Job Description

Purpose of the role

To assess the integrity and effectiveness of the banks internal control framework to support the mitigation of risk and protection of the banks operational, financial, and reputational risk.  

Accountabilities

• Knowledge of business areas, products, processes and platforms to be able to assess risk
• Collaboration with various stakeholders across the bank and business units to improve overall control effectiveness through detailed documentation of control assessments, procedures, and findings.
• Identification and investigation of potential weaknesses and issues within internal controls to promote continuous improvement and risk mitigation aligned to the bank’s control framework, prioritised by its severity to disrupt bank operations.
• Development of reports to communicate key findings from risk assessment including control weaknesses and recommendations to control owners, senior management, and other stakeholders.
• Execution of reviews to determine the effectiveness of the bank's internal controls framework aligned to established and evolving policies, regulation, and best practice.
• Implementation of adherence to the Barclays Controls Framework and set appropriate methodology of assessing controls against the Controls Framework.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Join us as an "AVP Supervision Framework" at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionise our digital offerings, ensuring unapparelled customer experiences.

You may be assessed on the key critical skills relevant for success in role, such as experience with investment banking, Operational Risk and Controls and understands the three lines of defence, as well as job-specific skillsets.

To be successful as an "AVP Supervision Framework", you should have experience with collaborating with business and functions on risk and control activities, including addressing PRA [Prudential Regulation Authority, a UK regulatory body related] trading Controls regulatory requirements and internal Assurance issues.

Basic/ Essential Qualifications:

• Holds a master’s degree in finance or equivalent, and possesses 6 to 10 years’ experience.
• Driving global control initiatives to manage operational and conduct risks.
• Compiling reports and data on Governance status for business line control meetings and regulatory enquiries.
• Building an end-to-end trading supervision system to enhance architecture, design, user experience, and risk management in line with regulations and the Barclays Control Framework.
• Ensuring the business can identify, design, and implement appropriate controls and quality assurance measures to proactively flag and highlight risks.
• Providing expert technical advice and insight to support risk management.
• Engaging with global CCO Control Business Partners, Business Management, Supervisors, and other Key Stakeholders for regular feedback on control initiatives.
• Ensuring timely delivery and effectiveness of controls, and maintaining the supervisory controls tool and regulatory frameworks.
• Generating periodic MI reports for onshore supervision stakeholders.
• Developing and maintaining an efficient supervision control framework, resolving escalation issues, and providing sign-off rates to governance forums.

Desirable skillsets/ good to have:

• Knowledgeable in investment banking, Operational Risk and Controls and understands the three lines of defense.
• Experienced in coordinating and supporting stakeholders, strong presentation and communication skills attention to detail and ability to work independently.

Location - Pune.