Chief Controls Officer (CCO – Controls)

The Chief Controls Officer (CCO – Controls) is responsible for designing, implementing, and overseeing the organization's internal control framework to ensure effective risk mitigation, regulatory compliance, and operational integrity. This role ensures that controls across financial, operational, and compliance processes are robust, consistent, and aligned with organizational risk appetite.

Location: Bahamas

Responsibilities

• Develop and maintain enterprise-wide internal control frameworks (e.g., COSO)
• Ensure controls are effectively designed, documented, and implemented
• Standardize control practices across business units
• Continuously improve control effectiveness and maturity
• Oversee control testing, monitoring, and validation processes
• Implement continuous control monitoring systems
• Identify control gaps and weaknesses
• Ensure timely remediation of control deficiencies
• Align internal controls with enterprise risk management (ERM) frameworks
• Collaborate with risk, compliance, and audit teams
• Ensure controls support regulatory compliance requirements
• Monitor emerging risks and adapt control frameworks accordingly
• Oversee financial controls, including reporting, reconciliation, and revenue controls
• Ensure operational controls across processes, systems, and workflows
• Strengthen fraud prevention and detection mechanisms
• Develop and maintain control-related policies and procedures
• Ensure documentation, audit trails, and governance standards are maintained
• Support governance committees and reporting requirements
• Leverage technology and automation to enhance control effectiveness
• Implement control tools, dashboards, and monitoring systems
• Collaborate with IT on system controls and cybersecurity frameworks
• Drive digital transformation in control environments
• Provide control insights and reporting to executive leadership and Board
• Collaborate with regulators, auditors, and external stakeholders
• Support internal and external audits
• Promote awareness of control responsibilities across the organization
• Lead and develop internal controls and governance teams
• Establish performance standards and accountability
• Foster a culture of control awareness and discipline
• Support talent development and succession planning

Requirements

• Bachelor's or Master's degree in Accounting, Finance, Business Administration, or related field
• Professional certifications such as CPA, CIA, CISA, or equivalent are highly preferred
• 12–18+ years of experience in internal controls, audit, risk, or compliance roles
• Proven experience in senior leadership roles (e.g., Chief Controls Officer, Head of Internal Controls)
• Strong background in banking, financial services, insurance, or investment sectors
• Deep knowledge of internal control frameworks (e.g., COSO)
• Strong understanding of risk management and regulatory compliance
• Expertise in financial and operational controls
• Analytical and problem-solving skills
• Leadership and team management
• Excellent communication and stakeholder engagement
• High attention to detail and governance mindset

Benefits

• Competitive executive salary
• Performance-based incentives
• Executive benefits and allowances