Asst. Manager - Risk Utility

Join us as a "Asst. Manager- Risk Utility" at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences.

To be successful as a Asst. Manager- Risk Utility, you should have experience with

1-    Stakeholder Management and Leadership

· Ensure daily RU allocated requests are picked up with 24hrs or agreed      timelines.

· Work collaboratively with all relevant stakeholders to execute all allocated

sourcing activities.

·  Maintain an up to date, accurate Tracker and any other relevant records  for governance; maintain data and records as per Barclays’ policy and for audit purposes

·  Ensure project / task completion is communicated to all relevant parties timely

·  Report progress against the Tracker and any risks, issues and dependencies following the defined processes

·  Proven experience in studying contracts and working with the Legal teams towards remediating the contracts

·   Excellent skills with analysing and articulating the work with Legal, Sourcing Manager and Supplier Manager.

2-Risk and Control Objective

•Strong sourcing acumen to relate to the underlying needs for risk and control.

• Should have an understanding of 3rd Party risks, ability to review, comprehend, draft and negotiate 3rd Party control requirements into Supplier Assurance Attestation and other assurances.

• Should be able drive Pre Supplier attestations , Service risk evaluation  for the function . The role holder should be able to comprehend the global changes and ensure enforcement in the process.

• Should be able to ensure contract compliance with key risks associated with supplier engagements like Information & Cyber Security, Physical security, People Screening, Data Protection etc.

• Should be able to drive and monitor process adherence reviews of all sourcing deals and come up with logical and actionable outcome for sustained improvement

Some other highly valued skills may include :

· Candidate should have experience in Vendor management or Sourcing or Risk Management and must have in depth understanding of Enterprise Risk management Framework 

· Team handling experience preferred.

You may be assessed on the 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.

Location : Noida

Purpose of the role

To optimise and address Barclays 3rd party spend requirements, including the definition, development and implementation of approaches for relevant spend categories and requirements with close collaboration with the business and execution of strategic sourcing and buying channel development/optimisation.

Accountabilities

• Profile spend in category area and develop understanding of business strategy, business requirements, cost levers and opportunities. Collaboration with internal stakeholders to identify sourcing needs, develop requests for proposal and ensure sourcing activities align to the banks needs and priorities.
• Planning and execution of sourcing events including RFP/ RFXs, negotiations to best meet the business requirements for value, speed, compliance, risk.
• Monitoring and guiding of controls and compliance requirements to be met through the category and sourcing cycle from request to contract, including regulatory engagement, controls, audits, data quality etc….
• Development, implementation and operation of policies and procedures for sourcing activities aligned to the policies, standards, relevant compliance and regulation.
• Identification and delivery of change opportunities to improve effectiveness, control and efficiency of sourcing processes including buying channel optimisation for relevant categories of spend (catalogues, demand challenge etc.).
• Identification of industry trends and development related to sourcing and category management by attending conferences, participating in training, and conducting market research on techniques and tools.

Analyst Expectations

• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

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.