An International Banking institution wish to recruit a Payments SME with a focus on risk/controls/regulations especially in relation to CHAPS.

Main Duties

• Document appropriate controls based on regulatory needs and assessing the effectiveness of such controls by conducting control testing
• Coordinate across three lines of defence to ensure project task is completed in a timely manner
• Prepare and manage questionnaire responses from Bank of England
• Prepare regular reports for Head of Department and Senior Management when required
• Complete CHAPS Compliance analysis, thus developing suitable controls and remediation action
• Analyse CHAPS activities, identify relevant risks and document them
• Assist to discover, detect, document, manage and mitigate CHAPS related full range of risk types
• Provide support for the first line of defence (1LoD) to identify risks as well as document and manage them. Provide assistance in designing controls and testing their effectiveness

Requirements

• Degree educated in Finance, Economics, Accounting or other equivalent
• Experience within the Financial Services industry and proven track record in similar business stream
• Experience of SWIFT and CHAPS payment processing and relevant global payment schemes
• Project management experience
• Risk and controls experience