Control Testing Consultant (GR&C module)

Role: Control Testing Consultant

Location: Leeds

Hybrid

Inside IR35

The Role

We are seeking a Control Testing Consultant To perform independent controls testing, provide insights, and improve the control environment to support compliance with Provision 29 requirements. This first line of defense role aims to test controls, ensure their effectiveness, and enhance the overall risk management framework.

To have tested the specified list of material controls to establish whether they are effective or ineffective. The concluded outcome will be supported by evidence-based assurance capturing what was tested, how this was performed and what assurance was obtained (including any deficiencies identified). Where controls have failed, a clear root cause analysis must also be documented along with any remediation actions (recommended, taken, or planned) and plans for retesting.

Your responsibilities: (Up to 10, Avoid repetition)

1. Develop robust control testing documentation and provide guidance on the supporting risk framework, standards, and processes.
2. Conduct independent testing of controls to assess their design and operational effectiveness and document evidence-based assurance.
3. Provide detailed insights into control failures, and recommendations to remediate and improve the control environment.
4. Prepare control testing reports to senior management, highlighting key findings and improvement areas.
5. Develop and provide control testing training to internal stakeholders.
6. Provide review, oversight, and quality assurance on internal controls testing resource.
7. Liaise with key stakeholders on the progress of controls testing and highlight any emerging issues.
8. Track and report on the status of control deficiencies, root causes, remediation activity and progress status through to resolution.
9. Ensure all activity supports compliance with Provision 29 and all other relevant regulatory requirements.
10. Foster collaboration across multiple business groups and skilled teams to achieve common goals.
11. Engage with stakeholders to build strong, effective relationships and ensure alignment on risk management objectives.
12. Lead by example, upholding the values and vision of the organization, and serving as a role model for all colleagues.

Your Profile

Essential skills/knowledge/experience: (Up to 10, Avoid repetition)

We are seeking an expert Control Testing Consultant with Job Family Risk and Compliance with functions: Enterprise Risk Management who has previous experience in this area.

They must have strong skills in the following areas:

1. Demonstrated expertise in independent controls testing and risk management practices.
2. Proven experience in developing and implementing effective control testing strategies.
3. In-depth knowledge of industry standards and regulatory requirements related to specific risk areas.
4. Detailed understanding of Provision 29 requirements.
5. Experience using the GR&C module in Service Now (desirable).
6. Exceptional communication skills & stakeholder management
7. Critical thinking & problem-solving skills.
8. Thorough understanding of the risk landscape and emerging threats.
9. Familiarity with the financial services industry, including its regulatory environment and compliance requirements.

Desirable skills/knowledge/experience: (As applicable)

Commercial

• Ability to apply commercial acumen to develop and implement control testing solutions.
• Understanding of the financial implications and business impact of associated risks.

Interpersonal

• Exceptional communication, facilitation, collaboration, and influencing skills.
• Proven ability to engage with stakeholders at all levels and build strong, effective relationships.
• Highly adaptable, with the ability to navigate and thrive in ambiguous situations