Regulatory Oversight CCR

Purpose of the role

To provide support to the Chief Risk Officer(S) in the implementation and ongoing effectiveness of the bank's risk management framework across various business units and functions.

Accountabilities

• Implementation support of risk management policies, standards, procedures, and controls across the bank.
• Asessment and promotion of risk management awareness and risk controls and culture.
• Review, challenge and monitoring of the effectiveness of existing risk management practices and identifying areas for improvement.
• Identification of new and emerging risks, and assessing the likelihood and impact of identified risks, and recommending appropriate mitigation strategies.
• Management and operation of associated committees, forum and meetings.
• Maintenance of risk inventories and governance documentation.

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.

Step into the role of Regulatory Oversight SME at Barclays where we are committed to pushing boundaries. You will be involved in developing the technical solutions for a business area that has true customer and colleague impact. Your contribution to architectural decisions will change their banking and working lives for the better through technical designs that are truly based on their experiences.

 Key Skills required for this role includes:

• Understanding of Counterparty Credit Risk (CCR) models and associated risk management frameworks.
• Basic knowledge of Basel 3.1 CVA methods - Standardized Approach for CVA (SACVA) and Basic Approach for CVA (BACVA), including regulatory implications and implementation aspects.
• Ability to assist in the interpretation and application of Basel IV requirements, particularly in the context of CCR and CVA.

Some other highly valued skills may include:

• Experience or understanding of self attestation processes for regulatory compliance, including review and challenge of submissions to ensure alignment with regulatory requirements.
• Strong assertive communication skills, able to engage effectively with senior stakeholders, internal teams, and regulators to provide clarity and direction on regulatory topics.
• Familiarity with the regulatory permissions process, including applications, amendments, and managing ongoing compliance with granted permissions.
• Ability to handle regulatory articles and assist in ensuring alignment with requirements by managing necessary attestations.

You may be assessed on 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 for Pune location.