Operational Risk Oversight

4 weeks ago


Delhi Delhi, India Barclays Full time

Job Title: Operational Risk Oversight
Location: Noida

About Barclays
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
Take ownership for managing risk and strengthening controls in relation to the work you do.

Working Flexibly

Hybrid Working

Introduction:
The role of the Governance and Engagement team is to support the Group Head of Model Risk Management in articulating and governing the key model risks across the firm.

The role holder will sit within the Governance & Engagement team and will primarily be responsible for supporting the delivery of governance and reporting associated with Connected Risks.

What will you be doing?
The role holder will predominantly support the Reporting arm of the team with the following duties & responsibilities, with a primary focus on managing the requisite governance forums and reporting for Connected Risks:

- Model Risk Reporting:

- Support with the oversight, delivery and enhancement of governance reporting for MRM and non-MRM meetings
- Support the establishment of new forums and deliverables, including a Connected Risk Forum, requisite connected risk reporting and various SS1/23 deliverables.
- Support with the oversight and delivery of BCBS239 activities for in-scope reports
- Support with the effective operation, management and enhancement of the Model Risk governance framework
- The role holder may also support the broader Governance & Engagement team on other activities, not limited to weekly roadmaps, action trackers, agenda setting, MRM training, process documentation and continuous improvement initiatives.

What we’re looking for:

- Experience of operating within a Risk and/or Control environment
- Experience of operating within a reporting and/or governance environment
- An ability to effectively review, synthesise and interrogate data/information
- High quality verbal and written communication skills and the ability to collaborate with stakeholders at various levels of seniority
- A team player who is comfortable working in a dynamic environment and with a variety of stakeholders at various levels of seniority
- Ability to manage multiple deliverables in parallel, prioritise these accordingly and meet their associated deadlines
- Highly organised and proactive, with excellent attention to detail
- Proficient in the use of the Microsoft Office suite

Skills that will help you in the role:

- An understanding of the Barclays organisation structure
- Experience of Model Risk Management frameworks
- An ability to execute secretariat duties and responsibilities
- Experience working with quantitative teams
- Experience of operating within a change management role
- Experience in the documentation of processes and procedures
- An understanding of the Barclays Control Framework
- An understanding of the Operational Risk and Controls (ORAC) system
- An understanding of the Standardised Control Book (SCB) reporting solution

Where will you be working?
Noida

Be More at Barclays
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Purpose, Values and Mindset
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.
Respect
We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution.
Integrity
We operate with honesty, transparency and fairness in all we do.
Service
We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.
Excellence
We champion innovation, and use our energy, expertise and resources to make a positive difference.
Stewardship
We prize sustainability, and are passionate about leaving things better than we found them.
Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.
Empower
Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.
Challenge
Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.
Drive
Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibilit



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