Barclays India | Macro and Credit BCO - India

Responsibilities

• Purpose of the roleTo assess the integrity and effectiveness of the banks internal control framework to support the mitigation of risk and protection of the banks operational, financial, and reputational risk.
• Act as the central coordination point for all business-relevant controls, ensuring consistency and quality delivery of the Controls Strategy and Frameworks.
• Provide oversight across controls, issues, risk events, audit actions, policies and standards, ensuring effective remediation where required.
• Lead controls remediation projects arising from regulatory mandates, internal audit findings (2nd & 3rd line), and self-identified risk events.
• Support audit engagements including preparation, coordination, stakeholder management, and tracking remediation actions to closure.
• Implement governance frameworks for monitoring risk and controls, including preparation of controls MIS, reporting packs, and representation at relevant forums.
• Support regulatory interactions, submissions, control mandates implementation, and regulatory reviews.
• Partner with regional APAC stakeholders and leverage group-wide control functions to drive consistency and sustainable outcomes.
• Communicate confidently and effectively with senior stakeholders, both verbally and in writing.
• Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes.

Requirements

• Effectively challenge risk and control decisions where required and provide advisory input on control enhancements.
• Excellent knowledge of risk and control assessment techniques with a strong risk management mindset.
• Knowledge of the India Financial Services regulatory environment and associated mandates.
• Strong understanding of Enterprise Risk Management Framework (ERMF), Operational Risk Framework (ORF), and associated Controls Framework.
• Proven ability to operate effectively within a matrix organisation.
• Strong cross-functional collaboration capability within regional or global governance structures.
• You may be assessed on the key critical skills relevant for success in role, such as:Ability to design and embed sustainable risk and control frameworks.
• Effectiveness in managing audit and regulatory remediation.
• Develop others..OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• 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.

Barclays

Barclays is a British universal bank with consumer, corporate and investment banking businesses. Its history goes back to 1690 in London.

Barclays' Indian centres support the group's global operations, finance and technology. Finance professionals typically work in financial control, regulatory reporting, product control, tax and risk.

• Industry: Banking and financial services
• Headquarters: London, UK
• In India: Banking in India plus large Barclays service centres (including Pune, Chennai and Noida)