The Risk & Control Assessment evaluates a candidate’s understanding of how organisations identify, manage, and mitigate risk through effective control design and governance.
The test focuses on core principles such as risk identification, assessment, and response; the role of preventive, detective, and corrective controls; and the application of frameworks like COSO and ISO 31000. It also assesses comprehension of the three lines of defence model, ownership and accountability, control effectiveness testing, and continuous improvement practices.
This assessment is designed for professionals who work within or alongside risk, control, or assurance functions, particularly those responsible for ensuring that operational activities align with regulatory standards, internal policies, and organisational risk appetite. It is suitable for recruitment, capability assessment, and benchmarking purposes across both financial and non-financial institutions.
Designed to assess
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Risk Identification & Assessment
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Control Design & Implementation
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Governance & Accountability
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Risk Response & Mitigation
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Control Effectiveness & Testing
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Assurance & Continuous Improvement
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Operational Risk Management
Use this test to hire for
- Risk Analyst
- Internal Control Officer
- Governance Manager
- Compliance Analyst
- Operational Risk Officer
- Process Control Specialist
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Duration 10 minutes
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Languages English
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Level Beginner / Level 1
Question
Which type of control aims to stop an error before it occurs?
Select ONE answer
Question
The “three lines model” defines which of the following as the first line?
Select ONE answer
Question
A control is only effective if:
Select ONE answer
Use skills-based tests to make data-driven hiring decisions
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Unbiased, skills-based assessments to ensure objective and equitable hiring decisions
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Comprehensive analytics and insights for making informed, data-backed candidate selections
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Scales to accommodate your hiring needs, from small teams to large-scale recruitment drives