AVP - Controls Business Partner, CCO

Barclays

Oct 2

Applications are closed

Job
Full-time
Senior & Expert Level
Banking & Finance
Chennai

Requirements

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.
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.

Responsibilities

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.
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.

FAQs

What is the purpose of the AVP - Controls Business Partner role?

The purpose of the role is to assess the integrity and effectiveness of the bank's internal control framework to support the mitigation of risk and protect the bank from operational, financial, and reputational risks.

What are the key responsibilities of the AVP - Controls Business Partner?

Key responsibilities include collaborating with stakeholders to improve control effectiveness, identifying potential weaknesses in internal controls, developing reports on risk assessments, executing reviews of the internal controls framework, and implementing adherence to the Barclays Controls Framework.

What level of collaboration is expected in this role?

The role requires collaboration with various stakeholders across the bank and business units to enhance overall control effectiveness and to keep aligned with business activities and strategy.

What skills are necessary for this role?

Necessary skills include the ability to consult on complex issues, identify risk mitigation strategies, perform analytical work across multiple data sources, communicate complex information effectively, and influence stakeholders.

What expectations are set for an Assistant Vice President in this position?

Expectations include consulting on complex issues, managing risk and controls, collaborating with other areas, engaging in data analysis, and effectively communicating complex information to stakeholders.

What values are emphasized for all colleagues in this role?

Colleagues are expected to demonstrate Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, alongside the Barclays Mindset of Empower, Challenge, and Drive.

Are there opportunities for professional development in this role?

Yes, there are opportunities for professional development as the role involves collaboration with various stakeholders and engagement in complex analysis, which fosters growth in risk management and control methodologies.

Is prior experience in risk management required for this position?

While specific prior experience in risk management may be beneficial, the job description emphasizes the importance of assessing internal controls and effectively mitigating risks, which can be developed through various relevant experiences.

Barclays

Barclays is a British multinational bank offering personal, corporate, and investment banking services worldwide.

Finance

Industry

10,001+

Employees

1690

Founded Year

Mission & Purpose

Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 83,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. Barclays is a trading name of Barclays Bank PLC and its subsidiaries. Barclays Bank PLC is registered in England and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England. Registered No. 1026167. Registered office: 1 Churchill Place, London E14 5HP.