Job Description

Purpose of the role

To assess the integrity and effectiveness of the banks internal control framework to support the mitigation of risk and protection of the banks operational, financial, and reputational risk.  

Accountabilities

• Knowledge of business areas, products, processes and platforms to be able to assess risk
• 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, prioritised 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 appropriate methodology of assessing controls against the Controls Framework.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• 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 be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• 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 comprehensive understanding of the organisation 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 in order 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.

Join us as Macro and Credit BCO - India where you will:

• Support the Markets Trading & Sales Business (Rates, FX & Credit) within the India Bank Branch entity while forming part of the APAC Markets BCO function.

• Act as the central coordination point for all business-relevant controls, ensuring consistency and quality delivery of the Controls Strategy and Frameworks.

• Define and implement appropriate risk assessment and control frameworks enabling supervisors to meet non-financial risk oversight accountabilities.

• Provide oversight across controls, issues, risk events, audit actions, policies and standards, ensuring effective remediation where required.

• Lead controls remediation projects arising from regulatory mandates, internal audit findings (2nd & 3rd line), and self-identified risk events.

• Support audit engagements including preparation, coordination, stakeholder management, and tracking remediation actions to closure.

• Implement governance frameworks for monitoring risk and controls, including preparation of controls MIS, reporting packs, and representation at relevant forums.

• Support regulatory interactions, submissions, control mandates implementation, and regulatory reviews.

• Effectively challenge risk and control decisions where required and provide advisory input on control enhancements.

• Partner with regional APAC stakeholders and leverage group-wide control functions to drive consistency and sustainable outcomes.

To be successful in this role you should:

• Possess extensive understanding of Macro and Credit businesses within a top-tier financial institution.

• Demonstrate experience working within a full-service Risk/Controls Defence function supporting Markets Trading & Sales.

• Have proven experience embedding risk and control frameworks across Markets lines of business.

• Exhibit strong stakeholder management skills with the ability to influence across functions and geographies.

• Apply sound judgement, structured analytical thinking, and attention to detail in complex control environments.

• Balance regulatory requirements with commercial business needs while maintaining robust control standards.

• Communicate confidently and effectively with senior stakeholders, both verbally and in writing.

Essential skills / Basic qualifications:

• Strong understanding of Markets Trading & Sales business through Front Office experience or direct support functions (Business Management/COO, Business Controls, Product Control, Operational Risk, Compliance, Audit, etc.).

• Excellent knowledge of risk and control assessment techniques with a strong risk management mindset.

• Knowledge of the India Financial Services regulatory environment and associated mandates.

• Strong understanding of Enterprise Risk Management Framework (ERMF), Operational Risk Framework (ORF), and associated Controls Framework.

• Proven ability to operate effectively within a matrix organisation.

Desirable skills / Preferred qualifications:

• Experience using data analytics tools and techniques to enhance control monitoring and reporting.

• Strong cross-functional collaboration capability within regional or global governance structures.

• Experience supporting APAC Markets governance frameworks.

You may be assessed on the key critical skills relevant for success in role, such as:

• Ability to design and embed sustainable risk and control frameworks.

• Effectiveness in managing audit and regulatory remediation.

• Quality of governance reporting, controls MIS, and stakeholder engagement.

• Strength of independent challenge and risk-based decision-making.

• Strategic contribution toward strengthening the APAC Markets control environment.

Job location is Mumbai.