Vice President (VP) – Finance Control Assurance – Barclays

 Opportunity & Grade Overview

Core Assurance & Audit Workflow

The role focuses on leading independent control assessments, evaluating design and operating effectiveness, and driving continuous improvement across Investment Banking and Markets finance operations:

[Strategic Risk & Control Assessment] ➔ [Design & Operating Effectiveness Testing] ➔ [Deficiency Remediation & Escalation] ➔ [Senior Stakeholder & Regulatory Governance]

Key Responsibilities & Accountabilities

• Control Testing & Framework Assurance: Direct and execute design assessments and operating effectiveness testing (OET) of internal controls across Business Units in compliance with policies, standards, and testing plans.

• Test Plan Development & Prioritization: Formulate comprehensive test procedures to identify control deficiencies. Prioritize risks based on financial loss potential, operational disruption, and reputational impact.

• Senior Stakeholder Reporting: Communicate key audit findings, control weaknesses, and remediation strategies to senior management, functional leadership, and external stakeholders.

• Knowledge Center & Capability Building: Build and maintain centralized control assessment documentation, testing standards, and upskilling programs across internal teams.

• Strategic Issue Resolution: Collaborate across control, finance, and technology functions to resolve complex governance challenges and unify testing methodologies bank-wide.

Technical & Professional Qualifications

Essential / Baseline Requirements

• Audit & Risk Assurance Background: Extensive track record in risk management, internal audit, or controls assurance within global banking or financial institutions.

• Regulatory & Framework Mastery: Strong command of Sarbanes-Oxley (SOX), COSO Framework, and risk management practices.

• Domain Expertise: Exposure to the Banking & Markets division, Investment Banking products, and Markets Finance functions.

• Executive Communication: Proven ability to articulate complex internal control and risk concepts clearly to functional leaders and senior executives.

Desirable & Advanced Competencies

Vice President (VP) Scope & Strategic Expectations

As a Vice President (VP), the candidate operates as a senior leader responsible for driving strategy, managing resources, and advising executive leadership:

1. Leadership Modes

• People Leader Track: Define team roles, manage departmental operations, plan budgets and resources, set performance targets, and demonstrate Barclays’ LEAD behaviors (Listen, Energise, Align, Develop).

• Individual Contributor Track: Serve as an enterprise subject matter expert (SME), direct multi-year strategic assignments, coach junior specialists, and influence long-term organizational risk posture.

2. Strategy, Governance, & Influence

• Strategic Advisory: Advise senior functional leadership on cross-functional risks, strategic alignment, policy changes, and control optimization.

• Analytical Problem Solving: Apply advanced analytical and interpretive thinking to construct solutions for complex organizational alternatives.

• Stakeholder Partnerships: Build and maintain high-trust relationships with internal business heads and external regulatory stakeholders.