Home' Trinidad and Tobago Guardian : November 21st 2014 Contents A59
Friday, November 21, 2014 www.guardian.co.tt Guardian
IN BUSINESS RISK CONTROL OFFICER
In-business risk management is responsible for the first line of defenses in all related control functions, including: - iden-
tification, resolution and tracking of issues, - coordination of Self-Assessment exercises (MCA - Manager's Control
Assessment) - prevention and management of Operational Losses, - administration of Key Performance Indicators for
reducing risks, oversight of the controls implemented at the Branches (BOF - Branch Oversight Function), - support to
the business during Audit visits, coordination of risk control committees. In addition this function should be act as the
interface among the different business areas with other control entities (internal, as Internal Audit and external as local
regulators and external auditors) management of operational risk.
o Assistance to local businesses in identification of control problems and formulation of Corrective Action Plans
o Ensure that corrective action plans derived of control issues are solved timely and effectively. If not determine and
agree with reason of retargets, including Review of retargets and effectiveness
o Interaction with Business Owners, Operational Risk Management and Internal Audit staff to gather most updated
status of issues registered in corporate repositories (Corrective Action Plans and Auto Audit), along with other issues
raised by regulators and external auditors
o Presentation of Overall Status at the Senior Management Governance Forum
o Managing and administration of the Operational Losses process, including registering events in the repository system
and providing quarterly status reports to Senior Management.
o Weekly review of registered losses
o Assistance provided to business to identify root cause of registered operational losses and remedial actions
o Status reported on monthly and quarterly basis
o Fine tuning, standardization and refinement of the implementation
o Ensure quality and effectiveness in execution of the quarterly testing
o Analysis, consolidation and reporting of obtained test results
o Provide support and assistance to countries in the implementation of methodologies, processes and structure to
comply with local regulations regarding Integral Risk
o Ensure involvement of all related areas for complying with local regulatory policy
o Coordinate audits conducted by the regulators and other market participants with the support of Compliance Unit.
Involvement in Internal Audits:
o Providing Business Support during Internal Audit reviews, to ensure proper assessment of identified issues, consistent
approach in determining risk levels and assisting in the preparation of Management Responses/Corrective Action Plans
o Monitor and follow-up of reported issues
o Provide support and guidance to the BOF team and ensure effective coverage of visits to branches and feasible and
timely remediation plans are prepared
o Oversight of activities performed both at the branch level and back-office areas to ensure compliance with US
regulatory requirements defined by this directive.
o Support the implementation of related systems, processes and controls related
o BA/BSc. Management/Economics/Accounting/Engineering Master Quality Management/Process Engineering
o 3+ years of related experience in finance/control/audit/process/operational risk related functions
o Project management techniques
o Managing people
o Strong analytical skills.
o Demonstrated ability to synthesize information, prioritize requirements and s with a high sense of urgency.
o Project planning and execution experience
o Highly organized and detail-oriented.
o Strong Communications Skills
o Written and verbal communications skills; prior track record of successfully interacting and remote teams.
o Work in collaboration and teamwork across organizational boundaries
o Pragmatic and out of the box thinker
o Ability to work under stressful situations and tight deadlines
LILLE---Saying he has recovered from a
back injury, Roger Federer has the chance
to finally win one of the only notable titles
missing from his collection.
Federer will play Gael Monfils today in the second singles match as Switzerland takes
on France in the final of the Davis Cup. Aus- tralian Open champion Stan Wawrinka will
open the best-of-five series on indoor clay
Federer to face Gael Monfils in Davis Cup final
Switzerland's Roger Federer, right, poses with
France's Gael Monfils during the Davis Cup final
draw in Lille, northern France, yesterday. AP PHOTO
against France s Jo-Wilfried Tsonga in this northern
Federer, a 17-time Grand Slam champion, was doubt-
ful for the final after injuring his back last week during
his three-set win over Wawrinka in the semifinals at
the ATP finals in London. The injury forced him to
pull out of the title match against Novak Djokovic on
Federer said a final practice session hours before
yesterday s draw convinced him he would be able to
step on court today. Whether he is 100 per cent fit
"We ll see tomorrow how it goes, but I practiced
well today ... and I was really pleased to see that I was
able to give it a go," the second-ranked Federer said.
"If there was a risk it would impact the rest of my
life, obviously I would not play," he added. "But I had
similar problems in the past and I can draw from that
experience to know what I can actually do."
Along with an Olympic gold medal in singles, a
Davis Cup title is the only major hole in the 33-year-
old Federer s resume.
Switzerland is bidding for its first Davis Cup title,
while France is seeking its 10th. This is the 13th meeting
between the two nations, with France leading 10-2.
The doubles on Saturday will pit French pair Julien
Benneteau and Richard Gasquet against Marco Chi-
udinelli and Michael Lammer, but team captains can
change their lineup up to one hour before the match.
If Federer is judged fit enough to play over three days,
he is expected to be picked for the doubles alongside
In the reverse singles Sunday, Federer will play
Tsonga, and Wawrinka will face Monfils in the poten-
tially decisive fifth match.
Wawrinka and Federer said they have smoothed
over their relations after the tense London match.
Wawrinka complained to the chair umpire during the
match that Federer s camp was making noise as
Wawrinka prepared to return serve at a crucial stage
of the third set.
Federer s presence is a huge boost for the Swiss
team, which has won just one of the 10 ties it has
played without him in the top-tier World Group since
his debut in the competition.
The French players played down Federer s injury,
saying they never thought he would withdraw from
the tie at the 27,000-capacity Pierre Mauroy Stadi-
"He had a four-day rest period," said Monfils, who
has never beaten Federer on clay in four matches. "Just
before that he was playing his best tennis ever. If he s
there, it s because he feels good and he wants to win
this competition. If Roger decided to play, it s because
he feels he s able to win the match, to beat me."
Monfils is preparing for a rematch of his epic quar-
terfinal against Federer at the US Open in September,
when the Frenchman lost in five sets after going up
two sets to one and failing to convert two match points.
"For sure I will have this special match in my mind,"
Monfils said. "But this one will be different. You have
someone with whom you can share your emotions
during the match: the captain, who can help me if
maybe I m tight in the match."
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