AVP, Controls Assurance

About the Role

To partner with the bank, to provide independent assurance on control processes and advise on improvements to ensure the efficiency and effectiveness of the bank’s internal controls framework. This role will be based out of Mumbai.

Key Responsibilities

• Perform controls assurance/testing across Credit, Market, Capital & Treasury, Model Risk, Climate, and Operational Risk for Legal Entities including Barclays Bank UK, Barclays Bank Ireland, BBPLC, and BPLC.
• Partner with peers and proactively drive the delivery of control testing in line with the agreed testing plan.
• Participate in ad-hoc assurance reviews on behalf of senior management.
• Collaborate 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 internal controls, aligned to control policies and standards.
• Develop detailed test plans and procedures to identify weaknesses in internal controls and other initiatives aligned to the bank’s control framework to mitigate potential risks and issues.
• Communicate key findings and observations to relevant stakeholders and business units to improve overall control efficiency and provide corrective actions to senior managers.
• Collaborate with other control professionals to resolve complex issues and ensure consistent testing methodologies across the bank.
• Develop 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.
• Advise and influence decision making, contribute to policy development, and take responsibility for operational effectiveness.
• Lead a team performing complex tasks, using well-developed professional knowledge and skills to deliver work that impacts the whole business function.
• Set objectives and coach employees, appraise performance, and determine reward outcomes.
• Lead collaborative assignments and guide team members through structured assignments.
• Identify the need for the inclusion of other areas of specialisation to complete assignments.
• Identify new directions for assignments and/or projects, identifying a combination of cross-functional methodologies or practices to meet required outcomes.
• Consult on complex issues, providing advice to support the resolution of escalated issues.
• Identify ways to mitigate risk and develop 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, requiring an understanding of how areas coordinate and contribute to organisational objectives.
• Collaborate with other areas of work and business-aligned support areas to stay updated on business activity and strategy.
• Engage in complex analysis of data from multiple internal and external sources to solve problems creatively and effectively.
• Communicate complex information, including sensitive or difficult-to-convey content.
• Influence or convince stakeholders to achieve outcomes.

Requirements & Tech Stack

• Controls Testing in any Risk Discipline
• Team Management
• Microsoft applications (i.e., Excel, Excel macros)

Qualifications

• Able to work independently and as part of a team, including within global and virtual teams.
• Able to take initiative, apply sound judgement, and problem-solve within a fast-paced, changing environment.
• Able to identify critical, high-priority activities and adjust priorities for self and others.
• Confident and articulate with strong communication and interpersonal skills, and the ability to build trust.
• Good control and service delivery mind-set, with a strong understanding of the importance of creating and maintaining a robust governance and control environment.
• Line management experience for managing others.

Desirable Skillsets

• Master’s degree or equivalent
• Proven experience in Risk/Audit/Internal Controls
• Knowledge of programming languages (e.g., SQL)