The Firm-wide Oversight and Control Group provides a centralized view of all control functions, and thereby assists in immediate, real time problem detection and escalation. Within each line of business there are designated control officers who report both to the CEOs of their respective LOBs globally, and to the Chief Control Officer. Their roles are to coordinate across all functional areas, particularly with Risk and Compliance, and oversee regulatory exams for their coverage area, ensure regulatory issues are addressed expeditiously, lead/manage programs & initiatives to ensure full compliance where appropriate, work with stakeholders to implement policy and regulatory changes as communicated by Legal and Compliance, oversee implementation of Self Assessments (RCSAs), with support of a central Control Design team, ensure changes are rolled out consistently across business areas where applicable, and execute required training. A central control team exists to support the senior control officers covering functional areas such as business management, governance and program management, training and communications.
The Latin America Oversight & Control Group assumes an oversight role across businesses and functions within the region, partnering with the Business Control Officers, Operations Control Managers, Technology Control Officers, as well as the Central Control Team, Risk and Compliance to deliver the functional objectives at a Latin America level. The team is responsible for supporting the operational activities of the regional team, notably: governance and program management; metrics, reporting and analytics; strategy, business management, training and communications; Regulatory relations and exam management.
The role will have a dual reporting line to Oversight and Control and Operations Control Management at the BACC.