What are the responsibilities and job description for the In-Business Control Officer - Corporates position at S&P Global?
About the Role:
Grade Level (for internal use): 11
Title : In Business Control Officer - Corporates
The Role
Reporting to the Head of In-Business Control Analytical, this position is responsible for providing 1st Line risk & control support and capabilities for the Analytical teams across S&P Global Ratings, with primary focus on the North America Corporate & Infrastructure practices. This includes the identification and remediation of risk & control issues, implementation of control monitoring & testing, delivery of insights to enable appropriate risk-based decision making and embedding controls into new processes and solutions to ensure quality and adherence to regulation and internal policies. This role will work closely with Analytic teams, Compliance (2nd Line), Internal Audit (3rd Line), Rating Operations, Editorial and other IBC colleagues to implement an effective 1st Line risk & control framework that ensures the production of quality ratings in a manner consistent with established policies, procedures, and applicable regulations.
Responsibilities :
Partner with Ratings colleagues to ensure alignment between specific risk priorities and broader IBC, Ratings, and Corporate priorities.
Help to ensure that new (or changes to) processes and solutions are designed with necessary controls to ensure quality, risk mitigation, and adherence to policies and regulation.
Help to deliver the necessary insight to Analytical personnel to enable effective risk-based decision making.
Carry out risk-based periodic monitoring and testing of key controls; Utilize databases to develop and design monitoring and testing of controls.
Contribute to projects that address regulatory needs (e.g., modifying processes to address changes in regulation, regulatory exams, remediation of findings, etc.)
Participate in and/or lead projects with emphasis on controls and process improvement.
Advise and become involved with the development of Standard Operating Procedures (SOPs) and internal controls.
Work with 2nd/3rd Line departments (e.g., Compliance, Internal Control, Internal Audit, etc.) to optimize the partnership between the 3 Lines of Defense.
Monitor exceptions to process and ensure compliance with applicable procedures.
Analyze and resolve moderately complex situations as they relate to internal controls and quality assurance activities.
Subject matter expertise of key SOPs of S&P Global Ratings.
Support risk and regulatory projects across S&P Global Ratings, as needed.
Provide support in the development and resolution of Management Action Plans (MAPs) that address regulatory, compliance and internal audit findings.
Support and deliver training on policies, procedures, and controls, as well as for any systems or tools related a specific control.
Contribute to global risk and control initiatives.
Demonstrate technical awareness and understanding of products, tools, and associated risks.
Compensation/Benefits Information : (This section is only applicable to US candidates)
S&P Global states that the anticipated base salary range for this position is $100,909 to $120,000 . Final base salary for this role will be based on the individual’s geographic location, as well as experience level, skill set, training, licenses and certifications.
Required Qualifications:
5 years of relevant experience and knowledge of sound practices relating to effective internal controls or operational processes.
Bachelor’s degree required.
Working understanding of credit rating agencies, debt markets and credit rating agencies regulatory agencies and regulatory frameworks around the globe (i.e. NRSRO).
Comfort with following up with senior personnel on deliverables.
Excellent communication skills, both oral and written, and the ability to communicate at all levels of the organization.
Self-starter who is eager to learn new concepts and process different elements of risk.
Working understanding of internal control principles, including what constitutes an effective control design.
Knowledge of best practices in internal control testing approaches and documentation of results.
Ability to analyze and provide a credible assessment of the effectiveness of the internal control structure within his or her assigned sphere.
Working understanding of systems and reporting needed to effectively monitor control activities.
Ability to identify potential internal control deficiencies and develop potential solutions where appropriate.
Ability to work with minimal oversight and demonstrate problem solving, decision making and consensus building skills.
Operational expertise is strongly encouraged.
About S&P Global Ratings
At S&P Global Ratings, our analyst-driven credit ratings, research, and sustainable finance opinions provide critical insights that are essential to translating complexity into clarity so market participants can uncover opportunities and make decisions with conviction. By bringing transparency to the market through high-quality independent opinions on creditworthiness, we enable growth across a wide variety of organizations, including businesses, governments, and institutions.
S&P Global Ratings is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today.
For more information, visit www.spglobal.com/ratings
What’s In It For You?
Our Purpose:
Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.
Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.
Our People:
We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.
From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We’re constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.
Our Values:
Integrity, Discovery, Partnership
At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.
Benefits:
We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.
Our benefits include:
Health & Wellness: Health care coverage designed for the mind and body.
Flexible Downtime: Generous time off helps keep you energized for your time on.
Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.
For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries
Diversity, Equity, and Inclusion at S&P Global:
At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation – Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work. It doesn’t stop there, we strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.
S&P Global has a Securities Disclosure and Trading Policy (“the Policy”) that seeks to mitigate conflicts of interest by monitoring and placing restrictions on personal securities holding and trading. The Policy is designed to promote compliance with global regulations. In some Divisions, pursuant to the Policy’s requirements, candidates at S&P Global may be asked to disclose securities holdings. Some roles may include a trading prohibition and remediation of positions when there is an effective or potential conflict of interest. Employment at S&P Global is contingent upon compliance with the Policy.
-----------------------------------------------------------
Equal Opportunity Employer
S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law. Pay Transparency Nondiscrimination Provision - https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_ English_formattedESQA508c.pdf
----------------------------------------------------------- 202 - Middle Professional (EEO Job Group) (inactive), 20 - Professional (EEO-2 Job Categories-United States of America), BSMGMT202.2 - Middle Professional Tier II (EEO Job Group)
Job ID: 311129
Posted On: 2025-01-31
Location: New York, New York, United States
Grade Level (for internal use): 11
Title : In Business Control Officer - Corporates
The Role
Reporting to the Head of In-Business Control Analytical, this position is responsible for providing 1st Line risk & control support and capabilities for the Analytical teams across S&P Global Ratings, with primary focus on the North America Corporate & Infrastructure practices. This includes the identification and remediation of risk & control issues, implementation of control monitoring & testing, delivery of insights to enable appropriate risk-based decision making and embedding controls into new processes and solutions to ensure quality and adherence to regulation and internal policies. This role will work closely with Analytic teams, Compliance (2nd Line), Internal Audit (3rd Line), Rating Operations, Editorial and other IBC colleagues to implement an effective 1st Line risk & control framework that ensures the production of quality ratings in a manner consistent with established policies, procedures, and applicable regulations.
Responsibilities :
Partner with Ratings colleagues to ensure alignment between specific risk priorities and broader IBC, Ratings, and Corporate priorities.
Help to ensure that new (or changes to) processes and solutions are designed with necessary controls to ensure quality, risk mitigation, and adherence to policies and regulation.
Help to deliver the necessary insight to Analytical personnel to enable effective risk-based decision making.
Carry out risk-based periodic monitoring and testing of key controls; Utilize databases to develop and design monitoring and testing of controls.
Contribute to projects that address regulatory needs (e.g., modifying processes to address changes in regulation, regulatory exams, remediation of findings, etc.)
Participate in and/or lead projects with emphasis on controls and process improvement.
Advise and become involved with the development of Standard Operating Procedures (SOPs) and internal controls.
Work with 2nd/3rd Line departments (e.g., Compliance, Internal Control, Internal Audit, etc.) to optimize the partnership between the 3 Lines of Defense.
Monitor exceptions to process and ensure compliance with applicable procedures.
Analyze and resolve moderately complex situations as they relate to internal controls and quality assurance activities.
Subject matter expertise of key SOPs of S&P Global Ratings.
Support risk and regulatory projects across S&P Global Ratings, as needed.
Provide support in the development and resolution of Management Action Plans (MAPs) that address regulatory, compliance and internal audit findings.
Support and deliver training on policies, procedures, and controls, as well as for any systems or tools related a specific control.
Contribute to global risk and control initiatives.
Demonstrate technical awareness and understanding of products, tools, and associated risks.
Compensation/Benefits Information : (This section is only applicable to US candidates)
S&P Global states that the anticipated base salary range for this position is $100,909 to $120,000 . Final base salary for this role will be based on the individual’s geographic location, as well as experience level, skill set, training, licenses and certifications.
Required Qualifications:
5 years of relevant experience and knowledge of sound practices relating to effective internal controls or operational processes.
Bachelor’s degree required.
Working understanding of credit rating agencies, debt markets and credit rating agencies regulatory agencies and regulatory frameworks around the globe (i.e. NRSRO).
Comfort with following up with senior personnel on deliverables.
Excellent communication skills, both oral and written, and the ability to communicate at all levels of the organization.
Self-starter who is eager to learn new concepts and process different elements of risk.
Working understanding of internal control principles, including what constitutes an effective control design.
Knowledge of best practices in internal control testing approaches and documentation of results.
Ability to analyze and provide a credible assessment of the effectiveness of the internal control structure within his or her assigned sphere.
Working understanding of systems and reporting needed to effectively monitor control activities.
Ability to identify potential internal control deficiencies and develop potential solutions where appropriate.
Ability to work with minimal oversight and demonstrate problem solving, decision making and consensus building skills.
Operational expertise is strongly encouraged.
About S&P Global Ratings
At S&P Global Ratings, our analyst-driven credit ratings, research, and sustainable finance opinions provide critical insights that are essential to translating complexity into clarity so market participants can uncover opportunities and make decisions with conviction. By bringing transparency to the market through high-quality independent opinions on creditworthiness, we enable growth across a wide variety of organizations, including businesses, governments, and institutions.
S&P Global Ratings is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today.
For more information, visit www.spglobal.com/ratings
What’s In It For You?
Our Purpose:
Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.
Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.
Our People:
We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.
From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We’re constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.
Our Values:
Integrity, Discovery, Partnership
At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.
Benefits:
We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.
Our benefits include:
Health & Wellness: Health care coverage designed for the mind and body.
Flexible Downtime: Generous time off helps keep you energized for your time on.
Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.
For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries
Diversity, Equity, and Inclusion at S&P Global:
At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation – Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work. It doesn’t stop there, we strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.
S&P Global has a Securities Disclosure and Trading Policy (“the Policy”) that seeks to mitigate conflicts of interest by monitoring and placing restrictions on personal securities holding and trading. The Policy is designed to promote compliance with global regulations. In some Divisions, pursuant to the Policy’s requirements, candidates at S&P Global may be asked to disclose securities holdings. Some roles may include a trading prohibition and remediation of positions when there is an effective or potential conflict of interest. Employment at S&P Global is contingent upon compliance with the Policy.
-----------------------------------------------------------
Equal Opportunity Employer
S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law. Pay Transparency Nondiscrimination Provision - https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_ English_formattedESQA508c.pdf
----------------------------------------------------------- 202 - Middle Professional (EEO Job Group) (inactive), 20 - Professional (EEO-2 Job Categories-United States of America), BSMGMT202.2 - Middle Professional Tier II (EEO Job Group)
Job ID: 311129
Posted On: 2025-01-31
Location: New York, New York, United States
Salary : $100,909 - $120,000
