Barclays Internal Audit Prudential Regulatory Reporting VP

Job Description

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   over prudential   regulatory reporting,   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.

- M anaging a team,   defining roles   and responsibilities, planning for the department’s future needs and operations   and   counselling employees on performance and contributing to employee pay decisions/changes.

- S ubject matter expert within own discipline and will guide technical direction.   L ead team members through structured assignments , provide training and coaching   and   identify   the need for the inclusion of other areas of specialisation to complete assignments.

- 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   trust ed   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.

Join us as a VP within the Barclays   Global   Internal Audit (BIA)   Risk   and   Finance team   where you will be a valued member of the audit team who will   su pport 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 p erform control design   and operating   assessments ,   conduct   reperform ance testing   and will   be responsible for   preparing audit workpapers and documentation within audit tools.   Supported by the Portfolio Manager, you will lead on   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   G lobal BIA   Risk and   Finance   team.

Essential Skills/Basic Qualifications:

- In depth experience of providing   ‘ assurance ’   in the third line   or   other line of defence   at a financial institution , a consultancy and/or audit firm
- Deep   technical knowledge of regulatory prudential   r equirements and associated reporting, governance and controls   including   one or more of the :

- Prudential Capital Requirements -   Credit, Counterparty   and   Market   Risk   RWA requirements , Large Exposures , Own Funds and MREL and Leverage requirements
- Prudential   Liquidity   Requirements   -   6G, L CR , N SFR
- COREP and PRA prudential reporting
- Basel 3.1 and FRTB requirements
- Experienced working in   or with   Global banks with teams in multiple locations.
- In depth knowledge and experience of retail and/or investment banking products, preferably in a Financial Control, Regulatory Reporting,   Internal Audit   or Risk and Regulatory consultancy   role
- Excellent communication skills, ability to communicate effectively with stakeholders using a variety of communication styles.

Desirable skills/Preferred Qualifications:

- Experience of managing relationships with senior stakeholders
- 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 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.