Senior Internal Control Analyst, IT Risk, SG

JERA Global Markets

  • Singapore
  • Permanent
  • Full-time
  • 2 months ago
Job Description:DepartmentThe Internal Control Function is primarily responsible for ensuring that an appropriate, robust and practical control framework is in place in JERAGM. The spirit of work is one of continuous improvement. The function monitors adherence to and look to improve the defined operating procedures and control processes that underpin the integrity of JERAGM's core financial reporting, trading and other related business systems. In case of a breach, the function performs an investigation, provides root cause analysis and suggests mitigation actions.Position DescriptionReporting to the Internal Control Senior Manager, this role will assist in overseeing control activities across European, US and Asian offices and to ensure that our control framework is governing our business operation in a safe and compliant manner.The primary responsibility of this role is to identify weaknesses within the organization's IT processes and infrastructures and ensure that proper measures are implemented to minimize such risk. The role will also ensure that an optimised set of business process maps are in place and our internal procedures are promptly updated to reflect the agreed framework.This role will work closely with both commercial and functional teams, to provide solutions/ recommendations to improve the controls and drive efficiency through continuous improvement. He/She will proactively look out for any breach of procedure by our staff and potential control gap that could create a material risk to our organisation.This role is also responsible for collating global Internal Control reporting information that is required by both internal management and external stakeholders.Main responsibilitiesThe responsibilities of this role include, but not limited to:
  • Ensure an appropriate and tailored IT risk framework is in place and aligned with the overall IC framework;
  • Proactively identify IT control gaps and work closely with IT team on the risk mitigations plan and documentation;
  • Conduct reviews on the privilege ID usage, ETRM and Finance systems' user access rights to ensure adherence to access controls standards;
  • Provide support on IT risk and control type of initiatives, including new system implementation and significant system change projects to ensure that proper controls are considered and included at the design-phase;
  • Ensure an optimised set of business process maps is in place and aligned with the system controls;
  • Lead and conduct IT related control gaps/incidents reviews, including root cause analysis, identification of mitigating controls, follow-up on the remediation actions;
  • Proactively identify control and process improvement initiatives and drive continuous improvement in the organization;
  • Provide internal control guidance and support to commercial and functional teams in managing the operational risks, and ensuring the quality and consistency of the internal procedures from an IC perspective;
  • Coordinate the Operational Sign Off process for all new business activity/product and tracking action items signed off by relevant functions;
  • Perform daily controls monitoring and review;
  • Compile and prepare key risk indicator report on a monthly and ad-hoc basis;
  • Ensuring consistency of IC approach across the whole JERAGM;
  • Coordinate and ensure key JERA GM policies and procedures are updated annually and are aligned to our Parents' Internal Control requirements;
  • Provide assistance to both internal and external audits, including J-Sox reporting, and ensure timely completion of all open actions.
Qualifications:Experience Required
  • Minimum of 5 years relevant industry experience in risk and control management within IT or IT audit
  • Broad exposure to a range of diverse technology, security concepts, tools, and methodologies
  • Experienced in reviewing technology domains across infrastructure, applications, cyber security, cloud technology, IT governance processes
  • Experience in IT incident investigation and reporting
  • Experience in an energy/commodities trading environment, or related regulatory environment will be an advantage
  • Experience in Sarbanes-Oxley/J-Sox reporting preferred
Technical requirements
  • Minimum a degree in Computer Science, Information Systems/Security, Business Management or its equivalent, with professional certification in security and controls
  • Knowledge of Application Security frameworks and standards
  • Competent in the full suite of MS Office packages specifically Word, Excel, Visio PowerPoint applications.
  • Competency in use of data analytics and visualization tools (e.g. Power BI, Python, SQL, ACL, Alteryx, Tableau) is a considerable advantage.
  • Knowledge of Allegro, SUN, CubeLogic, ZEMA and IMOS would be an advantage
Person specification
  • Strong control mindset and excellent analytical skills
  • Demonstrate strong ability to pick up knowledge and conduct reviews on new emerging technology domains.
  • Good communication (both written and verbal) and influencing skills, with ability to engage and network with stakeholders at different levels
  • Self-starter, who can work with minimal supervision and a positive attitude
  • Ability to effectively prioritize multiple projects and meet deadlines to produce high quality work in a very fast paced environment
  • Willing to learn and take new challenges with an open mind
  • Strong team-player who is flexible and proactive
About Us:About the CompanyJERA Global Markets (JERAGM) is a leading utility-backed seaborne energy trader. A joint venture between majority shareholder JERA Co., Inc. and EDF Trading, JERAGM's shareholders are among the world's major utilities.JERAGM operates one of the largest energy portfolios in the world which gives it an in-depth understanding of the way local, regional and international energy markets behave. Its in-depth knowledge and market insights enable us to capture trading opportunities, optimise portfolios, create value and enhance security of supply for our customers.Headquartered in Singapore, JERAGM has a global talent pool of close to 300 people across offices located in four strategic locations: Singapore, Japan (Tokyo), the UK (London) and the US (Baltimore).JERAGM is strongly capitalised with over US$500 million in paid up capital and a total equity of US$4 billion. JERAGM has retained its A+ Stable rating from R&I, attributable to a robust business model and solid financial base.

JERA Global Markets