AVP - Model risk Conformance
Barclays · Posted Oct 26
Banking, credit card, corporate, investment banking, and wealth management services
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About the role
The Conformance Review Team is part of Barclays' Risk Assurance function in the Second Line of Defence and conducts independent reviews to ensure business areas adhere to the Enterprise Risk Management Framework through policies and standards across Principal Risks. The role supports the Head of Conformance in managing and executing the annual Conformance Review Plan, including analysis of processes, transactions and controls and reporting of non-conformities. It is based in Gurugram/Noida and focuses on model risk conformance and regulatory policy adherence.
What you will do
- Support the Head of Conformance in the day to day management and execution of Conformance Reviews based on the agreed annual (or updated where applicable) Conformance Review Plan
- To oversee that the bank operates in adherence to established framework, policies, and standards, laws, rules, regulations, and internal controls.
- Analysis of processes, transactions, and activities across various business units to assess adherence to policies, regulations, and internal controls.
- Interviews, documentation review, and data analysis to gather evidence of compliance.
- Identification and reporting of deviations or non-conformities, documenting findings and recommendations for corrective action.
- Analysis of the effectiveness of existing controls and recommend enhancements to strengthen the control environment.
- To 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. They will 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.
Skills used in this role
What the employer is looking for
- Working experience in Model Risk
- Understanding of Risk Policies, Standards, Procedures, Documentation and Controls.
- Experience / knowledge of end to end risk portfolio management.
- Understanding of Regulatory policy requirements.
Preferred qualifications
- Model Risk/ Internal Audit background
- Knowledge of the Group Risk structure
- Good knowledge of the legal entities and transaction cycles that make up the Barclays Group
- Good knowledge of the Financial Services Regulatory environment.
Benefits and support
- Compensation and benefits are detailed in the job posting
About Barclays
Barclays is a British multinational universal bank that provides consumer, corporate, and investment banking, as well as wealth management services. Tracing its origins back to 1690 in London, the institution operates globally to serve millions of retail and institutional clients. The bank leverages cutting-edge technology and digital platforms to drive operational efficiency across its international network.
- Industry
- Banking
- Company size
- 93000+ employees
- Founded
- 1690
- Location
- London, United Kingdom
- Funding stage
- Public Company
Leadership
Group Chief Executive
Group Finance Director
Group Chief Operating Officer
Recent coverage
The Guardian
Barclays to cut 5,000 jobs as AI replaces roles2026-10-22
Investing.com
Barclays Q3 2026 slides show mixed results, on track for targets2026-10-22
Euronews
Barclays cuts 5,000 jobs as net profit grows 13% in Q32026-10-22