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.
Analyst Expectations
- To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
- Requires in-depth technical knowledge and experience in their assigned area of expertise
- Thorough understanding of the underlying principles and concepts within the area of expertise
- They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
- 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 develop technical expertise in work area, acting as an advisor where appropriate.
- Will have an impact on the work of related teams within the area.
- Partner with other functions and business areas.
- Takes responsibility for end results of a team’s operational processing and activities.
- Escalate breaches of policies / procedure appropriately.
- Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
- Advise and influence decision making within own area of expertise.
- Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
- Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
- Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
- Make evaluative judgements based on the analysis of factual information, paying attention to detail.
- Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
- Guide and persuade team members and communicate complex / sensitive information.
- Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.
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 " AM- Chief controls office " 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 Markets product, Markets Operations, Control assessment and creating remediation plans, as well as job-specific skillsets.
To be successful as an "AM- Chief controls office ", you should have experience with:
Basic/ Essential Qualifications:
Chartered Accountant/ Certified Internal Auditor/ CPA or equivalent qualification in Auditing or Risk Management/Graduate or Post Graduate with experience in Controls i.e. Controls Business Partner or Control Assurance and Tester and Operational Risk Management.
Extensive experience in Internal Audit, Control Business Partnership, Controls Assurance & Testing and Operational Risk Management.
Comprehensive understanding of governance and control frameworks and processes, and all aspects of operational risk management. Highly motivated, business-focussed and forward-thinking.
Extensive experience in senior stakeholder management, ability to communicate internal control concepts clearly in a business context. Ability to manage reporting lines and relationships across multiple disciplines.
Controls Experience in areas viz. Markets, Markets Operations, KYC, Financial Crime, AML, Customer Due Diligence, Sanctions, Trade Operations, Credit Lending, Global Payments, Reference Data etc.
Desirable skillsets/ good to have:
Sound commercial judgment and overall understanding of the Financial Services Industry, particularly the business impact of the regulatory environment.
Experience of designing, communicating & implementing internal control policies.
Proficient in use of MS Office packages (Outlook, Word, Excel, PowerPoint etc.).
Knowledge of internal control and regulatory requirements & practice e.g. Turnbull, Sarbanes-Oxley, COSO, Basel II Accord relating to operational risk preferred.
Markets Product Knowledge.
This role will be based out of Chennai.
Top Skills
Barclays Chennai, Tamil Nadu, IND Office
Chennai, India, 600004
