BIA Global Markets Technology – Vice President Audit Owner

Join us as a VP Audit Owner within the Global Markets Technology Team, where you will be a valued member of the audit team who will take ownership for the delivery of the BIA audit plan. You will work collaboratively with other colleagues across BIA to deliver audits, while developing strong client relationships which are independent and be seen as a respected voice. 

The Global Markets Technology team in BIA is responsible for executing the audit plan across Markets Business and in certain cases leading or supporting wider audits covering multiple business areas such as Investment bank, Research, Corporate, Private Bank etc.

The Global Markets team covers systems and application primarily in the pre-trade (trading systems/ platforms across multiple asset classes) , post-trade (areas such as confirmation, settlements and regulatory reporting) and wholesale lending (credit facilities such as syndicated, bilateral etc. through multiple products).

In addition to executing audits, the team is also responsible for maintaining relationships with key stakeholders within the Markets Technology teams through Continuous Monitoring, keeping informed on the key business strategies, plans, processes, controls and risks across the business area. BIA use Data Analysts and Generative AI tools/ functionality available to deliver audit planning, testing and Continuous Monitoring activities.

To be successful, the ideal candidate should have the below experience and qualifications:

• Proven experience in either audit or a function which has resulted in a good understanding of risk and control activities related to Global Markets business.

• Working in Global banks with teams in multiple locations, with a strong understanding of the General Information Systems Controls, specifically on Technology, Operational Resilience Planning, Cyber and Information Security etc.

• Project and Programme management related experience in first, second or third line of defence is preferred but not required.  

• Sound understanding of key regulations and regulatory reporting requirements in the UK, EU and US.

• Qualification in the auditing of Information Systems, Technology, Resilience etc. (e.g. CISA, Auditing/Accounting).

Other highly valued skills:

• Strong understanding of the evolving regulatory environment and its challenges, including experience of interacting with regulators.

• Excellent communication skills, ability to communicate effectively with stakeholders using a variety of communication styles.

• Experience of coaching and mentoring of more junior colleagues combined with a drive and willingness to learn and share knowledge with peers.

• Understanding in the Data Analytics (awareness of opportunity to use and tools available) and Generative AI (for example use of Co-pilot).   

• Experience in technology in relation to Global Markets, Investment Banking, Prime Services, Wholesale Lending as either an auditor or from working in the 1st/2nd line of defence.

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.