Job Description

Join us as Controls Onshore AVP - India

Where you will be required:

Aligning to the Private Bank & Wealth Management Business to facilitate first line governance and assure control effectiveness, including testing and tracking of issue and action plans arising from assurance activity to closure on behalf of the business To provide clear articulation of the risk and control landscapes including ability to demonstrate an understanding of control requirements for relevant internal Barclays and external Regulatory policies. This will include (but is not limited to): Control, Issues, Risk Event and Audit guidance, guidance on Policies and Standards and the oversight and management of risk. Act as the point of coordination and syndication of all Control Services, ensuring consistency and quality delivery of the Controls Strategy, Control Frameworks, improvement initiatives and capabilities across each Business, Functions or Horizontals. To develop and maintain relationships with senior colleagues and stakeholders - with the ability to effectively challenge risk and control decisions, when needed.


To be successful in this role, you should:

Provide oversight, guidance and support relating to issues management in respect of risk and control issues including quality and adherence to SLAs throughout the issues management process. Ensure frameworks are implemented and managed effectively across aligned businesses, functions and horizontals. Provide advice, education and awareness relating to issues management as part of continuous improvement and enhanced service framework. Driving improved and sustainable controls culture through use of data led relevant indicators to ensure Control Forums are insightful and conversations risk focused, while also overseeing the Control Framework. Monitor key indictors and provide insights to leadership to oversee their risk profile. This includes analytics covering root cause analysis of issues and thematic trends, supporting the function to predict areas of risk exposure. Proactively identify and resolve thematic issues to drive control enhancement opportunities through the use of key data such as Control Reporting & Data insights. Specialist consultancy and advisory service to drive high quality risk management in line with strategy, regulation, Group frameworks, policies and standards to deliver a sustainable and strengthened control environment and control culture. Deploying knowledge and expertise to assess, predict and mitigate future risks whilst guiding the business, functions and horizontals on using the Control Framework in a way that allows the business to safely grow and innovate. Manage and coordinate regulatory inputs to control reporting, briefings and relevant governance fora and act as point of coordination and syndication of Regulatory updates and engagements to ensure consistency (as required). Supporting Senior Managers (SMRs) and Material Risk Takers (MRTs) in the effective discharge of their responsibilities. Partnering with 2nd Line of Defence (2LOD i.e. Compliance, Operational Risk) and 3rd Line of Defence (i.e. Barclays Internal Audit) colleagues to input on common areas of interest to provide an enriched controls advisory service.

Stakeholder Management and Leadership


Excellent interpersonal and stakeholder management skills; being able to communicate confidently and effectively with people at all levels, both verbally and in writing. Engagement with stakeholders and be actively able to manage conflicting views. To develop and maintain excellent working relationships across multiple teams.


Decision-making and Problem Solving


Navigating complex, often matrix-based environment to make decisions and propose solutions on long standing or emerging control issues to influence stakeholders on the remediation required. Able to overlay policy and standard requirements with business needs to support the business with solutions for complex risk and control issues. To be able to look at the bigger picture and take a balanced risk approach.


Risk and Control Objective


Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.



Essential Skills/Basic Qualifications:

Strong ability to influence at senior management level and apply judgement to balance risk versus business interest whilst ensuring compliance to all relevant policies and standards. Strong understanding and knowledgeable on aspects of Enterprise Risk Management Framework (ERMF), Operational Risk Framework (ORF) and Barclays Control Framework (BCF). Experience of working in or within a Control type role / team with the ability to demonstrate a risk management mindset. Understanding of Private Banking and Wealth Management business and related regulatory obligations in India (essential).

Desirable skills/Preferred Qualifications:

Effective written and oral communication skills, with the ability to present credibly to senior stakeholders. Highly experienced in dealing with multiple stakeholders in different business functions who have different objectives e.g. Barclays Internal Audit, Risk, Compliance, Fraud, Legal. Strong Excel skills including extensive experience in managing large quantities of data, pivots, formulas, VLOOKUP. Strong ability to provide thought leadership through bringing together insight and analysis including external knowledge. Extensive working knowledge of operational risk & control processes and practices, including experience in their application across functions.


You may be assessed on the key critical skills relevant for success in role, such as:

Highly Curious and inquisitive mind. Data driven, able to synthesise recommendations from large and varied sources of data. A high degree of decision-making authority, and needs to demonstrate ability to influence upwards. Autonomous and able to influence & deliver in a matrix organisation. Organised with the ability to prioritise and work under pressure, delivering to tight deadlines and multiple demands. Strong ability to collaborate and share best practice at all levels.


Job Location is Mumbai.

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.