The Business Control Management (BCM) ED will lead the GCB LATAM team. The BCM’s primary responsibility is to support GCB Senior Business Executives to implement a robust first line of defense control environment with strong oversight and governance. In addition, he/she will interact with multiple line functions, including: Global BCMs, Audit, Compliance, Product and Financial Control, Business Management, WKO, Technology and Operations.
Control Management focuses on four areas:
- Control design and expertise
- Risks and controls identification/assessment
- Control breaks and resolution – Issue and Action plan management
- Control governance & reporting
Role responsibilities:
- Lead proper review, assessment and oversight of inherent and emerging risk and control issues.
- Escalate relevant issues and coordinate proper root cause analysis and resolution.
- Produce and present materials which provide clear insight and analysis into the current risk issues and trends relevant to the business.
- Work with business and support partners to develop and implement appropriate action plans.
- Monitor and support compliance with regulatory requirements (Cross border, Licenses & Registrations, Conflicts, etc.)
- Understand the local regulatory compliance landscape and support regulatory change governance.
- Perform ongoing analysis of program related data (e.g., KRI/KPI) and develop ad-hoc reports as requested to support control-related programs and strategies
- Provide control related due diligence to business units to foster a proactive risk and control culture.
- Help establish/reinforce control governance and reporting to identify meaningful metrics to inform on health of operational risk and control environment; escalate control breaks based on key reporting indicators; and provide input to control committees and forums.
- CORE (Control and Operational Risk Evaluation): perform and document control evaluations. Participate in global CORE governance meetings.
Required qualifications, capabilities and skills:
- Exceptional organizational and follow-up skills
- High level of motivation and diligence
- Partnering and influencing skills
- Clear and concise in verbal and written communication
- Knowledge of investment banking products / business
- Understanding of end to end control process and reporting requirements
- Key focus on attention to detail
- Strong set of problem solving and re-engineering skills