- Location
- Wilmington, 125 South West Street, United States of America
- Type
- Full-time
- Department
- Operations
- Seniority
- VP
- Closing date
- Today
- Source
- Workday
Description
Job Description
Purpose of the role
To provide independent review and challenge of the Operational Risk elements of particular risk categories across the bank. Ensuring they are carried out in accordance with Barclays Operational Risk Framework, Policies, and Standards
Accountabilities
- Risk identification and proactive risk management, identifying interconnected, horizon and emerging risks to assist the business in understanding, managing and mitigating the right risks in line with their business strategy and objectives.
- Analysis of operational risk data to identify trends, patterns, and emerging risks.
- Risk-based analysis of business processes, systems, and controls to assess the likelihood and impact of identified risks.
- Ongoing research and monitoring of internal and external sources to identify potential Operational Risks.
- Oversight, review and challenge of 1st Line activities including - Risk Control Self Assessments (RCSAs), Risk Events, Issues and attendance at key Risk and Control meetings (with associated reporting) ensuring they accurately reflect the business risk position,.
- Stakeholder management, engaging and working effectively with First and Second Line management.
- Risk based 2nd Line input into 1st Line Projects, Initiatives and Strategic decision making.
Assistant Vice President Expectations
- To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
- Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
- If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
- OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
- Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
- Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
- Take ownership for managing risk and strengthening controls in relation to the work done.
- Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
- Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
- Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
- Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
- Influence or convince stakeholders 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.
Join us as an Operational Risk AVP, where you will provide independent review and challenge of operational risk across the business. You will partner closely with stakeholders to identify and mitigate risk, assess risk events, and provide constructive feedback in accordance with the Operational Risk Framework, policies, and standards. This role requires an inquisitive professional who can add value by questioning existing practices, communicating risk concerns clearly, and helping the business strengthen its risk and control environment. You will build trusted relationships across the organization while supporting effective operational risk oversight.
To be successful as an Operational Risk AVP, you should have:
Risk and controls experience within a financial institution
Knowledge of operational risk frameworks, policies, and standards
Experience reviewing, challenging, and mitigating operational risks
Other highly valued skills include:
Excellent communication skills with the ability to present risk concerns clearly and constructively
Relationship-management skills with the ability to influence business stakeholders
Inquisitive and analytical mindset with proficiency in Microsoft Office and AI
Strategic Risk Transfer experience is a plus
You may be assessed on key critical skills relevant for success in this 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 Wilmington, DE.