Compliance and Operational Risk Testing Specialist - Associate

As a Compliance and Operational Risk Testing Specialist within the Testing Center of Excellence, you will play a pivotal role in enhancing our compliance and operational risk management. Your expertise in test execution will be crucial in managing and conducting precise and accountable tests, ensuring alignment with the firm's highest risks. You will be responsible for assessing the control environment, identifying gaps, and driving remediation efforts to mitigate risk. Your analytical thinking and problem-solving skills will be crucial in breaking down complex business objectives into manageable tasks and activities. By collaborating effectively with cross-functional teams and stakeholders, you will contribute to the firm's business objectives and help us maintain our commitment to excellence.

Job Responsibilities

• Scope and plan testing engagements: perform walkthroughs, develop test scripts and sampling, identify control points and dependencies, and align scope with risk assessments and regulatory obligations.

• Evaluate control design and operating effectiveness, synthesize evidence, and determine results with clear, supportable conclusions; identify control coverage gaps and recommend pragmatic enhancements.

• Document high-quality process flows, control narratives, test plans, and evidence packages in accordance with firm standards.

• Raise issues with well-defined risk statements, root cause analysis, and actionable, time-bound remediation plans.

• Collaborate with cross-functional teams and stakeholders to align testing scope and approach, maintain open communication, and ensure effective execution and timely reporting of outcomes.

• Continuously enhance testing methods and control evaluation techniques, including interpreting control ratings and metrics to drive efficiency and strengthen the firm’s risk management.

• Effective communication skills to work collaboratively with China and global stakeholders.

Required Qualifications, Capabilities, and Skills

• At least 4 years’ experience in business or technology audit or compliance testing or related discipline in the financial industry.

• Business level proficiency in Chinese(Mandarin) and English, both written and verbal.

• Necessary licenses / qualifications in the futures, securities and asset management businesses.

• Audit background and corresponding qualifications such as CA, CPA, CISA, CIA.

• Strong appreciation of China financial regulatory landscape, and practical knowledge of China data and legal entity requirements from national, banking and securities laws and regulations.

• Demonstrated ability to evaluate control design and operating effectiveness, SOX testing, risk assessments, key control reviews, issue identification, and remediation tracking.

• Strong knowledge of financial institution products and services (e.g. banking, markets, asset management) products.

• Proven ability to execute complex tests involving coordination across multiple stakeholders, participate in multiple concurrent engagements and strong project management skills with a track record of on-time, high-quality delivery.

• Excellent stakeholder management skills with the ability to influence outcomes and navigate challenging discussions with senior audiences.

• Strong analytical, problem-solving, and critical thinking skills.

• Proficiency with MS Office (Excel, Word, PowerPoint) and experience with intelligent solutions such as Alteryx and Tableau.