Liquid Financing Business Control Officer VP

Barclays•New York, NY

1d•Onsite

About The Position

The purpose of the role is to assess the integrity and effectiveness of the bank's internal control framework to support the mitigation of risk and protection of the bank's operational, financial, and reputational risk. This role plays a key part in the first line of defense, ensuring effective risk management oversight across the NY Liquid Financing business. You will partner with various support functions to identify, assess, and remediate issues while maintaining compliance with regulatory and internal frameworks. Additionally, you will support regulatory change action, guide audit engagements, and provide governance advisory services to senior stakeholders. As a trusted advisor to the business, you’ll drive continuous improvement in control design and operational resilience. Leveraging your equities and risk knowledge, you will guide control execution within a dynamic market environment.

Requirements

Previous experience working in Liquid Financing with a preference for the Fixed Income Financing business
Knowledge of risk and control frameworks
Experience dealing with regulatory requirements and audit processes
Proficiency in data analysis, issue tracking, and reporting tools
The ability to support and implement governance and control improvements

Nice To Haves

Excellent stakeholder management and influencing capabilities
Effective communicator with the ability to engage across all organizational levels
Collaborative, solutions-oriented mindset combined with critical thinking skills
Pragmatic and commercial approach to problem solving

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.
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.
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.
Support regulatory change action, guide audit engagements, and provide governance advisory services to senior stakeholders.
Drive continuous improvement in control design and operational resilience.
Guide control execution within a dynamic market environment.