Join us as a Barclays Internal Audit AVP – Operational Risk. In this role, you will provide independent and objective assurance over the Bank’s Operational Risk second line of defence (2LoD), focusing on how the 2LoD sets the Operational Risk Management Framework, performs effective review and challenge of the first line of defence (1LoD), and ensures adherence to regulatory requirements and internal standards.

You will contribute to audit planning and execution, including assessing governance and oversight, the quality of risk and control assessments and reporting, and the effectiveness of issue identification, escalation, and remediation tracking. You’ll deliver and communicate clear, evidence-based observations and agree practical, actionable recommendations with stakeholders.

To be successful as a Barclays Internal Audit AVP – Operational Risk, you should have:

• Internal audit (or equivalent assurance) experience in a mid-to-large organisation, with exposure to Operational Risk 2LoD activities (e.g., framework/standards, oversight governance, review and challenge)
• Strong analytical and critical thinking skills, with the ability to assess whether 2LoD oversight and challenge is effective, evidence-based, and appropriately documented
• Knowledge of the regulatory environment and supervisory expectations relevant to Operational Risk, and how these translate into 2LoD policies, standards, risk appetite, oversight activities, and reporting
• Clear written and verbal communication skills, with experience engaging and influencing stakeholders across 1LoD and 2LoD, including drafting concise audit reports and presenting conclusions to governance forums

Some other highly valued skills:

• Experience auditing or working within Operational Risk 2LoD coverage areas (e.g., ORMF/policy governance, RCSA oversight, operational resilience, third-party/outsourcing oversight, incident and issue management, risk events and escalation)
• Relevant professional qualifications (e.g., ACA/ACCA/CPA, CIA, CISA) or equivalent experience
• Data analytics capability to support audit testing and insight (e.g., SQL, Python, visualisation tools)

You may be assessed on 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 will be based in London.

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.
• OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify 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 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.