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.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• 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 be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills 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 a "CBP - Functions" 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 Risk and Controls as well as job-specific skillsets.

To be successful as a "CBP - Functions", you should have experience with:

Basic/ Essential Qualifications:

• Experience in Internal Audit, Control Business Partnership, Controls Assurance & Testing and/or Operational Risk Management
• A clear understanding of the elements of an effective control environment, enterprise risk management framework, operational risk or other principal risk frameworks, including understanding of second- and third-line functions and impact across people, process and technology.
• Extensive experience in senior stakeholder management, with the ability to clearly articulate internal control concepts in a practical business context and influence outcomes across complex reporting lines.
• Commercially astute, demonstrates a consultative, yet pragmatic approach with integrity to solving issues, focusing on areas of significance and value to the business.
• Excellent problem-solving skill sets, think strategically and convey an understanding of big picture to senior management.
• Knowledge of the official system of record for Risk Events and Issues, and the related Operational Risk requirements and processes.
• Prior experience of supporting/knowledge of controls committees, governance forums, and management information (MI) reporting
• Ability to collaborate effectively across the three lines of defence, working with Subject Matter Experts and other stakeholders at varying levels of seniority

Desirable skillsets/ good to have:

• Familiarity with internal control and regulatory frameworks (e.g. Turnbull, Sarbanes‑Oxley, COSO, Basel II/III – Operational Risk)
• Experience of working with colleagues across multiple Business Units/Functions
• Wider thinking – Awareness of business strategy and objectives
• Proficient in MS Office – PPT, Excel, Word & Visio
• Comprehensive understanding of Risk, Governance and Control Frameworks and Processes.
• Ability to analyze, interpret and work robustly with others to identify issues and develop proposed solutions.

This role will be based out of Noida.