Join us at Barclays as a Regulatory Obligations Manger. This is a technical regulatory role supporting the UK and International Corporate Banking business. You will support the Corporate Bank to meet its product and conduct regulatory compliance risk, obligations and commitments through horizon scanning and leading and managing the Corporate Banking impact assessments across the global team. You will produce detailed impact assessments of regulations that impact Corporate Banking end-to-end (all products, coverage, supporting functional areas) and provide regulatory thought leadership for senior stakeholders.
Key Accountabilities:
Identifying regulations that impact the business.Delivering technical regulatory thought leadership and working with Legal and the business to interpret what regulatory requirements mean in practice to the Corporate Bank.Working with the business and functional subject matter experts (including Legal, Compliance Ops Rigour, Chief Controls Office, Operations etc.) to:Assess regulatory impact on the businessDetermine the businesss levels and methods of compliance (controls, procedures, training etc.)Identify any compliance gaps and their appropriate remediation ownersTo be successful in the role of a Regulatory Obligations Manger you should have:
Experience with understanding and applying regulations to a business.Strong technical understanding of a breadth of regulatory subject matter applicable to the Transaction Banking, Wholesale Lending and UK and International Corporate Banking.Prior experience in regulatory/technical analysis of requirements or of control requirements.Some commercial and technical understanding of Transaction Banking and Wholesale Lending products and business activity across various jurisdictions.Some other highly valued skills include:
Having a high-quality degree level education.Being creative and forward thinking, striving to improve and find solutions through effective innovation and project management.Having worked on cross-functional change across theYou may be assessed on key critical skills relevant for success in the role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job specific technical skills.
This role is based in London.
Purpose of the role
To assess the integrity and effectiveness of the banks internal control framework to support the mitigation of risk and protection of the banks operational, financial, and reputational risk.
Accountabilities
Knowledge of business areas, products, processes and platforms to be able to assess riskCollaboration with various stakeholders across the bank and business units to improve overall control effectiveness through detailed documentation of control assessments, procedures, and findings.Identification and investigation of potential weaknesses and issues within internal controls to promote continuous improvement and risk mitigation aligned to the banks control framework, prioritised by its severity to disrupt bank operations.Development of reports to communicate key findings from risk assessment including control weaknesses and recommendations to control owners, senior management, and other stakeholders.Execution of reviews to determine the effectiveness of the bank's internal controls framework aligned to established and evolving policies, regulation, and best practice.Implementation of adherence to the Barclays Controls Framework and set appropriate methodology of assessing controls against the Controls Framework.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 departments 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.