VP Audit Owner - Treasury and Capital Risk

Join us as a VP Audit Owner within the Treasury and Capital Risk Team, where you will be a valued member of the audit team who will take ownership for the delivery of the Barclays Internal Audit (BIA) audit plan. 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. 

The Treasury and Capital Risk team in BIA are responsible for executing the audit plan across Barclays Treasury teams. The Treasury team covers areas including, Capital, Liquidity, Interest Rate Risk in the Banking Book (IRRBB) and Treasury Execution Activities. In addition to executing audits, the team is also responsible for maintaining relationships with key stakeholders within Barclays Treasury teams through Continuous Monitoring, keeping informed on the key business strategies, plans, processes, controls and risks across the business area.

To be successful you should have the below experience:

• Proven experience in either audit or a function which has resulted in a good understanding of risk and control activities related to Treasury and Capital Risk management

• Experienced working in Global banks with teams in multiple locations, with an understanding of the activities performed with the Treasury and Capital Risk teams in a bank.

• Strong understanding of key concepts and the evolving regulatory environment pertaining to Liquidity, Capital and IRRBB.

• Qualification in quantitative discipline (e.g. Accounting, Auditing, CFA)

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.

• Experience in Treasury, 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 lead the development and delivery of audits aligned to the bank’s standards and objectives

Accountabilities

• Leading the delivery of Continuous Monitoring activities, including engagement with senior stakeholders to discuss the relevance of business changes on risks, controls and the audit plan.
• Management of challenging stakeholder discussions regarding audit exceptions.
• Independent preparation and review of material in response to regulator requests.
• Management of actual or perceived conflicts to independence and objectivity for all owned audits.
• Development of an impactful annual audit plan.
• Production of audit reports, selecting the most appropriate language to use in different audit scenarios, with a clear understanding of the needs of the different users of the audit report.
• Management of the tracking, validation and closure of several audit issues across a portfolio, overseeing that issue closure is activity performed by others, ensuring they meet quality and timeline requirement and engaging effectively with stakeholders on contentious validation conclusions.

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.