SOX Analyst - Finance Governance and Controls


Barclays Bank


Posted Under: Wilmington, Delaware jobs in Accounting, Auditing; Accounting, Auditing jobs in zipcode 19801
Posted On: 2019-01-13 00:00:00

JobTitle SOX Analyst- Finance Governance and Controls Location125 S West St,Wilmington DE 19801 AboutUs Barclaysis a transatlantic consumer, corporate and investment bank offering productsand services across personal, corporate and investment banking, credit cardsand wealth management, with a strong presence in our two home markets of the UKand the US. Our goal is to become the bank of choice by providing superiorservices to customers and clients and supporting our stakeholders via acommercially successful business that generates long-term sustainable returns. About Barclays in the US Barclays offers corporateand investment banking and credit card services in the US. Our 10,000 UScolleagues are located in offices across the country, with headquarters in NewYork City. In 2017, Barclays announced plans to create a world-class campus inWhippany, New Jersey, for our Technology, Operations and Functional teams inthe US. Other principal locations include Delaware, Nevada, Ohio and Maine. About Chief Controls Office, FinanceGovernance and Controls The CCO is structured tomirror and support the overall bank, with CCO teams looking after theTechnology, Risk, Compliance, Security and Finance functions across BarclaysUK, Barclays International and Barclays Execution Services legal entities. The CCO is a team within theChief Operating Office (COO) that operates across the bank to strengthen theControls environment. This is being achieved by strengthening the existingcontrols framework that is already in place and by introducing new controlswhere there might be gaps. The team is an integral part of Barclays' emphasison maintaining and enhancing an effective control framework in order to meetour business needs and regulatory requirements, as well as protect theinterests of our clients, customers and shareholders. About Finance Governance and Controls The Finance Governance &Controls (FG&C) team is responsible for the Governance & Controlframework for the Finance Function, acting as subject matter experts forcontrol issues including the planning and execution of Sarbanes-Oxley (SOx) andthe Federal Deposit Insurance Corporation Improvement Act (FDICIA) internalcontrols testing. FG&C ensuresintegrity of financial information by implementing and monitoring appropriatecontrols throughout the organization. In addition, a primary role of FG&Cis to collaborate with each of the Finance functions we support to developinnovative ways of adding shareholder value. This is achieved by striving toexecute in a consistent and timely manner and by implementing best practicesglobally. Overall Purpose of role The FG&C SOX Analystprovides assistance to the FG&C Manager in defining the control objectivesand monitoring compliance efforts. The FG&C SOX Analyst will perform thetest of design effectiveness as well as operating effectiveness of the internalcontrols impacting financial reporting, facilitate the remediation of controlgaps, and escalate possible critical issues to the senior management of thecompany. The FG&C SOX Analyst identifies areas of potential improvement forkey processes and procedures and supports the management of the relatedprocesses and procedures. The individual will evaluate the review and analyzedata pertaining to information systems functions relative to Sarbanes-Oxley andFederal Deposit Insurance Corporation Improvement Act of 1991 compliance. YourRole* Manage the assigned SOx and FDICIA Design Effectiveness Assessment(DEA) process, which includes oversight of organizing and conductingwalkthrough meetings with control owners and challenging the design of existingcontrols.* Manage the assigned SOx and FDICIA Operating Effectiveness Testing(OET) process, which includes oversight of the selection of appropriate samplesand review of testing procedures in line with the Barclays SOx Methodology.* Reporting and communication of SOx or FDICIA findings to the FG&Cmanager and control owners.* Review of issue remediation documentation.* Provide training and guidance on the SOx process to control owners.* Provide regular reporting and feedback to the management team andexternal auditors. StakeholderManagement and Leadership* This role requires regular interaction with control owners across theFinance, Operations and Technology departments.* The individual is expected to be able to clearly articulate andeffectively present. Decision-makingand Problem Solving* The role requires the ability to assess control issues and form anopinion on the impact of identified control weaknesses.* The individual will be required to assess issues to determine thepotential impact of an associated error on the financial statements and determineappropriate escalation at the local, business or Group level, as appropriate. BasicQualifications/Skills* Bachelor Degree* 3 years of experience with financial services, audit discipline and/orcredit cards PreferredQualifications/Skills* Strong understanding of internal controls and governance in FinancialServices* Experience of working independently to assess, improve and enhance aprocess* Able to strongly demonstrate a pragmatic approach to problem solving* Able to effectively challenge current processes and developrecommendations for alternate effective solutions* Execution and delivery-focused, able to drive a process forwardeffectively and efficiently in a timely manner* Team player* Excellent communication and interpersonal skills and be able toeffectively communicate at all levels* Able to efficiently manage multiple pieces of work simultaneouslywhilst keeping manager informed of issues and progress in a timely manner* Able to grasp new concepts quickly and work with little or nosupervision* Strong analytical thinking and problem-solving skills Risk andControl Objective All Barclayscolleagues have to ensure that all activities and duties are carried out infull compliance with regulatory requirements, Enterprise Wide Risk ManagementFramework and internal Barclays Policies and Policy Standards. Your Application To beconsidered for this role, click on the apply button now. BarclaysValues & Diversity Dynamic working giveseveryone at Barclays the opportunity to integrate professional and personallives, if you have a need for flexibility then please discuss this with thehiring manager. We are an equalopportunity employer and we are opposed to discrimination on any grounds. It isthe policy of Barclays to ensure equal employment opportunity withoutdiscrimination or harassment on the basis of race, colour, creed, religion,national origin, alienage or citizenship status, age, sex, sexual orientation,gender identity or expression, marital or domestic/civil partnership status,disability, veteran status, genetic information, or any other basis protectedby law.