AVP Finance Chief Controls Office

About 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. The role is based out of Gurugram.

Key Responsibilities

• Execute design assessment and operating effectiveness testing of controls in accordance with testing plans and aligned to relevant policies, procedures and quality standards.
• Provide assurance to Management that processes and controls within the reviewed Business Unit are effectively designed and operating to mitigate identified risks.
• Collaborate 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 internal controls, aligned to control policies and standards.
• Develop 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 severity.
• Communicate key findings and observations to relevant stakeholders and business units to improve overall control efficiency and provide corrective actions to senior managers.
• Collaborate with other control professionals to resolve complex issues and ensure consistent testing methodologies across the bank.
• Develop 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.
• 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, appraise performance relative to objectives, and determine reward outcomes.
• For an individual contributor: Lead collaborative assignments and guide team members through structured assignments, identify the need for inclusion of other specialisations, and identify new directions for assignments/projects.
• Consult on complex issues, providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and develop 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 closely related to other areas, requiring understanding of how areas coordinate and contribute to organisational objectives.
• Collaborate with business aligned support areas to stay up-to-date with business activity and strategy.
• Engage in complex analysis of data from multiple internal and external sources to solve problems creatively and effectively.
• Communicate complex information, including sensitive or difficult-to-communicate content.
• Influence or convince stakeholders to achieve outcomes.

Requirements & Tech Stack

• Audit or assurance background.
• Deep business knowledge of Accounting and Reporting frameworks and controls (PC, FC, Treasury, Regulatory domains).
• Understanding of Investment banking products.
• Exposure to Banking & Markets division.
• Understanding of Markets finance functions.
• MS Office packages (Outlook, Word, Excel, Power-point).
• May be assessed on critical skills: risk and controls, change and transformation, business acumen, strategic thinking, and digital and technology.

Qualifications

• Experience in audit, assurance, SOX.
• Preferably with banking experience.
• Ability to communicate internal control concepts clearly, in a business context.
• Verbal and written communication skills to deal with internal and external stakeholders.
• Knowledge of internal control and regulatory requirements & practice (e.g., Sarbanes-Oxley, COSO, Basel IV regulations).
• Understanding of data analytics skills used in control testing.
• Demonstrate Barclays Values: Respect, Integrity, Service, Excellence and Stewardship.
• Demonstrate Barclays Mindset: Empower, Challenge and Drive.