Internal Audit - VP US Finance & Tax

Barclays • New York, NY

7d • Onsite

About The Position

Join us as an Internal Audit - VP US Finance & Tax, where you will use analytical skills, attention to detail, and communication abilities to review the effectiveness of Barclays’ Finance and Tax processes. You will work with teams across Finance, Risk, Treasury, Technology and Models while providing input on regulatory requirements and risk assessments. The ideal candidate has a collaborative approach and professional qualifications such as CPA, CFA, CIA, or FRM. Experience with regulatory environments, data analytics, and regulatory requests is helpful.

Requirements

• Experience in Internal Audit, financial statement analysis, financial regulatory reporting, tax, risk weighted assets (RWA), impairment, regulatory compliance, or enterprise risk within banking
• Knowledge of US GAAP, IFRS, Basel, and regulatory expectations related to financial and capital reporting
• Ability to identify and assess key controls in complex environments and/or processes
• Audit leading (planning, fieldwork, reporting), documentation and analytical skills with a high degree of attention to detail
• Proven written and verbal communication skills demonstrating a collaborative approach across a range of stakeholders and analytical skills
• Ability to lead continuous monitoring activities to proactively identify emerging risks and provide timely input into audit planning, including informing changes to the audit universe, risk assessments, and planned audit coverage.

Nice To Haves

• Relevant professional qualifications such as CPA, CFA, CIA, or FRM would be beneficial
• Experience in working on regulatory requests and with regulators
• Experience in executing data analytics or designing data analytics test strategies and working with data analytics teams
• You may be assessed on key critical skills relevant for success in this role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

Responsibilities

• 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.
• 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.
• Use analytical skills, attention to detail, and communication abilities to review the effectiveness of Barclays’ Finance and Tax processes.
• Work with teams across Finance, Risk, Treasury, Technology and Models while providing input on regulatory requirements and risk assessments.
• Lead continuous monitoring activities to proactively identify emerging risks and provide timely input into audit planning, including informing changes to the audit universe, risk assessments, and planned audit coverage.

Benefits

• The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed