Designation: Risk and Compliance Associate Manager
Qualifications: Any Graduation
Years of Experience: 10 to 14 years
What would you do
Job Posting Title - Risk and Compliance (RC) for Corebridge Account Technology Infrastructure Portfolio
OVERALL PURPOSE OF JOB
This outlines the job-related expectations and qualifications for a designated 2nd line of defense Risk and Compliance (RC) role on the Corebridge (CRBG) Account with a focus on operational, fraud and privacy risk pertaining to the CRBG Technology Infrastructure services (infrastructure and applications and Corporate Funcations). The role reports directly to the RC lead assigned the Corebridge Account.
There are two objectives to this role: (1) Protect CRBG; and (2) Protect Accenture
JOB REQUIREMENTS
Risk Assessment
Functional Process knowledge
Ability to assess the process controls
Audit Reporting skills
Technology Auditing
Competency Name
Communications skills / Presentation
Influencing effective collaboration skills
Virtual teaming experience
Analytical skills
Focus on Goals/ Result orientation
Flexibility/ Adaptability
Initiative
Polished, professional presence
Decision making
What are we looking for
Qualifications
Education and Experience
- Bachelors degree in accounting and auditing (or geography equivalent).
- Chartered Accountants and / Certified Internal Auditors (CIAs) / Certified Information Systems Auditor (CISA) or CPAs / Master of Business Administration (MBAs) preferred.
- CL9 - 5-8 years of experience in Internal audit of Outsourcing experience industry preferably in process management, Audit Lead and/or service delivery operations.
- CL8 8 to 12 years of experience in Internal audit of Outsourcing experience industry preferably in process management, Audit Lead and/or service delivery operations.
Work Requirements/Conditions
- The Role is remote with occasional requests for RTO.
- The role is US hours with potential flexibility so long as the latter part of the US time zone is covered as the Corebridge client operates in US central time zone.
Work Requirements/Conditions
- The Role is remote withy occasional requests for RTO.
- The role is US hours with potential flexibility so long as the latter part of the US time zone is covered as the Corebridge client operates in US central time zone.
People/Knowledge
- Accenture Delivery Organization
- Accenture risk triage tools and processes
- Accenture Risk and Compliance organization and requirements
- CRBG Insurance Operations control environment
- Corebridge Sox and Soc Controls
- Corebridge Accenture contractual provisions pertaining to operational risk losses
Roles and Responsibilities:
1. Protect CRBG: To fulfill the first objective, the role holder will have a strong grasp of the CRBG Sox and Soc controls that Accenture Delivery executes for CRBG as well as the CRBG risk escalation and reporting policy a) Understand the CRBG control environment and operations context and promote compliance with the CRBG Risk Escalation policy within that context b) Understand the Accenture Operations Delivery role in the CRBG business from the detailed level of the DTPs to the SOWs and MSA where applicable c) Communicate risk incidents and events in an articulate and professional risk lens manner, categorizing by risk type (operational, fraud, privacy)
d)
Drive risk remediation and issues management efforts to de-risk the CRBG control setting through proposed control enhancements e) Facilitate / host / contribute to risk governance meetings including weekly client risk meetings f) Support and drive data integrity including Accenture-CRBG risk inventories to ensure completion of all risk events g) Prep and support client risk governance meetings as well as internal Accenture prep meetings with Leadership to ensure alignment on messaging h) Oversee, evaluate, and test the CRBG Sox / Soc Control Execution and Attestation process i) Partner with first line Accenture teams on first line control testing and contribute to risk remediation efforts to improve preventative controls to reduce residual risk j) Partner with CRBG risk teams on risk initiatives and projects k) Produce risk insights reporting to showcase the risk trends, thresholds, and metrics based on agreed CRBG + Accentures risk appetite
2. Protect Accenture To fulfill the second objective, the role holder will understand the operational and financial impacts of operational and fraud losses to Accenture a) Follow Accenture policies and promote compliance with these policies when considering risk events within the CRBG environment (e.g. ensure ASOCs are raised by Delivery when needed) b) Understand the MSA and SOW for the CRBG account including provisions and change orders that refer to financial impacts such as Payment Loss and Breakage (gain loss)
c) Quantify Financial Impacts to Accenture based on contractual baseline methodology by reviewing risk events for process date, reported date, DTP expectation at process date, justification for assignment of fault (CRBG or Accenture) QA / QC effectiveness, root cause, risk mitigation and remediation plans