Vice President, Business Oversight Compliance, BBPLC Chief Operating Office (COO)

Purpose of the role

To provide data-led expert oversight and check and challenge on business and compliance matters to evidence that the organisation is operating in a compliance with Barclays legal, regulatory and ethical responsibilities. 

Accountabilities

• Identification and assessment of compliance risks through thorough reviews of business activities, changes, processes, testing and systems to.
• Identification and investigation of potential market abuse, including but not limited to, Insider Dealing, Unlawful Disclosure, Market Manipulation or Anti-Competitive Conduct.
• Conduct investigation of compliance risk events or breaches. Oversight and check and challenge of corrective actions and preventative measures to avoid future occurrences.
• Implementation of compliance policies and procedures in line with regulatory requirements and ensuring that the bank’s internal policies are aligned with international standards, including jurisdictional requirements.
• Collaboration with 1LOD, other relevant Compliance teams and legal, and relevant risk management functions to facilitate a comprehensive approach to compliance and risk management.
• Identification, investigation and oversight of potential money laundering, terrorist financing or other financial crime.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• 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 be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills 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.

Join us as a key member of the BBPLC Chief Operating Office (COO) Business Oversight Compliance Team where you will provide day to day Compliance advisory services on regulatory reporting, primarily covering Barclays Large Shareholding and Position reporting including short selling and Takeover Panel reporting. Coverage will also include trade and transaction reporting in the region. The role will require you to work closely with the global Large Holdings Operations team, Trade and Transaction Reporting Operations team as well as Front Office and other functional areas including Legal and the Operations Risk, Chief Data and Controls Offices.

The role will encompass a diverse range of products and trading activities which you will provide Compliance oversight for in relation to the associated regulatory reporting requirements in the region. You will be working with Operations and other functional areas to provide support to regulator enquiries, exams, surveys and issue management, representing Barclays at industry forums, working groups and be on top of regulatory developments and be responsible for defining a verification check approach as second line oversight on this area.

The BBPLC Compliance team supports and advises across multiple businesses and has several key roles including: setting the tone and culture through the embedment of the risk and control frameworks; check and challenge business strategy development and execution through business engagement in governance forums; providing subject matter expertise in the practical interpretation of policy and regulatory requirements and their application.

To be successful, you will be required to have:

• A deep understanding and practical experience in APAC trade reporting, large shareholding, short selling, and/or takeover panel regulatory reporting requirements as they pertain to a complex finance institution.  Strong understanding of APAC regulatory reporting requirements under the MAS, HKMA, SFC, JFSA, ASIC, and preferably with good regulatory knowledge on large shareholding rules across key countries in region.

• Proven ability to interpret complex rules and regulations as part of day-to-day operations, regulatory change and remediation, and applying them in a clear and concise manner with sound judgement.

• Good understanding of CIB and PBWM businesses, and ability to communicate effectively with internal stakeholders to support regulatory change, issue resolution and escalation. 

• Strong attention to detail and ability to work through complex system flow and reporting logic, including having general ability to conduct verification checks on desks.

• Experience in liaison with regulators, trade repositories, vendors and representation in industry working groups and forums

• Able to exercise independent thought, and influence as well as challenge Senior Stakeholders, including an ability to confront conflict and difficult issues in a professional, assertive and proactive manner while remaining sensitive to business needs

• Able to work autonomously, to prioritise, plan and organise work efficiently and effectively to deliver promptly and reliably.

Some other highly valued skills may include:

• Strong mutual approach with the ability to grow and build trusted relationships within Compliance and employees in the business units and support and control functions.

• Confident, able to use initiative, excellent judgement and analytical with the ability to communicate clearly and effectively

• Strong presentation capabilities and a high level of attention to detail

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.

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific, and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.