Director - BX India CCO - CBP

Purpose of the role

To 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.  

Accountabilities

• Collaboration with various stakeholders across the bank and business units to improve overall control effectiveness through detailed documentation of control assessments, procedures, and findings.
• Identification and investigation of potential weaknesses and issues within internal controls to promote continuous improvement and risk mitigation aligned to the bank’s control framework, prioritised by its severity to disrupt bank operations.
• Development of reports to communicate key findings from risk assessment including control weaknesses and recommendations to control owners, senior management, and other stakeholders.
• Execution of reviews to determine the effectiveness of the bank's internal controls framework aligned to established and evolving policies, regulation, and best practice.
• Implementation of adherence to the Barclays Controls Framework and set appropriate methodology of assessing controls against the Controls Framework.

Director Expectations

• To manage a business function, providing significant input to function wide strategic initiatives. Contribute to and influence policy and procedures for the function and plan, manage and consult on multiple complex and critical strategic projects, which may be business wide..
• They manage the direction of a large team or sub-function, leading other people managers and embedding a performance culture aligned to the values of the business. Or for an individual contributor, they lead organisation wide projects and act as deep technical expert and thought leader, identifying new ways of working and collaborating cross functionally. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Provide expert advice to senior functional management and committees to influence decisions made outside of own function, offering significant input to function wide strategic initiatives.
• Manage, coordinate and enable resourcing, budgeting and policy creation for a significant sub-function.
• Escalates breaches of policies / procedure appropriately.
• Foster and guide compliance, ensure regulations are observed that relevant processes in place to facilitate adherence.
• Focus on the external environment, regulators, or advocacy groups to both monitor and influence on behalf of Barclays, when appropriate.
• Demonstrate extensive knowledge of how the function integrates with the business division / Group to achieve the overall business objectives.
• Maintain broad and comprehensive knowledge of industry theories and practices within own discipline alongside up-to-date relevant sector / functional knowledge, and insight into external market developments / initiatives.
• Use interpretative thinking and advanced analytical skills to solve problems and design solutions in often complex/ sensitive situations.
• Exercise management authority to make significant decisions and certain strategic decisions or recommendations within own area.
• Negotiate with and influence stakeholders at a senior level both internally and externally.
• Act as principal contact point for key clients and counterparts in other functions/ businesses divisions.
• Mandated as a spokesperson for the function and business division.

All Senior 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.

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.

Overall purpose of role

This role within the first line of defence is responsible for:

• Supporting the MD/Director, Chief Controls Office and the business areas in managing the frameworks which support Senior Managers in delivering their accountabilities under the Individual Accountability Regime;
• Ensuring that Barclays has adequate frameworks in place to comply with the regulatory requirements relating to oversight over Appointed Representatives;
• Support of regulatory change projects, acting as a central point of contact between the business and strategic change programmes;
• Specific oversight of Ring Fencing rules and the processes and controls operating to ensure a compliant framework;
• Support engagement with BIA on plans, progress and results for audit activity impacting the business;
• Support general governance advisory services to business areas.

The role holder may be required to assist with other duties aligned to CCO execution priorities, including but not limited to the Risk and Control Self-Assessment (RCSA) processes, Risk Events and Issues Management, Control Environment & Risk Profile Assessments and ongoing review of activities against the Barclays Control Framework.

Role holder’s work will be used by high profile stakeholders across the three lines of defence

Key Accountabilities

• Work with stakeholders across the three lines of defence to ensure that the frameworks that regulate and support Senior Managers and Certified individuals in discharging their Reasonable Steps are fit for purpose and well understood by the business areas and functions.

• Work with stakeholders across the three lines of defence to ensure that the frameworks that regulate and support the use of Appointed Representatives comply with the regulatory requirements and are effectively implemented.
• Provide oversight of the implementation of strategic and regulatory change programmes, ensuring that appropriate processes have been followed by the projects on behalf of the business in order that regulatory requirements will be met through effective control frameworks. 
• Understand and be able to assess the impact that strategic/regulatory change and continuous improvement initiatives have upon the control environment – working with stakeholders in the business to ensure risks are fully understood and appropriate mitigating controls in place.  
• Provide support to the business regarding the design, review and monitoring of ring fencing controls which ensure and evidence our compliance with ring fencing rules. 
• Regular and ongoing interaction with BIA colleagues on audit plans, ensuring these are communicated effectively across impacted areas and acting as a key point of contact and valuable review step within the audit process for timely escalation of significant issues affecting the control environment.
• Provide robust, effective and insightful reporting, analysis and communication to provide assurance to senior management that the business is compliant with the defined governance framework, with effective escalation of issues as appropriate.
• Take responsibility for own personal and career development, working in a way that is aligned fully to Barclays Values.
• Leadership of planned and ad-hoc business planning activity relating to the role responsibilities.