Operation Control Testing

ob Summary

Responsible for performing testing of operational and internal controls to assess whether controls are appropriately designed and operating effectively. The role involves reviewing processes, identifying control gaps, documenting testing results, and supporting remediation of control deficiencies.

Key Responsibilities

• Perform operational control testing in accordance with the approved testing methodology and annual testing plan.
• Understand business processes, risks, controls, policies, and procedures.
• Develop and execute testing procedures, including sample selection and evidence review.
• Assess whether controls are designed appropriately and operating effectively.
• Review supporting documentation such as approvals, reconciliations, system records, reports, and transaction evidence.
• Identify, document, and validate control exceptions and deficiencies.
• Perform root-cause analysis and assess the potential impact of identified issues.
• Prepare clear and accurate control testing workpapers and test results.
• Communicate testing observations and exceptions to relevant stakeholders.
• Track remediation/action plans and perform follow-up testing where required.
• Maintain testing documentation in accordance with internal standards and audit requirements.
• Support internal/external audits, regulatory reviews, and risk-control assessments.
• Identify opportunities to improve control effectiveness and operational processes.
• Prepare periodic reports and dashboards on testing results, exceptions, and remediation status.

Required Skills & Qualifications

• Bachelor's degree in Finance, Accounting, Business, Risk Management, or a related field.
• Experience in internal controls, operational risk, internal audit, compliance, or control testing.
• Knowledge of risk and control frameworks and control-testing concepts.
• Strong analytical and problem-solving skills.
• Good understanding of sample testing, evidence evaluation, exception identification, and root-cause analysis.
• Strong written and verbal communication skills.
• Proficiency in Microsoft Excel and PowerPoint.
• Ability to manage multiple testing assignments and meet deadlines.
• Attention to detail and strong documentation skills.

Preferred Qualifications

• CIA, CISA, CPA/CA, ACCA, or other relevant professional qualification.
• Experience with SOX, COSO, operational risk, RCSA, or regulatory controls.
• Experience in banking, financial services, insurance, or other regulated industries.
• Familiarity with GRC, audit-management, or control-testing tools.