Job Description

The Team:

The mission of the Controls Assurance team is to monitor & improve adherence to editorial standards, regulatory requirements and key controls across benchmark reporting and other business line. Through the assessment of operational risk in business processes, the team also continually improves controls, whilst working to optimize the process. This team sits within the expanding Business Controls & Quality team, which plays an integral role in mitigating evolving risk across the division, ensuring that this position will have ample opportunity for significant upskilling through exposure & application.

The Impact:

This position supports the existing first-line of defense providing assurance and ensuring that Commodity Insights is meeting the regulatory commitments which enables our price assessments to be used in Exchange Traded Contracts for benchmark reporting business. In addition to benchmark reporting business the team also monitors & facilitates control processes assuring that controls are operating as designed for other business lines as well. The role will continually look to optimize existing processes and controls, will work to ensure ongoing adherence to operational business controls, using governance routines to escalate and address any issues. Through direct communication with front-line analysts and senior leadership, this position is a key point in establishing & strengthening relationships across various business lines and Business Controls & Quality.

What’s in it for you:

• Accountable for ensuring that operational, reporting and governance requirements are met for EBMR regulation, IOSCO processes, Editorial Standards in benchmark reporting as well as other business lines, as applicable especially for L&D activities
• Exposure to a range of business processes and senior management in the respective business lines
• Opportunity for relationship building across various structures and backgrounds
• Build business acumen, analytical and attention to detail skills
• Exposure to energy markets

Responsibilities:

• A central contact for all training reporting issues and can represent data at PABs and other Governance Boards.
• Maintains the in-scope employees for MRTS for core training and performance checks to ensure those are accurate
• Maintains the related matching core training list and reporting (includes Corporate, Risk and Compliance training)
• Maintains a centralized report for this and ensure its accuracy – with reporting to Governance boards
• spglobal.com/careers
• Maintains a list of outstanding exceptions (maternity leave, off sick)
• Issue management for training problems with the business – but has upfront knowledge of problems and can represent them
• Works with internal or external vendors if we identify a system issue through to resolution
• Handles Benchmark attestation reporting and chasing
• Build robust & reliable BI dashboard to support above L&D activities
• Accurate & timely execution of regular workflows which includes but is not limited to below activities
• IOSCO monthly benchmark process
• Monthly processes for determining Benchmarks in scope for EU Benchmark Regulation
• Support the IOSCO Assurance review with our external auditors for the pricing business
• Work with teams within Content, and with Content Leadership to ensure adherence to regulation, IOSCO Principles, and Editorial Standards across Pricing teams
• Work with Internal Applications team such as Appian, Tableau etc. to enhance the current control framework
• Identify opportunities for continuous improvement within BAU and work to implement them.
• Design and implement new processes and controls where needed to provide full assurance across all business lines as applicable.
• Interact with Global Licensing team for communication around new exchange contract listings.
• Monitor the quality of methodology change projects, in terms of the business process that is followed.
• Manage the data gathering or documentation requests to support team’s analysis or audit reviews
• Maintain an inventory of Price Assessments and ensure this is complete and accurate.
• Be able to effectively communicate control processes to internal and external parties. Ensure that all processes are fully documented.
• Highlight control breakdowns and non-operational compliance with regulation to the BCQ Control Managers and other parties as required for escalation routines.

 

What We’re Looking For:

• Flexible to support US/UK hours (2 PM to 11 PM IST shift)
• Excellent verbal and written communication skills
• Strong attention to detail and ability to meet deadlines.
• Proven background in automation and/or process enhancement
• Must identify opportunities and take action to build more efficient processes.
• Must be approachable, collaborative, and have the ability thrive in a fast-paced dynamic environment and be comfortable quickly shifting priorities on short notice.
• An analytical, structured, data driven, and strategically minded approach to assessing risks and designing and implementing/improving controls and processes.
• A sense of accountability and a strong drive for results and for getting deliverables over the line, within and beyond your direct span of control (tenacity and resilience).
• The initiative and curiosity to spot issues, ask questions, and to get to the real root cause of a business problem. Flexibility to step into issues as they occur.
• Reporting background (ability to report updates) with strong excel skills
• A drive for collaboration and (where it makes sense) standardization across sectors, regions, departments, to break down silo’s and to join up the dots (and to ensure others do).
• Organized with effective time management skills to ensure multiple streams of work are completed on time and to a high standard
• The ability to influence stakeholders and work closely with them to determine acceptable solutions
• Ability to follow direction and flag key questions for better understanding
• Self-motivated with an eagerness to build knowledge base
• Strong lean/agile mindset