Risk and Controls Oversight Senior Lead - Third party and LRR Risk Job at Barclays (London)

Job Responsibility

Develop and assess risk appetite, lead conversations on risk acceptance, ensure controls are designed and assessed properly, resolving any gaps and improving the control environment
Ensure ongoing monitoring of controls to keep the business audit ready, embed active risk management culture, assessing new business activities and leveraging tools KRIs and risk dashboards
Stay on top of market trends and emerging risks, driving continuous education based on internal and external themes and lessons learnt
Ensure compliance with relevant laws and regulations, preparing and enhancing governance papers and reports
Identify opportunities for data led controls monitoring and automation of controls
Ensure compliance with RCSA, Issue management and Risk events management process in line with Operational Risk framework

Requirements

Good understanding of Retail Banking Customer Journeys to identify and manage associated risks and controls
Proven experience in data analytics, data science, and driving automation and digitization within Risk Management processes
End-to-end third-party lifecycle risk management: onboarding, due diligence, ongoing monitoring, exit
Supplier dependency & concentration risk management (critical vendors, single points of failure)
Outsourcing / material service provider risk management and compliance with regulatory expectations
Fourth-party risk visibility (sub-contracting chains, hidden exposures)
Third-party performance & control assurance (SLAs, control attestations, audits)
Alignment of controls to LRR obligations and regulatory standards, ensuring correct applicability across journeys in Customer & Digital
Understanding of new LRRs impacting the business, with ability to work closely with Regulatory Engagement teams to ensure compliance
Ability to balance risk management with business goals when defining Risk Appetite, and effectively influencing or negotiating with stakeholders on risk acceptance
Be able to conduct active deep dives and Risk assessments for active Risk management
Well-versed in market trends, competitor activities, and the broader risk environment, with the ability to use this knowledge to enhance internal controls
Having gravitas and experience in influencing senior stakeholders including Managing Director level
Ability to design and implement the Risk strategy in line with the Overall Vision of BUK Customer and Digital function
Deep understanding of market trends, competitor activities, and the broader risk environment, using this knowledge to drive continuous improvements in internal controls
Subject Matter Expertise and experience of delivering transformation and change in Risk management

Nice to have

Self-motivated with the ability to work independently while contributing effectively within a team of risk specialists
Ability to balance risk considerations with commercial objectives when defining Risk Appetite and influencing stakeholders on risk acceptance
Capable of applying expertise in Third party and LRR risk within the context of Customer & Digital, ensuring tailored solutions for this area

Barclays - All Job Offers

Select Country

Risk and Controls Oversight Senior Lead - Third party and LRR Risk

Job Responsibility

Requirements

Nice to have

Looking for more opportunities?

Risk and Controls Oversight Senior Lead - Third party and LRR Risk

Factory Quality Technician

Architecture Senior Manager – Vice President

Advanced Practice Provider

Picker Nights

Kitchen Assistant

Food & Dishwashing Co-worker

Space Based Interceptor Intermediate Analyst - Execution Support

Food Operations Manager

Our AI answers in your language