At a Glance
- Tasks: Lead AI and Data Risk oversight, ensuring robust risk management practices.
- Company: Join Barclays, a leader in financial services with a commitment to innovation.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Dynamic role with opportunities to influence senior stakeholders and drive change.
- Why this job: Make a real impact on risk management in the fast-evolving AI landscape.
- Qualifications: Experience in data analytics, risk management, and understanding of retail banking.
The predicted salary is between 70000 - 90000 £ per year.
Overview: hackajob is collaborating with Barclays to connect them with exceptional professionals for this role. As a Risk & Controls Oversight Senior Lead – AI & Data Risk, you’ll be responsible for providing expert oversight on AI and Data Risk. You’ll play a critical role in ensuring our risk management practices are robust, effective, and in compliance with risk and control management frameworks. You’ll act as a bridge between the Customer & Digital Team, Chief Operating Office (CCO), second- and third-line risk partners, and other stakeholders.
Responsibilities: In this role, you’ll develop and assess risk appetite, lead conversations on risk acceptance, ensure controls are designed and assessed properly, resolve gaps and improve the control environment. You will ensure ongoing monitoring of controls to keep the business audit-ready, embed an active risk management culture, assess new business activities and leverage tools such as KRIs and risk dashboards. Stay on top of market trends and emerging risks, drive continuous education based on internal and external themes and lessons learnt. Ensure compliance with relevant laws and regulations, prepare and enhance governance papers and reports. Identify opportunities for data-led controls monitoring and automation of controls. Ensure compliance with RCSA, issue management and risk events management processes in line with the Operational Risk framework.
Qualifications / Required experience:
- Good understanding of Retail Banking Customer Journeys to identify and manage associated risks and controls
- In-depth expertise in Data and Records Management, including data architectures, data quality standards, and data retention/deletion practices
- Expertise in AI, with a focus on ethical principles, transparency and fairness assessments
- Ensure good risk assessment and governance across use AI case approval, validation, deployment and monitoring
- Up-to-date with the latest advancements in AI, including Generative AI, and the associated risks
- Proven experience in data analytics, data science, and driving automation and digitization within Risk Management processes
- Ability to balance risk management with business goals when defining Risk Appetite and effectively influencing or negotiating with stakeholders on risk acceptance
- Ability to conduct active deep dives and risk assessments for active risk management
- Well-versed in market trends, competitor activities, and the broader risk environment, with the ability to use this knowledge to enhance internal controls
- 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 UK Customer and Digital function
- Deep understanding of market trends, competitor activities, and the broader risk environment, using this knowledge to drive continuous improvements in internal controls
- Subject matter expertise and experience of delivering transformation and change in risk management
Other valued skills:
- 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 Data 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 role, such as risk and controls, change and transformation, business acumen and strategic thinking, and digital and technology, as well as job-specific technical skills.
This role is based in London.
Purpose of the role: To assess the integrity and effectiveness of the
Risk & Controls Oversight Senior Lead - AI & Data Risk in London employer: hackajob
Barclays is an exceptional employer that fosters a dynamic work culture focused on innovation and collaboration, particularly in the realm of AI and Data Risk. With a commitment to employee growth, Barclays offers extensive training and development opportunities, ensuring that you stay at the forefront of industry advancements while working in the vibrant city of London. Join us to be part of a forward-thinking team that values your expertise and encourages a proactive approach to risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Risk & Controls Oversight Senior Lead - AI & Data Risk in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like hackajob looking for candidates who are engaged and informed.
We think you need these skills to ace Risk & Controls Oversight Senior Lead - AI & Data Risk in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at hackajob. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at hackajob
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with hackajob’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
