Job Title: Regulatory Assurance AVP

Location: Chennai

About Barclays

Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full-service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations, and functional services across the Group.

Risk and Control Objective

Take ownership for managing risk and strengthening controls in relation to the work you do.

Working Flexibly

We're committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees globally to work flexibly empowers each of us to work in a way that suits our lives, as well as enabling us to better serve our customers' and clients' needs. Whether you have family commitments or you're a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, please discuss this with the hiring manager, and your request will be reviewed subject to business needs.

Hybrid Working

Structured hybrid role: At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home. Colleagues work at an onsite location on fixed, 'anchor', days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager.

Introduction

Barclays will be undergoing significant regulatory change in 2024 and 2025 due to the introduction of Basel IV for both our UK and Irish Regulated entities. This role will be involved in the execution of independent assurance activities on Prudential regulatory reporting that Barclays is responsible for, ensuring the implementation from the production teams is consistent with regulatory requirements for both calculation of regulatory requirements and associated disclosures (COREP/Pillar 3).

This role will help lead the assurance activity from the Regulatory Capital TC in Chennai, working with counterparts in London to plan and execute the required assurance activities from a change implementation perspective and ongoing BAU. This role will sit within the Regulatory Capital TC Assurance (QA) team.

What will you be doing?

- Responsible for executing the assurance cycles for Prudential Regulatory Reporting in multi-year future cycles.

- Documentation of the assurance outcomes for senior management, identifying areas of improvement and remedial plans to resolve.

- Undertake and manage re-performance and data accuracy testing across the Prudential Regulatory disclosures (COREP and Pillar 3) with assistance from technical SMEs in London/Chennai.

- Maintain and update the prioritization and scoping methodologies for assurance using prior experience in similar roles related to assurance and audit.

What we're looking for:

- Qualified Accountant - ACA or equivalent with experience within financial audits/assurance.

- Prior experience in a top-tier bank or similar financial institution, or a large blue-chip corporate.

- Strong written, Excel, and PowerPoint skills and previous experience managing and working with large volumes of data in an audit/assurance environment.

- Excellent stakeholder engagement skills and understanding and executing requirements/expectations.

- Excellent analysis and problem-solving skills with a specific focus on assurance and ensuring stakeholders can support in helping resolve challenges/issues.

Skills that will help you in the role:

- Able to effectively cope with multiple deliverables with deadlines.

- Excellent verbal and written communication skills.

- Strong control awareness. Escalates breaches of policies and procedures appropriately.

- Willingness and ability to take ownership of issues and manage through to a successful resolution.

Where will you be working?

Chennai

Be More at Barclays

At Barclays, each day is about being more - as a professional and as a person. 'Be More @ Barclays' represents our core promise to all current and future employees. It's the characteristic we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.

Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.

Purpose, Values and Mindset

We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.

Our values underpin everything we do: Respect, Integrity, Service, Excellence, and Stewardship.

Respect

We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution.

Integrity

We operate with honesty, transparency and fairness in all we do.

Service

We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.

Excellence

We champion innovation, and use our energy, expertise, and resources to make a positive difference.

Stewardship

We prize sustainability, and are passionate about leaving things better than we found them.

Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.

Empower

Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.

Challenge

Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.

Drive

Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.