Internal Controls Framework (ICF)

London, England, United Kingdom

6/18/2025

Job Description

What's this role about?

Here's How You'll Contribute

• Scope of Services
• Internal Controls Framework (ICF): The IT Department operates circa 80 Internal Controls over Financial Reporting. The role includes monitoring compliance for ICF controls in order to flag controls that are at risk of failing earlier, documenting operating procedures for ICF controls in order to be used as reference documents for the teams and auditors. Testing of control operation in line with the bank’s ICF testing methodology.
• Risk Register: Raising issues related to non-compliant controls in the banks Risk Register system, agreeing remediation actions with owners and monitoring progress of remediation.
• SWIFT CSP attestation: Assistance in gathering evidence and testing of controls in support the annual SWIFT CSP compliance assessment.
• Audit: assisting the external audit process by collecting evidence related to ICF controls in order to reduce duplication on IT teams.
• Deliverables
• Documentation of ICF control operating procedures.
• ICF control monitoring, follow up with control owners in order to ensure timely remediation of any failures.
• Completion of control testing to validate compliance in line with the bank’s ICF testing methodology
• Assist in documenting control deficiency waivers and risk acceptances where required in line with the existing risk acceptance procedures.
• Update the IT Risk Register, liaise with issue and action owners in order to ensure timely completion of actions.
• Documentation of risk and compliance processes and creation of templates for new processes including guidance.
• Liaise with external auditors, tracking evidence requests to ensure timely responses
  
  

How We’d Like You To Lead

Advantage Zensar

We are a technology consulting and services company with 11, 800+ associates in 33 global locations. More than 130 leading enterprises depend on our expertise to be more disruptive, agile and competitive. We focus on conceptualizing, designing, engineering, marketing, and managing digital products and experiences for high-growth companies looking to disrupt through innovation and velocity.

Zensar Technologies is an Equal Employment Opportunity (EEO) and Affirmative Action Employer, encouraging diversity in the workplace. Please be assured that we will consider all qualified applicants fairly, regardless of race, creed, color, ancestry, religion, sex, national origin, citizen status, age, sexual orientation, gender identity, disability, marital status, family medical leave status, or protected veterans’ status.

Zensar Is a Place Where You Are Free To Express Yourself In An Environment That Values Individuality, Nurtures Development And Is Mindful Of Wellbeing. We Put Our People And Customers At The Center Of Everything That We Do. Our Core Values Include

• Putting people first
• Client-centricity
• Collaboration
  
  

Grow. Own. Achieve. Learn. with Zensar