At a Glance
- Tasks: Support audits to mitigate economic crime risks and ensure effective controls.
- Company: Join Barclays, a leading global bank committed to protecting customers from economic crime.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth and development.
- Other info: This role is based at the Glasgow Campus, offering a dynamic team atmosphere.
- Why this job: Make a real impact by safeguarding stakeholders and enhancing business integrity.
- Qualifications: Experience in risk-based auditing and strong communication skills are essential.
The predicted salary is between 43200 - 72000 £ per year.
Join us as an Internal Audit AVP within Barclays Internal Audit (BIA) Economic Crime team. This team is responsible for providing independent assurance over the effectiveness of controls to mitigate economic crime risk across the business. This includes the assessment of economic crime risk and development and execution of an audit plan to provide independent, reliable, valued, insightful and timely assurance to the Board and executive management.
To be successful in this role you need to:
- Be experienced in risk-based auditing or risk/control activities and demonstrate your passion for economic crime through theoretical or practical knowledge of economic crime legislation and industry guidance.
- Demonstrate the ability to work independently and within a team to support the delivery of the audit plan.
- Have excellent communication and interpersonal skills and high attention to detail and accuracy, via a structured, logical approach.
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 will be based at the Glasgow Campus.
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.
Assistant Vice President Expectations
To 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 in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes.
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.
For an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identifying the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/or projects, identifying a combination of cross-functional methodologies or practices to meet required outcomes.
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 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 practices (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.
Internal Audit Economic Crime AVP employer: VERCIDA
Barclays is an exceptional employer, offering a dynamic work environment at our Glasgow Campus where you can thrive as part of the Internal Audit Economic Crime team. We prioritise employee growth through continuous learning opportunities and foster a collaborative culture that values integrity, respect, and excellence. Join us to make a meaningful impact while enjoying competitive benefits and a supportive atmosphere that encourages innovation and professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Internal Audit Economic Crime AVP
✨Tip Number 1
Familiarise yourself with the latest economic crime legislation and industry guidance. This knowledge will not only help you understand the role better but also demonstrate your passion for the field during discussions.
✨Tip Number 2
Network with professionals in the internal audit and economic crime sectors. Attend relevant events or webinars to connect with potential colleagues and learn about the latest trends, which can give you an edge in interviews.
✨Tip Number 3
Prepare to discuss your experience with risk-based auditing and control activities in detail. Be ready to provide examples of how you've identified risks and contributed to effective controls in previous roles.
✨Tip Number 4
Showcase your communication skills by practising how to convey complex information clearly and concisely. This is crucial for the role, as you'll need to communicate findings and recommendations to various stakeholders.
We think you need these skills to ace Internal Audit Economic Crime AVP
Some tips for your application 🫡
Understand the Role:Before applying, make sure you fully understand the responsibilities and expectations of the Internal Audit AVP position. Familiarise yourself with economic crime legislation and the specific skills required for the role.
Tailor Your CV:Customise your CV to highlight relevant experience in risk-based auditing and economic crime. Use specific examples that demonstrate your ability to work independently and as part of a team, as well as your communication skills.
Craft a Compelling Cover Letter:Write a cover letter that showcases your passion for economic crime and your understanding of the industry. Mention how your skills align with the job requirements and how you can contribute to the Barclays Internal Audit team.
Highlight Key Skills:In your application, emphasise key skills such as strategic thinking, risk assessment, and your ability to communicate complex information effectively. Provide examples of how you've successfully applied these skills in previous roles.
How to prepare for a job interview at VERCIDA
✨Showcase Your Knowledge of Economic Crime
Make sure to brush up on economic crime legislation and industry guidance. Be prepared to discuss how your theoretical or practical knowledge can contribute to the team's objectives and the importance of mitigating economic crime risks.
✨Demonstrate Risk-Based Auditing Skills
Highlight your experience in risk-based auditing or risk/control activities during the interview. Provide examples of how you've successfully identified operational risks and contributed to audit plans in previous roles.
✨Communicate Effectively
Since excellent communication skills are crucial for this role, practice articulating complex information clearly and concisely. Prepare to discuss how you would communicate key findings and recommendations to stakeholders.
✨Emphasise Team Collaboration
Be ready to share examples of how you've worked independently and as part of a team. Discuss your approach to collaborating with colleagues and other business divisions to achieve common goals and deliver high-quality audits.
