Barclays

Finance / FinServ

AVPFinanceSOXAssurance

Chennai, India FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid candidates.

The Brief

“AVP Finance SOX Assurance at Barclays. Skills: SOx Assurance, Internal controls framework, Risk Management. Provide independent insurance on control processes. Advise on improvements to ensure the efficiency and effectiveness of the bank’s internal controls framework”

What You'll Achieve.

Ensure the efficiency and effectiveness of the bank’s internal controls framework; Mitigate any potential risks and issues; Improve overall control efficiency; Deliver on work that impacts the whole business function; Achieve the objectives of the organisation sub-function; Keep up to speed with business activity and the business strategy; Achieve required outcomes

Industry & Context.

Finance / FinServ
Problems you'll solve

Ability to interpret, analyse and derive logical conclusions on data patterns; Solve problems creatively and effectively

What They're Looking For.

Must Have

Qualified Chartered accountant with articleship experience in a reputed firm / MBA Finance with relevant work experience, Understanding of SOx and Risk Management practices including but not limited to Internal Audit, Ability to communicate internal control concepts clearly, in a business context, Ability to interpret, analyse and derive logical conclusions on data patterns, Verbal and written communication skills to deal with internal and external stakeholders

Nice to Have

Technical and working knowledge of internal control and regulatory requirements & practice e. g. Sarbanes-Oxley, COSO, Basic awareness of the specific current requirements of the IFRS/US GAAP/IAS regimes

What You'll Do.

Provide independent insurance on control processes

Advise on improvements to ensure the efficiency and effectiveness of the bank’s internal controls framework

Execution of ad-hoc assessments and testing on the design and operational effectiveness of the internal controls

Development of detailed test plans and procedures to identify weaknesses in internal controls

Communication of key findings and observations to the relevant stakeholders and business units

Provide corrective actions to senior managers

Resolve complex issues

Ensure consistent testing methodologies across the bank

Development of a knowledge centre containing detailed documentation of control assessments

Advise and influence decision making

Contribute to policy development

Take responsibility for operational effectiveness

Lead a team performing complex tasks

Set objectives and coach employees

Appraisal of performance relative to objectives

Determination of reward outcomes

Lead collaborative assignments

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

Consult on complex providing advice to People Leaders to support the resolution of escalated issues

Identify ways to mitigate risk

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

Collaborate with other areas of work

for business aligned support areas

Engage in complex analysis of data from multiple sources of information

Solve problems creatively and effectively

Communicate complex information

Influence or convince stakeholders to achieve outcomes

Managing and providing the full range of control services to the Finance Function to support risk management across the Controls environment

How You'll Work.

Team & Collaboration

Collaboration across the bank; Collaboration with other control professionals; Collaborate closely with other functions/ business divisions; Collaborate with other areas of work

Communication Scope

Ability to communicate internal control concepts clearly, in a business context; Verbal and written communication skills to deal with internal and external stakeholders; Keeps stakeholders (including Auditors) up-to-date with the progress of the audit work, observation status; Communicate complex information

Full Job Description

# **Job Description** **Purpose of the role** To partner with the bank, to provide independent insurance on control processes and advise on improvements to ensure the efficiency and effectiveness of the bank’s internal controls framework. **Accountabilities** * Collaboration across the bank to maintain a satisfactory, robust, and efficient control environment through the execution of ad-hoc assessments and testing on the design and operational effectiveness of the internal controls, aligned to control policies and standards. * Development of detailed test plans and procedures to identify weaknesses in internal controls and other initiatives aligned to the bank’s control framework to mitigate any potential risks and issues, prioritised by its severity to disrupt bank operations, potential losses, and reputational impact. * Communication of key findings and observations to the relevant stakeholders and business units to improve overall control efficiency and provide corrective actions to senior managers. Collaboration with other control professionals to resolve complex issues and ensure consistent testing methodologies across the bank. * Development of a knowledge centre containing detailed documentation of control assessments, testing on design and operational effectiveness of procedures, findings, and the distribution of material on internal controls to train and upskill colleagues within the bank. **Assistant Vice President Expectations** * To advise and influence decision making, contribute to policy development and 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 * If the position has leadership re

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