North America Commodities Business Control Manager - Senior Associate

Commodities Business Control Manager Senior Associate - New York

The Markets BCM (Business Control Management) team is responsible for building, developing and running the controls framework for the Markets businesses globally.

They are key partners working with the functional teams to evolve and improve the control environment, to challenge existing practices, to identify and assess risk to the business, and to drive best in class practices.

The BCM team interacts with multiple line and corporate functions and need to be able to work effectively with senior executives of the firm.

The individual will need to establish very strong relationships with their business and develop a deep understanding of the business, its control challenges, the architecture and products.

Job Responsibilities


* Assisting in the assessment of the end to end control environment and in the resolution of any control issues that surface, including providing a framework for developing "best practice" standards


* Seek to mitigate operating risk across functions by proactively identifying and resolving operational risk exposures


* Facilitate the execution of control programs such as Risk & Control Self Assessments, Risk Event Reporting, Executive Governance meetings and control forums, etc working with the Business Control Officer and the associated line members.


* Participate in projects sponsored by Business Control Officer.

Includes operating as the project manager on key control initiatives within the BCM space as well as acting as a consultant on control initiatives managed within central control functions.


* Preparation and presentation of the monthly Control Dashboard and Business Control Committee , highlighting key areas of the global commodities control environment for senior management.


* Partner with your Global colleagues to ensure consistency across Global Commodities control landscape


* Engage on relevant control matters and initiatives pertaining to the Energy Business and Physical Commodities


* In this role the individual will interact directly with NA Commodities Traders and multiple line functions, including: Legal and Compliance, Market Risk, Valuation Control, Product and Financial Control, Trade Support, Technology and Operations.


* The candidate should be interested in working in a fast-paced and dynamic environment, participating in key initiatives, and becoming involved in a diverse set of issues that will have a direct impact on the future success of the group.


* In partnership with your Global colleagues, work on all items control related, including:
+ Commodity Governance Forums
+ Oversight of Commodity Scorecards and metrics
+ Liaise with Internal/External Auditors and Regulators
+ Promote Control training, ensuring prioritization and completion
+ Help facilitate Risk Control Self Assessments and Risk and Control programs
+ Participa...