Manager - Group Risk Strategy and Governance at Barclays Africa Group Limited

Job description

A new career opportunity has become available within the Risk Function.

Reporting in to the Head Group Risk Strategy and Governance, be accountable for the maintenance of BAGL’s Risk function as being industry-leading, fit for purpose, dynamic, and forward-looking. Develop and maintain the IP of BAGL’s Risk Function, and do all that is necessary to grow and retain talent (especially AIC). This will entail the design of the Risk Operating Model and management of key internal and external touch points (BAGL Board; internal/external auditors; rating agencies, regulators)as well as key deliverables (such as ICAAP and STP/MTP). Design the strategy for the BAGL Risk Function in terms of its development, change programmes, and pre-emption of regulatory and legislative demands, incorporating industry best practice.

Accountabilities:

• Strategy and Planning
• With the Head of Group Risk Strategy and Governance, develop a 2 year strategy for the upgrading of capabilities and talents within the BAGL Risk Function, so that : a) it is market leading in Africa; and b) it supports BAGL’s commercial and strategic objectives. This will be the basis for prioritization of Change Management (with the Risk COO function).
• Provide the analysis to benchmark BAGL Risk’s capabilities against our peers. This would include providing analytical input into people skills, technical abilities, systems, processes, models, structures, design, etc.
• Analyse forthcoming regulatory and legislative demands and ensure they are
• factored in to the development plan for BAGL Risk.
• Ensure that development tools (e.g. Risk Planning, technical training) are leading
• to appropriate outcomes in advancing BAGL Risk’s development.
• Perform quality assurance tests and analysis of BAGL Risk’s structures, operating
• model, and effectiveness
• Develop and Maintain BAGL Risk’s IP
• Implement a strategy for the enhancement and retention of BAGL Risk’s technical skills; experience, context-knowledge.
• For consistency purposes; sign off major Risk outputs: Board reports, ICAAP, STP/MTP, Stress test results.
• Ensure that the Risk Academy continues to support the development of risk skills
• in BAGL.
• Participate in BAGL Risk’s interactions with the Group Strategy development and
• implementation.
• Internal and External Interactions
• Be a leading member of the team that is the primary point of contact for BAGL Risk with internal and external bodies Internal Audit, Barclays Plc (where appropriate), BAGL Board External Audit, Rating Agencies, Regulators, BASA
• Ensure BAGL Risk maintains good relations with the above entities, pre-empting ensuring risks and issues.
• Implement changes to Risk reporting at BAGL Exco and Board levels.
• Implement governance arrangements between BAGL Risk and the BAGL Board, by liaison with Risk Exco, BAGL Exco, and Secretaries Office.
• Implement revisions to the BAGL ERMF, and any changes to governance arrangements for Board Risk Committees and BAGL Exco.
• Strategy Implementation
• Ensure that post-Valpré Risk structure and capabilities enable BAGL Risk to function effectively. Implement Valpré outcomes.

Education and Experience Required

• NQF level 7: Honours / Masters degree
• MBA would be advantageous
• Fifteen (15) years’ experience in the Banking sector
• Ten (10) years ‘experience in the Risk environment which must include proven Banking experience
• Five (5) years’ experience on a senior management (Executive) level in a large Corporate

Knowledge & Skills:

• Significant experience at Senior level in a bank or similar Risk function of a financial services organisation or equivalent with experience on an international scale:
• Detailed knowledge of financial services industry (including history, trends, future development);
• Detailed knowledge of credit and market risk management, internal control systems and financial control systems with the ability to lead the internal governance and control agenda;
• Established and evidenced senior leadership credentials, including leading through change; and
• Experienced at dealing with regulators at the most senior level.

Additional key experiences and knowledge required:

• Must be a thought leader in risk management with the ability to establish Barclays as a market leader in risk management practices;
• Detailed knowledge of Group’s products and services;
• Has a strong track record of commercial management experience and creating effective organisational structures; and
• International experience, especially in emerging markets is essential.
• Very strong strategic vision. Proven ability to:
• Shape, develop and execute a strategy to drive major change;
• Propose the Risk strategy to the Board and to deliver on the agreed strategy;
• And drive towards a target operating model and respond to changes in the external environment.
• A culture builder:
• Able to inspire loyalty to the firm as well as on a personal level at every level of the organisation;
• Ability to build a culture to deliver performance consistent with the values;
• Has an immaculate ethical track record with clear proof of values and behaviours in action, consistent with Barclays stated Purpose and Values; and
• Has a track record of leading and delivering a strong, values based, citizenship agenda.
• Relationships and Communications:
• Able to develop and maintain constructive relationships with Board, shareholders, regulators, and other key stakeholders;
• Excellent communicator with the ability to communicate and demonstrate to internal and external audiences on a wide range of topics;
• Stature and ability to operate with members of the BAGL Executive Committee with the necessary interpersonal skills and commercial insight to challenge and influence at this level; and,
• Proven capability to operate as a trusted advisor to the BAGL CRO and Board.
• Leading in a multi-geographic, matrixed organisation:
• Ability to balance commercial, customer and regulatory needs and requirements of a multi-geographic organisation; and
• Has an instinctive grasp of organisational matrix management
• Talent Management:
• Proven commitment on building capability across a workforce. Able to attract and develop top talent from inside and outside the industry; and
• Must be a relevant and appealing leader to a wide pool of talent.
• Energy and resilience to maintain progress against significant challenges.
• Ability to deal with high levels of ambiguity and simplify outputs and recommendations in a complex environment.

Competencies:

• Deciding and initiating action
• Leading and supervising
• Persuading and influencing
• Creating and innovating
• Planning and organisation
• Adapting and responding to change
• Entrepreneurial and commercial thinking
• Relating and networking