Controls Assurance - AVP

Barclays; Hinoba-an; On-site; PHP 1,643,000 - 2,760,000; Full time

Job summary

Barclays is seeking a Control Assurance – AVP to lead the evolution of the bank's control environment. You will assess design and operating effectiveness of internal controls, partner with multiple functions, and drive improvements across risk and control frameworks.

The role emphasises risk-based testing, stakeholder communication, and the development of robust control documentation. Based in Gurugram, the position requires strong governance and data-driven decision making.

Qualifications

• Effective written and oral communication skills and ability to present credibly to senior stakeholders.
• Working knowledge of operational risk and control processes and ability to demonstrate a risk management mindset.
• Good understanding of SOx requirements and the COSO framework as applied to internal controls over financial reporting.
• Experience in Product/Financial Control/Regulatory reporting and/or Auditing, preferably in Financial Services.
• Experience Identifying, documenting, and testing controls.
• Formal accounting qualification (ACCA, CIMA, ACA or equivalent).
• Ability to understand and drive improvements to a risk and control framework.

Responsibilities

• Collaborate across the bank to maintain a robust control environment and perform ad-hoc assessments.
• Develop detailed test plans to identify weaknesses in internal controls and mitigate risks.
• Communicate findings to stakeholders and ensure consistent testing methodologies.
• Create a knowledge centre documenting control assessments and training material.

Skills

Communication skills

Risk management mindset

SOx & COSO knowledge

Internal controls testing

Auditing experience

Education

Formal accounting qualification (ACCA, CIMA, ACA or equivalent)

Tools

Excel

Alteryx

Tableau

Job description

Join us as a Control Assurance – AVP at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionise our digital offerings, ensuring unapparelled customer experiences.

You may be assessed on the key critical skills relevant for success in role, such as experience with managing and providing the full range of control services to the Finance Function to support risk management across the Controls environment as well as job-specific skillsets.

To be successful as a Control Assurance – AVP, you should have experience with:

Basic/Essential Qualifications:

• Effective written and oral communication skills, with the ability to present credibly to senior stakeholders
• Working knowledge of operational risk & control processes and practices, including experience in their application across functions with ability to demonstrate a risk management mindset.
• Good understanding of SOx requirements and the COSO framework and its application to internal controls over financial reporting
• Experience in Product Control/Financial Control/Regulatory reporting and/or Auditing, preferably in Financial Services.
• Experienced in identifying, documenting, and testing controls
• Formal Accounting qualification (ACCA, CIMA, ACA or equivalent).
• Ability to understand, implement and drive improvements to a risk & control framework

Desirable skillsets/ good to have:

• Strong Excel skills including extensive experience in managing large quantities of data, pivots, formulas, Vlookup.
• Experience with Data Analytics tools and technologies (such as Alteryx, Tableau etc) would be an added advantage

This role will be based out of Gurugram.

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

• 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. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders 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.