Barclays Internal Audit - Markets - Credit AVP

Barclays•New York, NY

3d•$95,000 - $150,000•Onsite

About The Position

The purpose of the role is 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. This role involves audit development and delivery support, including financial statements, accounting practices, operational processes, IT systems, and risk management. It also includes identification of operational risks to support the delivery of the Barclays Internal Audit (BIA) Audit Plan through risk assessments, and 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, and identification of regulatory news and industry trends/developments to provide timely insight and recommendations for best practice are also key aspects of this role. The Assistant Vice President (AVP) Expectations include advising and influencing decision making, contributing to policy development, and taking responsibility for operational effectiveness. Collaboration with other functions/business divisions is essential. For leadership roles, AVPs are expected to lead a team performing complex tasks, using well-developed professional knowledge and skills to deliver on work that impacts the whole business function, set objectives, coach employees, appraise performance, and determine reward outcomes. People Leaders are expected to demonstrate clear leadership behaviors (Listen and be authentic, Energise and inspire, Align across the enterprise, Develop others) to create an environment for colleagues to thrive. For individual contributors, they will lead collaborative assignments, guide team members, identify the need for other specializations, and identify new directions for assignments/projects. They will consult on complex issues, provide advice to People Leaders, identify ways to mitigate risk, and develop new policies/procedures. They will take ownership for managing risk and strengthening controls, perform work closely related to other areas, and collaborate with other areas of work for business-aligned support. Engagement in complex analysis of data from multiple sources to solve problems creatively and effectively, and communication of complex information are also expected. All colleagues are expected to demonstrate Barclays Values (Respect, Integrity, Service, Excellence, Stewardship) and the Barclays Mindset (Empower, Challenge, Drive).

Requirements

Experience in all stages of audit lifecycle including audit planning, fieldwork, and reporting
Audit experience in mid-to-large organizations or financial services familiarity through non-audit roles
Understanding of the regulatory environment
Audit documentation skills including audit fieldwork, continuous monitoring, and issue validation
Proven written and verbal communication skills with a collaborative approach to stakeholder engagement
Risk and controls
Change and transformation
Business acumen
Strategic thinking
Digital and technology
Job-specific technical skills

Nice To Haves

Knowledge of emerging financial products and services
Relevant professional qualifications such as CPA, CFA, or CISA
Strong analytical skills with attention to detail

Responsibilities

Support the development of audits aligned to the bank’s standards and objectives.
Provide accurate information and recommendations.
Comply with policies and procedures.
Provide audit development and delivery support, including financial statements, accounting practices, operational processes, IT systems and risk management.
Identify operational risks to support the delivery of the Barclays Internal Audit (BIA) Audit Plan through risk assessments.
Assess internal control effectiveness and their capability to identify and mitigate risk aligned to regulatory requirements.
Communicate key findings and recommendations to stakeholders, including the Audit Owner, senior managers and directors.
Identify regulatory news and industry trends/developments to provide timely insight and recommendations for best practice.
Advise and influence decision making.
Contribute to policy development.
Take responsibility for operational effectiveness.
Collaborate closely with other functions/ business divisions.
Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function.
Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes.
Demonstrate leadership behaviors to create an environment for colleagues to thrive and deliver to a consistently excellent standard.
Lead collaborative assignments and guide team members through structured assignments.
Identify the need for the inclusion of other areas of specialisation to complete assignments.
Identify new directions for assignments and/or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
Take ownership for managing risk and strengthening controls in relation to the work done.
Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
Communicate complex information.
Influence or convince stakeholders to achieve outcomes.
Demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship.
Demonstrate the Barclays Mindset – to Empower, Challenge and Drive.
Provide independent and reliable assurance to executive management and the Board on governance, risk management, and control effectiveness.
Contribute to audit planning and execution, risk assessment, control evaluation, and issue resolution.
Deliver high-quality audit observations.
Support the development of actionable recommendations to improve business processes.