Risk Control Specialist Job Description
Risk control specialist
provides governance and guidance to ensure compliance with Barclays Group and local risk and control Premises and Security policies, standards, frameworks and procedures.
Risk Control Specialist Duties & Responsibilities
To write an effective risk control specialist job description, begin by listing detailed duties, responsibilities and expectations. We have included risk control specialist job description templates that you can modify and use.
Sample responsibilities for this position include:
Support reporting and monitoring of metrics and Key Risk Indicators (KRI) at the product line and divisional levels
This role will provide Risk coverage in Baltimore
Control and Report performance on financial risks
Enhance risk measurements by analyzing performance/outcome based on changes in yield curves, FX-rates and basis-spreads
Set up new instruments, portfolios and counterparts
Set FX rates for Group Reporting
Helps to develop pre-loss consulting strategy, including diagnostics
Able to take ownership for your own career management, while seeking opportunities for continuous development of your personal capability and improved performance contribution
Experienced in acting as a role model for new employees, providing help and support to facilitate early integration and assimilation to their new environment
Able to support tough people decisions, to ensure people performance is aligned with organisation imperatives and needs, while addressing individual performance issues, where necessary, to drive for high performance
Risk Control Specialist Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Risk Control Specialist
List any licenses or certifications required by the position: CISA, AML, DFA, PMP, CISSP, CCSA, CPA, CIA
Education for Risk Control Specialist
Typically a job would require a certain level of education.
Employers hiring for the risk control specialist job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Business, Education, Economics, Accounting, Engineering, Management, Business/Administration, Military, Financial Services
Skills for Risk Control Specialist
Desired skills for risk control specialist include:
Legal codes
Laws
MSHA
ANSI
Procedures and processes involving insurance
CPSC
Analysis and problem decomposition techniques
Process Risk and Control frameworks
Organization
ANSI and DOT
Desired experience for risk control specialist includes:
Plan, lead and support stakeholders in remediation of vulnerabilities
Act as an escalation point of contact for team members, vendors and stakeholders
Be able to review scope for penetration testing and risk ratings for vulnerabilities
Be able to deliver projects under rigid schedule
Be able to track and close security topics such as open high risk findings or assessments
Provide technical advice to Senior Management on security topics
Risk Control Specialist Examples
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Risk Control Specialist Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of risk control specialist. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for risk control specialist
- Regularly reviewing and updating test plans to reflect change in the organization and in the overall risk and control environment
- Proactively engaging with Group Audit, Divisional Risk and Control staff, Chief Information Security Office (CISO) and External Regulators in terms of the forward audit programme and the provision of professional support throughout the risk and audit lifecycle
- Supporting operations staff within CTO including initiating audits, managing fieldwork, evaluating and agreeing the potential risks with audit staff and CTO Subject Matter Experts (SME), drafting Specific Measurable Achievable Relevant Timeframe (SMART) Management Action Plans (MAPs), to remediate risk and agree the SMART closure criteria with auditors
- Continuously improving work to agree closure criteria against industry best practices
- Monitoring and supporting issue remediation, through to the closure of the findings
- Providing training, briefings and support on risk and regulatory policies and processes
- Working with the Chief Information Office (CIOs) and their staff to develop risk control measures, in order to provide automated reporting of control indicators and a proactive capability to identify and remediate risks and issues in a timely manner
- Providing analytic and reporting services to the Head of the Chief Operating Office (COO), Division Risk & Control Organisation (DCRO)
- Managing the Risk, Regulatory and Control (RRC) governance framework within CTO, including representing CIO at COO risk and regulatory governance meetings, supporting CIO CTO RRC Executive Committee (EXCO) governance meetings and running CTO RRC working level governance meetings
- Proactively engaging with General Practitioner (GP) Audit, Divisional Control & Regulatory Office (DCRO) Audit and Regulatory staff, in terms of forward audit programme planning and continuous improvement work to agree ‘SMART’ closure criteria against industry best practice, training and standardising requirements, developing CTO training/briefing material and developing templates
Qualifications for risk control specialist
- Work on RFI/RFP topics, be able to converse with Global sourcing and legal team for contracts, Master Service Agreements and Non Disclosure Agreements
- Develop presentations to Senior Management on new initiatives or budget approvals
- A strong understanding of security vulnerability concepts and exploitation methods
- Ability to make independent investigations and to put forward recommendations within areas of responsibility
- Corporate influencing skills
- Bachelor degree in Finance, Business Administration, Mathematics or equivalent
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Risk Control Specialist Job Description
Job Description Example
Our growing company is looking for a risk control specialist. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for risk control specialist
- Working with capability and associated tools, in order to provide automated reporting of control DCRO and Operational Risk Management (ORM) over risk acceptance for SIIs and audit findings/actions and working with DCRO over the 3 Lines of Defence risk assessments to minimise the impact on CIO areas
- Providing technical assurance to ensure solutions are aligned to strategic programmes and working with Engineering Services over aligning audit findings with strategic programmes
- Supporting weekly and monthly CTO ExCo and working level RRC meetings to review/take action on Items to be escalated to a COO ExCO level and decide the issue & action ownership for cross CIO audit findings
- Monitoring the Global Finding Management System (GFMS) tool, for tracking Issue remediation and providing support to CIO operational staff, to ensure that target dates are met and the zero overdue target for COO is met
- Developing and maintaining the CTO RRC process lifecycle, as it applies to CTO
- Supporting the development of the integrated control framework indicators, in order to deliver a proactive capability to identify and remediate risks and issues in a timely manner
- Reducing current resource intensive manual reporting
- Ensuring information is comprehensive, relevant, based on golden sources, timely and accurate
- The ability to work as part of a globally based team
- The ability to operate at all management levels of the company up to CIO level
Qualifications for risk control specialist
- Experience of fixed income-, equity- and Foreign Exchange market
- Fluent in English and preferably in a second language
- 4 year college degree is a must, preferably in Health and Safety Management
- Minimum 10 years of construction safety experience
- Bachelor’s degree in business, engineering, technology or a related field is highly preferred
- Minimum 10 years’ experience in similar role required and/or equivalent combination of education and experience
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Risk Control Specialist Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of risk control specialist. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for risk control specialist
- Data Protection assessments/gap analysis, assessing controls across the lifecycle of personal data
- Advising organisations on Data Protection best practice and leading data protection advisory engagements including but not limited to delivering policies/procedures, training/awareness, personal data inventories/lifecycles, control re-design to clients
- Supporting and delivering internal audit data protection reviews
- To assist in the maintenance of the Claims Risk and Control framework used to monitor claims staff by way of call and file reviews
- To conduct the fieldwork as defined within the Terms of Reference and to collate and analyse the results in a clear and logical manner
- Monitor all key risks ensuring that controls are performed and the outcome reported to the appropriate stakeholders
- Developing key risk indicators and modeling limits
- Researching and recommending operational risk measures
- Provides quantification and analysis of exposures to commodity risk, interest rate risk, foreign exchange risk and equity risk using OpenLink (risk system) and other analytical tools
- Guides the quantification of enhancements for Earnings at Risk (EaR) and Cash Flow at Risk (CFaR) metrics
Qualifications for risk control specialist
- CPCU, or AIC, or ARM designations are preferred
- Familiarity with the Bank's Technology Risk Management framework and IT Audit process industry best practices
- Excellent english written and verbal communication presentation skills
- Advanced knowledge of the processes and procedures for both Technology and Audit
- Ability to work independently in a senior/lead role on a diverse range of tasks
- Ability to provide guidance and direction to both Business and IT professionals and management
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Risk Control Specialist Job Description
Job Description Example
Our growing company is hiring for a risk control specialist. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for risk control specialist
- Supervises the coordination of Openlink valuation inputs including price curve, volatility and correlation data analysis
- Develops and prepares ad hoc monthly risk reporting on corporate hedging programs as required
- Provides strategic support to Risk Assessment during implementation of new risk management hedging programs
- Supports the development and implementation of financial risk management policies and procedures for multiple risk management committees
- Supervises the preparation of the quarterly and annual financial disclosure information as required by Corporate Accounting
- Supports the required hedge documentation and testing for quarterly hedge accounting under GAAP requirements
- Provides recommendations, testing and direction for Corporate Risk reporting enhancements from the risk system utilizing various BI reporting tools
- Provides risk and accounting technical expertise and leadership to drive results of Risk Control system projects involving various cross-functional groups impacting internal and external financial reporting
- Monitoring of various exceptions to highlight potential disclosure obligations across EMEA (c.30 jurisdictions)
- Responsible for leading the risk analysis, risk monitoring and risk reporting for Natural Gas, Power, Crude Oil and NGL’s Risk metrics include earnings at risk (EaR), value at risk (VaR), open positions and mark to market (MTM)
Qualifications for risk control specialist
- CPCU, or AIC, or ARM designations preferred
- 6+ years of relevant experience in Collateral Management or FX businesses and demonstrated ability to perform audit/control or similar functions
- Subject matter expert within Audit
- A self-motivated, detail oriented team player with strong organizational and communication skills and ability to work effectively in global team environments
- The design / re-engineering of operational processes for the preparation of daily P&L and risk reporting outputs within a control framework
- P&L attribution analysis
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Risk Control Specialist Job Description
Job Description Example
Our company is growing rapidly and is looking for a risk control specialist. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for risk control specialist
- Facilitate periodic process owner risk and control self-assessments and significant event
- Support evaluation of testing exceptions, issues, and action plans through development, distribution, and analysis of management reports in support of business needs
- Participate in major corporate initiatives impacting FORM to ensure business areas are properly evaluating relevant risk and controls as part of project requirements
- Become an expert user on Archer software
- Maintain agenda and drive action items for monthly Local Risk Management Council (RMC)
- Work with teams to identify and aggregate key operational risk metrics and key risk areas in management reporting and daily and intraday risk dashboards
- Champion and facilitate risk review forums to identify risks and mitigating factors related to new business opportunities, new services and products
- Assist teams in defining appropriate resiliency strategies and maintaining compliance with corporate requirements (e.g., BCP testing, work from home certification)
- Reviewing the end-to-end control environment in AM Finance, identifying weaknesses and leading remediation efforts to address
- Providing regular updates to the AM Chief Financial Office (CFO) on the control environment and control initiatives
Qualifications for risk control specialist
- Maintain an excellent quality pass rate
- Conduct the targeted audit based on criteria provided by the business
- Provide coaching / feedback where remediation is required
- Identify all opportunities such as specialist, process gaps, or technology
- Build partnership with the process owner to lend support in solving for gaps and opportunities
- Experience in call center / credit/debit card / customer service areas