Senior European Regulatory Operations

Are you a seasoned regulatory professional with a passion for safeguarding client assets? Barclays is seeking a Senior European Regulatory Operations professional to join their dynamic team in Glasgow. This is a compelling opportunity for an experienced individual to play a pivotal role in ensuring the firm's adherence to crucial client asset protection regulations within the Investment Bank's Global Market Operations.

This role offers a chance to immerse yourself in the intricacies of client asset segregation, specifically focusing on the Client Asset Segregation Sourcebook (CASS). You will be at the forefront of operational oversight, providing first-level review and approval for daily Client Money and Stock Shortfall calculations. Furthermore, your expertise will be instrumental in developing and implementing daily preventative and detective controls designed to proactively mitigate CASS risk and uphold the highest standards of regulatory compliance.

What's in it for you? Advantages for Aspiring Candidates:

• Significant Impact: Directly contribute to the safeguarding of client assets and the financial integrity of Barclays' Investment Bank.
• Deep Regulatory Expertise: This role demands and cultivates a deep understanding of CASS regulations, positioning you as a subject matter expert in a critical area of financial services.
• Strategic Oversight: Gain invaluable experience in overseeing and approving key daily calculations, providing you with a comprehensive view of operational risk management.
• Career Development: The emphasis on identifying areas for improvement, developing procedures, and participating in projects offers substantial opportunities for professional growth and skill enhancement.
• Senior Stakeholder Engagement: Cultivate your ability to engage effectively with senior stakeholders, a vital skill for career advancement in financial services.
• Hybrid Working Model: Benefit from a balanced approach to work with a hybrid model based in Glasgow, allowing for a minimum of two days per week in the office to foster collaboration and team synergy.
• Exposure to Diverse Product Families and Functional Areas: Work across a variety of product families (e.g., Equity Settlements, Fixed Income Settlements, Futures & Options) and functional areas (e.g., Trade Management, Settlement & Delivery, Reconciliations), broadening your operational knowledge.

Key Considerations for Your Career Path:

To thrive in this role and make a meaningful impact, candidates should carefully consider the following:

• Extensive CASS Knowledge is Paramount: A deep and demonstrable understanding of CASS regulation is non-negotiable. Candidates must be able to articulate their knowledge and apply it effectively to operational activities.
• Operational Finance Experience: Prior experience within financial services, specifically with an operational focus, is essential. This ensures a practical understanding of the daily workings of market operations.
• Product and Functional Area Specialization: While a broad understanding is beneficial, detailed knowledge of 2-3 product families and 2-3 functional areas of Market Operations is expected. Reflect on your experience and highlight your strongest areas of expertise.
• Proactive Problem-Solving and Regulatory Acumen: Success hinges on your ability to quickly grasp business concepts and proactively identify and solve issues, always with a keen eye on regulatory impact and compliance.
• Delivery Focus and Stakeholder Management: You'll need to be delivery-focused, achieving quality results while managing challenging situations positively. The ability to engage confidently with senior stakeholders and build trust is crucial.
• Translating Operational to Technical: The capacity to translate operational processes into technical requirements for change delivery is a highly valued skill, bridging the gap between business needs and technological solutions.
• Leadership Potential (If Applicable): If this position includes leadership responsibilities, candidates will be assessed on their ability to set strategy, plan resources, manage processes, and develop team members, embodying Barclays' LEAD behaviors. For individual contributors, deep subject matter expertise and the ability to guide technical direction and mentor less experienced colleagues will be key.
• Barclays Values and Mindset: A fundamental alignment with Barclays' values of Respect, Integrity, Service, Excellence, and Stewardship, and their Mindset of Empower, Challenge, and Drive, is expected.

This role represents an excellent opportunity for a dedicated professional to contribute to a globally recognized financial institution. By leveraging your regulatory expertise and operational acumen, you can shape your career within a supportive and challenging environment. Consider how your skills and experience align with these requirements and the unique advantages this position offers.