Senior Analyst, Controls & Issues Advisory

Mastercard; City of Westminster; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading technology firm in the United Kingdom is seeking a Senior Analyst in Controls and Issues Advisory to ensure compliance with policies and regulations. This role involves analysing existing controls, addressing weaknesses, and supporting operational risk management. Ideal candidates should have experience in risk controls, strong analytical skills, and the ability to communicate effectively with various stakeholders. The position offers a crucial role in maintaining the robustness and security of financial operations.

Qualifications

• Experience in advising on operational risk controls and issues management.
• Ability to communicate effectively with stakeholders across the organisation.
• Experience in supporting risk and controls self-assessment processes.

Responsibilities

• Analyse existing controls and identify control gaps.
• Support implementation of control and issue management policies.
• Assist in management of the Controls Library.

Skills

Understanding of internal controls framework principles

Key operational risk management principles

Support operational risk controls and issues management

RCSA processes experience

Key operational resilience principles

Communication skills

Strong analytical skills

Ability to stay calm under pressure

Job description

Senior Analyst, Controls and Issues Advisory

Within the newly formed Controls Office at Vocalink Limited, the Senior Analyst, Controls and Issues Advisory supports the processes to ensure operations are compliant with policies, procedures and regulations, while also identifying and addressing any control weakness or issues. This involves analysing and supporting the implementation of controls, monitoring their effectiveness and providing recommendations for improvement. The team is dedicated to ensuring that Vocalink's services remains robust, secure, and seamless for 60+ million citizens every day - in numbers, that is 11 billion transactions every year with a value of over £6 trillion.

Responsibilities

• Analyse existing controls, support in the identification of control gaps and provide controls and issues assistance to 1LOD functions in line with Vocalink Limited's Enterprise Risk Management Framework.
• Support the implementation of applicable procedures to enable effective 1LOD adoption of Vocalink's control and Issue management policies and processes.
• Assist in the management and maintenance of the Controls Library (L1-L3).
• Analyse proposed new controls or changes to existing controls in line with agreed processes and provide a view on the appropriateness of the proposals.
• Assist with the completion of control effectiveness assessments.
• Analyse and support the remediation of control deficiencies and provide issues triage and submission validation.
• Undertake analysis of the control environment and make improvement recommendations.
• Promote collaborative working relationships with stakeholders across the organisation.

Qualifications

• Understanding of internal controls framework principles.
• An understanding of key operational risk management principles and approaches.
• Experience of working in or advising functions on operational risk controls and issues management.
• Experience in supporting Risk and Controls Self-Assessment (RCSA) processes, ideally in a banking, financial services, IT or payments context.
• An understanding of key operational resilience principles.
• Experience of working in 1st or 2nd line risk teams or within 3rd line Internal Audit functions within a financial services environment.
• Experience in supporting the application of operational risk frameworks and understanding of risk assessment methodologies.
• Ability to communicate effectively with stakeholders across the organisation (both written and oral).
• Strong analytical, reporting and presentation skills.
• Ability to remain calm and focused when working under pressure.
• Ability to prioritise workload to suit business needs.