Join our innovative team at Benjamin Finance, where we are committed to upholding the highest standards of compliance and ethical conduct.
We are seeking an Internal Controls, Outsourcing and DORA Specialist, who will be pivotal in strengthening our internal control framework as we pursue our Electronic Money Institution (EMI) license and plan for our long-term strategic growth. This role will initially be on a contract basis but has the potential to develop into a full time role.In this critical role, you will report directly to the Chief Risk and Compliance Officer and interact with function heads across the firm to ensure that robust internal controls are in place.
Your expertise in risk and control self-assessments (RCSA), outsourcing frameworks, and the Digital Operational Resilience Act (DORA) will be crucial in safeguarding our operations and ensuring regulatory compliance.
Experience in an EMI environment, along with a strong background in control testing, third party selection and management under CBI & EBA guidelines, is essential.
Familiarity with the CBI and EBA regulatory requirements concerning outsourcing is a distinct plus.Key Responsibilities Internal Controls: Develop, implement, and maintain a robust internal control framework covering RCSA, outsourcing, and DORA compliance.
Ensure that internal control processes are aligned with industry best practices and regulatory requirements.
Controls Assessment & Testing: Lead regular risk and control self-assessments to identify potential vulnerabilities, evaluate risk mitigation strategies, and drive continuous improvements in internal controls.
Outsourcing & Third Party Management: Oversee the evaluation and management of outsourcing arrangements, ensuring that third party selection and ongoing management meet CBI & EBA guidelines and regulatory expectations.
DORA Compliance: Ensure adherence to the requirements prescribed by the Digital Operational Resilience Act (DORA), thus supporting the development of digital resilience strategies and oversight frameworks.
Collaboration: Work closely with function heads and cross-functional teams to integrate internal controls measures into daily operations.
Provide guidance and training as needed to foster a culture of risk awareness and control.
Requirements You have extensive experience in an EMI environment with a strong track record in internal controls testing, risk assessments (RCSA), and outsourcing framework management.
You possess in-depth knowledge of DORA and its implications for digital resilience in financial services.
You have demonstrable experience in third party selection and management under CBI/EBA guidelines.
Experience in dealing with regulators such as the CBI and other EU regulatorsis highly advantageous.
You are a proactive, detail-oriented professional with excellent communication skills, capable of engaging effectively with internal stakeholders and external regulators.
You are available immediately to start on a contract basis and ready to drive impactful changes within our risk and compliance functions.
If you are passionate about building robust compliance frameworks and ensuring the highest standards of internal control, we would love to hear from you.
Join us at Benjamin Finance to play a key role in shaping our future as we navigate an evolving regulatory landscape.