AVP- Controls Assurance

1203 Barclays Global Serv. Cent; Mumbai; On-site; INR 4,000,000 - 6,000,000; Full time

Job summary

Barclays in Mumbai seeks an AVP – Controls Testing to partner with stakeholders and strengthen the internal controls framework. The role leads risk-based testing across multiple control domains and directs the design and execution of test plans to identify weaknesses and drive corrective actions.

The ideal candidate will coach a team, develop robust testing methodologies, and communicate complex findings to senior management, aligning with Barclays values and risk governance.

Qualifications

• Able to work independently and within global teams.
• Proven experience of Controls Testing in risk disciplines and team management.
• Able to take initiative, apply sound judgement and solve problems quickly.
• Strong communication, interpersonal skills and ability to build trust.
• Knowledge of governance and robust control environments.

Responsibilities

• Execute controls testing across Credit, Market, Capital & Treasury, Model Risk, Climate and Operational Risk.
• Develop and manage detailed test plans and procedures.
• Identify weaknesses and prioritise mitigation actions by severity.
• Communicate findings and recommendations to senior stakeholders.
• Collaborate with colleagues to ensure consistent testing methodologies.

Skills

Controls testing

Team management

Risk awareness

Communication skills

Problem solving

Education

Master’s degree or equivalent

Tools

Excel

Excel macros

SQL

Job description

Job Description Purpose of the role

To partner with the bank, to provide independent insurance on control processes and advise on improvements to ensure the efficiency and effectiveness of the bank’s internal controls framework.

Accountabilities

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

Development of detailed test plans and procedures to identify weaknesses in internal controls and other initiatives aligned to the bank’s control framework to mitigate any potential risks and issues, prioritised by its severity to disrupt bank operations, potential losses, and reputational impact.

Communication of key findings and observations to the relevant stakeholders and business units to improve overall control efficiency and provide corrective actions to senior managers.

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

Development of a knowledge centre containing detailed documentation of control assessments, testing on design and operational effectiveness of procedures, findings, and the distribution of material on internal controls to train and upskill colleagues within the bank.

Assistant Vice President Expectations

To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions. Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes.

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 lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes. Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues. Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda. Take ownership for managing risk and strengthening controls in relation to the work done. Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function. Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy. Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc)to solve problems creatively and effectively. Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience. Influence or convince stakeholders 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 an "AVP – Controls Testing Team" at Barclays, where you perform controls assurance/testing for controls across Credit, Market, Capital & Treasury, Model Risk, Climate and Operational Risk across Legal Entities like Barclays Bank UK, Barclays Bank Ireland, BBPLC and BPLC.

The role of the team member is to partner with peers in the wider team and proactively driving delivery of control testing in line with the agreed testing plan and participating, when required, in ad-hoc assurance reviews on behalf of senior management.

You may be assessed on the key critical skills relevant for success in role, such as experience with control testing in any Risk Discipline and Team Management , as well as job‑specific skillsets.

Basic/ Essential Qualifications

• Able to work independently and as part of a team, including within global and virtual teams.
• Proven experience of Controls Testing in any Risk Discipline and Team Management
• Able to take initiative, apply sound judgement and problem solve within a fast‑paced, changing environment.
• Able to identify critical, high‑priority activities and adjust priorities for self and others.
• Confident and articulate with strong communication and interpersonal skills, and the ability to build trust.
• Good control and service delivery mind‑set, with a strong understanding of the importance of creating and maintaining a robust governance and control environment.
• Line management experience for managing others.

Desirable skillsets/ good to have

• Master’s degree or equivalent
• Proven experience in Risk/Audit/Internal Controls
• Expertise across Microsoft applications i.e. Excel, Excel macros
• Knowledge of programming languages e.gs. SQL

This role will be based out of Mumbai.

Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people. Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.