Junior Tester, First Line Control Testing

Job Description

Your Opportunity

The 1st Line of Defense (LOD) is responsible for performing testing and monitoring to evaluate the effectiveness of internal controls established to mitigate identified risks. These individuals exhibit a deep understanding of the LOB including applicable systems, tools, policies and procedures and are adept at identifying procedural gaps and deficiencies. This position is an entry-level tester on a team. With guidance, qualified candidate will be responsible for learning all aspects of risk assessment of activities for assigned line of business, including: completing risk control review, creating work papers that meet testing standards, concluding on testing results with business partners and drafting deficiencies and recommendations.

What you’re good at

• Become familiar with and gain an understanding of risk control standards, risk assessment and federal and/or state fiduciary compliance regulatory requirements applicable to the assigned areas of the review
• Evaluate the effectiveness of controls in place to mitigate identified risk; review evidence, document testing results in a comprehensive and organized manner
• Learn to draft audit results in a report that are objective, clear, concise, constructive, and timely; participate in entrance and exit conferences to communicate and discuss the testing plan and/or the results of the review
• Assist in ensuring issues identified during testing and monitoring reviews are followed-up on and corrective action plans are properly executed to comply with firm policy and/or applicable regulatory requirements

This is a summary only and duties and responsibilities may be changed from time to time, or over time.

What you have

The ideal candidate will possess the following qualifications

Required Competencies:

• Demonstrated written and oral communication skills and ability to communicate with all levels of management
• Ability to build strong relationships and work cross functionally with internal and external constituents
• Detail-oriented with strong analytical skills
• Ability to work cooperatively and effectively with supporting team members to meet departmental goals
• Strong time management, organization and prioritization skills; ability to complete multiple concurrent tasks within close deadlines with a high degree of accuracy and detail
• Exercise sound judgment to influence a strong risk management culture across business practices
• Self-motivated along with the ability to bring projects and reporting to conclusion
• Strong Microsoft Office knowledge; specifically Microsoft PowerPoint and Excel

Preferred Competencies:

• Financial service experience and securities industry practices
• Bachelor’s degree; specifically in Accounting, Finance, Business Administration or related field

You demonstrate these behaviors:

• Curious: Constantly learns more about our processes as well as the processes of businesses we support.
• Results Oriented: Delivers on individual goals and visibly participates in delivering on team goals.
• Managing Change: Seizes opportunities to influence the future direction of an organizational unit or the overall business.
• Overcome barriers/Initiative: Proactively addresses obstacles and Identifies creative solutions.
• Interpersonal Effectiveness: Notices and accurately interprets what others are feeling, based on their choice of words, tone of voice, expressions, and other nonverbal behavior.
• Relationship Oriented: Thrives in an environment of strong collaboration and partnership with business partners, coworkers and managers.