Risk & Controls Oversight Lead - Compliance Risk

**Date live**:
20/06/2025
**Business Area**:
Business Risk & Control Mgmt
**Area of Expertise**:
Controls
**Contract**:
Permanent
**Reference Code**:
JR-0000059212
In a Controls role, you'll ensure rigorous and consistent management of Barclays' control environment in collaboration with business partners. Your work will safeguard the organization's integrity and compliance.
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As a Risk and Controls Oversight Lead in First Line, you'll be responsible for providing expert oversight on Compliance Risk. You’ll play a critical role in ensuring our risk management practices are strong, effective, and always in compliance of risk and control management frameworks. You’ll also act as a key bridge between the Customer & Digital Team, Chief Operating Office (CCO), second and third-line risk partners, and other stakeholders.
In this role, you’ll 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. You'll also ensure ongoing monitoring of controls to keep the business audit ready, embed proactive risk management culture, assessing new business initiatives and leveraging tools KRIs and risk dashboards.
You’ll stay on top of market trends and emerging risks, driving continuous education based on internal and external themes and lessons learnt. You'll be responsible for ensuring compliance with relevant laws and regulations, preparing and enhancing governance papers and reports. Additionally, you’ll identify opportunities for data led controls monitoring and automation of controls. You’ll ensure compliance with RCSA, Issue management and Risk events management process in line with Operational Risk framework.
To be successful as a Risk and Controls Oversight Lead - Compliance Risk, you should have experience with
Expertise in managing Compliance Risk and Controls, including staying up-to-date with new regulations and addressing risks related to vulnerabilities, accessibility, bereavement, and more.
Proven ability to balance risk management with commercial considerations when defining Risk Appetite, and the skill to influence and negotiate with stakeholders on risk acceptance decisions.
Demonstrated experience in driving automation and digitization initiatives within Risk Management processes.
In-depth knowledge of compliance with the ERMF, ORF, and Control Framework requirements, particularly within C&D.
Some other highly valued skills may include
Have experience in Risk Management within financial services industry.
Self driven and ability to work independently in a team of risk specialists.
Understanding of E2E Journeys and controls underpinning the journeys for Compliance Risk
Staying up-to-date with market trends, competitor activities, and the broader risk landscape, with the ability to leverage this knowledge to enhance internal controls.
You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.
This role is based in London (Canary Wharf).
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.
Accountabilities
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.
Vice President Expectations
To 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..
If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influen