Job Description

Purpose of the role

To partner with the bank, providing independent assessment of control processes and advising on improvements to ensure the efficiency and effectiveness of the bank's internal controls framework.

Accountabilities

- Collaborate across the bank to maintain a satisfactory, robust, and efficient control environment through ad-hoc assessments and testing on the design and operational effectiveness of internal controls, aligned to control policies and standards.

- Develop detailed test plans and procedures to identify weaknesses in internal controls and other initiatives aligned to the bank's control framework to mitigate potential risks and issues, prioritised by severity.

- Communicate key findings and observations to relevant stakeholders and business units to improve overall control efficiency and provide corrective actions to senior managers.

- Collaborate with other control professionals to resolve complex issues and ensure consistent testing methodologies across the bank.

- Develop a knowledge center containing detailed documentation of control assessments, findings, and testing on design and operational effectiveness to train and upskill colleagues within the bank.

Analyst Expectations

- Impact the work of related teams within the area and partner with other functions and business areas.

- Take responsibility for end results of a team's operational processing and activities.

- Escalate breaches of policies/procedure appropriately.

- Embed new policies/procedures adopted due to risk mitigation.

- Advise and influence decision-making within own area of expertise.

- Own responsibility for managing risk and strengthening controls related to your work.

- Deliver work and areas of responsibility in line with relevant rules, regulations, and codes of conduct.

- Maintain and continuously build an understanding of how your sub-function integrates with the function.

- Make evaluative judgments based on the analysis of factual information.

- Resolve problems by identifying and selecting solutions through the application of acquired technical experience, guided by precedents.

- Guide and persuade team members, communicating complex/sensitive information.

- Act as the contact point for stakeholders outside of the immediate function, building a network of contacts outside the team and the organization.

- Demonstrate Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, along with the Barclays Mindset to Empower, Challenge, and Drive.

Key Accountabilities

- Liaise with stakeholders across the three Lines of Defence to ensure efforts are aligned and complementary.

- Review activities undertaken by management to remediate control gaps and provide opinions on risk mitigation and control sustainability.

- Identify and leverage appropriate data sources and data analytical techniques for targeted testing.

- Support the implementation of the Functions Controls Assurance strategy to drive global consistency and improvements in risk awareness and risk management capability by developing close relationships with key stakeholders.

- Maintain an independent perspective, challenging as required and setting out quantified control options and risk decision recommendations.

Stakeholder Management and Leadership

- Maintain proactive relationships with a selection of stakeholders including but not limited to Business stakeholders (Process and control owners), SOX teams, Barclays Internal Audit, External Auditor, and Group Finance.

Decision-making and Problem Solving

- Exhibit independent thinking and decision-making authority, with the ability to influence upwards.

- Work simultaneously on multiple activities, tracking actions and driving delivery.

- Identify trends and themes from problems/issues and make decisions and logical conclusions from analyzing facts.

Risk and Control Objective

- Ensure that all activities and duties are carried out in full compliance with regulatory requirements, the Enterprise Wide Risk Management Framework, and internal Barclays Policies and Policy Standards.

Person Specification

- Awareness of Risk and Control

- Understanding of control testing

- Proactively identifies risks, issues, and dependencies, performing analysis on value at risk and mitigation options across a project

- Analytical approach and proven ability to manage issues through to resolution

- Strong interpersonal skills and effective communication across a global team

- Ability to multitask and complete assignments with varying lead times

- Self-starter and works independently

Essential Skills/Basic Qualifications:

- Knowledge of Controls and Analytical approach to problem-solving

Desirable Skills/Preferred Qualifications:

- Relevant academic qualifications (Bachelor's degree in Commerce or equivalent qualification)

- Knowledge of process re-engineering e.g., LEAN / DMAIC / Value Mapping (beneficial, not essential)

- Knowledge of Functional and Operational risks

- Knowledge of data analytics tools and techniques

- Knowledge of Project Management and Change Management, proven through a relevant professional qualification e.g., Prince2, Project Management Institution (beneficial, not essential)