Legal Entity Booking-AVP

Overview

Assess the integrity and effectiveness of the bank's internal control framework to support the mitigation of operational, financial and reputational risk. Lead a team performing complex control assessment work as an Assistant Vice President.

What you'll do

• Build knowledge of business areas, products, processes and platforms to assess risk.
• Collaborate with stakeholders across the bank and business units to improve overall control effectiveness, documenting control assessments, procedures and findings in detail.
• Identify and investigate potential weaknesses and issues within internal controls, prioritised by severity to disrupt bank operations, to promote continuous improvement and risk mitigation aligned to the bank's control framework.
• Develop reports communicating key risk assessment findings, control weaknesses and recommendations to control owners, senior management and other stakeholders.
• Execute reviews to determine the effectiveness of the bank's internal controls framework against established and evolving policies, regulation and best practice.
• Implement adherence to the Barclays Controls Framework and set the appropriate methodology for assessing controls against it.
• Advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness.
• Lead a team on complex tasks, set objectives and coach employees, appraise performance relative to objectives and determine reward outcomes.
• Develop new policies and procedures in support of the control and governance agenda.
• Engage in complex analysis of data from multiple internal and external sources to solve problems creatively and effectively.
• Communicate complex, sensitive information and influence or convince stakeholders to achieve outcomes.

What you'll need

• Chartered Accountant, Certified Internal Auditor, CPA or equivalent qualification in Auditing or Risk Management, or Graduate or Post Graduate with experience in Controls (Controls Business Partner, Control Assurance and Tester, or Operational Risk Management).
• Extensive experience in Internal Audit, Control Business Partnership, Controls Assurance and Testing and Operational Risk Management.
• Comprehensive understanding of governance and control frameworks and processes, and all aspects of operational risk management.
• Extensive experience in senior stakeholder management, with the 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 such as Markets, Markets Operations, KYC, Financial Crime, AML, Customer Due Diligence, Sanctions, Trade Operations, Credit Lending, Global Payments and Reference Data.
• Markets product knowledge.
• Understanding and application of data science and analytics.
• Excellent written and oral communication skills.
• Excellent relationship building, networking, negotiation and influencing skills.
• Excellent time management, prioritisation and multitasking skills.
• Excellent execution skills.
• Strong data analytical and quantitative skills.
• Strong project and change management skills.
• Highly motivated, business-focused and forward-thinking.

Nice to have

• Sound commercial judgment and overall understanding of the Financial Services Industry, particularly the business impact of the regulatory environment.
• Experience designing, communicating and implementing internal control policies.
• Proficiency in MS Office packages (Outlook, Word, Excel, PowerPoint).
• Knowledge of internal control and regulatory requirements and practice, such as Turnbull, Sarbanes-Oxley, COSO and Basel II Accord, relating to operational risk.

Details

• Location: Pune.