Job Title: Manager, Business Assurance & Governance – Retail Credit Risk BA4 – 00153779
Barclays Africa encompasses Barclays Global Retail Banking, Corporate Banking, and Barclaycard operations in 10 countries organised in four geographic areas: North Africa (Egypt), East and West Africa (Ghana, Tanzania, Uganda and Kenya), Southern Africa (Botswana, Zambia and Zimbabwe), and Indian Ocean (Mauritius and Seychelles).
Barclays Africa serves its 2.8m customers through a network of 573 branches and service centres providing a variety of traditional financial products including retail mortgages, current and deposit accounts, commercial lending, unsecured lending, credit cards, treasury and investments.
Job Summary:
The Manager, Business Assurance & Governance – Retail Credit Risk will have the overall responsibility of providing Management with the assurance that entire credit life-cycle activities are being conducted in line with Group / Country policies. The Business Assurance Manager is also expected to review the adequacy and effectiveness of the existing controls with within the Credit Risk Department (MI, Data Quality, Impairments, Analytics, Modeling, Policy and Governance) and Credit Operations divisions (Origination, Account Management, Collateral, Collections and Recoveries)
- Responsible for driving the review process of the country’s Retail Credit CSAs
- In charge of driving the review process of all of the country’s Retail Credit related RCAs.
- Ensure that all CSA and RCAs ineffective controls and non-compliant actions are closed within set timelines.
- Monitor adherence to Group Policies and ensure Dispensations Waivers and Breaches are raised where applicable.
- Monitor control issues with a Retail Credit impact and ensure that CIXLS are raised and managed accordingly.
- Identify, report and monitor operational risk events which have a retail credit impact.
- Complete all Governance and Group Credit attestations and submission to BARO on a regular basis.
- Ensure that all Business Review, Internal Audit, Operational Risk, Finance, COO, Management Assurance and Rigour team observations pertaining to the credit risk are closed.
- Represent the country in the monthly Assurance Forum and the Retail Credit Control Review Committee.
- Review and submit all audit closure closure packs.
- Engaging key stakeholders such as BIA, BARO Credit, Compliance, Operational Risk, Management Assurance and Rigger teams is a core requirement.
- Organising and running a monthly the in-country Retail Credit Control Review Committee.
- Creating and managing control environment dashboards.
- Responsible for ensuring that sampling tests methodology is embedded and carried out on a regular basis.
- Ensure that business mandates are being adhered to.
Key Duties and Responsibilities:
1. Credit Control & Assurance (70%)
- Administer (submission date, deadlines and action owners) and manage quality of: RCAs and CSAs, CIXLS and DWBs, Control environment dashboard and attestations.
- Ensure that any noted control challenges are escalated to BARO on a timely basis.
- Ensure that the RCCRC & Assurance Forum is held on a monthly basis.
- Attend the Assurance forum every month.
- Attend and make submissions and presentations to the BARO RCCRC & Assurance Forum.
- Attend monthly PQRs and provide an insight into control environment.
- Actively follow-up on closure of control observations.
2. Stakeholder Management (30%)
- Represent Credit at all forums or meetings that discuss the control environment.
- Obtain inputs to control dashboard from all key stakeholders.
- Ensure that action owners actively contribute towards close of all open control observations.
- Work in liaison with the Compliance team in managing regulatory observations.
- Keep track of any changes in the regulatory environment that may have an impact on the credit control environment.
- Agree and Manage service level agreements
Qualifications, Skills and Experience:
- The ideal candidate for the aforementioned Barclays Bank opportunity must hold an Undergraduate Degree in Finance, Accounting, Commerce, Economics, or Business Administration
- General commercial/industry awareness
- Good working knowledge of risk management policy, procedures & pricing
- Extensive knowledge of Group policies and strategies relative to the credit function
- Good Barclays Product knowledge
- Detailed knowledge and understanding / fit of the vision for Risk
- Prior working knowledge of local country structure and strategy
- Experience in managing risk and reward
- Auditing background will be advantageous
- Credit Operations background is an added advantage
How to apply for the job:
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:
Barclays is an equal 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
Deadline: 4th April, 2014
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