Regulatory Compliance Specialist

Skill required: Control Testing - Agile testing

Designation: Regulatory Compliance Specialist

Qualifications:Any Graduation

Years of Experience:7 to 11 years

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com

What would you do? As a Risk & Controls Testing Senior Analyst, you will be instrumental in the day-to-day management of the second line of defense Risk and Control Self-Assessment (RCSA) program This role is responsible for assessing the design and operating effectiveness of internal controls, in close partnership with first and second line business process owners. You will play a critical role in ensuring robust risk management practices within a dynamic financial services environment.

What are we looking for?

• Written and verbal communication
• Execute Control Design Assessments, which includes conducting comprehensive process walkthroughs and/or researching relevant process documentation.
• Conduct Control Performance Testing, which involves an audit of control operations utilizing robust, risk-based sampling methodologies.
• Create detailed test steps and a comprehensive evidence request list, managing evidence requests to ensure timely turnaround and completion.
• Document all testing activities and necessary criteria in professional workpapers, ensuring workpapers are adequately captioned and maintained.
• Conduct thorough quality reviews of RCSA CONTROLS testing activities to ensure accuracy and completeness.
• Confirm any identified control design or performance deficiencies with control owners, meticulously assessing the impact of control weaknesses, and raising findings to RCSA management.
• Present findings clearly and concisely to process owners and manage the timely development and implementation of remediation plans.
• Critically challenge remediation plans to ensure they lead to sustainable resolution of the root cause.
• Validate finding closures and collaborate with control owners to update associated risks and controls
• 6+ years of experience in Risk Management, Auditing, Compliance, and/or Finance, preferably within Financial Services organizations.
• Experience with COSO and ISO ERM/ORM frameworks and their practical application to internal controls is strongly preferred.
• Demonstrated experience in identifying, documenting, and testing internal controls is strongly preferred. Experience with analyzing automated controls is favorable.
• Ability to quickly absorb and comprehend complex information presented in various formats, adapting to new information and changing processes quickly and effectively.
• Skilled in analyzing information to identify patterns, relationships, and potential issues within a process.
• Proven ability to simultaneously manage multiple time-sensitive activities and deliverables.
• Strong detail-orientation and an unwavering commitment to accuracy.
• Experience with Google Sheets, Docs, and Slides or MS Excel is preferred.
• Experience with a Governance, Risk, Compliance (GRC) tool; Archer IRM is preferred.
• Excellent verbal and written communication skills for reporting and presenting findings.
• Strong interpersonal skills to effectively engage with control owners and management.
• Proven analytical skills Roles and Responsibilities:
• In this role you are required to do analysis and solving of moderately complex problems
• May create new solutions, leveraging and, where needed, adapting existing methods and procedures
• The person would require understanding of the strategic direction set by senior management as it relates to team goals
• Primary upward interaction is with direct supervisor
• May interact with peers and/or management levels at a client and/or within Accenture
• Guidance would be provided when determining methods and procedures on new assignments
• Decisions made by you will often impact the team in which they reside
• Individual would manage small teams and/or work efforts (if in an individual contributor role) at a client or within Accenture
• Please note that this role may require you to work in rotational shifts
• Prepare and present comprehensive reports regarding RCSA management activities and findings to stakeholders.
• Oversee adherence to RCSA standards, including providing training to internal departments on program requirements and best practices.