Governance & Control Quality Assurance Analyst

To provide support to the Chief Risk Officer(S) in the implementation and ongoing effectiveness of the bank's risk management framework across various business units and functions.

• Implementation support of risk management policies, standards, procedures, and controls across the bank.
• Asessment and promotion of risk management awareness and risk controls and culture.
• Review, challenge and monitoring of the effectiveness of existing risk management practices and identifying areas for improvement.
• Identification of new and emerging risks, and assessing the likelihood and impact of identified risks, and recommending appropriate mitigation strategies.
• Management and operation of associated committees, forum and meetings.
• Maintenance of risk inventories and governance documentation.

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• 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 develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

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.

Joining in as “Governance & Control Quality Assurance Analyst” a member of the Governance & Controls team responsible for completing defined Quality Assurance (post-processing completeness checks) across a range of CDD and EDD-based financial crime prevention activities within the CIB Financial Crime Execution (FCE) Team. Working within established procedures and with support from more experienced colleagues, the role will:

• Complete allocated QA checks accurately and within agreed timescales, following documented methodologies and procedures

• Identify and clearly record errors, control observations and potential issues, escalating them to the appropriate colleague where required

• Provide clear feedback to support risk awareness and “Right First Time” performance across FCE

• Contribute to the consistent operation and continuous improvement of the quality assurance framework

• Provide evidence and support for issues, reviews and audits as requested

Key Accountabilities

Quality Assurance coverage (c.60%) – including but not limited to:

·   High-risk forums

·   Financial Crime (FC) Exits

·   Politically Exposed Persons (PEP) Checks (including Global PEP Register accuracy)

·   PEP Alerts

·   AML Watchlist Alerts

·   RAU Risk Assessments

·   Financial Crime Remediation activity

·   RAU Sampling (Business Activity Reviews (BARs) – Nature of Business / Source of Funds (NoB/SoF))

·  Financial Institutions QA of QC checklist

·  Forum Admin / Forum Secretariat QA

·  Suspicious Activity Reports (SARs) and Post Office SARs

·  All Alerts and Investigations.

Stakeholder Management and Leadership

• Communicate clearly and professionally with immediate colleagues and relevant stakeholders across FCE and partner teams, seeking guidance for complex, sensitive or disputed matters.

 Decision-making and Problem Solving

• Apply an analytical and methodical approach to QA checks and straightforward problem solving

• Recognise potential issues or risks, gather the relevant facts and escalate in line with agreed procedures

• Suggest practical opportunities to improve the efficiency or clarity of QA processes for consideration by more senior colleagues

Risk and Control Objective

Manage risk and strengthen controls in relation to allocated work by following established procedures, maintaining accurate records and promptly escalating concerns.

 Person Specification

• Strong attention to detail and accuracy, particularly when recording assurance outcomes

• Well organised, with the ability to plan and prioritise allocated tasks to meet agreed deadlines

• A positive approach, willingness to learn and readiness to take responsibility for the quality of own work

• Able to work independently on defined tasks while collaborating effectively with colleagues and seeking guidance when needed

Essential Skills/Basic Qualifications:

• Experience of providing support to QA teams, and/or completing quality checks, assurance activity or other detail-focused operational reviews is preferred

• Ability to apply documented policies and procedures consistently and seek guidance where requirements are unclear

• Good document management skills and confidence using standard Microsoft Office tools

Desirable skills/Preferred Qualifications:

• An understanding of Financial Crime

• A good understanding of the Corporate Banking business and the various Client types

• Working knowledge of Microsoft tools including Excel and Powerpoint.

This role will be based out of Gurgaon.