Control Assurance & Monitoring Analyst (f/m/d) (Frankfurt)

Clearstream Banking S.A.

As an international central securities depository (ICSD)
headquartered in Luxembourg, Clearstream Banking S.A. operates the
post-trading business – i.e. issuance, settlement and custody – for
the Eurobond market and services for securities from over 55
domestic markets worldwide.

Field of activity
As a member of the Clearstream Control Assurance & Monitoring
Team, you will support the execution of an effective control
assurance and monitoring framework in the 1st Line of Defence. The
function is tasked with performing control assurance, control
effectiveness assessments as well issue & action
logging/tracking in strong collaboration with the business and
operations areas of Clearstream.

Tasks/responsibilities

Individual Data Processing (IDP) is a form of data
processing, in which end users in business departments (users of IT
systems/applications) define and execute work activities, amongst
the required tasks:

• Perform ad-hoc and annual review of IDP inventory and
  present the status to Clearstream Legal Entity Executive Boards
  annually
• Define mandatory fields in the IDP Inventory and ensure
  completeness and correctness
• Support IDP Owners in risk surveys and perform regular
  checks of the execution of risk surveys and necessary risk
  assessments
• Provide support and training to IDP Process owners &
  IDP Developers in effectively using the tool
• Maintain and update local IDP Guideline and Process
  documentation

Control Assurance Monitoring is a Clearstream unit that
supports various stakeholders in their regulatory and internal
obligations, amongst the required tasks:

• Supporting the implementation of an effective control
  assurance and monitoring framework by monitoring key controls and
  reporting the findings via written reports to relevant executive
  management and governance forums
• Strengthening the Internal Control System following the
  methodology and strategy set by Group Risk Management
• Facilitating Risk and Control Self-Assessments to
  identify key risks, (non)financial impacts and relevant
  controls
• Challenging risk and control owners on risk assessments,
  control design and operating effectiveness
• Coordinating the execution of reports and assessments
  (i.e. assurance report on controls, risk concentrations, internal
  controls, etc.) for the 1st line of defense, executive managers
  and/or regulators
• Managing various stakeholders across
  Clearstream

Qualifications/required skills

• University degree in Economics, Finance or Business
  Management
• Minimum 2 years of work experience in process
  management
• Knowledge of Deutsche Boerse business processes is
  preferable
• Strong analytical skills, critical mind set and ability
  to solve complex problems
• Strong communication skills and ability/willingness to
  build network
• General office productivity tools proficiency is expected
  (Excel, PowerPoint, Word)
• Fluency in written and spoken English is
  mandatory
• Knowledge of an additional language (e.g. German/ French)
  is an advantage