Step into the role of LRR Risk Controls Oversight VP at Barclays, where you will spearhead the oversight of the LRR team's control functions by developing new governance and control frameworks, control mapping - checking and challenging for accuracy and gaps, verification testing, and identifying trends for escalations. In this exciting opportunity, you will work closely with global regulators and highlight your analytical skills.
To be successful as a LRR Risk Controls Oversight VP, you should have experience with:
Laws Rules and Regulations (LRR) risk management
Developing and implementing risk and compliance processes
Project management
Some other highly valued skills may include:
Excellent written and oral communication
Ability to think globally
Stakeholder management
You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.
This role is located in New York
Minimum Salary: $135,000
Maximum Salary: $200,000
The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available.
Purpose of the role
To define the approach for managing Laws, Rules and Regulations (LRR) Risk across the organisation and provide data-led expert oversight and check and challenge on LRR Risk Management, to support adherence with applicable Laws, Rules and Regulations.
Accountabilities
- Definition and maintenance of the framework for managing LRR Risk, including the LRR Risk Management Policy and Standard.
- Collaboration with teams across the organisation to facilitate a comprehensive approach to LRR Risk management.
- Provision of SME guidance on the end-to-end process for managing LRR Risk, including responding to colleague queries.
- Collaboration with stakeholders to assess the level of LRR Risk in the organisation and ensure appropriate steps are in place to identify and support the remediation of potential LRR non-adherence.
- Provision of oversight, checking and challenging on the implementation of LRR Risk Management Control Requirements and Controls, through reviews of relevant team processes, activities, reporting and systems.
- Review and investigation of LRR Risk related escalations, risk events and issues, providing corrective actions and preventative measures to avoid future occurrences.
- Operation of key Compliance processes to support the implementation of LRR Risk Management.
Vice President Expectations
- Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
- Manage and mitigate risks through assessment, in support of the control and governance agenda.
- Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
- Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
- Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
- Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
- Adopt and include the outcomes of extensive research in problem solving processes.
- Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.
All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.
