Business Oversight Compliance - BX

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 Business Oversight Compliance -BX 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. The candidate is expected to be well versed on Conduct Risk Management Framework including Compliance Standards.
You may be assessed on the key critical skills relevant for success in role, such as experience with a Business Oversight Compliance -BX, as well as job-specific skillsets.

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

• To work in close and continuing partnership with send-Centre Compliance teams to embed, track, monitor and advise on applicable regulatory frameworks, policies and guidelines that govern processes outsourced by Barclays to Business Units in BGSC.

• To provide Compliance advisory input to Functions and Business units in BGSC, e.g., Human Resources, Finance, Risk, CRES, Procurement, Sourcing, Operations, Technology and various other teams within BGSC on an ongoing basis.

• To guide Business Units and Functions in the development and implementation of local compliance procedures, wherever required.

• To be the India-based Compliance advisory unit on Conduct/Culture; and to conduct training on Policies and Standards pertaining to Conduct Risk.

• To provide Compliance inputs for various Governance Forums and Control Forums for BGSC.

• To undertake Internal Risk and Control Self Assessments (RCSA) and Verification Checks (VC) as applicable.

• Maintain regular communication/liaison with relevant senior management, business and others to ensure that they are aware of the business and regulatory risks, including advising them of significant policy matters, breaches, if any identified, accordingly, to log issues and also issue breach notification or Policy reminders.

• To work with APAC control room and other Compliance colleagues with regards to ad hoc inquires and queries.

Essential Skills:

• Graduate Degree, with relevant experience of working as a Mid -Senior Manager in the Bank and/or a similar financial institution in compliance function preferably at Global Off-shoring Centre’s/Regulatory Compliance role.

• Proven ability to manage senior stakeholder relationships and negotiate to establish solutions to a wide range of issues.

• Experience of designing, communicating and implementing compliance policies.

• Comprehensive understanding of compliance frameworks and processes.

• Ability to communicate compliance concepts clearly, in a business context.

• Ability to apply broad knowledge and reasoned experience when addressing complex issues and communicate findings in straightforward terms to employees at all levels in the organization.

Desirable Skills:

• Has excellent business judgement and a willingness to exercise it.

• Has a professional demeanor and possesses considerable presence, impact and gravitas and will command respect within the organization.

• Is proactive, energetic and resilient individual with a can-do approach.

• Is capable of inspiring and influencing colleagues both upwards and downwards and internally and externally.

• Is a self-starting and results-focused individual.

• Has a pragmatic approach to problem-solving, a flexible, consultative working style and possesses the ability to drive change.

• Able to work constructively across a diverse range of stakeholders.

• Demonstrates and promotes the Barclays values in all their endeavors.

• Professional qualifications such as Chartered Accountant/Company Secretary/Law would be added advantage.

This role will be based out of Pune.