Risk and Control Analyst

Pune, India

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Key information

Date live: 11/18/2024

Business Area: Customer Digital and Data

Area of Expertise: Technology

Contract: Permanent

Reference Code: JR-0000008250

It’s happening at Barclays.

Be a part of a place where challenges are measured in billions, qubits and nanoseconds. Build your career in an environment where we’re advancing machine learning, leveraging blockchains, and harnessing FinTech. Working in Barclays technology, you’ll reimagine possibilities: learning and innovating to solve the challenges ahead, delivering for millions of customers.
We are shaping the future of financial technology.
Why not join us and make it happen here?

Where will you be located?

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Join us as a Risk and Controls Analyst at Barclays, where you will be part of the Risk and Control team for Data and Analytics Office. Work in partnership with the Risk and Controls Manager, Tower Risk Leads and Engineering Teams, as well as across the organisation with key stakeholders, to manage open and emerging risk, audit and controls activity. You will manage all risk and controls activity in line with the required standards and where appropriate escalate in the right manner and at the right time in order to adhere to the Groups ERMF.

Responsibilities for the role:

Support the Risk and Controls Manager as a Risk SME, using your understanding of Group Policies and Standards to help identify and document as well as classify risk appropriately, ensuring Vertical and Horizontal owners are engaged appropriately.
Ensure non-compliances to Group Standards are managed appropriately, as per the Groups Enterprise Risk Management Framework.
Act as the point of contact for Risk Management in Risk & Controls Team.
Be an engaged and integral member of the Risk & Controls Team, supporting BAU methodologies and regular team meetings, helping to drive good practice across the TC.
Work with Cyber and Technology stakeholders to ensure full compliance of all deliverables including, but not limited to: DWBs, Risk Event, SoX, Operational Risk, and Legal Requests. Work in partnership with the Tech Chief Controls Office, Chief Information Security Office and Chief Technology Office to manage and track all deliverables.
Dispensations, Waivers, Breaches: Review non-compliance requests, check and challenge validity, work in partnership with technology team and risk partners to ensure all required mitigating control evidence is clearly documented and presented appropriately to Vertical, Horizontal and Standard owners for review and sign off.
Where open risk is off track, escalate in a timely and appropriate manner, as per Groups processes where applicable.
Risk Event Management: Raise, Co-ordinate and enrich Risk Events in line with Risk Event policy.
Work with cyber, technology and risk partners to review all open risk and audits, ensuing that solutions are designed effectively and supporting evidence is sufficient to close out / evidence operational effectiveness.
Audit Management: Support internal/external audit engagement, effectively managing in-line with BIA audit methodologies. Including: Pre-audit checks, progress monitoring, and evidence provision.
Provide an independent check and challenge view on risk deliverables, as required. Proactively engage risk partners to obtain approval prior to and during reviews from 2LoD or 3LoD
Adhoc Mandatory/Regulatory Initiatives: Support and prioritize regulatory initiatives

Basic Qualifications

Good organisation and communication skills, be motivated (and motivational) with strong interpersonal and stakeholder management skills.
Strong analytical skills and attention to detail are essential, as well as a desire to support colleagues to manage risk (with a service focus).
Knowledge of Operational Risk & Control and/or audit in a regulated business environment
Consistently demonstrates integrity, fairness and professional conduct

Preferred Qualifications

Compliance, controls, Regulatory Relations and/or Data Office experience
An understanding of Financial Services policies/Regulatory requirement
Previous experience in an environment that has enabled you to gain a broad understanding of technology and cyber compliance
Knowledge of technology controls, including the development & maintenance of appropriate frameworks and methodologies. Understanding of risk assessment, risk treatment & risk remediation, including Risk Issue Classification Matrix (RICM)
Working knowledge of technology and/or cyber/information control standards
Drive continuous improvement, being an advocate for managing change initiatives efficiently and effectively and in line with our Policies and Standards

This role is based out of Pune.

Purpose of the role

To manage the efficient delivery of large-scale technical projects and capabilities across the bank and collaborate with internal and external stakeholders to understand their needs and expectations throughout the software product lifecycle, adhering to agreed time, budget and quality requirements.

Accountabilities

Management of the delivery, resource allocation and improvement of complex technical project capabilities across the bank using Agile/Scrum methodologies for planning, stand-ups, demos, retrospectives and the execution of sprints.
Collaboration with customers and business teams to manage and implement customer trails to support the proposal of technically feasible solutions, and effort and timeline expectations.
Collaboration with software engineers, quality teams, product managers and other engineering teams to deliver high-quality products and features through the software project lifecycle aligned to the banks objectives, regulation and security policies.
Identification, assessment, and mitigation of risks associated with technical projects to prepare the bank for potential challenges.
Management of change requests and communication with stakeholders throughout the project lifecycle.
Management of vendor relations involved in technical projects to ensure they deliver according to agreed terms.
Stay abreast of the latest industry technology trends and technologies, to evaluate and adopt new approaches to improving deliver outcomes and to foster a culture of continuous learning, technical excellence and growth.

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.

Barclays welcomes applications from all candidates and is committed to ensuring reasonable adjustments (accommodations) are put in place to allow for a fair and inclusive recruitment process. For more information and how to request one, please review Adjustments to the recruitment process.

We’re a global, vital and highly respected financial organisation with an inspiring Purpose. Operating in 39 countries and employing around 100,000 people across the world, we help communities, individuals and businesses thrive. And we’ve created financial solutions and technology that the world now takes for granted. A career with us can offer incredible variety, depth and breadth of experience, and the chance to learn from some of the best minds in technology and finance.

To find out more about Barclays' strategy please click here.

Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.

We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.

To find out more about Barclays' strategy please click here.

Who succeeds in
Tech at Barclays?

For a career with us, you need to be prepared to take big steps forward, curious to face the challenges ahead, and driven to focus on the outcomes. We need people with the Barclays mindset to make it happen here.

What you'll get in return

Competitive holiday allowance

Life assurance

Private medical care

Pension contribution

Our technology

Supporting our 48 million customers and clients worldwide takes a lot of forward thinking. It means harnessing technology to support the economy. It means making a difference to people’s lives. And it requires the maintenance and development of a global, technological infrastructure. At Barclays, technology helps us keep transactions moving, manages data, and protects our customers. Join a world where your work creates unique moments of impact. Make it happen here.

This is Barclays Pune

Barclays Pune is the largest campus outside of Barclays’ global headquarters in London. Our aim is to build game-changing technology that supports businesses and functions across the globe, offering the highest quality service to our clients and customers.

It’s a state-of-the-art technology hub, and home to 9,000 colleagues across Operations, Technology and Functions.

Pune Campus provides opportunities for our colleagues to innovate, collaborate, and deliver great outcomes for customers and clients.

Our welcoming and inclusive culture supports you to bring your whole self to work, explore your potential and pursue your passions.

Pune is a million-square-foot environment-friendly, ultra-modern workplace with excellent facilities for work, socialising and leisure.

This is Barclays Pune

An innovative hub

It’s a state-of-the-art technology hub, and home to 9,000 colleagues across Operations, Technology and Functions.

Working better together

Pune Campus provides opportunities for our colleagues to innovate, collaborate, and deliver great outcomes for customers and clients.

A place where you can belong

Our welcoming and inclusive culture supports you to bring your whole self to work, explore your potential and pursue your passions.

An amazing place to work

Pune is a million-square-foot environment-friendly, ultra-modern workplace with excellent facilities for work, socialising and leisure.

Working flexibly

We’re committed to providing an inclusive culture and environment, that recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees globally to work flexibly empowers each of us to work in a way that suits our lives, as well as enabling us to better service our customers’ and clients’ needs.

Our approach to working flexibly is designed to support you to balance your life and to accommodate diverse needs, whilst still allowing us to meet our business needs. If you’d like to request a flexible working arrangement, please discuss this with your hiring manager.

Hybrid working: Our approach to hybrid working ensures there’s the right balance of working alongside colleagues at our onsite locations, as required for each role. For business areas that offer a hybrid working experience, this will be in a structured way, where colleagues work at an onsite location on fixed, ‘anchor’, days of the week. Some roles may require full onsite working. Please discuss the working pattern requirements for the role you are applying for with the hiring manager.

We continue to embed and review our hybrid working environment and remain in a phase of testing and learning. This means that working arrangements could change, with reasonable notice, to align with the needs of our business.

Barclays is built on an international scale.

Our geographic reach, our wide variety of functions, businesses, roles and locations reflect the rich diversity of our worldwide customer base. All of which means we offer incredible variety, depth and breadth of experience. And the chance to learn from a globally diverse mix of colleagues, including some of the very best minds in banking, finance, technology and business. Throughout, we’ll encourage you to embrace mobility, exploring every part of our operations as you build your career.

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