Control Testing Lead
We are a leading trading platform that is ambitiously expanding to the four corners of the globe. Our top-rated products have won prestigious industry awards for their cutting-edge technology and seamless client experience. We deliver only the best, so we are always in search of the best people to join our ever-growing talented team.
● Design and maintain a robust control testing framework to assess the effectiveness of operational, financial, and IT controls across the organisation.
● Ensure the control testing framework aligns with regulatory requirements (e.g., FCA, PSD2, GDPR) and industry standards such as COSO and ISO 31000.
● Develop and update control testing policies, procedures, and documentation to reflect changes in regulatory requirements, business processes, or risk appetite.
● Maintain a comprehensive control library, mapping controls to risks and business objectives.
Control Testing Execution
● Plan, execute, and document control testing activities, including design and operating effectiveness testing.
● Perform periodic assessments of high-risk areas, including cybersecurity, anti-money laundering (AML), customer onboarding, payment processing, and data protection.
● Analyse test results to identify control gaps, deficiencies, or areas for improvement.
● Document findings and control weaknesses, ensuring they are communicated clearly to relevant stakeholders.
● Work with control owners and process teams to develop and track remediation plans for identified deficiencies, ensuring timely resolution.
● Conduct follow-up testing to validate the implementation and effectiveness of corrective actions.
● Collaborate with risk teams to ensure control testing aligns with the organisation’s risk assessment and regulatory requirements.
Control Testing Framework
Framework Development:
● Design and maintain a robust control testing framework to assess the effectiveness of operational, financial, and IT controls across the organisation.
● Ensure the control testing framework aligns with regulatory requirements (e.g., FCA, PSD2, GDPR) and industry standards such as COSO and ISO 31000.
Policy and Procedures:
● Develop and update control testing policies, procedures, and documentation to reflect changes in regulatory requirements, business processes, or risk appetite.
● Maintain a comprehensive control library, mapping controls to risks and business objectives.
Control Testing Execution
Testing and Evaluation:
● Plan, execute, and document control testing activities, including design and operating effectiveness testing.
● Perform periodic assessments of high-risk areas, including cybersecurity, anti-money laundering (AML), customer onboarding, payment processing, and data protection.
● Analyze test results to identify control gaps, deficiencies, or areas for improvement.
Issue Identification and Remediation:
● Document findings and control weaknesses, ensuring they are communicated clearly to relevant stakeholders.
● Work with control owners and process teams to develop and track remediation plans for identified deficiencies, ensuring timely resolution.
● Conduct follow-up testing to validate the implementation and effectiveness of corrective actions.
Risk Assessment Alignment:
● Collaborate with risk teams to ensure control testing aligns with the organisation’s risk assessment and regulatory requirements.
● Provide insights from testing to enhance the organisation’s risk register and inform key risk indicators (KRIs).
Reporting and Communication
● Prepare detailed control testing reports and dashboards for senior management, risk committees, and regulators.
● Provide clear insights into control effectiveness, testing outcomes, and remediation progress.
● Act as the primary liaison between the control testing function and key stakeholders, including business units, compliance, and internal audit.
● Present findings and recommendations to senior leadership, providing actionable insights to improve the control environment.
● Support regulatory audits and examinations by providing control testing documentation and responding to inquiries.
● Ensure the organisation is prepared for external reviews of its control environment.
Continuous Improvement and Risk Culture
● Identify opportunities to enhance control testing processes through automation, advanced analytics, and technology tools.
● Benchmark the control testing framework against industry best practices to ensure continuous improvement.
● Promote awareness of control testing and its importance in managing operational risk across the organisation.
● Provide training and guidance to control owners on the importance of effective control design and operation.
● This role requires an energetic self-starter that can liaise with a large number of teams and business both regionallyand globally.
● Experience and knowledge in working for a regulated fintech technology business
Requirments
Additional Information
What you will get in return:
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Competitive Salary: We believe great work deserves great pay! Your skills and talents will be rewarded with a salary that makes you feel valued and motivated.•
Work-Life Harmony: Join a company that genuinely cares about you - because your life outside of work matters just as much as your time on the clock. #LI-Hybrid
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Annual Performance Bonus: Your hard work doesn’t go unnoticed! Celebrate your achievements with a well-deserved annual bonus tied to your performance.
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Generous Time Off: Need a breather? Our annual leave policy lets you recharge and enjoy life outside of work without a worry.
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Employee Referral Program: Love working here? Share the love! Bring your talented friends on board and get rewarded for growing our awesome team.
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Comprehensive Health & Pension Benefits: From medical insurance to pension plans, we’ve got your back. Plus, location-specific benefits and perks!
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Workation Wonderland: Live your digital nomad dreams with 30 extra days to work remotely from anywhere in the world (some restrictions apply). Adventure awaits!
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Volunteer Days: Make a difference! Take two additional paid days each year to support causes you care about and give back to the community.
Be a key player at the forefront of the digital assets movement, propelling your career to new heights!Join a dynamic and rapidly expanding company that values and rewards talent, initiative, and creativity.Work alongside one of the most brilliant teams in the industry.
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