Chief Controls Officer (CCO – Controls)

Job Description: Chief Controls Officer (CCO – Controls) Industry: Banking, Financial Services, Insurance, Investment Job Type: Full-Time Reporting To: Chief Risk Officer (CRO) / Chief Financial Officer (CFO) / Chief Executive Officer (CEO) Job Summary The Chief Controls Officer (CCO – Controls) is responsible for designing, implementing, and overseeing the organization's internal control framework to ensure effective risk mitigation, regulatory compliance, and operational integrity. This role ensures that controls across financial, operational, and compliance processes are robust, consistent, and aligned with organizational risk appetite. The CCO (Controls) plays a critical role in strengthening governance, preventing control failures, and enhancing transparency across all business functions. Key Responsibilities 1. Internal Controls Framework Develop and maintain enterprise-wide internal control frameworks (e.g., COSO) Ensure controls are effectively designed, documented, and implemented Standardize control practices across business units Continuously improve control effectiveness and maturity 2. Control Monitoring & Testing Oversee control testing, monitoring, and validation processes Implement continuous control monitoring systems Identify control gaps and weaknesses Ensure timely remediation of control deficiencies 3. Risk & Compliance Integration Align internal controls with enterprise risk management (ERM) frameworks Collaborate with risk, compliance, and audit teams Ensure controls support regulatory compliance requirements Monitor emerging risks and adapt control frameworks accordingly 4. Financial & Operational Controls Oversee financial controls, including reporting, reconciliation, and revenue controls Ensure operational controls across processes, systems, and workflows Strengthen fraud prevention and detection mechanisms Ensure consistency in control execution 5. Governance & Policy Management Develop and maintain control-related policies and procedures