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Regulatory Control Specialist

2 months ago


London, Greater London, United Kingdom Massenhove Recruitment Ltd Full time
About the Role

Massenhove Recruitment Ltd is seeking a highly skilled Regulatory Control Specialist to support the Controls and Data Assurance Manager in monitoring, maintaining, and improving the internal controls framework in accordance with regulatory requirements.

Key Responsibilities
  • Participate in regular self-certifications / attestations and testing as part of the internal control and data quality (DQ) framework, including the testing of EUCs, calculations / reports and ITGCs.
  • Prepare reporting to key audiences, including Governance committees, based on each period's self-assessments and KPIs, communicating areas of concern, improvements and changes to control and data frameworks.
  • Ensure key controls are designed and operating effectively throughout the year.
  • Work with the business areas to identify new and changed processes impacting compliance / consult over new processes to be implemented, and ensure that new controls and datasets are identified, documented and evaluated in a timely manner.
  • Maintain the process framework (comprising of a central process library with departmental process maps, procedures and policies, together with cycle documentation detailing key cross departmental data flows & controls).
  • Creation of new business units and modifications of the business unit hierarchy to align with strategic goals.
Requirements
  • Relevant professional experience in a controls / regulatory / audit role.
  • ITGC experience.
  • Insurance & Lloyds Market experience.
  • Auditing or accounting or controls experience.
  • Advanced knowledge of MS Excel.
  • Knowledge of Sarbanes Oxley and Solvency II.
  • Knowledge of IT controls and best practices preferred.
  • Intermediate knowledge of MS Visio and experience of process mapping.
  • Experience in evaluating processes and systems for SOX, Data Quality for Solvency II and / or Operational risk.
  • ACA / ACCA/ CPA or Audit qualifications preferred.