Ability to lead quality assurance and process improvement efforts in a corporate environment. Excellent organizational skills and ability to lead and manage projects independently as well as in a team setting. Strong interpersonal skills which allow effective working relationships with various levels within the organization. Conceptual ability to analyze problems and devise solutions, including quantitative analysis and research skills. Excellent verbal and written communication skills. Excellent time management and organizational skills with the ability to manage multiple projects simultaneously; ability to operate without close supervision. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products. Preferred Qualifications: Knowledge of regulatory requirements for financial institutions OR consumer lending processes. Excel proficiency. Excellent communication skills, both spoken and written. Understanding of risk management framework. Ability to clearly and concisely document monitoring procedures, results, root causes, and action plans. Capability to work independently while contributing to a strong, geographically dispersed team. Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
Responsible for executing compliance monitoring indicators for assigned business unit/corporate function. Support the effective execution of risk and control assessments, change risk initiatives, and aggregated control environment monitoring and trend analysis with the goal of minimizing losses for the Enterprise. Essential Duties and Responsibilities: Lead and guide the ongoing design, execution, and continuous improvement of control monitoring of all risk types within business units to ensure accuracy, consistency, and aggregation. Conduct key control assessments on a regular basis (adhering to Enterprise deliverables) to evaluate Business Unit adherence to corporate standards related to internal controls. Ensure effective and appropriate testing, validation, and documentation of review activities for risk programs, risks, and controls. Incorporate results of quality monitoring activities, 2nd line testing, SOX testing, and complaints reporting in control environment assessments and issue identification. Interpret aggregated testing and monitoring results and identify trends and issues related to key controls across business units. Evaluate and test control environment effectiveness related to change management initiatives. Work with and oversee the preparation of regular analysis and reporting of control monitoring and control testing results. Make recommendations and provide practical solutions for the update of Business Unit control, policy, procedure, and risk/control documentation. Address material issues with senior management, including technical discussion of root cause and evaluation of corrective action plans. Collaborate with Business Unit and Risk Management partners as necessary to execute on key operational risk initiatives and assessments for the Division. Qualifications: Required Qualifications: Bachelor's degree, or equivalent education and related training. Four years of experience in a financial institution with emphasis on risk management, audit, operations, process engineering, or line of business specialty and/or equivalent education, training, and experience. Solid knowledge of risk management principles and controls, broad-based business practices, and understanding of business process and regulatory requirements. Ability to lead quality assurance and process improvement efforts in a corporate environment. Excellent organizational skills and ability to lead and manage projects independently as well as in a team setting. Strong interpersonal skills which allow effective working relationships with various levels within the organization. Conceptual ability to analyze problems and devise solutions, including quantitative analysis and research skills. Excellent verbal and written communication skills. Excellent time management and organizational skills with the ability to manage multiple projects simultaneously; ability to operate without close supervision. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products. Preferred Qualifications: Knowledge of regulatory requirements for financial institutions OR consumer lending processes. Excel proficiency. Excellent communication skills, both spoken and written. Understanding of risk management framework. Ability to clearly and concisely document monitoring procedures, results, root causes, and action plans. Capability to work independently while contributing to a strong, geographically dispersed team. Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.