Director, Professional Practices Lead

Barclays Overview

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.

We are an equal opportunity employer and we are opposed to discrimination on any grounds.

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 service 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, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs.

Hybrid Working

We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We’re flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances Please discuss the detail of the working pattern options for the role with the hiring manager.

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Overall purpose of role

The core responsibility of the Professional Practices Lead within the BIA Shared Services is to support the BIA Global Head of Professional Practices, Regulatory Engagement & Learning in the implementation and development of leading practices. This includes:

·Managing BIA’s conformance to the International Professional Practices Framework (IPPF) and IIA Standards, Financial Services Code, Basel and Federal Reserve 1301 guidance ahead of BIA Quality Assurance Review;

·maintaining updated department procedures in line with current practice; proposing and implementing improvements of audit professional practices;

·Providing and / or assisting in Americas regional methodology / audit tools training and leading in regional regulatory methodology responses;

·Providing or assisting in regional methodology / audit tools training; managing the stakeholder and auditor feedback process;

·Role holder would form part of the BIA Americas Management Team

·Managing the updates to the progression tool competencies;

·Monitoring the safe transfer of portfolios between the Portfolio Manager and monitoring of the Topic Role Holder and Audit Owner register and nomination process;

·representing BIA in selected Barclays forums as users of the ERMF (including relevant policies e.g., the Issues Management Standard);

·Managing BIA’s lessons learnt process in line with Federal Reserve 1301 guidance;

·Participating in Americas regional meetings and regional working groups to support initiatives;

·Representing the department in Americas regional professional practices peer events.

BIA has a commitment to develop our colleagues and creating an environment where people are passionate about personal development and taking accountability for driving their career path in Barclays.

Key Accountabilities

·Drive BIA’s conformance to the International Professional Practices Framework (IPPF) and IIA Standards, Financial Services Code, Basel and Federal Reserve 1301 guidance ahead of BIA Quality Assurance Review.

·Demonstrating a sound understanding and being an active advisor on sound auditing practices of auditing practices and BIA methodology and its impact on Audit delivery in a period of increased regulatory scrutiny.

·Maintaining updated department procedures in line with Barclays Policies and leading internal audit practice.

·Lead the monitoring of the safe transfer of portfolios between the incoming and outgoing Portfolio Manager

·Lead the monitoring of the Topic Role Holder and Audit Owner register and nomination process;

·Providing and / or assisting in Americas regional methodology / audit tools training and leading in regional regulatory methodology responses;

·Representing BIA in selected Barclays forums that have an impact on auditing practices e.g., as users of the ERMF (including relevant policies e.g., the Issues Management Standard) from a Professional Practices;

·Managing the stakeholder and auditor feedback process;

·Actively support the implementation and development of BIA Methodology changes.

·Actively support the updates to the progression tool competencies in line with leading auditing practice;

·Managing BIA’s lessons learnt process in line with Federal Reserve 1301 guidance;

·Participating in Americas regional meetings and regional working groups to support initiatives;

·Representing BIA in Americas regional professional practices peer events.

·Support the Head of Learning in the management of the Americas Faculty Development Programme (FDP) to maintain pool of internal coaches.

·Actively support Head of Learning in the design, facilitation Americas team development days.

·Actively support Head of Early Careers in the management of Americas Early Careers programmes, including summer internship and graduate programmes to develop BIA’s talent pipeline.

·Active “ambassador” in Americas, working with the Quality Assurance, Methodology and Training teams to understand and Support delivery of tailored interventions where necessary.

·Provide additional local expert advice to BIA colleagues on BIA methodology, audit risk and regulators’ expectations of internal audit functions.

Stakeholder Management and Leadership

The key stakeholders and relationships the role will interact with include:

·The BIA Global Head of Shared Services, BIA Global Head of Professional Practices, Regulatory Engagement & Learning, BIA Global Head of Quality Assurance and the Shared Services Management Team across UK, Americas and Asia.

·The IHC Chief Internal Auditor, IHC Management Team, BIA Portfolio Managers and colleagues globally.

·BIA’s regulators and external parties, where necessary.

·BIA Chief of Staff / Business Management team

Decision-making and Problem Solving

The role holder will be required to apply critical judgement when assessing the quality, effectiveness and efficiency of BIA processes.

Risk and Control Objective

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.

Person Specification

See skills and qualifications below.

Essential Skills/Basic Qualifications:

·Strong written and verbal communication skills demonstrating a collaborative approach across a range of stakeholders, including senior colleagues.

·Experience of various of the business lines, processes and functions of a global universal bank

·Practical understanding of regulatory environment in Financial Services. Experience of engaging with financial services regulators, particularly in the US and UK.

·Proven team player, supporting colleagues to achieve team objectives.

Desirable skills/Preferred Qualifications:

·Expert understanding of BIA methodology and audit risk.

·Broad knowledge of internal auditing practices, standards and regulations.

·Experience of delivering professional training

Purpose and Values

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.