Regulatory Oversight Manager

Join us as a "Risk Manager AVP" 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 a successful "Risk Manager AVP", you should have experience with (Mandatory)

• Risk and Control Management, including experience in dealing with regulatory requests.
• Knowledge of Third Party Service Provider Risk, including experience of associated standards, processes, controls and applications.
• Knowledge of Outsourcing and Third Party Risk Regulatory Expectations
• Project Management and experience in collaborating with multiple stakeholders and subject matter experts across the organization.
• Experience in execution and management of regulatory exams, audits and responses to regulatory requests.

Some other highly valued skills may include (Mandatory):

• Excellent communication skills, consultative business partnering approach with a collaborative style.
• Excellent attention to detail, with strong analytical skills and an ability to make sound judgements.
• Ability to adapt to changing requirements, support re-prioritization of activities and change course as necessary to support deliver on regulatory book of work.
• Ability to think creatively, holistically, and multi-dimensionally about business challenges involving regulatory requirements to develop remediation actions and solutions to effectively comply with them and manage the risk.
• Providing leadership on new and emerging third-party regulatory requirements (e.g., Supervisory Statements) and their impact on the organization.
• Ability to identify continuous improvements in the process managed and drive efficiency and effective in the work delivery.

 Desirable skills/Preferred Qualifications (Not mandatory):

• Post graduate with professional qualification in risk management.
• Extensive background in audit and controls assurance.
• Highly experienced Third Party Risk Specialist at a prominent financial institution or consultancy firm.
• Proficiency in the use of MS Office, especially PowerPoint, Excel and knowledge of GRC tools such as ORAC,   Process Unity, Tableau, etc. 
• Experience in understanding, performing analysis and reporting on Third Party Risk regulatory risk information and compliance to senior management.

Location: Noida

Purpose of the role

To support the Risk Function in delivering it’s objective of safeguarding the bank's financial and operational stability by proactively identifying, assessing, mitigating, and monitoring risks across various business units and activities.

Accountabilities

• Development of strategic direction for risk, including the implementation of up-to-date methodologies and processes.
• Management of the risk department, including oversight of risk colleagues and their performance, implementation of risk priorities and objectives, oversight of department efficiency and effectiveness.
• Relationship management of risk stakeholders, including identifying relevant stakeholders, and maintenance of the quality of external third-party services.
• Adherence to the Risk policy, standards and frameworks, and maintaining a robust control environment.

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.