Business Control Officer - Interest Rates AVP

Barclays•New York, NY

8d•$110,000 - $145,000•Onsite

About The Position

Join Barclays as a Business Control Officer - Interest Rates AVP. At Barclays, our vision is clear – to redefine the future of banking and help craft innovative solutions. In this role, you will be responsible for monitoring non-financial risks across the Interest Rates Sales & Trading business, ensuring that control frameworks are effective, and risks remain within tolerance. You will identify control gaps, implement remediation plans, and partner with stakeholders to strengthen risk management practices. You will also produce high-quality reports and dashboards to communicate risk trends and control performance to senior management, all while supporting regulatory and audit reviews by providing accurate, timely information. Finally, you will drive continuous improvement and automation to enhance operational resilience and control effectiveness.

Requirements

Knowledge of non-financial risk management, control design, and testing
A solid understanding of Interest Rate products such as government bonds, swaps, and trade lifecycle processes
Advanced proficiency in Microsoft Excel, PowerPoint, and risk reporting tools
Experience with regulatory frameworks such as MiFID II, EMIR, and Dodd-Frank
The ability to synthesize highly detailed data into clear, actionable insights for senior stakeholders

Nice To Haves

Excellent verbal and written communication skills
Stakeholder management and collaboration across multiple departments
Strategic and commercial thinking with the ability to anticipate emerging risks
Constructive investigative mindset with resilience in fast-paced environments

Responsibilities

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.
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.
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
Lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments.
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.
Demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right.
Demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.