Business Control Officer - FX and Emerging Markets - AVP

Barclays•New York, NY

1d•Onsite

About The Position

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. Embark on a transformative journey as a Business Control Officer supporting the Emerging Markets and FX businesses. At Barclays, our vision is to redefine the future of banking through innovative solutions and disciplined risk management. This role is central to maintaining the integrity and effectiveness of the FX and EM control environment by identifying, assessing, and mitigating non‑financial risks across the end‑to‑end trading and sales lifecycle. You will work closely with Front Office, Compliance, Legal, Operations, Technology, and other control partners to enhance control design, strengthen operating effectiveness, and ensure adherence to Barclays’ policies, governance standards, and risk boundaries.

Requirements

Knowledge of non‑financial risk management, control design, and control testing, with the ability to apply a risk‑based approach
Experience with issues management, escalation processes, governance routines, and remediation tracking across incidents, audit findings, and regulatory commitments
Familiarity with FX and EM products and market structure, including FX spot, forwards, swaps, NDFs, FX options, EM rates and swaps, EM sovereign and local markets, and related hedging instruments
Exposure to the end‑to‑end FX and EM trade lifecycle, including pricing, execution, booking, validation, confirmation, settlement, and associated operational risks
Experience presenting risk insights and control themes to committees and senior management, with the confidence to challenge and influence outcomes

Nice To Haves

High attention to detail, with the ability to translate risk and control observations into clear, structured issue, risk, and recommendation narratives
Demonstrated ability to influence and collaborate effectively with a wide range of stakeholders, including Sales and Trading, Compliance, Legal, Operations, Technology, and Risk
Ability to distill complex information and data into clear, actionable insights, producing concise, executive‑ready reporting

Responsibilities

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.
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.
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.