Join us for a role in " AVP Assurance" at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll
harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences.
To be successful as a AVP Assurance, you should have experience with:
Awareness of Risk and Control.Understanding of control testing.Proactively identifies risks, issues and dependencies and can perform analysis on value at risk and mitigation options across a project.Analytical approach and proven ability to manage issues through to resolution.Strong interpersonal skills and ability to communicate effectively across a global team.Ability to successfully multitask and complete assignments with varying lead times.Self-starter & works independently.Understanding and working experience in all or some of the following: Investment banking Markets products like Equity derivatives, Credit default swap, Interest rate swaps, FX options and swaps. Understanding of the various stages in Trade lifecycle like Trade initiation and execution, Trade capture, validation, confirmation, settlements, payments, reconciliation and reporting.Knowledge of Fraud and/or Financial Crime risks, controls and processesUnderstanding of Corporate Banking and Financial Crime will be an advantage.Experience of working in or with a Control Function (first, second or third line of defense).Some other highly valued skills may include:
Essential Skills/Basic Qualifications:
Knowledge of Controls and Analytical approach to problem solving.Desirable skills/Preferred Qualifications:
Understanding and working experience in all or some of the following: Investment banking Markets products like Equity derivatives, Credit default swap, Interest rate swaps, FX options and swaps. Understanding of the various stages in Trade lifecycle like Trade initiation and execution, Trade capture, validation, confirmation, settlements, payments, reconciliation and reporting.Markets Front office/Middle office processes Risk, Operational Risk, Financial Markets and audit.Knowledge of Fraud and/or Financial Crime risks, controls and processesKnowledge of the Functional and Operational risks.Relevant academic qualifications.Knowledge of data analytics tools and techniques.Location - Pune
You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.
Purpose of the role
To partner with the bank, to provide independent insurance on control processes and advise on improvements to ensure the efficiency and effectiveness of the bank’s internal controls framework.
Accountabilities
Collaboration across the bank to maintain a satisfactory, robust, and efficient control environment through the execution of ad-hoc assessments and testing on the design and operational effectiveness of the internal controls, aligned to control policies and standards.Review activities undertaken by management to remediate control gaps and provide an opinion as to whether the risk has been fully mitigated and whether the implemented controls are sustainable.Knowledge of Controls and Analytical approach to problem solvingDevelopment of detailed test plans and procedures to identify weaknesses in internal controls and other initiatives aligned to the bank’s control framework to mitigate any potential risks and issues, prioritised by its severity to disrupt bank operations, potential losses, and reputational impact.Communication of key findings and observations to the relevant stakeholders and business units to improve overall control efficiency and provide corrective actions to senior managers. Collaboration with other control professionals to resolve complex issues and ensure consistent testing methodologies across the bank.Development of a knowledge centre containing detailed documentation of control assessments, testing on design and operational effectiveness of procedures, findings, and the distribution of material on internal controls to train and upskill colleagues within the bank.Assistant Vice President Expectations
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.