Permanent Controler Officer - fixed term contract

We are looking for a permanent controler on a fixed-term contract to cover a maternity leave absence.

The Permanent Control Officer plays a crucial role in ensuring the effectiveness and integrity of the bank's internal control system. The primary focus of this position is to execute, formalize, and restitute Level 2 controls, monitor action plans, consolidate control reporting, and contribute to the development of the Annual Internal Control Report (RACI). This role is a regulatory requirement, it is vital in maintaining the bank’s compliance with regulatory requirements and internal policies. Through LOD1 support and advising, the Permanent Control Officer promotes and actively participates in Risk and Control Culture enhancement.

To note: the Permanent Control Officer will be independent and shall access any internal document without restriction to be able to assess objectively the LOD1. He must not perform any operational tasks.

Key Responsibilities & Accountabilities

• Execution of Level 2 Controls:
• Perform and oversee Level 2 control activities to ensure that the first line of defense is operating effectively.
• Execute these controls according to validated annual plan, ensuring adherence to internal standards and regulatory requirements.
• Formalisation and Restitution:
• Document the execution of controls, ensuring that all findings, conclusions, and recommendations are accurately formalised, recorded and archived.
• Prepare detailed and comprehensive Level 2 control sheets, and restitute the potential findings to relevant stakeholders, providing insights and recommendations for management.
• Follow-up on Action Plans:
• Monitor the progress of action plans resulting from control findings, ensuring timely and effective implementation.
• Address any issues or delays in the execution of these action plans, coordinating with relevant stakeholders.
• Consolidation of Reporting:
• Consolidate control results from various departments, creating a cohesive view of the bank’s internal control environment.
• Assist in the preparation and presentation of control reports for senior management (Executive Management Committee, Risk and Compliance Committee, Audit and Risk Committee) and regulatory authorities.
• Contribution to the Annual Internal Control Report (RACI), audit missions and other regulatory reports
• Participate in the preparation of the RACI, QLB, QPC and other regulatory reports, ensuring comprehensive coverage of internal control activities throughout the year.
• Collaborate with other departments to gather necessary data and insights for the reports or regulatory bodies queries.
• Answer any external auditor request to contribute to qualitative and accurate audit analysis.
• Process Improvement:
• Collaborate with various departments to enhance control processes and procedures.
• Provide guidance for improving the efficiency and effectiveness of internal controls.
• Compliance & Regulation:
• Ensure that all control activities comply with relevant regulatory requirements included in internal Policies and Procedures.
• Stay updated on changes in regulations and Banking best practices, adapting level 2 control processes accordingly.
• Training & Support:
• Provide training and guidance to other team members on internal control processes.
• Support the first line of defense by advising on the implementation of effective controls.

Qualifications & Experience

• Education:
• Master’s degree (Internal Control, Audit, Risk Management, Finance specialization preferred)
• Professional certification is appreciated.
• Experience:
• Minimum of 3-4 years of experience in Internal Control, Risk Management, Audit, or a similar role within the Banking or Financial Services Industry.
• Knowledge of French banking regulations and international standards.
• Former experience in major French Banks preferred.

Skills

• Strong autonomy and adaptation ability
• Time management and rigorous organization
• Critical thinking, analytical skills and detail-oriented execution
• Integrity, resilience and stakeholder management
• Fluent communication in French and English, both spoken and written.
• Proficient in MS Office Pack and eventually in internal control software