Join our Risk Advisory & Assurance team in Bengaluru as an experienced Controls Testing professional. This role is integral to evaluating the design and effectiveness of controls within Investment Banking and Wealth Management operations. You will play a key part in supporting operational risk management, ensuring regulatory compliance, and enhancing governance and control assurance activities, while collaborating with global teams.

Key responsibilities include executing control testing programs for Middle and Back Office operations, validating control effectiveness, and performing sample testing and walkthroughs. You will identify control deficiencies, document observations, and monitor remediation efforts. This role also involves supporting Risk Control Self-Assessments (RCSA), conducting root cause analysis for control failures, and identifying various operational, regulatory, and fraud-related risks.

Additionally, you will recommend process improvements, prepare detailed control testing reports and management dashboards, and track audit observations to ensure timely resolution. Analyzing large datasets to detect control breaches and exceptions is a critical aspect. You will collaborate extensively with Middle Office, Back Office, Compliance, and Audit teams globally, taking full ownership of assigned controls testing and assurance tasks.

We are looking for candidates with 5-8 years of experience in Controls Testing, Operational Risk, Audit, Risk & Controls, or Assurance functions. A strong understanding of Investment Banking and Wealth Management operations, including hands-on experience with Corporate Actions, Trade Settlements, and Middle/Back Office processes, is essential. Proficiency in Operational Risk Management and Internal Controls Frameworks, along with experience in Control Testing Methodologies and Regulatory Compliance, is required.

Candidates should possess strong knowledge of Risk Assessment, Root Cause Analysis, and Governance & Controls, with the ability to identify control gaps and recommend remediation actions. Advanced Excel skills for dashboards, reporting, and data analysis, coupled with experience analyzing large datasets for risk indicators, are crucial. Excellent stakeholder management, analytical thinking, problem-solving, communication, and presentation skills are vital. A Bachelor's degree in Finance, Commerce, Business, Accounting, or a related field is preferred. High attention to detail and the ability to work independently are expected.