Job Description

Aggregating and managing the interest rate risk of the firms four main lines of business (LOBs), primarily through a ~$300 bn global investment securities portfolio

Managing the firms funding and liabilities through ~$250 bn in long-term debt and other funding sources, and managing nearly $400 bn of short term cash deployment activities

Aggregating and managing the firms liquidity risk, including deploying the firm's excess liquidity. Also responsible for compliance with both internal and regulatory liquidity requirements

Aggregating and managing the firms structural foreign exchange risk

Risk managing Mortgage Servicing Rights (MSR) on behalf of the Mortgage Bank

Managing the ~$14 bn company-sponsored retirement plan

Managing the end to end risk-weighted asset (RWA) and capital measurement processes across the firm, ensuring efficient and appropriate management of our capital, and managing the Firmwide Capital Stress Testing process

Because it sits at the very center of the firm, T/CIO directly influences the composition of the firms balance sheet as well the activities of its four main LOBs: Asset Management (AM), Commercial Banking (CB), Corporate & Investment Bank (CIB) and Consumer & Community Banking (CCB) The CIO Treasury and Corporate (CTC) Oversight & Control group is responsible for several control initiatives and works closely with many areas (i.e. Finance, Risk, Operations, Technology and Business Managers) across CTC.

The CIO Treasury & Corporate (CTC) Control Management group is responsible for working with the business executive in Finance, Risk, Operations, Technology and Business Managers to promotes early operational risk identification and assessment, effective design and evaluation of controls and sustainable solutions to mitigate operational risk across CTC. The group is involved with control initiatives that include, but are not limited to the following:

* Control and Operational Risk Evaluation (CORE) Program
* Sarbanes-Oxley (SOX) Control Program
* Quality Assurance Program

As a Control Management Associate, you'll be responsible for ensuring the line of business has a sustainable and disciplined end-to-end control environment, identifying and escalating issues with a sense of urgency, and partnering with the business to ensure issues are remediated in a timely manner. The team assists in top-down risk analysis, real-time control issue detection, escalation, root cause analysis, and remediation.

Specific Roles & Responsibilities

The candidates must be experienced professionals who possess strong auditing and accounting skills, good knowledge of the banking business, financial instruments and products, and a strong understanding of internal control systems within a financial institution.

The candidate will be responsible for the following:

* Collaborating with the business to perform detailed risk and control assessments across CTC functions and processes with focus on end to end review of the Front and Middle Office and Operations process for CIO to support CORE, identify significant gaps and weaknesses and determine root cause of control breaks, identify and review KPI and KRI as appropriate
* Support of the SOX/CCAP program including scoping, training, review, QA, and attending regular meetings with the Central SOX/CCAP and QA team and providing updates to the team as appropriate
* Metrics reporting, oversight and review of transactional testing of business controls
* Effectively project manage deliverables, ability to think strategically
* Performing QA testing and evaluation of reported balances and other information (based on transaction nature and underlying client/contractual information)
* Concluding and reporting on noted errors, and recommendations developed, with appropriate action plans and owners
* Performing audit-type testing across CTC functions and processes (to be determined & defined)
* Ensure that controls are properly designed, operating effectively, and essential to a proactive risk and control culture that leverages proven evaluation strategies and sound change management protocols
* Ensuring appropriate closure of action plans developed in response to previous reported findings
* Establishing and maintaining strong working relationships across CTC businesses and other control groups (i.e., finance, risk management, operations, technology, compliance, legal, etc.)
* Working closely with regional and / or global business and information technology colleagues across CTC as issues emerge and reporting them timely to management and other stakeholders
* Staying current with evolving industry and regulatory changes, and analyze impact to business objectives, processes, and compliance
* Review and assessment of legal obligations that are applicable to the laws, rules and regulatory requirements within CTCs finance

Broader Department Roles and Responsibilities:

* Monitoring of relevant Risk Events in the RED
* Issues and AP coordination
* Interaction with other CTC Finance Control Programs
* Quarterly review/analysis of Business & IT controls issues identified by Audit, CORE and management testing
* PwC and Internal Audit liaison

Qualifications

* 4+ years of experience in financial services industry with background in controls, audit, quality assurance, operational risk management, or compliance preferred; or equivalent subject matter expertise in a relevant business related function/operation
* BS in Accounting or Finance
* Experience auditing/reviewing SOX, Operational Risk Assessment, QA and/or internal controls
* Able to communicate and present effectively to senior leaders and relevant stakeholders
* CPA and/or an MBA is preferred
* Analytical skills and attention to detail
* Proficient in Microsoft Office Suite (Word, Excel, PowerPoint) preferred
* Ability to work in an evolving environment, manage multiple projects and support a growing business