Lead SME _ First-Line Control Testing

Tata Consultancy Services

Green Bay (WI)

On-site

USD 90,000 - 120,000

Full time

12 days ago

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Benefits offered by this job

Discretionary Annual Incentive

Comprehensive Medical Coverage

401K Plan

Certification & Training Reimbursement

Job summary

Tata Consultancy Services is seeking a senior risk professional in the United States to lead the first-line control testing framework and RCSA program development across banking processes. You will guide workshops with senior stakeholders and ensure regulator-ready methodologies and executive reporting.

Qualifications include 12+ years in operational risk-related disciplines, a finance/accounting background, and relevant certifications.

Qualifications

12+ years in operational risk, RCSA, internal controls, or related financial-services risk disciplines.
Experience designing or transforming first-line control testing and RCSA programs within a bank or regulated financial institution.
Bachelor’s degree in finance, accounting, risk management, business, information systems, or related discipline; advanced degree preferred.

Responsibilities

Lead the current-state assessment of the first-line control testing framework, process taxonomy, risk-rating criteria, key control standards, control design methodology, testing procedures, governance, QA, and reporting.
Define and validate a defensible methodology for identifying high-risk processes, documenting risks, and determining testability.
Lead development of the process, risk, and control baseline for ten priority processes across multiple business areas.
Oversee preparation and quality review of process inventories, maps, KRCMs, control design assessments, testing plans, workpapers, and reports.
Direct operating-effectiveness pilot testing for ten key controls across three processes; ensure evidence sufficiency and proper reporting.
Establish quality standards for tester qualification, documentation, evidence sufficiency, and QA.

Skills

Operational risk

RCSA

Internal controls

First-line testing

Regulatory risk

Education

Bachelor’s degree in finance or related field

Advanced degree preferred

Tools

COSO 2013

IIA Three Lines Model

Job description

Job Description

Must Have Technical/Functional Skills

Typically 12+ years of experience in operational risk, RCSA, internal controls, first-line control testing, compliance risk, internal audit, or related financial-services risk disciplines.

Significant experience designing or transforming first-line control testing and RCSA programs within a bank or regulated financial institution.
Deep knowledge of risk and control inventories, process taxonomy, risk assessment, key control identification, control design assessment, operating-effectiveness testing, sampling, evidence standards, issue management, QA, and reporting.
Strong working knowledge of COSO 2013, the IIA Three Lines Model, 12 CFR 30 Appendix D, and relevant banking regulatory expectations.
Experience across banking processes such as payments, consumer lending, mortgage, deposit products, checking account opening, loan origination, pricing, and marketing.
Proven ability to develop regulator-ready methodologies, playbooks, templates, operating models, executive reports, and implementation roadmaps.
Demonstrated experience leading workshops and managing senior stakeholders across first line, second line, Internal Audit, technology, data, and business operations.
Strong technical review, analytical, problem-solving, communication, and executive-presentation skills.
Experience coaching and assessing control testers through practical execution and quality-review cycles.
Bachelor’s degree in finance, accounting, risk management, business, information systems, or a related discipline; advanced degree preferred.
Relevant certification preferred, such as CPA, CIA, CISA, CRMA, CRCM, or equivalent risk/control qualification.

Roles & Responsibilities

Lead the current-state assessment of the first-line control testing framework, process taxonomy, risk-rating criteria, key control standards, control design methodology, testing procedures, governance, QA, and reporting.

Define and validate a defensible and reproducible methodology for identifying high-risk processes, documenting key risks, designating key controls, and determining control testability.
Establish the maturity baseline and 12-month target state, ensuring recommendations are traceable to 12 CFR 30 Appendix D, COSO 2013, and the IIA Three Lines Model.
Lead development of the process, risk, and control baseline for ten priority processes across multiple business areas.
Oversee preparation and quality review of process inventories, process maps, KRCMs, control design assessments, testing plans, workpapers, exception logs, and reporting templates.
Direct operating-effectiveness pilot testing for ten key controls across three selected processes, including population definition, sampling rationale, evidence sufficiency, exception evaluation, conclusions, and reporting.
Establish and enforce quality standards for tester qualification, documentation, evidence sufficiency, workpaper review, QA, issue escalation, and risk acceptance.
Lead development of the target operating model, including roles, decision rights, governance forums, QA, escalation, issue linkage, KRIs, risk appetite linkage, and no-testing strategies.
Facilitate workshops and working sessions with first-line business leaders, second-line risk, Internal Audit, control owners, data teams, technology stakeholders, and governance committees.
Resolve complex methodology question s and provide clear recommendations while recognizing that final methodology, risk acceptance, control designation, remediation, and acceptance decisions remain with the Bank.
Review and approve all technical deliverables before submission, ensuring findings are evidence-based and recommendations are prioritized by impact, effort, dependency, and ownership.
Lead shadow and reverse-shadow activities, coach Bank testers, assess competency, and support achievement of the required first-pass quality threshold.
Identify practical automation and Bank-approved AI opportunities, define reviewer controls and data-handling constraints, and ensure AI is not used to generate conclusions in pilot workpapers.
Support engagement governance through weekly working sessions, steering updates, risk and issue escalation, decision tracking, and Phase 1 gate-readiness assessments.
Maintain compliance with Bank security, confidentiality, NPI-masking, data-handling, location, training, and third-party risk requirements.