Senior Consultant, Business Quality Control
4 days ago
Senior Consultant, Business Quality Control
Client: Top 5 Bank
Duration: 12-month contract, with high possibility of extension
Location: Downtown Toronto, 1-2 days/week
Job Description: We are seeking an experienced BQC Consultant to join our client; a top 5 bank in Downtown Toronto. This role is critical in supporting our efforts to build a robust compliance framework that meets regulatory requirements.
Key Responsibilities:
Control Testing Experience:
- Gain hands-on experience in control testing and leverage that knowledge to improve processes.
- Conduct tests and review the database to identify and implement necessary tweaks.
- Document discovery, sorting, and communication to isolate various processes.
Process Improvement:
- Act as a hybrid player to perform testing and build out the data repository.
- Focus on quality control in banking, requiring deep subject knowledge.
- Improve processes through process engineering and building tools for developers.
- Map out processes and apply process engineering knowledge.
Governance and Risk Framework:
- Implement the governance risk framework in the first line.
- Work on the MRIA project, focusing on the risk framework mandated by the FED.
- Implement directives and policies based on identified issues.
Audit Automation and Standardization:
- Develop and implement audit automation processes.
- Standardize audit procedures to ensure consistency and efficiency.
Risk Assessment and Mitigation:
- Conduct risk assessments in the first line of defense.
- Develop and implement risk mitigation strategies to address identified risks.
Technical Skills:
- Proficiency with MS platform and SharePoint.
- Experience with documentation management tools.
- Knowledge of developer languages like Python would be a significant asset.
Qualifications:
- Extensive experience in risk management, governance, and business control testing.
- Strong understanding of the three lines of defense in financial institutions.
- Proven ability to improve processes and implement effective control frameworks.
- Excellent documentation and communication skills.
- Technical proficiency with MS platform, SharePoint, and Python.
- Ability to work under tight deadlines and manage multiple priorities.
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