Risk & Controls Oversight Senior Lead - Models & AI

As a Risk and Controls Oversight Senior Lead in First Line, you'll be responsible for providing expert oversight on Models & AI . You'll play a critical role in ensuring our risk management practices are strong, effective, and always in compliance with 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, resolve any gaps, and improve the control environment. You'll also ensure ongoing monitoring of controls to keep the business audit-ready, embed a proactive risk management culture, assess new business initiatives, and leverage tools like 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 learned. 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 processes in line with the Operational Risk framework.

To be successful as a Risk and Controls Oversight Senior Lead - Models & AI, you should have experience with:

• Expertise in Model Risk Management and Artificial Intelligence, focusing on ethical principles, transparency, fairness assessments, and model algorithms.

• Proven experience in data analytics, data science, and driving automation and digitization within Risk Management processes.

• Up-to-date knowledge of the latest advancements in Models and AI, including Generative AI, and the associated risks.

• Deep understanding of market trends, competitor activities, and the broader risk environment, using this knowledge to drive continuous improvements in 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.

• Subject Matter Expertise and experience delivering transformation and change in Risk management.

Some other highly valued skills may include:

• 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 Models and AI risk within the context of Customer & Digital, ensuring tailored solutions for this area.

You may be assessed on key critical skills relevant for success in the role, such as risk and controls, change and transformation, business acumen, strategic thinking, 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 bank's internal control framework to support the mitigation of risk and the protection of the bank's 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 with the bank's control framework, prioritized by severity to prevent disruption of bank operations.
• Development of reports to communicate key findings from risk assessments, 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 with policies, regulation, and best practices.
• Implementation of adherence to the Barclays Controls Framework and appropriate methodology for assessing controls against the framework.

Vice President Expectations

• Contribute to 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, define roles and responsibilities, plan for future needs, and guide performance. Lead specialists to influence operations, balance short- and long-term goals, and ensure budgets and schedules meet requirements.
• Demonstrate leadership behaviours such as listening, inspiring, aligning, and developing others to create an environment for colleagues to thrive and deliver excellence.
• For individual contributors, serve as subject matter experts, guide technical direction, lead assignments, and mentor less experienced staff. Provide strategic insights affecting profits and risks.
• Advise stakeholders, including leadership and management, on functional and cross-functional impacts and alignment.
• Manage and mitigate risks through assessment, supporting the control and governance agenda.
• Demonstrate leadership and accountability in managing risks and strengthening controls.
• Understand organizational functions to contribute to business goals.
• Collaborate across areas to stay aligned with business strategies.
• Create solutions through sophisticated analysis and research, and build trusting relationships with stakeholders to achieve objectives using influencing skills.

All colleagues are expected to embody Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, and demonstrate the Barclays Mindset - Empower, Challenge, and Drive.