Barclays is seeking an experienced professional for the role of Internal Audit - US Treasury (Liquidity & IRRBB). The successful candidate will be responsible for auditing financial services and banking activities, with a focus on Treasury, Liquidity, and Interest Rate Risk in the Banking Book (IRRBB). You should possess a Bachelor's degree, preferably in STEM or
Finance/Economics and have a solid understanding of associated risks and controls. Strong analytical skills, attention to detail, and excellent written and verbal communication abilities are essential. The ideal candidate will also have experience in internal audit, particularly in Treasury/Liquidity/IRRBB, and demonstrate a collaborative approach with stakeholders. Additional skills that will be highly valued include relevant professional qualifications (e.g.,
CPA, CFA, CIA, CISA), practical knowledge of regulatory environments,
experience in regulatory requests, and proficiency in data analytics. A positive and collaborative team member, who supports colleagues to achieve team goals, is highly desired for this role.
To be successful as an Internal Audit - US Treasury (Liquidity & IRRBB), you should have experience with:
Bachelor’s degree (preferably in STEM or Finance/Economics).Experience in audit (preferably internal audit) for financial services / banking (preferably in Treasury/Liquidity/IRRBB).Good understanding of Liquidity and Interest Rate Risk in the Banking Book and associated Risk & Controls.Strong audit 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.Some other highly valued skills may include:
Relevant professional qualifications such as CPA, CFA, CIA, and CISA would be beneficial.Practical understanding of relevant regulatory environment, specifically related to Liquidity and Interest Rate Risk.Experience in working on regulatory requests and with regulators.Experience in executing data analytics or designing DA test strategies and working with data analytics teams.You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.
This role is located in New York.
Minimum Salary: $160,000
Maximum Salary: $190,000
The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available.
Purpose of the role
To support the development of audits aligned to the bank’s standards and objectives by working collaboratively with colleagues, providing accurate information and recommendations, and complying with policies and procedures.
Accountabilities
Audit development and delivery support, including financial statements, accounting practices, operational processes, IT systems and risk management.Identification of operational risks to support the delivery of the Barclays Internal Audit (BIA) Audit Plan through risk assessments.Assessment of internal control effectiveness and their capability to identify and mitigate risk aligned to regulatory requirements.Communication of key findings and recommendations to stakeholders, including the Audit Owner, senior managers and directors.Identification of regulatory news and industry trends/developments to provide timely insight and recommendations for best practice.Vice President Expectations
To 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.