Overall purpose of role
nThis is a pivotal Director role for Operational Risk and Risk Oversight, NAPA Services. Require a dynamic champion and engaging leader for the newly created ORRO TC, leading NAPA team to front run strategies and Business Requirements and support peers and stakeholders and emulate the Barclays Values and Mindset.
nThe core purpose of the role is to
- nLead technical functional review activity on the due diligence performed by Functions on proposals during the NAPA and Product Review process (whilst review is in flight).
- nPartner with Business and Functions head to deliver the NAPA pipeline in line with Barclays Strategy and Commercial viability.
- nIndependent review, challenge new proposals in line with Policy and Standard
- nLead the strategic agenda, host committee meetings.
- nDrive cultural change through superior employee engagement.
nTo succeed in this role, you will have subject matter expertise in most of the following disciplines:
- nGood Understanding or working experience of either of Business (Corporates, Investment Banking, Markest, Equity, Private and Wealth Mgt.)
- nAbility to perform Risk Management of New Product
- nCompliance or Regulation, Fraud Risk, Legal
- nFinance and/or Treasury / Treasury Risk
nKey Accountabilities
nAs a member of the NAPA Services team, you are expected to be a trusted advisor to the Group Head of NAPA Services and work in partnership collaboratively and productively with your fellow peers, colleagues across the NAPA and Product Review community and stakeholders to manage the NAPA and Product Review processes, and Product Register. You will have significant exposure to senior management across the bank.
nYou will be the key person of escalation for all aspects of this remit, and escalate, as required, to Group Head of NAPA Services
nYou will be actively engaged and closely managing the team to support you in delivering activities, with specific focus on:
- nRigorous technical review of the due diligence performed by Functions whilst proposal is in flight, this includes the review of actions and conditions raised, and their closure at point of proposal approval.
- nChallenging stakeholders to enhance their due diligence on NAPA and / or Product Review proposals.
- nEngaging with colleagues in BU NAPA teams, working side-by-side to enable a robust quality assurance of each NAPA proposal.
- nEngaging with Employee Engagement team to embed continuous improvement through training
- nEngaging with NAPA Services Conformance team to ensure continuity of review
nAnd with this in-depth visibility, you will work with peers across NAPA and PD&R to:
- nDrive continuous improvement through specific and general education to stakeholders and peers, enriching the quality of the proposals
- nIdentify controls and processes to be strengthened within the Policy and Standards
- nIdentify where question sets / artefacts need enhancement
- nAugment governance and senior MI with appropriate narrative
- nCollaborate on system and process changes
nThis role will enable NAPA Services to support the continued enhancement and effective operation of the NAPA and Product Review processes across the Group
n
nPurpose of the role
nTo 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.
nAccountabilities
- nCollaboration with various stakeholders across the bank and business units to improve overall control effectiveness through detailed documentation of control assessments, procedures, and findings.
- nIdentification 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.
- nDevelopment of reports to communicate key findings from risk assessment including control weaknesses and recommendations to control owners, senior management, and other stakeholders.
- nExecution of reviews to determine the effectiveness of the bank's internal controls framework aligned to established and evolving policies, regulation, and best practice.
- nImplementation of adherence to the Barclays Controls Framework and set appropriate methodology of assessing controls against the Controls Framework.
nDirector Expectations
- nProvide expert advice to senior functional management and committees to influence decisions made outside of own function, offering significant input to function wide strategic initiatives.
- nManage, coordinate and enable resourcing, budgeting and policy creation for a significant sub-function.
- nEscalates breaches of policies / procedure appropriately.
- nFoster and guide compliance, ensure regulations are observed that relevant processes in place to facilitate adherence.
- nFocus on the external environment, regulators, or advocacy groups to both monitor and influence on behalf of Barclays, when appropriate.
- nDemonstrate extensive knowledge of how the function integrates with the business division / Group to achieve the overall business objectives.
- nMaintain broad and comprehensive knowledge of industry theories and practices within own discipline alongside up-to-date relevant sector / functional knowledge, and insight into external market developments / initiatives.
- nUse interpretative thinking and advanced analytical skills to solve problems and design solutions in often complex/ sensitive situations.
- nExercise management authority to make significant decisions and certain strategic decisions or recommendations within own area.
- nNegotiate with and influence stakeholders at a senior level both internally and externally.
- nAct as principal contact point for key clients and counterparts in other functions/ businesses divisions.
- nMandated as a spokesperson for the function and business division.
nAll Senior 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.
nAll 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.
