BUK - Business Oversight Compliance AVP

Job Description

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.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• 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 lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders 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 BUK Business Oversight Compliance - AVP at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences.

You may be assessed on the key critical skills relevant for success in role, such as experience with Business Oversight Compliance, as well as job-specific skillsets.

To be successful as a BUK Business Oversight Compliance - AVP, you should have experience with:

1.Design, maintenance and production of a monthly BOC insights and data pack for the vertical (i.e, Customer) to drive proactive oversight and challenge –

• Knowledge and experience of risk management including risk assessment tools, ERMF, RCSA, and Compliance Policies and Policy Standards.
• Proven ability to proactively set deadlines for the business and monitor progress, escalating if required; ability to proactively set deadlines for compliance actions and deliver them on time.
• Being digitally savvy and good at PowerPoint presentations.

2. To cover any topics/ issues which are data-led and lend themselves to a TRO-type approach. For example, including:

• Complaints.
• Issues Management and Controls reporting (feeding RCOMs and Controls committee).
• Awareness / Existing knowledge of Digital Products.
• Good understanding of the Enterprise Control Framework.
• The ability to build relationships, make impactful contributions and effectively influence business strategy.

3. Support core BUK Oversight Compliance (BOC) activity:

• Lead coordination of OneRA throughout the end-to-end process. 
• Lead coordination of feedback on Quarterly Conduct and Reputational Risk Dashboards.
• Supports completion of the Compliance role in Product Reviews, Consumer Duty / Fair Value Assessments.

4. To maintain Compliance Consumer Duty KI dashboard and drive usage through working across teams on key themes.

Essential Qualifications:

1.Decision-making and Problem Solving: The role requires extensive judgment and analytical skills. The complexity and breadth of coverage is such that extensive cooperation across compliance is required as well as the ability to analyze complex data and management information and support judgement across a wide range of regulations.

2. Risk and Control Objective: Take ownership for managing risk and strengthening controls in relation to the work you do. 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.

3. Graduate Degree, with relevant experience gained in the Bank and/or a similar financial institution in compliance function preferably at Global Off-shoring Centers/Regulatory Compliance role.

4. Understanding of the range of products and services within the firm and the ability to apply this to reporting requirements.

5. Experience around designing MI dashboards, analytics and insights.

Desirable skillsets:

1.  Strong stakeholder engagement and influencing skills at a senior level.

2. Confident and assertive manner. Develops relationships and manages stakeholder’s expectations professionally.

3. Building Relationships: Creates and maintains a culture in which trust, and mutual respect are valued challenging people and systems that do not support this.

4. Working Collaboratively: Builds a culture where involvement and sharing are seen as essential for the achievement of shared objectives and agenda.

5. Innovative self-starter with a challenging but positive and influential style. 

This role will be based out of Noida.