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Head of Controls Testing

Head of Controls Testing

  • Location(s): UK Wide
  • Salary: Competitive
  • Contract Type: Permanent
  • Ref: R00EXECU00068
  • Closing Date: 08 December 2021
  • We're happy to consider flexible working approaches for this role

We need:

  • Head of Controls Testing
  • ExCo-2, key leadership role
  • Flexible UK location
  • Competitive salary & benefits
  • Full time, permanent contract
  • Please apply by 8th December

We are navigating significant and ambitious changes at Nationwide, the world’s largest building society. It is an exciting time, as we evolve to a new future that sees us accelerate delivery of value to our 16 million Members and engage colleagues in new ways of working.

This key senior role provides a compelling opportunity for a recognised leader with proven experience, to lead the specialised Controls Testing team within the newly created Chief Controls Office (CCO). You will be responsible for the definition, planning, prioritisation and execution of the controls testing strategy and the provision of assurance to Accountable Executives and Mission/Community Leaders on their controls, identifying risks, weaknesses and impacts of the controls on the Member journey. 

You will use your expertise and knowledge to contribute to, inform and implement improvements for controls management across the Society, with a focus on responsibility, anticipation and collaboration. As such, you will be adept at managing and enhancing a robust controls testing framework that is well-communicated and understood across all levels of the Society and, importantly, one that holds up to both internal and external scrutiny and incorporates the best industry practices and methodologies to allow for continuous improvement and effectiveness.

In the shorter term, you will also lead and support the team through organisational change during the CCO’s Target Operating Model re-design, maintaining the provision of controls testing to Missions and Communities.

You will be a highly inclusive, collaborative people leader with a demonstrable track record of growing capability and diverse talent. You will have excellent stakeholder engagement and enterprise leadership skills and bring fresh thinking and pace to support cultural change and develop new ways of working.

This is a fantastic opportunity to make a real difference in an organisation famed for its values and sense of social purpose. Due to COVID-19, the way we are operating as an organisation has changed. As a result, we are flexible on location and, whilst this role will allow for remote working, as things hopefully begin to normalise, there will also be occasional travel to Swindon/London.

What you will be doing

  • Provide leadership and direction aiming to strengthen and continuously improve controls capability across the Society
  • Directly accountable for the development and leadership of a team, ensuring headcount, budgets, communication and day-to-day operations are managed effectively
  • Lead in the design of innovative approaches for controls testing and evidencing of critical control adequacy and effectiveness, with a focus on Member-centricity, insights and efficiency
  • Build and uplift specialised testing capabilities and implementing automated solutions as required and appropriate
  • Execute design adequacy assessments (DAA) and operating effectiveness testing (OET) for key controls, as outlined in the annual assurance plan
  • Provide regular insight from testing activity undertaken through test plans, test results, reports and action plans to support discussions with Accountable Executives on areas for improvement, ensuring escalation of the results to relevant Committees where they evidence non-compliance with risk appetite, Society Policy or Regulation
  • Ensure appropriate governance over the control testing and monitoring undertaken by the Controls Testing team through review and challenge of the activity undertaken, recommending changes to the control environment
  • Ensure the results of testing activity and key metrics are analysed, monitored and reported at the relevant Risk forums and, where needed, escalation to relevant Risk committees
  • Collaborate with 2nd and 3rd Lines of Defence teams to ensure that the Society has a robust and comprehensive risk control model, helping to respond to regulatory requests as required
  • Lead on building relationships and working with relevant Risk Partnering teams to provide relevant insight and commentary

About you

In order to be successful in this role, you will have extensive controls testing and risk management experience in the UK’s financial services industry, with a strong understanding of the UK’s regulatory environment and its frameworks. Having operated at a senior level in controls testing or Audit, you will have current knowledge of Operational Risk and Controls management in a highly regulated business environment, including the development and maintenance of appropriate controls testing frameworks (e.g. COSO, COBIT). More specifically, you will demonstrate a broad and deep knowledge of controls testing and be ‘future focused’ on innovation, including automation.

More broadly, you will have the credibility to engage with and communicate clearly to a range of Senior Business Leaders across the Society, as well as technical and non-technical audiences at various levels, fostering cross-functional collaboration.

The extras you will get

As well as your salary, additional benefits include 30 days’ holiday, an executive car allowance, a competitive pension or cash alternative, private healthcare for your family plus executive health screening every two years, life assurance and the opportunity to participate in Sharing in Success, our Society-wide, all-employee variable pay plan. You can also tailor your reward package by taking advantage of a range of flexible benefits.

Why work for us

We are a building society founded by ordinary people, our Members, who came together to help each other get the most from their money, buy homes and save for their futures. For over 130 years, we have supported each other and our communities, and we have done the right thing for wider society too. If you come to work here at Nationwide, you will be part of that. Part of something a bit different. And something really quite special. What is more, we have a strong ethic of care for each other and our Members. We recognise that our employees feel most appreciated when their thoughts and values are respected and considered. We are committed to creating a culture that recognises and truly values our individual differences and identities. So, if you would like to be a part of an inclusive workplace where you can be yourself, where your talents are nurtured, and you feel empowered to contribute, then please apply and help us in building society, nationwide.

What to do next

If you would like to apply, just click the ‘Apply now’ button. You will need to attach your CV and answer a few questions, and you can attach a cover letter to support your application.



Head of Controls Testing

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