Business Control Analyst Job Description
Business Control Analyst Duties & Responsibilities
To write an effective business control analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included business control analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Business Control Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Business Control Analyst
List any licenses or certifications required by the position: CISA, CISM, CISSP, CPA, ORM, KYC, CECRL, B2, PMP, CIA
Education for Business Control Analyst
Typically a job would require a certain level of education.
Employers hiring for the business control analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Business, Accounting, Economics, Management, Business/Administration, Computer Science, Information Systems, Statistics, Education
Skills for Business Control Analyst
Desired skills for business control analyst include:
Desired experience for business control analyst includes:
Business Control Analyst Examples
Business Control Analyst Job Description
- Create strong partnerships with LOB Compliance, Corporate AML Operation and Reporting groups in order to access and report metrics accurately and consistently across organizations
- Tracking with the developer resource(s) to ensure all required functionality is on track for delivery
- Engaging with release management to ensure the new technology is implemented on time
- Working with the business users to ensure an adequate testing plan is being executed to mitigate post implementation risk
- Leadership role within Financial Control and Investor Team working groups responsible for executing strategic initiatives
- Manage and analyse business requirements into a solution design, managing user requirements workshops and formulation of an overall solution design, modelling transactions through the system to ensure that the business requirements are met
- Hands-on business analysis role to analysis and propose solutions for business issues, process changes and functional requirements
- Work with different IT teams across infrastructure, and other divisions to deliver system solutions for the business
- Business Relationship Management - Acting as a central point of contact for all Trade execution information, queries, issues with the relevant line of business, including its support functions
- Risk review action plans ensuring material risks properly mitigated and validate execution and closure
- Drive change management effectively and lead implementation
- Manage work stream relationships with IT
- Must come from a product control or finance control background within investment banking
- Must have business analysis experience
- Must have a formal project management qualification such as Prince2
- Strong interpersonal skills with ability to work across different geographies and cross functional partners
Business Control Analyst Job Description
- The role holder will also provide functional and analytic support from a Risks and Controls perspective to deal with requirements from a variety of stakeholders across Operations, Financial Crime Compliance (FCC), IT, business, Monitors, Auditors
- Running cross LOB thematic and specific reviews to deliver a consistent and improved control environment and/or address specific regulatory concerns
- Cross LOB inherent / residual risk and control benchmarking & results analysis
- Represent Markets and provide leadership and business expertise into Corporate and CIB policy and other cross business control reviews
- Build complex Quality Assurance reports across multiple systems and businesses
- Maintain business reporting tools and excel add-ins for our clients
- Design VBA applications as necessary to support the business
- Translate large data sets into meaningful reports using SQL and SAS
- Work with peers and leadership to support key activities in the department
- Working closely with the offshore development teams to develop functional specifications and technical designs
- Strong understanding of market data sourcing, curve construction, application of market data relating to specific product/instrument type
- Crew Control experience
- Aviation/airlines sector experience
- Legality L2K experience
- Familiarity with SQL, XML, Web Services
- Degree in Finance and/or Audit with a strong analytical discipline
Business Control Analyst Job Description
- Comply with all policies and procedures prescribed by management
- Document testing results in comprehensive, organized evidence files within ALM and SharePoint following the firm’s Privacy and Information Security guidelines
- Work with the business SMEs and testing leads to identify and document gaps and observations
- Maintain collaborative relationships with our business partners
- Document risks and controls linkage into the bank-wide management tool (igrafx)
- Obtain all required approvals for publication of process maps through the bank-wide management tool
- Partner with Controls peers and Functional Control Officers to ensure efficient and effective results that will support the RCSA process
- Owns and writes and manages internal department Standard Operating Procedures where applicable
- Support quality assurance reviews of AML Risk Assessment scoring metrics calculation and perform testing on the various BI tool deliverables
- Maintain appropriate tracking and management process, building common practices, principles and templates for managing projects aligning with existing tools and processes
- Excellence in problem solving & analysis skills
- Partner with multiple functions across front office, product control, financial control
- Minimum of 3-5 years markets experience
- Experience with either Six Sigma or Lean Manufacturing concepts an asset
- Swiss Banking Secrecy knowledge with Banking / accounting experience in Switzerland (desired, but not mandatory)
- Professional English language skills
Business Control Analyst Job Description
- Ensuring that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards
- Supporting management and remediation of all the risks and issues identified by global and group teams across various lines of defence
- Maintain a complete log of and track all transaction screening audit
- Committed to analysing a wide range of management information and data related to Risks and Issues including producing summary reports for stakeholders globally
- Ensure awareness and oversight of all risks and issues in the Group relating to Payments ,Securities Sanctions Screening
- Prepare and present accurate management reports / KPI / control reports on a regular basis within the set deadlines
- Design, develop and enhance existing management reporting capabilities
- Identify business information/data requirements and implement optimal reporting solutions
- Assure the accuracy of the management information
- Execute and enhance a range of daily, weekly and monthly control reporting
- Understanding of Phoenix system a plus
- Ability to apply a logical, structured and analytical thought process to resolving issues
- Service orientation and customer focus for our internal clients
- Experience working in the branch environment
- Minimum 1 year experience working with large corporate customer databases/applications and producing reporting
- SQL query building knowledge
Business Control Analyst Job Description
- Maintain procedures related to processes maintained within the Client Asset Control Team
- Track all activities that are required for a successful introduction of the new controls
- Investigation of network logs and correlation with other inventories to identify clients downloading executables
- Preparation of a list of clients and file downloads that would be impacted by the executable download control based on the investigations performed
- Targeted corporate communications for service introduction
- Interface with the outsourcing provider and the impacted business organizations/clients
- Responsible for ensuring end-to-end process mapping across Card
- Ability to navigate well and partner with business and control leadership, functional partners, and external Suppliers to identify key dependencies and develop integration strategies
- Perform business analysis and support for multiple large cross-LOB initiatives, programs and projects, including stakeholder management, operating model development, communication, determining projects plans, delivery and risk /dependency management
- Partner with the business to establish a formally approved and documented list of high risk processes
- Adapt to changing needs & deadlines
- Pay attention to details and all aspects of the projects
- Demonstrated ability to manage to tight delivery timelines and remain calm under high pressure
- Knowledge of payments processing and systems a plus
- Strong collaboration, analytical, written and verbal communication skills
- Candidate should be organized with effective time management skills