Operational Risk Oversight For Finance And Treasury

Glasgow, SCT, GB, United Kingdom

Job Description

Date live:



13/06/2025



Business Area:



Risk



Area of Expertise:



Risk and Quantitative Analytics



Contract:



Permanent



Reference Code:



JR-0000046710

In Risk Barclays develops, recommends, and implements controls and cost-effective approaches to minimise Barclay's risks, identifies and analyses potential sources of loss to minimise risk and estimate the potential financial consequences of an occurring loss.

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In this Operational Risk Oversight role for Finance and Treasury, you will be responsible for assessing and managing risks within critical areas of Barclays and identifying thematic risk exposures. You will work closely with a small, specialised team to evaluate risks across finance and treasury activities, including product control/valuations, impairment, financial control, hedge accounting, forecasting, banking book hedging, capital planning and funding/liquidity management. Your role will involve review and challenge of the first line of defence (1LOD) implementation and execution of their risk management responsibilities (risk events, issues, control assessments), actively participating in risk and control meetings and initiatives related to regulatory change such as Basel 3.1. In addition you will participate and lead Risk Reviews and provide 2LOD input in to Mission Critical projects and initiatives



You will support the organisation by identifying risk themes, evaluating the bank's responses, and challenging the actions taken to address identified issues. Your strong analytical skills will be essential in understanding and presenting complex financial and risk-related data. While a background in finance or treasury is crucial, experience in risk management, audit, compliance, or controls work will be highly beneficial. The ideal candidate will have credible functional experience in finance and /or treasury, a willingness to transition into a second-line risk role, and the ability to effectively communicate findings to stakeholders. A qualified accountant is preferred but not mandatory.



To be successful as an Operational Risk Oversight role for Finance and Treasury, you should have experience with:



Credible functional experience in treasury and finance or extensive 2LOD/3LOD coverage of these areas Considerable analytical skills to assess and understand complex financial and risk-related data. Experience in risk management, audit, compliance or controls work. Ability to present findings clearly and effectively to stakeholders. Willingness to transition into a second-line risk role. Qualified accountant preferred but not mandatory.

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 located from our Glasgow office.



Purpose of the role



To provide independent review and challenge of the Operational Risk elements of particular risk categories across the bank. Ensuring they are carried out in accordance with Barclays Operational Risk Framework, Policies, and Standards



Accountabilities



Risk identification and proactive risk management, identifying interconnected, horizon and emerging risks to assist the business in understanding, managing and mitigating the right risks in line with their business strategy and objectives.

Analysis of operational risk data to identify trends, patterns, and emerging risks.

Risk-based analysis of business processes, systems, and controls to assess the likelihood and impact of identified risks.

Ongoing research and monitoring of internal and external sources to identify potential Operational Risks.

Oversight, review and challenge of 1st Line activities including - Risk Control Self Assessments (RCSAs), Risk Events, Issues and attendance at key Risk and Control meetings (with associated reporting) ensuring they accurately reflect the business risk position,.

Stakeholder management, engaging and working effectively with First and Second Line management.

Risk based 2nd Line input into 1st Line Projects, Initiatives and Strategic decision making.



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 influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..

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 be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..

Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.

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.



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.



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Reasonable adjustment

Our purpose

Equal opportunities

Right to work statement

This is Barclays Glasgow



Barclays Glasgow is the engine of the Corporate and Investment Bank, and Shared Technology, delivering vital services to clients across the world. With c.5,500 talented people in a whole range of roles, the work we do touches millions of lives every day.



Designed for diversity

At the heart of the community

Focus on health and wellbeing

Connect with your colleagues

Play/Pause

Be you. Be valued. Belong.



We celebrate the unique perspectives and experiences each individual brings, believing our differences make us stronger and drive success.



You can learn more about our commitment to our colleague on our Inclusion and Opportunities page.



Learn more

Application Process

Your application



We'll ask for information about you, your CV and cover letter.



1

Your assessment



Covering your behaviours and ability at work.



2

Your interview



Exploring your past experiences and skills.



3

Next step



We'll request additional information so that you can complete our screening process



4



Working flexibly



We're committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports your personal needs, alongside the professional needs of our business. If you'd like to explore flexible working arrangements, please discuss this with the hiring manager. Your request will be reviewed in-line with the requirements of the role/business needs of the team.



Hybrid working



We have a structured approach to hybrid working, where colleagues work at an onsite location on fixed, 'anchor', days, as set by the business area. Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.



Barclays is built on an international scale.



Our geographic reach, our wide variety of functions, businesses, roles and locations reflect the rich diversity of our worldwide customer base. All of which means we offer incredible variety, depth and breadth of experience.

And the chance to learn from a globally diverse mix of colleagues, including some of the very best minds in banking, finance, technology and business. Throughout, we'll encourage you to embrace mobility, exploring every part of our operations as you build your career.

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Job Detail

  • Job Id
    JD3238239
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Glasgow, SCT, GB, United Kingdom
  • Education
    Not mentioned