Fidelity International India | Lead - Business Controls Testing

Responsibilities

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• The Controls Assurance and Operational Resilience team is part of the Non-Financial Risk & Enterprise Resilience function, a centralized global team responsible for providing independent assurance over controls and risk across business and technology functions.
• The team works closely with internal stakeholders, internal audit, and external regulators, ensuring that controls are designed, implemented, and operating effectively.
• As a Specialist/ Lead in the Business controls testing team, you will serve as an execution lead, driving the design, delivery, and scale-up of control assurance and resilience testing across business processes attached to CIBS and CIFS.
• The role covers end-to-end testing across key areas covering a variety of domains relevant to the process (Operational), based on risk exposure and relevance to critical services.
• Supporting enterprise resilience capabilities through structured testing of business controls associated with Critical and Important Business Services (CIBS), and Critical and Important Functional Services (CIFS).
• Providing governance and independent assurance over control design, implementation, and ongoing effectiveness.
• Ensuring control testing results are reported accurately and in a timely manner to management through regular reporting and a final report, and recorded in the system of record (ServiceNow IRM).
• Ensuring testing coverage in accordance with the plan, while also evaluating which processes need testing due to changing risk exposure.
• Reports To Associate Director - Technology Risk & Assurance
• Working across first-, second-, and third-line functions, you will challenge control design, resolve evidence and data gaps, and actively support audit and regulatory engagement.
• Assist in validating control effectiveness in disruption scenarios, including coordination across business teams
• Support documentation and reporting of testing outcomes and identified gaps
• Define and enforce standards for control descriptions, mappings, and evidence sufficiency to ensure audit- and regulator-defensible outcomes
• Support risk-based prioritisation of control coverage, identifying gaps and driving remediation actions

Requirements

• Hands-on testing experience of 8-10 years in business controls testing, assurance, or compliance within enterprise or regulated environments.
• Strong hands-on experience with ServiceNow IRM or equivalent GRC tooling, including control frameworks, data management, and reporting.
• Understanding of control testing methodologies and assurance practices, including evidence evaluation and issue management.
• Exposure to regulatory frameworks and resilience concepts (e.g., operational resilience, and DORA).
• Ability to work with and influence stakeholders across business and technology teams.
• Strong analytical capability with attention to detail and focus on data quality and consistency.
• Good written and verbal communication skills, with the ability to explain control and compliance concepts clearly.
• Relevant certifications (e.g., CIA, CPA, or CRISC) preferred.
• Experience in assurance reporting

Fidelity International

Fidelity International was founded in Bermuda in 1969, has its global headquarters in Hamilton and has been independent of the US Fidelity organisation since 1980, so it is a separate company from the American firm Fidelity Investments. It is privately held, owned mainly by its management and members of the founding family, and works from more than 25 locations around the world. The firm runs active, research-led investment management for central banks, financial institutions, wealth managers and private individuals, and a platform business that gives individuals, advisers and employers access to investment choices, administration services and pension guidance.

India is Fidelity International's largest location outside the UK and its biggest capability hub. Work here began in Gurugram in 2001, and the company now has offices in Gurugram, Bengaluru and Mumbai; it does not run a customer-facing business in India. Teams in India support the global business in investment operations, fund pricing, client services, financial crime and investment compliance monitoring, investment research and fund analysis, finance, General Counsel shared services and technology. Many of these roles suit B.Com, M.Com, MBA (Finance), CA, CFA, CMA and ACCA profiles.

• Industry: Investment management, retirement savings and investment platform services
• Headquarters: Hamilton, Bermuda
• In India: Offices in Gurugram, Bengaluru and Mumbai