Specialist/Team Lead, Governance and Control, COO Office, Global Transaction Services

Business Function

Global Transaction Services (GTS) provides essential banking solutions that facilitate international trade and financial management for businesses. This includes a comprehensive suite of services such as cash management, trade finance, and securities services. GTS helps clients optimize their working capital, manage cross-border payments, mitigate risks, and streamline their financial operations globally, ensuring efficient and secure transactions in an increasingly interconnected world.

This role focusses on end-to-end risk controls, reporting, governance and supervision in GTS and is a key member of the team to build out of the first line of defense Risk & Control team to ensure adequate controls and processes are in place at GTS for identifying and addressing risk issues according to regulatory and internal risk management requirements.

Responsibilities

• Work with GTS Product, Sales teams, Compliance and Risk Management teams, where required, as a partner to identify risks, assess impact, provide remediation solutions and develop corrective & preventive action plans
• Adopt pro-active operational risk management approach and ONE Bank mindset in managing the process. Initiate, manage, and facilitate timely completion & quality execution of governance & controls related tasks including identification of gaps and remediation of issues, elevating residual risk where appropriate to ensure full compliance of policy and regulatory requirements
• Report and document findings as well as to present the findings to appropriate authorities, business leaders and risk forums like Operational Risk Committee (ORC), Business Control Committee (BCC), Risk Executive Committee (Risk Exco) and other forums as necessary
• Stay constantly alert of changes in regulatory and internal requirements, emerging business and compliance risks, communicate to internal stakeholders and timely escalate, as and when situation warrants, related issues to management for attention/action. Work closely with second and third line of defense teams (compliance, risk, audit) on planning and validation of thematic reviews, regulatory inspections and audits
• Render quality feedback to internal stakeholders on risk/regulations related queries and new product assessments (NPA). Ensure cross-unit/ location alignment and governance
• Drive and participate in developing tools, policies and processes relating to compliance and other ad hoc projects
• Develop/promote a robust risk culture amongst GTS teams by educating the internal stakeholders on compliance with relevant policies, processes and regulations by organizing risk trainings, briefings and workshops to raise awareness
• Promote incorporation of data analytics and data visualization tools in improving the quality of Risk reporting

Requirements

• University Degree with 5+ years in banking industry
• Attentive to details, compliance and control oriented, diligent and proactive, with growth mindset
• Knowledge in AML/ KYC, compliance and local regulatory requirements
• Self-motivated, independent, with excellent Interpersonal and communication skills
• Strong sense of ownership with ability to work in a team environment
• Experience in transaction review/investigation and designing controls is an advantage
• Good data analytical skills e.g., knowledge/experience in developing data governance/ analytics/ reporting using tools like Qlik is an advantage.