Associate Director, In-Business Control (Financial Services) Associate Director, In-Business Control (Financial  …

S&P Global
in Centennial, CO, United States
Permanent, Full time
Last application, 08 Feb 21
S&P Global
in Centennial, CO, United States
Permanent, Full time
Last application, 08 Feb 21
Associate Director, In-Business Control (Financial Services)
Location: North America

The Level: 12 (Internal purposes)

The Role:
Sits within the In-Business Control team, reporting into the MD, In-Business Control (Analytic), and is responsible for providing 1st line risk and control support and capabilities to the FS - SOV/IPF practice. 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 the analytic teams and other IBC colleagues to implement an effective 1st line risk and control management capability that ensures the production of quality ratings in a manner consistent with established policies, procedures, and applicable regulations.

  • Partner with Analytic colleagues to ensure alignment between practice-specific risk priorities and broader IBC, Ratings, and Corporate priorities
  • 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
  • Deliver the necessary insight to all analytic colleagues in the practice to enable effective risk-based decision making
  • Amend process checklist to ensure alignment with processes and policies and procedures
  • Develop and update tracking and monitoring of controls
  • Carry out risk-based periodic testing of key controls; and partner with other IBC colleagues to introduce automation to control monitoring and risk assessment processes
  • Contribute to projects that address regulatory needs (e.g. modifying processes to address changes in regulation, regulatory exams, remediation of findings, etc.)
  • Participates in (and leads as assigned) projects related to controls, quality and process improvement
  • Advise on the development of business risk policies, procedures and internal controls
  • Manage the practices implementation of policies, procedures and controls, including participation in relevant governance processes (e.g. SOP Governance, PGG, etc.), and updating/drafting of documents as needed
  • Work with 2nd/3rd Line departments (e.g. Compliance, Internal Controls, RRR, etc.) in order to optimize the 3 lines of defense
  • Monitor exceptions to the rating process to ensure compliance with all applicable policies and procedures and provide exception reporting to senior analytic leaders
  • Analyzes and resolves moderately complex situations as they relate to internal controls and quality assurance activities
  • Supports risk and regulatory projects across Ratings as needed
  • Provide support in the development of management action plans (MAPs) that address regulatory, compliance and internal audit findings
  • Provide and support user training on policies, procedures, and controls, as well as for any systems or tools that support these functions
  • Although the primary focus of the role is the FS - SOV/IPF practice, this role will also contribute to other IBC initiatives and processes across other practices/departments or globally as needed
Knowledge, Education & Experience:
  • 5-7 years of relevant experience and knowledge of sound practices relating to building and implementing an effective system of internal controls
  • Bachelor's degree required
  • Demonstrated understanding of internal control principles, including what constitutes 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 provide guidance to others; and demonstrate problem solving, decision making and consensus building skills
  • Under general guidelines and with a large degree of independence, has the ability to analyze unique, non-routine analytical or business problems in a timely and insightful manner but requires management oversight on most complicated issues/situations
  • Knowledge of best practices in internal control testing approaches and documentation of results
  • The ability to identify 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
  • Knowledge and subject matter expertise about the operational processes, risks, and regulatory considerations for the Analytic Practices
S&P Global Ratings

S&P Global Ratings is the world's leading provider of independent credit ratings. Our ratings are essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence. We have more than 1 million credit ratings outstanding on government, corporate, financial sector and structured finance entities and securities. We offer an independent view of the market built on a unique combination of broad perspective and local insight. We provide our opinions and research about relative credit risk; market participants gain independent information to help support the growth of transparent, liquid debt markets worldwide.

S&P Global Ratings is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit

S&P Global is an equal opportunity employer committed to making all employment decisions without regard to race/ethnicity, sex, pregnancy, gender identity or expression, color, creed, religion, national origin, age, disability, marital status (including domestic partnerships and civil unions), sexual orientation, military veteran status, unemployment status, or any other basis prohibited by federal, state or local 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: and your request will be forwarded to the appropriate person.

The EEO is the Law Poster describes discrimination protections under federal law.

202 - Middle Professional (EEO Job Group) (inactive), 20 - Professional (EEO-2 Job Categories-United States of America), BSMGMT202.2 - Middle Professional Tier II (EEO Job Group)

Job ID: 257191
Posted On: 2021-01-21
Location: New York, New York, United States
S&P Global logo
More Jobs Like This
See more jobs