Will be responsible for the end-to-end transaction testing process for prioritized reports, including planning, scoping, sampling, test execution and observation validation. Will work closely with Risk and Management Report use case owners, Functional Chief Data Officers and Global Functions Technology to adopt, execute transaction testing cycles, and ensure adherence to the Transaction Testing Operating Model.
Responsibilities:
- Effectively and efficiently plan and lead testing cycles aligned to the Transaction Testing Multi Year Plan and Operating Model, testing data reported to regulators match their original source values, and conform to reporting requirements to identify areas which may require stronger data quality controls or compensating measures.
- Lead E2E report transaction testing reviews for a book of work.
- Lead analysts supporting transaction testing reviews including prioritizing work, providing guidance throughout cycles, developing analysts’ testing skill set, report and product knowledge through training on cycle scope.
- Partner with teams and external consultants in leading transaction testing cycles aligned the Transaction Testing Operating Model.
- Lead Transaction Testing Cycles Execution for Risk Mgt and/or Other Reg Reports prioritized scope.
- Assign, manage, and review work of team, evaluating their findings and judgment in applying regulatory principles to reporting.
- Identify issues and exceptions, produce executive quality reports, analysis and insights, coordinate handoffs and communicate updates and results effectively to manager and stakeholders.
- Lead preliminary Root Cause Analysis in collaboration with other teams.
- Ensure adherence to relevant policies, standards and operating procedures pertaining to Transaction Testing E2E Process.
- Support process transformation, Consent order initiative and automation opportunities.
- Support the standardization of the company’s transaction testing operating model, cycle execution and work papers.
- Support Internal Audit, ICRM, ORM and Regulatory testing Reviews for Risk Mgt. and/or other Regulatory reports.
- Updating KPIs, metrics, and other presentations, identifying enhancement opportunities and implementing, and supporting manager in the messaging of results/value add to senior management.
- Facilitate ad hoc, special requests and project management.
Qualifications:
- Bachelors/University degree in Finance, Accounting or a similar field.
- 7+ years of experience in Quality Assurance and/or Regulatory Reporting in financial services including proven experience in complex operational environments.
- Prefer CPA certification and/or audit experience.
- 3 tiers of primary subject matter knowledge required:
- CCAR or Regulatory experience with key regulatory reports for banking organizations (e.g., FR Y-14, FR Y-9C, Call Reports, FFIEC 009, etc.).
- Knowledge of Bank Products.
- US GAAP Knowledge.
- Quality Assurance transaction testing experience required.
- Proficiency in Microsoft Office, working with big data and proven ability to learn and utilize new tools and systems.
- Ability to collaborate, coordinate and execute with the broader teams, business partners, Report Owners, Data Providers, technology and global functions to drive successful execution of testing cycles.
- Possess strong team building, planning and project management skills.
Our client stands as one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services. Its teams provide unique insights to more than 200 million clients and enable progress all over the world. While growing your career, you will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.