Risk & Control - AVP

Barclays

Dec 17

Applications are closed

Job
Full-time
Senior & Expert Level
Chennai

Requirements

To be a successful Risk & Control – Leader, you should have experience with
Risk management
Technology assurance / Risk Management
RCSA – Risk controls self-assessment
Controls gap assessment
Basic/ Essential Qualifications:
Graduate/post-graduate in any discipline
Preferred certification in Risk Management or Technology assurance

Responsibilities

Risk identification and proactive risk management, identifying interconnected, horizon and emerging risks to assist the business in understanding, managing and mitigating the right risks in line with their business strategy and objectives.
Analysis of operational risk data to identify trends, patterns, and emerging risks.
Risk-based analysis of business processes, systems, and controls to assess the likelihood and impact of identified risks.
Ongoing research and monitoring of internal and external sources to identify potential Operational Risks.
Oversight, review and challenge of 1st Line activities including - Risk Control Self Assessments (RCSAs), Risk Events, Issues and attendance at key Risk and Control meetings (with associated reporting) ensuring they accurately reflect the business risk position.
Stakeholder management, engaging and working effectively with First and Second Line management.
Risk based 2nd Line input into 1st Line Projects, Initiatives and Strategic decision making.
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.

FAQs

What is the job title for this position?

The job title is Risk & Control - AVP (Assistant Vice President).

Where is this position located?

This position is located in Chennai.

What qualifications are necessary for this role?

A graduate or post-graduate degree in any discipline is required, along with a preferred certification in Risk Management or Technology assurance.

What are the key responsibilities of this role?

Key responsibilities include risk identification and management, analysis of operational risk data, oversight and review of first line activities, stakeholder management, and providing second line input into first line projects and initiatives.

What skills are assessed for success in this role?

Skills assessed include experience with operational risk management, technology assurance, Risk Control Self-Assessments (RCSAs), and controls gap assessments.

What kind of analysis will I be conducting in this role?

You will conduct risk-based analysis of business processes, systems, and controls, as well as ongoing research and monitoring of internal and external sources for potential operational risks.

How does this role engage with stakeholders?

This role involves engaging and working effectively with first and second line management, providing oversight, and attending key risk and control meetings.

What are some expectations for an Assistant Vice President in this role?

Expectations include consulting on complex issues, identifying ways to mitigate risk, managing risk and strengthening controls, and collaborating with other areas of the organization.

What values are colleagues expected to demonstrate at Barclays?

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

Will I have the opportunity to influence stakeholders in this role?

Yes, influencing and convincing stakeholders to achieve desired outcomes is a key expectation of this role.

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.