Avp - Obi

Job Title: AVP - OBI
Location: Chennai

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
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.

Working Flexibly
We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life.
If you would like some flexibility, then please discuss this with the hiring manager.

Introduction:
What will you be doing?

Planning and Stress Test BAU processes: Support and strengthen the control environment in the P&ST processes, as and when required including:

- The role will be a single point of Contact for the P&ST FTC into the other services within the Chief Controls Office and BIA
- Provide input and review on adherence and completion of risk assessments including but not limited to Risk and Control Assessments (RCSA)
- Defining and centralizing the control processes for regulatory assessments within the FTC, and embedding the control framework into the activities involved in the delivery of the stress testing cycles into the Workflow tool
- Controls oversight for major change initiatives
- Oversight of ORAC data integrity (timeliness and quality) in line with the Barclays Control Framework;
- Coordinate and track gap analysis and implementation of policies and standards;
- Governance, MI & Insights: Provide regular controls insights to P&ST leadership to ensure risk and controls issues, risk events and required actions are fully understood and remediation plans are put in place as necessary.
- Responsible for collaboration with internal and external auditors on the controls testing plan and provide support to them to ensure timely completion of audit exercise and facilitate the results to senior management.
- Responsible for maintaining governance framework, controls testing document evidences, and independent validation ensuring compliance with BCBS 239 stress testing principles.
- Take responsibility for own personal and career development, working in a way that is aligned fully to Barclays Values and Barclays Mindset.

What we’re looking for:

- Formal Accounting qualification (ACCA, CIMA, ACA or equivalent)
- Control experience in major business area or function. Ability to understand, implement and drive improvements to a risk & control framework
- Understand and manage Risk, Compliance, Governance, Control & Regulatory practices.
- Experienced in dealing with multiple stakeholders in different business functions who have different objectives e.g. Internal Audit, Risk, Compliance, Legal.
- Effective written and oral communication skills, with the ability to present credibly to senior stakeholders

Skills that will help you in the role:

- Experience of Capital Risk, Conduct Risk, Reputation Risk, Data Risk and/or Change Management.
- Experience of working within a regulatory and control environment.
- Experience of working within the financial services industry
- Good understanding and experience of regulatory capital and stress testing requirements

Where will you be working?

Chennai

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 pr