VP, Business Oversight Compliance

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.

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.

At Barclays, we don’t just anticipate the future – we’re creating it. Step into the role of a VP, Business Oversight Compliance and shape the future of our Barclays Global Service Company (BGSC) team, reporting to the Director of Compliance, the successful candidate will provide compliance advisory support to Business Units and Functions. Your role involves enhancing the Compliance framework by partnering with send-center Compliance teams to embed, track, monitor, and advise on regulatory frameworks, policies, and guidelines. You will offer compliance advisory input to various functions and business units, guide the development and implementation of local compliance procedures, and serve as the India-based advisory unit on Conduct and Culture. Additionally, Your role includes providing compliance inputs for governance forums, conducting internal risk assessments, maintaining communication with senior management on regulatory risks, and collaborating with APAC control room and other compliance colleagues on ad-hoc inquiries. You are expected to be well-versed in the Conduct Risk Management Framework, including compliance policies and standards.

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

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

Some of Highly Valued Skills may include:

• Has excellent business judgement and a willingness to exercise it;
• Professional qualifications such as Chartered Accountant/Company Secretary/Law would be added advantage.
• 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.
• Demonstrates and promotes the Barclays values in all their endeavors.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.
 
The location of the role is Pune, IN or Noida, IN.