Overview
– Client Servicing, Cards/Merchant Servicing/Product acquiring, issuing is mandatory.
Looking from Investment Banks Only
Assistant Vice President Expectations
– To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
– Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
– If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
– OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
– Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
– Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
– Take ownership for managing risk and strengthening controls in relation to the work done.
– Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
– Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
– Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
– Communicate complex information. ‘Complex’ information could include sensitive information or information that is difficult to communicate because of its content or its audience.
– Influence or convince stakeholders to achieve outcomes.
you’ll spearhead the evolution of our digital landscape, driving innovation and excellence. You’ll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences.
To be successful as a AVP – Controls Business Partner, you should have experience with:
– Chartered Accountant/ Certified Internal Auditor/ CPA or equivalent qualification in Auditing or Risk Management/Graduate or Postgraduate with experience in Controls i.e. Controls Business Partner or Control Assurance and Tester and Operational Risk Management.
– Business understanding on Client Servicing, Cards/Merchant Servicing/Product acquiring, issuing is mandatory.
– Extensive experience in Internal Audit, Control Business Partnership, Controls Assurance & Testing and Operational Risk Management.
– Comprehensive understanding of governance and control frameworks and processes, and all aspects of operational risk management. Highly motivated, business-focussed and forward-thinking.
– Extensive experience in senior stakeholder management, ability to communicate internal control concepts clearly in a business context. Ability to manage reporting lines and relationships across multiple disciplines.
– Controls Experience in areas viz. Financial Crime, AML, Customer Due Diligence, Settlements, Private Sanctions, Credit Lending, Markets, Reference Data etc.
Some other highly valued skills may include:
– Sound commercial judgment and overall understanding of the Financial Services Industry, particularly the business impact of the regulatory environment.
– Experience of designing, communicating & implementing internal control policies.
– Proficient in use of MS Office applications (Outlook, Word, Excel, PowerPoint).
– Knowledge of internal control and regulatory requirements & practice e.g. Turnbull, Sarbanes-Oxley, COSO, Basel II Accord relating to operational risk preferred.
You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.
Location – Noida.