Barclays
Noida, Uttar Pradesh, India Posted 2d ago
Barclays is seeking an Assistant Vice President for Model Risk Conformance to oversee that the bank operates in adherence to established frameworks, policies, standards, laws, rules, regulations, and internal controls.
Key Responsibilities
Analysis of processes, transactions, and activities across various business units to assess adherence to policies, regulations, and internal controls.
Interviews, documentation review, and data analysis to gather evidence of compliance.
Identification and reporting of deviations or non-conformities, documenting findings and recommendations for corrective action.
Analysis of the effectiveness of existing controls and recommend enhancements to strengthen the control environment.
Support the Head of Conformance in the day to day management and execution of Conformance Reviews based on the agreed annual Conformance Review Plan.
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 and procedures in support of the control and governance agenda.
Requirements
Working experience in Model Risk
Understanding of Risk Policies, Standards, Procedures, Documentation and Controls
Experience and knowledge of end to end risk portfolio management
Understanding of Regulatory policy requirements
Preferred Qualifications
Model Risk or Internal Audit background
Knowledge of the Group Risk structure
Good knowledge of the legal entities and transaction cycles that make up the Barclays Group
Good knowledge of Financial Services
