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10.0 - 15.0 years
0 Lacs
chennai, tamil nadu
On-site
As the Legal Entity Controller, you will play a crucial role in building and maintaining the Legal Entity Controller model. Your responsibilities include identifying risks in the Balance Sheet and providing insights to the CFO and Risk committee. You will review the General Ledger to ensure integrity, accuracy, and completeness, rectifying any errors before the book close window. Additionally, you will conduct high-quality reviews of IFRS Financials and disclosures for external publication, ensuring no material misstatements. It is essential to employ, engage, and retain high-quality personnel while implementing succession planning for critical roles. Your role requires a deep understanding of the broader business, economic, and market environment in which the Legal Entity operates. You will collaborate closely with Country Finance and R2R controllers to manage the Financial Controls & Risk function. Ensuring smooth performance of periodic reconciliations and substantiation exercises across the bank, you will escalate exceptions or non-compliance to the department head and Country Finance. To enhance financial controls, you will support day-to-day controls, monitor activities, report significant risks and losses in a timely manner, and ensure the effectiveness of risk mitigation actions. Implementing process controls and compliance measures, you will strive to maintain a robust financial control environment within the Bank. By embedding the Controllership + Reporting model, you will ensure that the end client is at the center of the model, serving its intended purpose efficiently and effectively. Furthermore, you will identify and present Financial & Operational Risks to Senior Management through various Risk FORUMs, such as FORTM, ERC, CORC, and SRM. Your role also involves improving NPS scores, people engagement, and providing timely feedback to the team. Supporting CFO declaration/reduction of Group Queries, implementing the BSS Tool in ASPIRE, and enhancing External and Internal GIA audit grades are key responsibilities. To excel in this role, you must possess proficiency in MS Excel and PowerPoint, along with effective communication, stakeholder management, problem-solving, analytical skills, and a control mindset. Ideally, you should have a minimum of 10 years of work experience in financial control/operational risk functions of FIs or internal/external audit. A CA/CWA qualification is preferred, along with exposure to SAP, PSGL, and TPGL reconciliations. Strong interpersonal and communication skills, experience in liaising with Senior Management, and monitoring financial control measures are essential. Furthermore, you will lead by example, build a culture of appropriate values, provide ongoing training and development for your team, and ensure effective supervision to mitigate risks. Your ability to interpret financial information, identify key issues, and implement appropriate controls is crucial for effective risk management. In summary, as the Legal Entity Controller, you will play a pivotal role in maintaining financial controls, risk management, and governance within the organization, ensuring compliance and effective operations.,
Posted 2 days ago
10.0 - 14.0 years
0 Lacs
maharashtra
On-site
You are a strategic thinker passionate about driving solutions in Sales, Research & Data Services Ops. You have found the right team. As VP of the SRDS Ops iMaintain team, you will lead efforts to manage regulatory-critical processes across various business areas, oversee transformation projects, and streamline operations using new technology. Based in Mumbai, you will develop metrics frameworks, identify business opportunities, and collaborate with stakeholders like Product Management, Operations, Technology, Risk & Control, and Finance to implement industry best practices for change and transformation, driving innovation and efficiency in regulatory processes. The primary responsibility of this position is to manage the iMaintain team in Mumbai, overseeing transformation projects and streamlining processes with new technology to contribute to the broader DCS vision. The candidate will maintain a strong control environment, define a future state vision for the functional area, and lead program execution from an operations perspective by building strategic platforms and decommissioning legacy systems. They will identify new business opportunities and synergies with other areas like Markets Operation, Research, and Sales, while managing people through training, upskilling, and hiring based on future needs. Collaboration with stakeholders such as Product Management, Operations, Technology, Risk & Control, and Finance is essential, leveraging industry best practices for change and transformation. Maintain a strong control environment within the regulatory-critical iMaintain team. Define and implement a future state vision for the functional area with the BAU Operations team. Lead program and project execution, focusing on strategic platform development and legacy system decommissioning. Identify and pursue new business opportunities and synergies with Markets Operation, Research, and Sales. Manage people through training, upskilling, and hiring diverse skill sets for future team needs. Collaborate with stakeholders, leveraging industry best practices for change and transformation. Ensure a stable operational environment with robust controls, checks, and balances. Leverage new technology or tools to enhance processes, track metrics, and improve controls. Govern by providing updates to senior stakeholders and ensuring compliance with laws and regulations. Engage in each stage of the Project Delivery Framework (PDF) from requirements to implementation. Focus on the people agenda, including coaching, training, talent management, and recognition. Required qualifications, capabilities, and skills: Minimum 10+ years of experience with strong experience of 4-5 years on Tech Change programs, Process Improvements, Operating Model improvements. Excellent problem-solving skills in order to identify, understand, and address operational and technical issues. Proactive in displaying these skills and developing solutions. Strong knowledge of technology solutions available in the market for Operations business. Must have Microsoft Office skills: Excel, Word, Access, and PowerPoint. Influencing and negotiation skills - leverage subject matter expertise in driving conversations, challenging the status quo, and influence decisions/direction with stakeholders. Ability to operate in a fast-paced environment under high pressure with time-critical deliveries; multi-tasking, prioritizing, and able to adjust to changing priorities. Strong partnership record - ability to build effective relationships across different parts of the organization as required. Should have a collaborative work style; fostering cooperation and teamwork. Ability to develop relationships across various stakeholders including senior business executives. Control mindset to identify process control gaps, prioritize, and mitigate operational risk. Effective change management and transformation experience. Ability to challenge the current state and mindset, adapt to a changing environment. Good understanding of the downstream impact of actions undertaken, particularly the requirement for strong and timely controls throughout the life cycle of the trade.,
Posted 6 days ago
8.0 - 12.0 years
0 Lacs
karnataka
On-site
The Central PC Controls team is responsible for delivering the end-to-end FM P&L (Financial Markets) product & valuation control functions in GBS and managing various strategic initiatives for FM PC. As the Head of Central PC Controls, you will collaborate closely with the Business Line PC across FM Macro, GBS, and the PC senior management team in Bangalore & Singapore to achieve the function's objectives. Your key responsibilities include: - Overseeing the effective application of accounting and financial control policies and procedures for Global Financial Markets - Supporting the introduction of new controls within FM and related pre and post execution governance - Leading PC Financial Markets engagement with Global and Regional Regulators and Statutory and Internal Auditors - Developing and maintaining appropriate policies and procedures to ensure the integrity of the Macro trading desks balance sheet and P&L - Researching market best practices and staying updated on issues affecting the valuation of the FM business - Establishing and executing procedures for Balance Sheet Reconciliation and Substantiation - Managing, inspiring, and motivating the FM product and valuation control teams to ensure collective success - Providing thought direction and accountability for strategic initiatives spanning Technology, Regulatory, and Legal Entity Controls To excel in this role, you should possess: - Strong knowledge of accounting rules - Strong quantitative reasoning skills and understanding of financial modeling - Strong control mindset and product knowledge across core business products - Strong interpersonal, communication, and negotiating skills In addition, you will need strong interpersonal communication skills to build effective internal networks and leadership qualities to manage, retain, and mentor a large team spread across 2 locations. Join us at Standard Chartered, where we value uniqueness, advocate inclusion, and strive to drive commerce and prosperity through our diverse workforce. We offer core bank funding for retirement savings, medical and life insurance, flexible working options, proactive wellbeing support, continuous learning opportunities, and an inclusive environment where everyone can realize their full potential. If you are ready to make a positive impact and grow with us, we look forward to hearing from you.,
Posted 1 week ago
8.0 - 12.0 years
0 Lacs
karnataka
On-site
Are you seeking an exciting opportunity to become a part of a dynamic and expanding team in a fast-paced and challenging field As a statistical and machine learning Vice President and subject matter expert, you will join the Model Risk Governance and Review (MRGR) team within the Consumer and Community (CCB) line of business. Your primary responsibilities will include: Engaging in comprehensive model validation activities by assessing conceptual soundness, reasonableness of assumptions, reliability of inputs, completeness of testing, and correctness of implementation related to model development and usage. Conducting thorough reviews of proposed enhancements to existing models and scope extensions for current models, providing specific approvals as necessary. Assessing risks associated with advanced AI/ML models, including Generative AI, and ensuring that appropriate model review and governance processes are followed to effectively mitigate potential risks. Managing activities related to the model risk lifecycle, including overseeing the accuracy of the model inventory, reviewing ongoing model performance monitoring, conducting annual status assessments, and managing model change control. Maintaining robust model risk controls for CCB models and serving as the primary point of contact, proactively identifying and escalating issues to ensure timely and sound resolutions. Providing leadership and mentorship to junior resources, guiding them in Model Review and Governance activities. Participating and actively contributing to the activities and initiatives of MRGR CCB and MRGR as a whole, fostering a collaborative and innovative environment. Staying updated on the latest developments in consumer banking, including advanced AI/ML modeling techniques, products, markets, risk management practices, and industry standards. We are seeking an individual excited about joining our organization. If you meet the following requirements, we encourage you to apply for consideration for this role: Experience in Model Development or Model Validation - 8-10 Years Strong quantitative and analytical skills: The role necessitates a robust quantitative background (PhD/Master's Degree or equivalent) in Statistics, Economics (with Econometrics), Data Science, Computer Science, Operations Research, or a quantitative science, etc. Candidates with knowledge of both statistical/econometric methodologies and Machine Learning modeling methodologies are preferred. Programming Skills: Proficiency in at least one programming language such as Python, SAS, R, etc. Product domain expertise in consumer banking/retail banking; ability to comprehend the business/knowledge of regulations surrounding the business. Extensive experience and familiarity in Model Development or Model Validation in Financial institutions. Strong communication skills - verbal and written, with the ability to interface with stakeholders on model-related issues. Risk and control mindset: Ability to ask incisive questions, assess the materiality of issues, and escalate as required. Preferred qualifications, capabilities, and skills include: Sound project management and organizational skills: Flexible, adaptable to shifting priorities to achieve the most effective result, and able to work in a fast-paced, results-driven environment.,
Posted 1 month ago
2.0 - 6.0 years
3 - 12 Lacs
Bengaluru, Karnataka, India
On-site
Monitoring of key controls/ processes around Daily Pnl & Balance Sheet (Asset classes: FX / FXO / Rates / Credit / Commodities / Treasury etc.) Ensuring that all controls are followed, completed, and reviewed in a timely manner Managing Stake holder expectations - Liaising with key stake holders such as Technology, Product Control line teams, in-Country Finance teams, COO, Risk teams and other finance and Ops teams within GBS Review of Daily/Month end reconciliations between the various TP systems and the General Ledger. Assist in the design, testing and implementation of TP data integrity / exception reports. End to End delivery of Monthly AvF Reconciliation. Ensuring that all controls are followed, completed, and reviewed in a timely manner. Review of month-end balance sheet substantiation of PC owned balances. To provide assistance with accurate Classification and Measurement of Financial Instruments as per IFRS 9. Ideation/Initiation of process simplification/Automation of daily processes. Maintenance of DOI for Daily P&L and AvF processes. Preparation of regular and ad hoc month end journals as part of ME book close RESPONSIBILITIES Strategy Ensure Awareness and understanding of the Group's business strategy and model appropriate to the role Business Awareness and understanding of the wider business, economic and market environment in which the Group operates Processes Ensure processes for which the person is responsible is executed as required. KEY RESPONSIBILITIES People & Talent Lead through example and build the appropriate culture and values Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks. Employ, engage and retain high quality people, with succession planning for critical roles. Responsibility to review team structure/capacity plans. Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives. Regulatory & Business Conduct Display exemplary conduct and live by the Group's Values and Code of Conduct. Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct. Lead to achieve the outcomes set out in the Bank's Conduct Principles Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters. Key Stakeholders Regular face off with Traders, Product Control Management, Regional finance team and various internal stakeholders within GFS. Act as a point of reference for team members and internal clients. Manage relationship with internal stakeholders, take regular feedback, anticipate, and understand issues and escalate appropriately for timely resolution Manage strong relationship with support teams (IT, Operations and Risk) and bring synergies by interacting and integrating with cross functional teams SKILLS AND EXPERIENCE Communication Finance and Accounting Financial Market Products QUALIFICATIONS CA or MBA (Finance) from a reputed institution. 2+ years of experience in similar field. Good understanding of Accounting and Financial Markets products. Reasoning skills, hands on experience with PeopleSoft financials, SAP, MS Office & MS SQL will be an added advantage. Strong Control mindset. Strong interpersonal and communication (verbal and written) skill which help build an effective internal network across the numerous stakeholders. Strong interpersonal and communication (verbal and written) skill which help build an effective internal network across the numerous stakeholders
Posted 1 month ago
10.0 - 15.0 years
0 Lacs
chennai, tamil nadu
On-site
As a Legal Entity Controller at Standard Chartered Bank, your main responsibility will be to build and maintain a Legal Entity Controller model. You will be required to identify underlying risks in the balance sheet and provide insights to the CFO and Risk committee as necessary. Ensuring the integrity, accuracy, and completeness of the General Ledger will be crucial, along with reviewing variances and rectifying any accounting errors before the book close window. Your role will also involve conducting high-quality reviews of IFRS Financials and disclosures for external publication to ensure there are no material misstatements. It is essential to engage and retain high-quality people, with a focus on succession planning for critical roles. You will need to have a good understanding of the wider business, economic, and market environment in which the Legal Entity operates. Collaborating closely with Country Finance and R2R controllers to manage the Financial Controls & Risk function will be a key aspect of your role. In addition, you will be responsible for implementing and monitoring financial control policies, ensuring compliance measures are in place and adhered to. You will also need to embed the Controllership + Reporting model to keep the end client at the center, ensuring efficient and effective service delivery. As a leader, you will set the tone and expectations for your team, providing ongoing training and development opportunities. Monitoring job descriptions and objectives for direct reports, giving feedback, and rewards based on performance will be part of your responsibilities. Your role will also involve interpreting financial information, identifying key issues, and implementing appropriate controls and measures. You will be required to monitor and ensure appropriate change governance across all transformation initiatives and represent the function at governance forums. You will need to display exemplary conduct, adhere to the Group's Values and Code of Conduct, and ensure compliance with all applicable laws and regulations. Collaborating with key stakeholders such as Country Finance and GFS will be essential. To be successful in this role, you should demonstrate proficiency in MS Excel and PowerPoint, effective communication, stakeholder management, problem-solving, analytical skills, and a control mindset. The ideal candidate will have a minimum of 10 years of work experience in financial control or operational risk functions of FIs, internal audit of FIs, or external audit from Big 4 firms. Experience in core financial market operations or Retail/consumer banking operations is preferred. CA/CWA qualifications are preferred, along with exposure to SAP, PSGL, and TPGL reconciliations. Standard Chartered is an international bank that values diversity and inclusivity. If you are looking for a purpose-driven career in a bank that makes a positive impact, we encourage you to apply and be part of our team.,
Posted 1 month ago
10.0 - 15.0 years
0 Lacs
chennai, tamil nadu
On-site
As a Legal Entity Controller, your key responsibilities will involve building and managing the Legal Entity Controller model, identifying risks in the Balance Sheet, and presenting views to the CFO/Risk committee. You will be responsible for reviewing and ensuring the integrity, accuracy, and completeness of the General Ledger, detecting inconsistencies and rectifying any accounting errors before the book close window. Additionally, you will be tasked with performing high-quality reviews of IFRS Financials and disclosures for external publication to ensure there are no material misstatements. It will be essential to engage and retain high-quality talent with succession planning for critical roles. Your role will also require a strong understanding of the wider business, economic, and market environment in which the Legal Entity operates. Collaborating closely with Country Finance and R2R controllers will be necessary to manage Financial Controls & Risk functions effectively. You will need to ensure that periodic reconciliations and substantiation exercises across the bank are performed smoothly and escalate any exceptions or non-compliance to the relevant stakeholders. Implementing process controls, monitoring activities, identifying risks, and reporting losses will be part of your daily tasks. You will play a crucial role in embedding the Controllership + Reporting model, presenting Financial & Operational Risks to senior management, and supporting various initiatives like SOX implementation, BSS Tool implementation, and internal/external audit improvements. Furthermore, your leadership in people and talent management will be critical to building the right culture and values within the team. Providing ongoing training and development opportunities, setting clear job descriptions and objectives, and monitoring performance against those responsibilities will be essential to ensure effective risk management. You will be expected to interpret financial information, identify key issues, and implement appropriate controls and measures to manage risks effectively. Ensuring compliance with regulatory and business conduct standards, embedding ethics across the organization, and collaborating with stakeholders will be vital aspects of your role. A successful candidate for this position should possess at least 10 years of work experience in financial control/operational risk functions or internal/external audit. Strong communication skills, stakeholder management abilities, problem-solving skills, and a control mindset are necessary. Qualifications such as CA/CWA and exposure to SAP, PSGL, and TPGL reconciliations will be preferred. In summary, as a Legal Entity Controller, you will play a crucial role in managing financial controls and risks, ensuring compliance with regulatory standards, and driving a culture of integrity and ethics within the organization. Your leadership in talent management, risk management, and governance will be key to achieving the desired outcomes and maintaining a robust financial control environment.,
Posted 1 month ago
2.0 - 6.0 years
0 Lacs
maharashtra
On-site
You are a strategic thinker passionate about driving solutions in financial analysis. You have found the right team. As an analyst in the UK Financial Reporting (FinRep) team based in Mumbai, you will be part of the group of individuals with knowledge and expertise in understanding, managing, and delivering financial information to local regulators (BOE and PRA) of UK entities. The group is also dedicated to adding value and improving efficiency through transformation and focusing on the improvement of quality and controls. Assist team in preparation of the firm's reporting requirement to the Bank of England and PRA for the UK Bank regulated entities. Ensure timely and structured reconciliations are performed while displaying a strong understanding of the control framework around reconciliations and break resolution/investigation. Assist in the identification and completion of manual workarounds, where necessary, to ensure completeness and accuracy of outputs in the operating and processing model. Review monthly and quarterly variances, investigate trends and work effectively with the London team to obtain and document business commentary for management. Partner with the local Regulatory Project team on new releases and assist the London team with the review of trade flows for new business initiatives & support for Finance Technology user acceptance testing (UAT) and project execution. Prepare and review of regulatory reports/submissions for JP Morgan entities as per US GAAP / UK GAAP requirements on a monthly & quarterly basis. Support various lines of business & Legal entity controllers with performance reporting and other query resolution especially on regulatory reporting. Required qualifications, capabilities, and skills include strong accounting knowledge with experience in Book closure and finalizing accounts. Investment banking product knowledge including derivatives, equities, and debt securities. Good team player and quick learner with a strong control mindset & analytical skills. Strong technical skills including MS Excel, MS Word, MS PowerPoint and Outlook. Good communication and organizational skills including partnering skills and pro-activeness. Ability to multi-task under considerable time pressure, whilst maintaining a high degree of accuracy and quality. Preferred qualifications, capabilities, and skills comprise strong written and verbal communication skills, including an ability to prepare executive-level presentations. Chartered Accountant or MBA with 2+ years experience preferably with financial services industry. Familiarity with modern technologies like Alteryx & Python. Flexibility in work style and have the ability to collaborate with high-performing teams and individuals throughout the firm to accomplish common goals.,
Posted 1 month ago
5.0 - 9.0 years
0 Lacs
haryana
On-site
The role of VP - Regulatory Reporting at OakNorth Bank is an individual contributor role based in Gurugram ONGPL. As a new fast-growing bank in the UK, OakNorth Bank is a CRDV firm subject to a full suite of regulatory returns including COREP, FINREP, PRA/FSA, FCA returns, and BOE returns. The bank is in the process of implementing a new end-to-end regulatory reporting system, with the implementation expected to commence from June 2023. The ideal candidate for this role will be responsible for driving this project and fulfilling key responsibilities within the regulatory reporting domain. One of the key opportunities in this role is to learn all regulatory returns across capital, liquidity, and leverage. The Regulatory Reporting team is also accountable for daily liquidity reporting, ALCO reporting, and IRRBB reporting to support Treasury balance sheet management activities. With a diverse range of products and continuous new product launches, the candidate will be expected to research the regulatory impact and provide insights into new product development. Working in a small team, this role offers the opportunity to closely collaborate with individuals across all levels, teams, and locations, thereby contributing to team-building as the bank grows. The candidate will gain experience in various regulatory areas such as liquidity, credit, interest rate risk, treasury, and other balance sheet reporting. Furthermore, involvement in cross-functional projects and exposure to new product initiatives during the bank's growth phase are additional highlights of this role. Key responsibilities include producing liquidity, credit, and banking exposure reports, handling balance sheet driven returns, managing capital and RWA returns, ensuring compliance with regulations and SOPs, preparing management information, supporting the production of treasury ALCO packs, and maintaining reporting integrity. The candidate will also be responsible for governance tasks such as maintaining finance team governance tracker, SOP updates, audit/regulatory action tracking, and responding to regulatory queries. The ideal candidate should possess very strong Excel skills, data analytical skills, and problem-solving abilities. A minimum of 5+ years of post-qualification experience in Regulatory Reporting, particularly Basel Reporting - Liquidity, Capital, and RWA reporting, is required. Experience in the Financial Services industry, particularly in the UK Regulatory (PRA/BOE), Treasury, Risk management, or related fields is essential. Strong communication skills, adaptability to change, a control mind-set, and a keen learner attitude are also expected from the candidate. Academically, a degree qualification in Accounting/Finance and graduation/post-graduation from a top-rated college/CA/MBA Finance/CFA/FRM/PRM/ACT is preferred. About OakNorth Bank: OakNorth Bank empowers entrepreneurs to realize their ambitions, understand their markets, and apply data intelligence to scale successfully at pace. The bank's belief in barrier-free banking is inspired by its entrepreneurial spirit, unmet financial needs, and data-driven tools. OakNorth Bank strives to create an inclusive and diverse workplace where individuals can thrive professionally and personally. The bank's story is rooted in frustrations with traditional banking, leading to the establishment of a bank founded by entrepreneurs, for entrepreneurs, offering a better borrowing experience for businesses.,
Posted 1 month ago
10.0 - 14.0 years
0 Lacs
maharashtra
On-site
As a Controls Execution and Management BA PM AVP at Citi, your primary responsibility will be to support the monitoring, management, and performance of key controls for the data operations and metric production process. This involves collecting, analyzing, reviewing, reporting, documenting, and communicating business controls needs and requirements. Your strong analytical skills will be crucial in ensuring the effectiveness of these controls. You will be expected to support the building and implementation of key controls for the metrics production process by following a consistent and appropriate approach to risk identification. Your role will involve assessing the design adequacy of controls, testing their operating effectiveness, and advising or supporting B&I metrics control owners on effective design and implementation. Furthermore, you will execute assessments of development, monitoring, and testing design for controls operated by B&I metrics owners in alignment with applicable Policies, Procedures, and Standards. It will be essential for you to identify and address barriers to timely execution, mitigate risks, and drive effective solutions. Utilizing analytical tools such as SQL, Excel, and data visualization platforms like Tableau, you will produce data analysis outputs to support decision-making processes. Your role will also require strong communication and interpersonal skills to collaborate across diverse teams effectively. To qualify for this role, you should have at least 10 years of experience in the Banking or Finance industry, with a background in data management, governance, or quality programs. Experience with data concern management frameworks and regulatory requirements like BCBS 239 would be advantageous. Familiarity with Citi's technology architecture and multiple asset classes is also a plus. Your strong analytical and problem-solving skills, attention to detail, and ability to work efficiently in a fast-paced environment will be critical. Additionally, you should possess excellent organizational skills, a strong risk and control mindset, and the ability to work effectively with large and diverse teams. A Bachelor's or University degree is preferred for this role. If you are looking to join a dynamic team at Citi and contribute to the controls execution and management processes, we encourage you to apply for this exciting opportunity.,
Posted 1 month ago
8.0 - 12.0 years
0 Lacs
chennai, tamil nadu
On-site
Embark on a transformative journey as Vice President, Controls Business Partner where you'll play a pivotal role as a part of the First line team by supporting the operation in Risk and Controls. At Barclays, we are committed to pushing boundaries. To thrive in this role, you should have excellent product knowledge and a good Risk and Control mindset. Some other highly valued skills may include stakeholder management, a good understanding of the bank's controls framework, and problem-solving ability. You may be assessed on key critical skills relevant for success in the role, such as risk and controls, change and transformation, business acumen, strategic thinking, and digital and technology, as well as job-specific technical skills. This role is based in our Chennai office. Purpose of the role: To assess the integrity and effectiveness of the bank's internal control framework to support the mitigation of risk and protection of the bank's 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, prioritized 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 an appropriate methodology of assessing controls against the Controls Framework. Vice President Expectations: - Advise key stakeholders, including functional leadership teams and senior management on functional and cross-functional areas of impact and alignment. - Manage and mitigate risks through assessment, in support of the control and governance agenda. - Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does. - Demonstrate a comprehensive understanding of the organization functions to contribute to achieving the goals of the business. - Collaborate with other areas of work, for business-aligned support areas to keep up to speed with business activity and the business strategies. - Create solutions based on sophisticated analytical thought, comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions. - Adopt and include the outcomes of extensive research in problem-solving processes. - Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders to accomplish key business objectives, using influencing and negotiating skills 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.,
Posted 1 month ago
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