SOx IB Analyst

At Barclays, we are seeking a highly motivated and detail-oriented individual to join our team as a SOx IB Analyst. In this role, you will play a crucial part in ensuring the accuracy and effectiveness of our company's internal controls over financial reporting. We are looking for someone who is passionate about financial compliance and has a strong understanding of SOx regulations. If you are a driven individual with excellent analytical skills and a strong attention to detail, we encourage you to apply for this exciting opportunity.

1. Conduct SOx compliance reviews: The SOx IB Analyst will be responsible for conducting audits and reviews to assess the effectiveness of internal controls over financial reporting in accordance with SOx regulations.
2. Identify control deficiencies: The analyst will analyze and evaluate internal controls to identify any potential deficiencies and work with management to develop appropriate remediation plans.
3. Collaborate with cross-functional teams: The role requires working closely with various departments, including finance, IT, and legal, to ensure that all processes and controls are compliant with SOx regulations.
4. Monitor changes in regulations: The analyst will stay updated on any changes to SOx regulations and assess the impact on the company's internal controls, making necessary adjustments as required.
5. Prepare and maintain documentation: The SOx IB Analyst will be responsible for maintaining accurate and organized documentation related to SOx compliance activities, including testing results and remediation plans.
6. Conduct training: The analyst will develop and conduct training programs to educate employees on SOx compliance and internal controls, promoting a culture of compliance within the organization.
7. Improve processes: The role involves identifying areas for process improvement and implementing best practices to enhance the efficiency and effectiveness of the company's internal controls.
8. Assist with external audits: The analyst will support external auditors in their review of the company's internal controls and provide necessary documentation and support as needed.
9. Report to management: The analyst will prepare and present reports to management and senior stakeholders on the status of SOx compliance, highlighting any deficiencies and recommending corrective actions.
10. Maintain confidentiality: The SOx IB Analyst must maintain the confidentiality and security of all financial and compliance-related information, adhering to company policies and procedures.

According to JobzMall, the average salary range for a SOx IB Analyst in Chennai, Tamil Nadu, India is approximately ₹7,50,000 to ₹12,00,000 per year. This may vary depending on the specific company, experience level, and job responsibilities.

Barclays plc is a British multinational investment bank and financial services company, headquartered in London. Apart from investment banking, Barclays is organised into four core businesses: personal banking, corporate banking, wealth management, and investment management.