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Job Description
Job Title : AVP Model Risk Governance
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
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, and your request will be reviewed subject to business needs.
Hybrid Working
Structured hybrid role:
At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home. We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.
Introduction:
The role will report into the Head of Governance & Engagement and will primarily be responsible for supporting the delivery of core activities within the Governance and Engagement Team. This supports the Group Head of Model Risk Management in articulating and governing the key model risks across the firm.
What will you be doing?
The role holder will support the Governance & Engagement team to deliver the the following duties and responsibilities:
• Model Risk Reporting:
- Support with the oversight and delivery of governance reporting for MRM and non-MRM meetings
- 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
• Model Risk Engagement:
- Production of the weekly roadmap which signposts to management the key governance meetings and agendas
- Support the agenda setting process, which defines the core risk management topics for MRM and non-MRM governance forums
- Maintenance of presentations including induction decks and governance structures
- Support the delivery of quarterly MRM Independent Validation Unit training and the expansion of the training remit
• Other:
- Support continuous improvement initiatives to strengthen the overall governance, reporting and engagement framework
- Support with Model Risk Governance and Engagement related queries and requests
- Support the wider Group Model Risk Governance and MRM team, as and when required on ad-hoc deliverables and analytics
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
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• 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
• Preferred qualifications – CA, MBA, or Engineering.
• 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
Looking to get Placed? Try our Placement Guarantee Plan
• An understanding of the Standardised Control Book (SCB) reporting solution
Where will you be working?
Noida
Be More at Barclays
At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
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 everyones 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 responsibility. Actively build collaborative relationships to get things done.
Skills
Risk ManagementDataCommunicationFinanceIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Barclays is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services.
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. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 83,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
Barclays is a trading name of Barclays Bank PLC and its subsidiaries. Barclays Bank PLC is registered in England and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England. Registered No. 1026167. Registered office: 1 Churchill Place, London E14 5HP.
Important dates & deadlines?
Application Deadline
23 Apr 24, 12:25 PM IST
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