Job Title : VP – BI, CBP
Location : Chennai
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.
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.
Our dynamic working programme has been set up to help Barclays colleagues achieve an optimal work/life balance. Arrangements we offer range from working at home and changing regular hours to taking career breaks. Our Dynamic Working initiatives support colleagues at all stages of their lives, helping them with parenthood, caring, further studies and hobbies
Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives. If you have a need for flexibility, then please discuss this with the Hiring Manager.
VP role within BI first line of defence responsible for ensuring effective governance is maintained across key processes underpinning controls, to strengthen the control environment. This includes providing support and control business partnership to the Asia business to ensure complete and accurate governance is in place to ensure that customer needs are met by the process every time, so that BI is able to meet its regulatory & compliance commitments.
Ensure all activities and duties are carried out in full compliance with regulatory requirements, Enterprise wide Risk Management Framework (ERMF), Barclays Operational Risk Management Framework (ORMF) and internal Barclays Policies and Standards.
What will you be doing
Ensure reporting requirements contained within relevant Operational Risk/Barclays Control Framework/Operations of Committees Policies & Standards are applied across regional Controls reporting
Act as key stakeholder/contact point to the teams supporting Asia Issues, Risk Event Governance and Control Environment reporting, ensuring that any challenges or queries are addressed/answered and any change requirements are clearly understood and implemented
Support the management of issues and actions as required ensuring timely completion and effective accountability within the relevant Teams.
Regularly assess the impact of new/upcoming ORAC Changes to internal regional Control environment reporting and external (regulatory) Risk Event Reporting, including any changes in the way the upstream data systems feed into ORAC
Reporting logics review regularly Regional (ACM) vs. Country/Legal entity Control reports to ensure consistency, drive ongoing simplification to increase reporting accuracy and facilitate delivery of a strategic reporting solution.
Conduct periodic reviews as to the appropriateness of the current Governance Framework across the region, ensuring this aligns with the Enterprise Risk Management & Barclays Control Frameworks, ensuring changes are reflected in the Asia CCO SharePoint site
Develop and deliver against the BI portfolio of work for area of coverage, leading on key initiatives assigned
Understand and be able to assess the impact that strategic/regulatory change and continuous improvement initiatives have upon the control environment working with and supporting stakeholders to ensure risks are fully understood and appropriate mitigating controls in place.
Provide robust, effective and insightful reporting, analysis and communication to provide assurance to key stakeholders that the business is compliant with the defined governance framework, with effective escalation of issues as appropriate
Conduct regular meetings with key stakeholders and ensure regular updates are provided related to BAU/BOW items
Understanding of the regional operational and regulatory environment and its impact leading to proactive assessment of regulatory exposure and supporting management in escalating concerns.
What we re looking for:
Have detailed knowledge of ERMF, ORF, and BCF, and their related policies and standards, including their stakeholders, governance and reporting requirements
Experience in a risk and/or control function/role in either the first, second or third lines of defence.
Ability to identify, analyse and interpret control issues and potential non-compliance against BCF framework, policy and/or standards
Excellent attention to detail and be comfortable to make suggestions to peers; leadership teams and across operational teams
Excellent written communications skills needed to supplement reporting commentary and wide range of report production
Data Deep Dives – Able to identify appropriate colleagues to explain the why . Ability to analyse datasets to form a holistic understanding of key insights, applying personal domain expertise to pose credible hypotheses as to why trends occur
Ability to manipulate, interrogate and interpret data in order to form an opinion, make a recommendation or solve a problem.
Skills that will help you in the role:
An understanding of the interrelationships between systems, including the workflow of data and data quality issues (inc. ORAC, ASSURE, CAP, CITAM, BRES, Tableau).
Drives enhancements to improve governance and control to build an environment where everyone understands their accountabilities and responsibility. Creates a resilient, inclusive and adaptive culture
Knowledge of the structure of the Asia Franchise, its businesses, legal entities and products offered.
Ability to define or identify a problem, generate alternatives or potential solutions, evaluate and choose between these and drive implementation of the chosen solution.
Making and guiding decisions – You are capable of making and guiding effective decisions, explaining clearly how the decision has been reached. You are able to understand and resolve technical disputes across varying levels of complexity and risk
Understand the whole context – You are able to look beyond the immediate problem and identify the wider implications. Zooming out in three dimensions – knowing relevant historical context and future impact, understanding how current work fits in broader contexts and strategies, and looking for deeper underlying problems and opportunities
Good relationship and stakeholder management skills across the organisation
Strong working knowledge of the regulations and standards of relevant industry bodies and organizations.
Experience of continuous process and control improvement for both efficiency and risk management purposes.
Where will you be working
Be More at Barclays
At Barclays, each day is about being more as a professional, and as a person. Be More @ Barclays represents our core promise to all current and future employees. It s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
Interested and want to know more about Barclays Visit home.barclays/who-we-are/ for more details.
Purpose and Values
We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.
Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.
We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone’s contribution.
We operate with honesty, transparency and fairness in all we do.
We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.
We champion innovation, and use our energy, expertise and resources to make a positive difference.
We prize sustainability, and are passionate about leaving things better than we found them.
We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals.
Our customers are unique. The same goes for our colleagues. That’s why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances. These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be. We are proud of our dynamic working options for colleagues. If you have a need for flexibility, then please discuss this with us.
Department:Operations Management / Process AnalysisIndustry:Banking / Financial ServicesSkills:risk management framework, enterprise risk management, operational risk management, data quality, risk management, enterprise risk, operational risk, consumer banking, equipment supply, management skills, continuous processEducationGraduation
Recruiter detailsCompany Name: Barclays Shared Services Pvt. Ltd