Control Assurance Analyst

Internal Control Assurance: Control Assurance Analyst

Sainsbury's Bank

Edinburgh/Widnes/Milton Keynes/Remote

The majority of work may be undertaken remotely, however there will be occasional requirements to travel to the Edinburgh office or other sites.

In a nutshell

The Internal Control Assurance Team (ICAT) provide independent assurance on internal controls to business areas across the Bank and Argos Financial Services (AFS). As a Control Assurance Analyst, you will carry out independent assessments on the effectiveness of the internal control environment and the development and maintenance of the assurance framework.

This role sits within the Operational Risk & Resilience function that provides support to first line business areas on risk and control management.

What you'll be doing

• Support the development, maintenance and continuous improvement of the control assurance framework, test plans and test scripts, assesing Process Risk and Control Assessments (PRCA) and emerging themes/trends/threats.
• Support ICAT by drafting control sample tests and undertaking control testing in line with the Bank's approach and Quality Assurance standards, ensuring risks are being managed effectively.
• Prepare and produce accurate test scripts and reporting on findings from assurance reviews.
• Engage with risk and business stakeholders to support the development of appropriate action plans to address any process / control weaknesses identified through testing.
• Manage own workload to ensure deadlines are met and critical requests are prioritised.
• Share knowledge and ideas with ICAT colleagues and the wider Risk team, exchanging information and supporting the identification of best practice.
• Assist the team in ensuring work is completed accurately and adheres to internal Bank policies, standards, procedures and relevant external regulations and guidance.

What you need to know and show

• Good understanding of the financial services industry, Retail Banking & Insurance products and Telephony service channel.
• Good understanding of financial services regulations conduct risk requirements and the elements of a risk management framework.
• Strong advocacy for delivering fair customer outcomes.
• Excellent attention to detail.
• Excellent team player with ability to work closely with others to deliver results.
• Ability to manage own workload and work effectively under pressure.
• Good interpersonal and communication skills.
• Good written communication via Microsoft office suite (Word, Excel, PowerPoint).

Colleague Conduct Rules

The individual performing this role is expected to adhere to the conduct rules as specified by our regulators (PRA and FCA).

Our benefits

In addition to the all-important salary, pension & bonus offering, we totally get that life outside work is important to us all. So we want to shout out some of our other great benefits...

• Flexible working to help you achieve a good work/life balance
• Opportunity to buy extra holidays
• Discounts on your weekly shop, buying a laptop or sofa? We've got it covered through your Sainsbury's, Argos and Habitat store discount card
• Cycle to work scheme

A little about us & our culture

We're proud of our heritage as the UK's first supermarket bank. As digital technology drives the banking landscape we want to be at the cutting edge of this technology, offering award winning innovative digital banking products to our customers. Technology is where we see our growth therefore, we need innovators to join us and drive the next phase of our evolution.

We're a friendly bunch who collectively share a passion to make our customers' financial lives easier. As part of the wider Sainsbury's Group, being one of the UK's most trusted brands, it brings our colleagues a wealth of opportunities to fulfil their potential. Here, you can be part of something bigger and help to create a new approach that puts the customer at the heart of everything we do.

Everyone is welcome at the Sainsbury's Group, and we're proud to be an equal opportunities employer that champions a diverse and inclusive culture that reflects the diversity of the communities we serve.

Work-life balance is important to us, so we offer our colleagues as much flexibility as possible in line with the needs of their role. We trust them to decide how, where and when they work, combining remote and collaborative working with a flexible approach to hours within their working days, giving plenty of time and space for life outside of work whilst delivering against our business goals.

If you're interested in applying and are excited about working with us but are unsure if you have the right skills and experience - we'd still love to hear from you! We'd also be happy to discuss more flexible working options such as job shares and part time working.

As this role involves working within a regulated environment any offer will be subject to satisfactory background checks including criminal record check, credit check, fraud check and employment references.

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