I_TECHNICAL SYSTEM SOFTWARE ENGINEERING SPECIALIST

SCIB RAC Málaga Associate, Business Control & Risk Management – Risks & Control Self-Assessment (RCSA) Country.
Spain SCIB RAC is looking for an Associate, based in our Malaga (Spain) office.
JOB PROFILE SUMMARY The Associate, Business Control & Risk Management operates within the First Line of Defense and is accountable to assist the Business Control & Risk Management team in driving effective and consistent business line execution against the Enterprise Risk Management Framework.
Specifically, the Associate works to identify, assess key risks and control effectiveness throughout the assigned business line by driving business unit adherence with applicable risk frameworks, Corporate/Business Line policies and standards.
S/He will also assist with completion of business line risk initiatives, as assigned, such as risk assessments, KRI/KPI development and monitoring, and on-time remediation of issues.
The Associate must be able to effectively partner with various stakeholders.
JOB DESCRIPTION Monitors activities to minimize the company's exposure to risk.
Activities may include quantitative analysis, risk identification and remediation.
Represents or supports the reputation of the company to minimize compliance and regulatory risk by resolving issues and ensuring adherence to company and legal standards.
Responsible for ensuring that all of the company's activities adhere to the necessary rules and regulations, and that the company complies with legal/regulatory statutes and jurisdictions.
USA Job Function Description.
Ensures transparency of business results, finance and processes.
Typically organizes a reporting system and tracks goals accomplishment, collect and process data and provides managers with all necessary company management data and information.
Essential Functions/Responsibility Statements.
Drive Risk Culture.
Ensure awareness in the Business Line of risk frameworks, policies and standards.
Communication & Training.
Work with team members and key stakeholders to develop appropriate metrics and deliver relevant and accurate data.
Work with internal teams to gain an in-depth understanding of existing risks, causes, severity rating, controls and remediation.
Maintain two-way communications with SLoD.
Facilitate training for Business Lines to provide awareness of risk frameworks, policies, programs, processes, etc.
Adherence to Risk Frameworks, Policies, and Standards.
Partner with SLoD to provide input/review of frameworks, policies and standards.
Facilitate Business Line awareness of and adherence to risk frameworks, policies, and standards.
Report and escalate exceptions and facilitate Business Line corrective actions.
Continuously monitors all sources of risk existing within the Business Line and externally.
Engage in research, peer networking, and experience to anticipate critical risk issues impacting the Business Line.
Understand where operational, strategic, reputational, compliance, and model risks exist in the Business Line and continually assess and improve controls to mitigate those risks.
Monitor Key Risk Indicators and report on negative/adverse trends in Business Line.
Monitor risk profile to maintain tolerance within Risk Appetite.
Where applicable, Issue Identification, Management, and Risk Assessment.
Conduct RCSA responsibilities including Process Mapping, Risk & Control Matrices, Inherent Risk Assessments, Internal Control testing and Heracles data/input.
Engage and hold Business Line process owners accountable to identify and assess risks.
Support Business Lines in risk identification (e.
.
NPBA, change management, etc).
Exam Management.
Liaison with the Business Line for all exam related activities including regulatory, Internal Audit and Credit Risk Review.
Review materials, responses and validate Business Line remediation work (e.
.
artifacts, action plans, etc.) Support the implementation of Key Risk Indicator (KRI) framework.
Formally define and document metric definition details (metric type, provider, approver, numerator & denominator descriptions, source, scope, thresholds, Risk Basel category) in the centralized repository, Support structured metric submission process with established timeline and requirements.
QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
The requirements listed below are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION Bachelor's Degree or equivalent work experience in Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field.
(Req) Master’s degree in Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field.
(Pref) WORK EXPERIENCE 5-9 years in Risk Management, Internal Controls, Auditing, Credit Management, relevant line of business experience and/or legal or regulatory experience.
SKILLS AND ABILITIES Demonstrated experience supporting and/or leading risk projects across multiple business lines offering a wide variety of financial services products and services.
Knowledge of the financial services sector, particularly with the competitive dynamics and products in retail banking and risk management.
Advanced understanding of the regulatory environment and how the risks of the products and services the bank offers are viewed by the Second Line of Defense and regulators.
Ability to build credibility with, collaborate with, and influence line of business executives.
Excellent analytical and complex problem-solving skills.
Strong project management skills.
Ability to constructively work both independently and in collaborative environments involving all levels of management and employees.
Ability to collaborate with internal and external service providers to establish resource requirements, scheduling, assignments and service levels.
Ability to build internal and external networks of information resources within the risk management ecosystem.
Understanding of BSA/AML and OFAC regulations, regulatory expectations and industry leading practices.
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