DFX Risk and Control Officer (9 month secondment)

About Barclays

Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. Please visit our website here for more information.

This role falls under the Market Operations Risk, Control & Regulatory Management (RCRM), which as a department supports Market and Service Operations by providing central and independent support and coordination of the Operational Risk Management Framework.

The role sits within the first line of defence and supports Derivatives and FX Operations:

Derivative Post Trade Services is a cross-asset class function responsible for ensuring that all Interest Rate, Credit, Equity, Commodity and Foreign Exchange Derivatives are controlled, confirmed and settled in an efficient and cost effective manner. The department supports a broad range of operational services across the OTC trade lifecycle including trade lifecycle management, affirmation, confirmation, nostro and brokerage reconciliation as well as strategic product support.

Role Purpose

Oversight of the embedding of the Enterprise Risk Management Framework within DFX. Support and oversee the risk assessment and monitoring program including control self assessments, KRI oversight, risk reporting, lessons learned. Representation at key business aligned governance meetings representing R&C status and control agenda. Perform regional deep-dives/testing of control themes and drive remediation. Identify and monitor regional/global Operations Risk & Regulatory control themes. Monitoring compliance with Barclays' policies and standards. Supporting internal and external audits. Driving risk culture awareness Acting as cover for the Head of EMEA IB OPS Risk & Control.

Key Accountabilities

Develop and maintain a comprehensive and robust operations risk and control framework. Support and oversee the risk assessment and monitoring program including KRI completeness, risk reporting, control self assessments. Ensuring effective Risk & Control Management reporting and information is produced for Senior Management. Identify, understand and monitor regional/global Operations Risk & Regulatory control themes. Drive compliance with regulatory requirements. Review risk event/incidents ensuring that root cause analysis is undertaken in order for control weakness to be identified and remediated. Perform regional deep-dives/testing of control themes and drive remediation. Support and lead the implementation of global control initiatives and programs - e.g. procedure completeness, reconciliation completeness. Undertake and participate in strategic and ad-hoc risk projects and control initiatives. Assess adherence to global Group Risk Policies & Standards. Assist to support internal and external audits. Build and maintain strong and effective relationships with Operations management teams Develop and deliver risk training to line teams to create control awareness..

Stakeholder management and leadership: key stakeholders at Director/VP level.

Person Specification

2-4 years of experience in risk management. Investment Banking experience with knowledge of a complex Operations environments, specifically Front to Back Operational Processes, Risk and Control Functions, and Regulatory Reporting. Good working knowledge of operational risk frameworks, control processes and practices, including experience in their design, application and testing.
Risk and Control Objective

All Barclays colleagues have to 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

Benefits

Our customers deserve the best. The same goes for our employees. That's why at Barclays you'll receive a range of benefits that include a competitive salary and all the tools, technology and support you need to succeed.

Our Culture

Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. The values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our employees. Simply put, success is not just about what you achieve, but about how you achieve it.

Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.

Barclays is an equal opportunity employer and are opposed to discrimination on any grounds.For more detailed information, please visit our dedicated Diversity and Inclusion site here .

Salary: . Date posted: 14/06/2017