Barclays Internal Audit Regulatory Reporting VP

Join us as a VP within the Barclays Internal Audit (BIA) Regulatory Reporting Team where you will be a valued member of the audit team who will support the delivery of the BIA audit plan. In this role you will work collaboratively with others across BIA to deliver audits, while developing strong client relationships which are independent and be seen as a respected voice. 

You will execute audit work within the Global team, including performing control design assessments and operating effectiveness assessments and will be responsible for preparing audit workpapers and documentation within audit tools. Additionally, you will assist the audit owner in defining the audit scope and testing strategies for the audit. You will also assist with continuous monitoring and audit universe risk assessment. Throughout, you will work collaboratively with other team members across the global BIA Finance, Tax and Treasury team.

Essential Skills/Basic Qualifications:

• In depth experience of providing assurance in the third line (Internal Audit) or other line of defence specific to Capital Regulatory Reporting (Credit Risk and Counterparty Credit Risk) and Liquidity Regulatory Reporting (6G, Liquidity Coverage Ratio, Net Stable Funding Ratio).
• Experienced working in Global banks with teams in multiple locations.
• In depth knowledge of Capital or Liquidity Reporting requirements.
• In depth knowledge and experience of retail and/or investment banking products, preferably in a Financial Control, Regulatory Reporting or Internal Audit role
• Excellent communication skills, ability to communicate effectively with stakeholders using a variety of communication styles.
• Tertiary education in quantitative discipline

Desirable skills/Preferred Qualifications:

• Experience of managing relationships with senior stakeholders holding senior management positions
• Experience in a Finance/reporting function and within an assurance function, as either an auditor or from working in the 1st/2nd line of defence.
• Strong project management skills, with track record of driving initiatives in a relevant field and delivery of work on time.
• Strong risk and control understanding
• Experience of coaching and mentoring of more junior colleagues.
• Drive and willingness to learn and share knowledge with peers

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

This role will be based in London.

Purpose of the role

To support the development of audits aligned to the bank’s standards and objectives by working collaboratively with colleagues, providing accurate information and recommendations, and complying with policies and procedures.

Accountabilities

• Audit development and delivery support, including financial statements, accounting practices, operational processes, IT systems and risk management.
• Identification of operational risks to support the delivery of the Barclays Internal Audit (BIA) Audit Plan through risk assessments.
• Assessment of internal control effectiveness and their capability to identify and mitigate risk aligned to regulatory requirements.
• Communication of key findings and recommendations to stakeholders, including the Audit Owner, senior managers and directors.
• Identification of regulatory news and industry trends/developments to provide timely insight and recommendations for best practice.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.