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Urgent! Control Testing with Banking Domain Knowledge Job Opening In India, India – Now Hiring Confidential

Control Testing with Banking Domain Knowledge



Job description

Teamware Solutions is seeking a dedicated Control Testing Specialist with strong Banking Domain Knowledge.

This role is critical for evaluating the effectiveness of internal controls across various banking operations.

The successful candidate will work with relevant technologies and methodologies to ensure smooth operations, identify and mitigate risks, and contribute significantly to our business objectives through expert analysis, development of test plans, implementation of testing procedures, and troubleshooting within the control testing domain specific to the banking sector.

Roles and Responsibilities:

  • Control Design & Analysis: Understand and analyze the design of internal controls within various banking processes (e.g., lending, deposits, treasury, payments, IT systems, compliance).
  • Test Plan Development: Develop comprehensive control test plans, scripts, and procedures based on identified risks, regulatory requirements, internal policies, and control objectives.
  • Control Test Execution: Execute control tests rigorously across a range of banking functions, gathering evidence and evaluating the operating effectiveness of key controls.

    This may involve reviewing transactions, system configurations, and process documentation.
  • Documentation & Reporting: Document test results, findings, and identified control deficiencies clearly and concisely.

    Prepare detailed reports for management, highlighting risks and recommending corrective actions.
  • Issue Identification & Remediation: Identify control weaknesses, breakdowns, or gaps.

    Collaborate with process owners and risk management teams to propose and track the implementation of effective remediation plans.
  • Regulatory & Policy Compliance: Ensure control testing activities align with banking industry regulations (e.g., RBI guidelines, Basel Accords, AML/KYC), internal policies, and best practices.
  • Stakeholder Collaboration: Work closely with business unit leaders, risk management, compliance, internal audit, and IT teams to ensure a consistent approach to control assessment and improvement.
  • Continuous Improvement: Contribute to the continuous enhancement of the control testing framework, methodologies, and tools.
  • Troubleshooting: Investigate and troubleshoot issues related to control effectiveness or testing processes, identifying root causes and proposing solutions.

Preferred Candidate Profile:

  • Banking Domain Expertise: In-depth understanding of the banking industry, including its operational processes, products, services, and regulatory environment (e.g., retail banking, corporate banking, treasury, risk management, compliance).
  • Control Testing & Risk Management: Strong knowledge of internal controls, control testing methodologies, risk management frameworks, and governance principles.
  • Analytical Skills: Excellent analytical and critical thinking skills with the ability to interpret complex processes, identify control points, and assess their effectiveness.
  • Attention to Detail: Meticulous attention to detail in executing tests, documenting findings, and ensuring accuracy of reports.
  • Communication & Collaboration: Exceptional verbal and written communication skills to articulate complex findings to various stakeholders and foster collaborative relationships.
  • Technical Acumen (Plus): Familiarity with banking systems, core banking applications, and relevant data analysis tools is a plus.
  • Certifications (Plus): Relevant professional certifications such such as CISA (Certified Information Systems Auditor), CIA (Certified Internal Auditor), or FRM (Financial Risk Manager) are highly desirable.

Education:

  • UG: B.Tech/B.E. in Any Specialization
  • PG: Any Postgraduate


Skills Required
Banking, Risk Management, control testing , Retail Banking


Required Skill Profession

Computer Occupations



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