Strategic Remediation Oversight Manager
About the Job:
This newly created manager position is part of the Global Regulatory Affairs Office, reporting to a Director within Strategic Remediation Validation Testing. The successful candidate will bring proven expertise in financial services assurance and validation testing activities.
Key Responsibilities:
* Lead a Strategic Remediation Quality Control Testing Team, ensuring the successful execution of the quality control testing program in accordance with established procedures.
* Oversee and implement quality control testing methodologies and build-out of the local quality control testing team.
* Lead and manage quality control testing and validation of significant remediation activities within assigned areas of responsibility, ensuring execution in accordance with established time frames and procedures.
* Assign work to team partners, sets priorities and monitors activity in line with team standards and methodology.
* Ensure that quality control testing scope is appropriate and covers key deliverables as defined by department standards and procedures.
* Provide effective review and challenge of significant remediation deliverables to ensure quality of design, implementation and sustainability.
* Identify critical gaps in completed remediation activities, present feedback in management forums, including regional and global senior management/risk committees across business, risk, and compliance, in advance of the formal submission to the regulators/Audit.
* Provide clear and direct feedback to team members on their quality control testing work products to ensure sufficient documentation is prepared to support closure rationale/conclusions for internal auditors and regulators.
* Responsible for staying current on regulatory rules and changes within the industry.
* Maintains familiarization and technical expertise with the assigned business unit(s) including organizational structure, personnel, activities and products, new product development, financial performance and risk and problem area.
* Demonstrate excellent communication and leadership to influence a wide range of senior stakeholders.
* Interact and partner with senior management to provide feedback and challenge on the quality of remediation activities.
* Responsible for the issuance of quality control testing reports for responsible areas to ensure clear, concise, and timely communication of risks and issues to senior and executive management.
* Also, performs peer reviews of other Quality Control Team's reports when necessary.
Requirements:
* Extensive experience in financial services, within a financial institution, or similar consultancy experience in the financial services industry.
* Direct internal audit or control testing management experience.
* Test plan writing and execution - Ability to approve, draft, and execute, a formal quality control/validation testing plan that considers the organization's risk profile, regulatory/legal requirements, and current risk trends.
* Demonstrate strong initiative, sound decision-making, analytical and intuitive mind-sets, political awareness, and sensitivity to cultural diversity.
* Experience in executing high quality, high value internal testing programs for large businesses or regulated environments.
* Ability to work through critical issues and realign priorities and deliverables as needed.
* Ability to form evaluative judgment(s) based on analysis of information in complicated, unique and dynamic situations.
* Superior analytical and organizational skills.
* Ability to form evaluative judgment(s) based on analysis of information in complicated, unique and dynamic situations.
* Understanding of position and relationship within the overall function to achieve objectives.
* Ability to communicate effectively in both oral and written forms, with all levels of staff and management.
Benefits:
* As a Northern Trust partner, greater achievements await.
* You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
* Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve.
Join Our Team:
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