VP/SVP Internal Audit Market Risk / Counterparty Credit Risk

This will be a high-profile role with a significant amount of exposure to senior stakeholders across Global Markets and the wider Bank. You will be required to:

• Assist in the coordination of the global team across the UK, India and New York.
• Drive global audits and independently land issues.
• Be the global team SME for Traded Risk.
• Have a deep working knowledge of the underlying regulations (both current and upcoming).
• Lead regulatory reviews from an Internal Audit perspective.

To be successful one should have experience with below:

• An SME in Market Risk and/or Counterparty Credit Risk, with an in-depth understanding of CRR regulatory requirements and upcoming Basel.
• Undergraduate and/or postgraduate education in Accounting, Finance, Risk Management, or a related field.
• Relevant professional certifications such as CPA, CIA, FRM, or CFA, or equivalent career experience in audit or risk management roles.
• Proficiency in data analytics and coding, with experience in tools like Tableau, Python, SQL, and other data science techniques.
• Excellent communication, analytical, and interpersonal skills to collaborate effectively with stakeholders and work independently or within a team.

You may be assessed on key critical skills relevant for success in the 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 based in London.

Purpose of the role

To lead the development and delivery of audits aligned to the bank's standards and objectives.

Accountabilities

• Leading the delivery of Continuous Monitoring activities, including engagement with senior stakeholders to discuss the relevance of business changes on risks, controls and the audit plan.
• Management of challenging stakeholder discussions regarding audit exceptions.
• Independent preparation and review of material in response to regulator requests.
• Management of actual or perceived conflicts to independence and objectivity for all owned audits.
• Development of an impactful annual audit plan.
• Production of audit reports, selecting the most appropriate language to use in different audit scenarios, with a clear understanding of the needs of the different users of the audit report.
• Management of the tracking, validation and closure of several audit issues across a portfolio, overseeing that issue closure is activity performed by others, ensuring they meet quality and timeline requirements and engaging effectively with stakeholders on contentious validation conclusions.

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, plan for the department's future needs and operations, counsel employees on performance and contribute 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.

Contact me for further details.