VP, Business Control Monitoring Officer

Job description

Description The Business Control Monitoring Officer is responsible for designing, evaluating and monitoring the effectiveness of operational controls within the First Line of Defense. This role works closely with business units to ensure that key controls are properly designed, operating effectively, and aligned with internal policies and regulatory requirements. The position plays a critical role in daily, weekly and quarterly monitoring while supporting risk mitigation and enhancing the overall control environment. - Design procedures and processes for inception of Control Monitoring Team - Execute control testing and monitoring activities across business processes to validate design and effectiveness of controls (daily, weekly, monthly) - Identify, document and report control gaps, process weaknesses, or emerging risks and recommend remediation actions with urgency - Collaborate with business partners to track and verify timely closure of control issues and findings - Support execution of the Risk and Control Self-Assessment (RCSA) process by providing input on control performance and testing results - Develop control monitoring dashboards and reports for management and governan...