David Ortega Email & Phone Number

Madrid, Es

Madrid

Madrid Y Alrededores, España

London, Reino Unido

The Chief Control Office oversees all jurisdictions where Barclays has retail, private or corporate businesses. My role includes a broad set of transversal activities aimed at improving and coordinating the overall risk and control management processes from the existing levels of defence in the business unit. Main duties are: To lead the analysis and implementation of the newly issued set of Conduct Risk Policies and associated control objectives in coordination with country and Europe… Show more The Chief Control Office oversees all jurisdictions where Barclays has retail, private or corporate businesses. My role includes a broad set of transversal activities aimed at improving and coordinating the overall risk and control management processes from the existing levels of defence in the business unit. Main duties are: To lead the analysis and implementation of the newly issued set of Conduct Risk Policies and associated control objectives in coordination with country and Europe Compliance teams. To generate, check, and challenge final content and ratings of the quarterly Europe Conduct Risk report , ensuring that country submissions abide by Group Conduct standards and consider all material risks,  Coordination of and support to the Europe Governance, Risk and Control Committee (GRC), and its associated corporate governance reporting for the business unit. Supporting Europe Executive Committee members, via weekly briefings, with timely MI on their respective Audit portfolios. Often this support extends to working with their direct reports by advising on effective remediation activities to mitigate the risks raised by Audit. To manage 1st Line of Defence Operational Risk control procedures across countries. To ensure that appropriate and standardised governance is applied to the Europe Financial Crime Oversight Committee, of which I am a permanent member. I have recently redesigned the committee deck to facilitate senior stakeholder awareness, in conjunction with the Europe MLRO. Since April ’15, I have led Control Strategic programmes supporting the Corporate Strategy Office, which consist in assessing, managing, and ensuring that an appropriate Control environment is deployed prior to Separation/Integration activities are executed. These include the alignment to current Group policies of the Bank, the regulatory framework, and the management of critical existing Control issues impacting each legal entity within the perimeter of each deal. Show less

After becoming a permanent member of the Business Risk team, my responsibilities spanned across 1st Line Control Assurance, with 2nd Line support, in Spain, Italy, France, Portugal, Russia and UAE participating in different assignments Execute business process and functional reviews, coordinating and delivery Management Self-Assessment (including SOX), in order to opine on the effectiveness of the general control framework for the processes reviewed and to define action plans to… Show more After becoming a permanent member of the Business Risk team, my responsibilities spanned across 1st Line Control Assurance, with 2nd Line support, in Spain, Italy, France, Portugal, Russia and UAE participating in different assignments Execute business process and functional reviews, coordinating and delivery Management Self-Assessment (including SOX), in order to opine on the effectiveness of the general control framework for the processes reviewed and to define action plans to mitigate residual risks. New Products Post-Implementation Reviews; Audit Issue Assurance follow-up, Pre-Issue Assurance; and any ad-hoc assurance reviews requested by upper management.  Manager in several End2End reviews (Retail investment services, Credit risk regulatory reporting), focusing in Process Control Improvement through their redesign and reengineering. Show less

Madrid Y Alrededores, España

Seconded as part of a Pan European swat team to reinforce and improve the effectiveness of the overall internal control framework. The Programme had direct sponsorship from the Retail and Business Banking UK & Europe´s CEO. Led the design and production of the Business Unit Internal Control MI for Senior Management Committees. Participated in several control assurance projects across Spain, Portugal, Italy and France covering different areas / processes / regulatory requirements… Show more Seconded as part of a Pan European swat team to reinforce and improve the effectiveness of the overall internal control framework. The Programme had direct sponsorship from the Retail and Business Banking UK & Europe´s CEO. Led the design and production of the Business Unit Internal Control MI for Senior Management Committees. Participated in several control assurance projects across Spain, Portugal, Italy and France covering different areas / processes / regulatory requirements from a first line of defence perspective including: Accounting and Reconciliation, Operations, Global Payments, Financial Crime, Cash Management and Customer Assets Protection, Investment and Insurance Sales and Management / Sox, MiFID, CDD, Transparency, Basel II (OpRisk and Credit Risk). Show less

Madrid Y Alrededores, España

As part of the Europe centre Operational Risk Department. GRCB (Global Retail and Commercial Banking) Western Europe, reporting directly to the Head of Europe Operational Risk, covering Spain, Portugal, Italy and France and providing support to Emerging Markets, on a temporary cover basis. Coordinating and producing monthly reporting of country Operational Risk exposures into the respective Risk Committees and participating in the design the bank’s support processes for the development… Show more As part of the Europe centre Operational Risk Department. GRCB (Global Retail and Commercial Banking) Western Europe, reporting directly to the Head of Europe Operational Risk, covering Spain, Portugal, Italy and France and providing support to Emerging Markets, on a temporary cover basis. Coordinating and producing monthly reporting of country Operational Risk exposures into the respective Risk Committees and participating in the design the bank’s support processes for the development of to the Group’s Operational Risk Capital models. Conducting data collection and documentation as part of the Quarterly Key Risk Scenario (KRS) process. Responsible for analysis and challenge to ensure a consistent and robust process across jurisdictions. Final validation of KRS quarterly metrics submitted to the Risk Measurement team. Collecting data and producing an FSA capital offset Card Fraud waiver documentation pack, submitted successfully to the FSA. Automating reporting requirements for the production of monthly reports to senior management. Redesigning and standardizing across different jurisdictions the RCA identification processes, risk maps and controls supporting the design and implementation of detailed procedures aimed at the identification, capture and recording of operational risk events. Implemented across western European countries within the expected timelines. Responsible for coordinating the stress testing of the Western Europe liquidity and capital projections following the FSA requirements, reported to the Group Risk Measurement team on a quarterly basis. Show less

Vigo Y Alrededores, España

During this period I participated on the AMA implementation initiative, supported by Ernst & Young. Goal was to implement the Operational Risk Advance Measurement Model across Banco Gallego, Caixanova and its Miami franchise Bank. As part of this initiative, I led a training programme covering Risk and control maps and Risk categorization, ensuring Basel and ORX standards were applied across the organization. Member of the MiFid I Implementation committee.

Vigo Y Alrededores, España

After the rotational programme, I was assigned to different credit Risk related activities, from Project Finance analysis to Retail Credit Sanctioning. Analysis of financial information and supplemental documentation to support lending decisions and recommendations of credit requests. Provided detailed financial analysis in support of credit sanctioning to the weekly Retail Credit committee for a total of €35m. Participation in the credit scoring system development as part of the… Show more After the rotational programme, I was assigned to different credit Risk related activities, from Project Finance analysis to Retail Credit Sanctioning. Analysis of financial information and supplemental documentation to support lending decisions and recommendations of credit requests. Provided detailed financial analysis in support of credit sanctioning to the weekly Retail Credit committee for a total of €35m. Participation in the credit scoring system development as part of the CECA Basel II Implementation Project (Spanish Confederation of Savings Banks) Show less

Vigo Y Alrededores, España

During this internship I had the opportunity to participate in many different departments at headquarters, from Credit Risk back office to Treasury front office. I also worked as a deputy branch Manager for one month in Vigo and for two weeks in the Frankfurt Flagship Branch

Banking & Finance Degree, Banking & Finance

BA Economics studied abroad where I specialized in Banking & Finance. (Second specialisation)

Licentiate Degree, Economics

BA Economics specialising in International Trade & Economics - “International Business”