Internal Control Specialist

Job Opportunity:

• We are seeking an Internal Control Specialist to perform key control testing in a global banking environment.
• The role involves contributing to risk management practices by evaluating the effectiveness and existence of controls against best practices, regulations, minimum standards, policies, and procedures.

About the Role:

• This position entails interacting with stakeholders from diverse countries around the globe.
• As part of a KCT Circle, you will be working collaboratively with a pool of key control testers.
• You will report directly to a service delivery lead and circle lead.

Key Responsibilities:

• Conducting key control testing from a first line of defense perspective in accordance with Global Procedure Non-Financial Risk Key Controls Identification, Monitoring and Evaluation and/or SOx Content Binder.
• Performing readiness checks with Single Point of Contact (SPOC) for controls to be tested prior to testing execution.
• Understanding processes and performing walkthroughs of various financial, operational, regulatory, and compliance processes.
• Reviewing the design and operating effectiveness of key controls in a financial or banking setup to comply with minimum standards, policies, procedures, and other regulatory and reporting requirements such as SOx, GDPR, ISAE, etc.
• Monitoring and providing reports on progress and status of tasks mentioned above to Control Owners and/or SPOC.
• Documenting test results, providing viable recommendations, and articulating risks for identified issues or deviations.
• Coordinating the Key Control Testing process from start until conclusion in accordance with ING policies, ING continuous planning, and circle planning.
• Identifying improvement areas in processes and pushing for ideas that result in process efficiency and additional controls.
• Overcoming impediments through adequate articulation of the situation and timely escalation.

Required Skills and Qualifications:

• Independently perform key controls testing with minimal supervision, demonstrating thorough understanding of risk and controls relationship.
• Navigate complex organizations through resourcefulness, meaningful inquiry, and critical thinking. Experience showcasing project management is an advantage.
• Work with various application systems and identify risks associated with their use and required controls.
• Generate improvement ideas continuously. Completing white belt projects with related FTE saves is an advantage.
• Proficient in basic MS Office applications (Outlook, Word, Excel, PowerPoint) for documenting work. Experience with advanced tools like Power Automate or Power BI is an advantage.
• CIA/CPA certification is an advantage.
• 2 years of experience in external or internal audit or a similar nature is an advantage.

Minimum Qualifications:

• Performed key control testing cycle, including understanding process, conducting walkthroughs, performing testing, documenting results, and concluding evaluation.
• Good understanding of risk and controls concept.
• Knowledge and/or experience with SOx, controls related to financial statement close process, financial statements disclosures, end user computing, financial and regulatory reporting, Wholesale or retail banking products, KYC, US withholding tax, FATCA, GPDP, and other bank-related processes or standards is an advantage.
• Excellent communication skills (both verbal and written).
• Able to thrive in dynamic and challenging environments.
• Able to navigate ambiguity while resisting stress and maintaining composure.
• Deliver commitments in a timely manner.
• Comfortable with daily task tracking.
• Comfortable with doing tasks outside normal job responsibilities (stretch goals).

Benefits: