VP – PB Legal India

Purpose of the role

To ensure that the operations in the country or region are conducted in compliance with applicable laws and regulations, and to help the bank manage legal and reputational risks associated with these activities. 

Accountabilities

• Development and implementation of best practice legal strategies for risk management and compliance.
• Legal advice and support to the bank's country coverage teams on a wide range of legal issues, including regulatory compliance, risk management, project management and transactional matters.
• Representation of the bank in legal proceedings related to its operations in the country or region, such as litigation, arbitration, and regulatory investigations.
• Creation and review of legal documents such as loan agreements, security documents, and other financing documents to ensure compliance with applicable laws and regulations.
• Legal research and analysis to stay up to date on changes in laws and regulations that may impact the bank's operations in the country or region.
• Developing and delivering training programmes to educate employees on legal and regulatory requirements related to the bank's operations in the country or region.
• Pro-active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs). Keeping up to date with regards to changes to LRRs in the relevant coverage area. Ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls.

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 an "VP – PB Legal India" 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.

To be successful as a "VP – PB Legal India", you should have experience with:

• Supporting Private Bank and Wealth Management Business of the PB entities in India.
• Significant experience is providing legal support to SEBI, RBI and IRDA regulated businesses of PB India entities.
• Providing legal support on legal, regulatory and cross-border aspects of all the products offered by the PB India entities.
• Providing legal support to the PBWM initiatives in Gift IFSC, more particularly in relation to the PBWM products and services offered out of Gift City.
• Reviewing, drafting and advising on product documentation. Drafting and negotiation of bespoke contracts and other transactional documents.
• Development and maintenance of standard templates.
• Input to and preparations of cases for legal opinion.
• Tracking relevant regulatory and legal developments (statutory and case law). Analyzing the same and preparing relevant summaries for internal dissemination and assessment and application.
• Amending and updating contractual terms to appropriately reflect regulatory and legal developments.
• Engaging with panel law firms on the organisation’s interaction with them.
• Advising functions and businesses on legal matters associated with their remits.
• Maintaining and updating internal document repositories.
• Handling matters and aspects associated with the above.
• Acting in an effective, and impactful manner.

Qualification, Capabilities and Skills:

• Law degree and membership in jurisdictional organization. Candidates must be in compliance with all relevant licensing requirements including the requirements of the jurisdiction where the role will be located prior to commencement of employment. Minimum of ~12 years of experience in legal practice.
• Candidates with experience in securities market related services (like Broking services, Depository Services, PMS advisory Services, Investment Advisory Services, Distribution Services, Referral Services, etc.) would be preferred.
• Extensive experience required in the private wealth space.
• Familiarity with the guidelines and processes around material outsourcing and a working awareness of cloud and cyber security related matters.
• Fluent in written and spoken English, with excellent English writing and oral communication skills.
• Being a team player who can collaborate and communicate effectively with attorneys and business stakeholders and control functions (for example, Compliance and Credit Risk).
• Have a strong analytical thinker who is detail-oriented, practical and skilled at issue-spotting and problem-solving.
• Be a self-starter who is able to work collaboratively in a high performing team, takes ownership of responsibilities and projects, is results-oriented and flexible.
• Having the ability to multitask and prioritize work in a fast-paced, complex business environment.

Job location is Mumbai