In-Business Control Officer

In-Business Control Officer
Description
This role sits within the In-Business Control team, reporting into the MD, In-Business Control Lead, and is responsible for providing 1st Line risk and control support and capabilities. This includes the identification and remediation of risk and control issues, implementation of control monitoring and testing, delivery of insights to enable appropriate risk-based decision making and embedding controls into new processes and solutions to ensure quality and adherence to regulation and internal policies. This role will work closely with Compliance, Rating Operations, Editorial, Analytic teams and other IBC colleagues to implement an effective 1st Line risk and control framework that ensures the production of quality ratings in a manner consistent with established policies, procedures, and applicable regulations.
Responsibilities

• Partner with Ratings colleagues to ensure alignment between specific risk priorities and broader IBC, Ratings, and corporate priorities.
• Help to ensure that new (or changes to) processes and solutions are designed with necessary controls to ensure quality, risk mitigation, and adherence to policies and regulation.
• Help to deliver the necessary insight to Rating Operations, Editorial and Analytical personnel to enable effective risk-based decision making.
• Carry out risk-based periodic monitoring and testing of key controls; Utilize databases to develop and design monitoring and testing of controls.
• Contribute to projects that address regulatory needs (e.g., modifying processes to address changes in regulation, regulatory exams, remediation of findings, etc.)
• Participate and/or leads projects with emphasis on controls and process improvement.
• Advise and become involved with the development of standard operating procedures and the internal controls inventory.
• Work with 2nd/3rd Line departments (e.g., Compliance, Internal Controls, etc.) to optimize the partnership between the 3 Lines of Defense.
• Monitor exceptions to process and ensure compliance with applicable procedures.
• Analyse and resolve moderately complex situations as they relate to internal controls and quality assurance activities.
• Subject matter expertise of key Standard Operating Procedures of S&P Global Ratings.
• Support risk and regulatory projects across S&P Global Ratings, as needed.
• Provide support in the development and resolution of Management Action Plans (MAPs) that address regulatory, compliance and internal audit findings.
• Support and deliver training on policies, procedures, and controls, as well as for any systems or tools related a specific control.
• The role will also contribute to global risk and control initiatives.

Knowledge, Education & Experience:

• 2-3 years of relevant experience and knowledge of sound practices relating to building and implementing an effective system of internal controls.
• Bachelor's degree required.
• Comfort with following up with senior personnel on deliverables.
• Excellent written communication skills.
• Confident, articulate and professional speaking abilities (and experience).
• Self-starter that is eager to learn new concepts and process different elements of risk.

• Demonstrated understanding of internal control principles, including what constitutes an effective control design.
• The ability to analyze and provide a credible assessment of the effectiveness of the internal control structured within his or her assigned sphere.
• An understanding of systems and reporting needed to effectively monitor control activities.
• Ability to work with minimal oversight; and demonstrate problem solving, decision making and consensus building skills.
• Knowledge of best practices in internal control testing approaches and documentation of results.
• The ability to identify potential internal control deficiencies and develop potential solutions where appropriate.
• Effective communication skills, both oral and written, and the ability to communicate at all levels of the organization.
• Operational expertise is strongly encouraged.

Compensation/Benefits Information (US Applicants Only):
S&P Global states that the anticipated base salary range for this position is $58,300 to $115,850. Base salary ranges may vary by geographic location.
In addition to base compensation, this role is eligible for an annual incentive plan.
This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, visit https://www.spgbenefitessentials.com/newhires.
Equal Opportunity Employer
S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.
BSMGMT202.1 - Middle Professional Tier I (EEO Job Group)