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Barclays Bank UK Jobs – Head of Risk Control Unit
Job Title: Head of Risk Control Unit – 00189838
Organisation: Barclays
Bank UK
Bank UK
Duty Station: Kampala,
Uganda
Uganda
Reports to: Corporate
Credit Director
Credit Director
About Barclays UK:
Barclays is a British
multinational banking and financial services company headquartered in London.
It is a universal bank with operations in retail, wholesale and investment
banking, as well as wealth management, mortgage lending and credit cards. It
has operations in over 50 countries and territories and has around 48 million
customers. As of 31 December 2011, Barclays had total assets of US$2.42
trillion, the seventh-largest of any bank worldwide.
multinational banking and financial services company headquartered in London.
It is a universal bank with operations in retail, wholesale and investment
banking, as well as wealth management, mortgage lending and credit cards. It
has operations in over 50 countries and territories and has around 48 million
customers. As of 31 December 2011, Barclays had total assets of US$2.42
trillion, the seventh-largest of any bank worldwide.
Job Summary: The
Barclays Head of Risk Control Unit will steer, develop and manage the Risk
Control Unit in order to maximize Team and Individual performance with a view
to maintaining a robust Risk Controls framework in the post sanctioning
fulfillment activities for the Commercial Banking portfolio
Barclays Head of Risk Control Unit will steer, develop and manage the Risk
Control Unit in order to maximize Team and Individual performance with a view
to maintaining a robust Risk Controls framework in the post sanctioning
fulfillment activities for the Commercial Banking portfolio
Key Duties and Responsibilities:
1. Team Leadership: 20-30%
- Manage
the overall performance and people agenda in the Risk Control Unit. - Drive
recruitment of staff so that the quality of every recruit improves the
overall quality of the RCU pool. - Closely
manage those identified as Talent in their team. - Ensure
that they have clear individual plans that speed their development and
gives Barclays the maximum benefit from their deployment. - Ensure
that robust and detailed succession plans exist for the RCU and that these
are used to develop actions to ensure sufficient bench strength with right
people in the right jobs. - Identify
and drive development and training initiatives to ensure that the capability
of RCU staff is continually improved. - Drive
EOS action plans to ensure that staff feel good about their team, the RCU
and Barclays. - Develop
a highly motivated team maintaining excellent relationships with own team
and wider teams to ensure achievement of business goals - Support
to identify training needs and provide coaching to all members of the Risk
Control Unit (RCU) to improve performance and productivity. - Act
as a role model and drive proactive application of Barclays Behaviors
throughout the team. - To
create awareness amongst Team members on Group Policies, RCU procedures
and Regulations - Keep
the Team motivated and ensure accurate and efficient delivery. Build
systems to allow for job rotation within RCU to identify and groom Team
Members to take leadership roles within the Team - Proactively
contribute to embedding change management initiatives in support of
process and quality improvements, cost reductions and development of the
people. - Steer
and execute smooth change management including continuous process
improvement - Ensure
RCU activities and importance is
communicated to the wider business (peers and senior management)
and consultation during changes in policies and procedures at business
levels
2. Risk Management -50-60%
- Ensure
the highest standard of Post Sanction Fulfillment / Monitoring and Control
through formulation and implementation of consistent policies and
processes across the Risk Control Unit - Ensure
knowledge and best practice sharing across the RCU. - Responsibility
for personal adherence to governance, compliance and lending portfolio
controls. Ensuring own conformance
to policy and procedures within the specialist lending function, including
proactive management of agreed responsibilities for data integrity. - Work in liaison with the centre and
in-country credit team to understand the lending portfolio and risk
capabilities and to identify gaps or weaknesses in the post sanction
process; work in conjunction with the relevant teams to formulate plans to
close the gaps - Responsible
for the Monitoring & Control of Corporate/ECC/FI live portfolio to
assure adherence to terms & conditions of sanctions identifying any
areas within the portfolio that are cause for concern / potential cause
for concern. Communication both up and down the reporting lines. - Act
as a source of technical excellence and point of reference in relation to
risk matters for the CCM’s, CBD/ECC and RCU. - Manage
the maintenance / improvement of the administration quality of the
Portfolio (as detailed in the RCU operating manual). - Maintain
interactive relationship with CCM’s and CBD/ECC to ensure rectifying the
outstanding issues. - Quarterly
review of the Corporate Credit Key Risks and their mitigating controls
through effective RCA tests - Own
and monitor the achievement of agreed targets for risk performance
measures by the RCU team taking corrective action where applicable. - Responsible
for the rectification & documentation of any recommendations arising
out of Audit/Assurance reports on the Credit Risk. - In
charge of the effective management of the facility limits (loading,
amending & cancellation) to ensure that published limits are in line
with the latest sanction and in accordance with the operational processes
and procedures - Management
of maintenance, review & follow up of a complete Diary System
detailing deficiency & deferrals/loans repayment dates/ excesses
clearance dates/dated securities & Covenants. - Management
of the Financial Covenant and Internal Risk Trigger Monitoring
systems/data in regards to its integrity of capturing, advising and
escalation of overdue and failed / breached covenants - Managing
preparing& review of Post Sanction Aide Memoire and Term loan
Information sheet - Undertake
ownership duties of suspense accounts and interest received accounts - Monthly
review of the applicable interest rate & comm. for all corporate
customers using sanctions and Interest Audit Report. - Liaising
with legal team in regards to the non-standard documentation and changes
to the standard commercial and standard terms and conditions - Improve
quality of audits. Will be the point of contact for both internal and
external auditors. - Manage
the monitoring of syndicate loans (repayment of installments, interest,
conditions with the agent / participant banks. - Un-drawn
commitments are reviewed on monthly basis to control CREC charges. - Periodic
review and assessment of root causes in relation to RCA testing and
initiating appropriate action to mitigate risks - Ensure
robust and error free MI and data is produced by the team on a regular
basis. - Ensure
maker checker concept across RCU processes is carried out without
deviation - Ensure
teams adherence to IRM and Data privacy polices of Barclays - Manage
the Team’s Business Continuity plan (BCM) and periodic testing
3. Business Risk Partnership
15-20%
15-20%
- Ensure
a consistent quality of service to RCU stakeholders - Assist
the Head of Risk in monitoring service and delivery in line with business
needs - Work
in partnership with colleagues and proactively anticipate, respond to and
seek to exceed the expectations of customers. - Attend
meetings with the Corporate Credit manager’s / Relationship Manager’s if
problem related issues are to be discussed / need to be resolved. - Maintain
interactive relationship with CCT and CBD to ensure rectifying the Develop
and maintain a close working relationship with Front Office and Credit
Team Heads. - Actively
support the CCD in delivering effective PD’s for individuals within the
team - Participate
is team activities, launches and social occasions.
Qualifications, Skills and Experience:
- The
ideal candidate should hold a Post Graduate with previous work experience
(min 8 years) - At
least five years of Risk Management experience - Excellent
track record of Leadership of teams - Communication
with particular emphasis on imparting difficult decisions - Communication
with senior management and business stake holders - Other
finance related qualifications are preferred - Possession
of Risk related certificates is an added advantage - Risk
Auditing training /certificate - The
applicant should have expert knowledge of commercial banking credit risk
operations, credit analysis and controls. - Good
knowledge of operational risk and rigor processes, tools and practices. - Proven
people management skills and team leadership. - Proven
ability to run a service operation, managing often conflicting priorities. - Computer
literacy skills - Detailed
knowledge of Corporate Business and risk products, policies, procedures
and services - Working
knowledge of local regulations relating to lending. - Awareness
of products and services offered by competitor banks. - Applicants
with previous experience of working in a reputed financial institution in
the risk function will have an added advantage
Personal Competencies:
- Communication
and Influence – able to communicate effectively across a range of
stakeholders in Sales, Risk and Operations - Innovation
and change – the ability to spot opportunities to improve service and
deliver on these - Leadership
– the ability to direct the large number of staff in their team to ensure
all play their part in attaining the overall goals - People
Capability – the ability to form and develop a high-performing team with
robust bench-strength - Problem
Solving and Decision Making – the ability to quickly understand a
situation and take decisive action that is bought into by stakeholders - Quality
High Standards and Controls
How to Apply:
If you feel challenged by any
of the above positions, and believe you can deliver on key deliverables as
outlined above, upload your application letter, current curriculum vitae and
photocopies of academic certificate to our recruitment website detail below:
of the above positions, and believe you can deliver on key deliverables as
outlined above, upload your application letter, current curriculum vitae and
photocopies of academic certificate to our recruitment website detail below:
Barclays is an equal
opportunity employer that recruits, develops and promotes people on merit, and
rewards outstanding performance, regardless of background and gender.
opportunity employer that recruits, develops and promotes people on merit, and
rewards outstanding performance, regardless of background and gender.
For queries contact us on
0417122453 or email: barclays.uganda@barclays.com
0417122453 or email: barclays.uganda@barclays.com
Deadline: 2nd
January, 2015
January, 2015
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