Risk Partner, Swift

• 8+ years of experience as an internal auditor, tech risk or compliance specialist (or equivalent)
• Understanding of risk management principles and experience of implementation
• Critical thinking skills, ability to challenge and deliver feedback
• Relationship management skills, ability to present difficult messages well
• Ability to see the bigger picture and support Swift overall
• Confidence to speak-up

Desirable

• As a Risk Management Specialist, you will identify and analyze potential sources of loss to minimize risk, estimate the potential financial consequences of an occurring loss, develop and implement controls, and use cost-effective approaches to minimize the organization's risks
• You will also assess and communicate information regarding business risks with functions across the organization
• The Control Testing team is part of the wider Risk Department at Swift. We support our colleagues, across first and second lines, to continue to deliver excellence in risk management
• No two days are the same, and by joining us you will be supporting delivery of Swift’s strategy by providing subject matter expertise to ensure colleagues implement control frameworks and control testing
• The Risk Partner reports to the Head of RCSA and Control Testing
• Ensure that the Control Testing Framework aligns to the ERM principles and other control frameworks in place (e.g. ISAE-baseline, Agile Control Framework)
• Apply expertise to challenge control owners and testers, to ensure the risk is appropriately mitigated and the mixture of controls is suitable (per risk(s))
• Support second line colleagues during RCSA activity and provide expert input and guidance on i) which controls are needed, ii) how to document controls in line with the framework and iii) how to write test steps to robustly test controls
• Sample and then challenge control testing that the first line has completed, to provide a second line opinion on how robust the testing is (in line with the CT framework). Identify areas that require further support/ training/ etc and make arrangements to provide this
• Identify opportunities to automate controls and/ or their testing
• Oversee first line control testing progress, including escalation of control tests at risk of missing deadlines
• Monitor and report RCSA progress against plan on a weekly basis, and escalate any at risk of missing deadlines
• Support the preparation of regular reporting to Executives and Board. Collate information from various sources and analyse to gain insights
• Input and support the medium-long term view on continuous improvement of RCSAs and first line control testing
• Prepare and present ad-hoc training/ awareness (RCSA and/ or controls testing) requested by first line as well as regular updates from second line (usually held as 'all company' Teams calls)
• Develop specific skills and understanding related to own area of expertise. Bring new external ideas to improve processes
• Drive simplification and a harmonised approach in documenting and testing controls