A control tester in finance is responsible for testing and assessing controls in a financial or banking environment to ensure compliance with regulatory requirements and policies.
Their responsibilities include: Testing Designing, implementing, and running test plans and scripts to ensure controls are working effectively Analysis:
Analyzing risk and control data to determine risk-based scopes for processes Compliance
Ensuring compliance with policies, procedures, laws, and regulations Reporting: Providing comprehensive analysis and conclusions of test findings Root cause analysis
Conducting root cause analysis of control failures and providing recommendations for remediation Process improvement
Identifying areas for improvement in processes and pushing for ideas to increase efficiency Client relations
Establishing and maintaining good client relations during testing engagements Communication: Creating and delivering verbal and written communications between business partners
Digital : Risk Regulatory Compliance Analytics, Internal Auditing