Controls and Operations Analyst

Taylor James Resourcing; City Of London; On-site; GBP 42,000 - 50,000; Full time

Job summary

A leading insurance organization is seeking a Controls and Operations Analyst with expertise in auditing, accounting, and knowledge of Sarbanes Oxley and Solvency II. The role involves evaluating internal controls, preparing key reports, and fostering a continual improvement ethos. A competitive salary up to £50,000 plus full benefits is offered for the ideal candidate.

Benefits

Full benefits package

Qualifications

• Experience in auditing, accounting, controls or process experience.
• Knowledge of Sarbanes Oxley (SOX) and Solvency II.
• Experience in evaluating IT Internal Controls for SOX.

Responsibilities

• Participate in risk-based scoping and control evaluations.
• Ensure key controls are operating effectively throughout the year.
• Prepare reporting to key audiences based on self-assessments.
• Support improvement initiatives fostering a continual improvement ethos.

Skills

Auditing

Accounting

Controls/process experience

Knowledge of Sarbanes Oxley

Knowledge of Solvency II

Financial reporting

Job description

Overview

Controls and Operations Analyst. to £50,000 + full benefits package

For a candidate with auditing or accounting or controls / process experience and knowledge of Sarbanes Oxley and Solvency II, financial reporting this could be an excellent opportunity to join a leading insurance organisation with an excellent market reputation .

Experience in evaluating IT Internal Controls and systems for SOX and/or Data Quality for Solvency II is highly desirable.

Responsibilities

• participate in risk-based scoping, mapping, documentation, control evaluations, gap remediation and regular (quarterly) certifications / attestations and testing as part of the internal control and data quality framework.
• Ensure key controls are designed and operating effectively throughout the year. Work with the business areas to identify new and changed processes impacting compliance and ensure that new controls and datasets are identified, documented and evaluated in a timely manner.
• Oversee the DQ framework
• Investigate DQ improvement ideas with the business and present conclusions at DQ Forum
• Work with business to implement rules over the data to improve quality
• Maintain up-to-date cycle documentation
• Prepare reporting to key audiences based on each period’s self-assessments and KPI’s, communicating areas of concern, improvements and changes to control and data frameworks.
• Support the team performing activities for the Sourcing function and monitoring of SLAs
• To prepare monthly reporting for submission to Governance committees.
• To collate, review, maintain and update as required, key process monitoring timetables detailing key multi departmental processes across the business.
• Work with the team to maintain the process framework (comprising of a central process library, departmental process maps and procedures)
• Support and enable improvement initiatives fostering and delivering a continual improvement ethos.

Qualifications

• Experience in auditing, accounting, controls or process experience with knowledge of Sarbanes Oxley (SOX) and Solvency II, and financial reporting.
• Experience in evaluating IT Internal Controls and systems for SOX and/or Data Quality for Solvency II is highly desirable.