Compliance Assurance – Trade, Transactions and Position Reporting AVP

As a Compliance Assurance – Trade, Transactions and Position Reporting AVP you will provide independent second-line review of how the firm meets its regulatory obligations. This role is the function's specialist in regulatory reporting, covering trade and transaction reporting as its core, together with major holdings, short selling and position reporting. It delivers data-led reviews across the Investment Bank and extends that technical testing capability into COO and infrastructure control areas.

You will be hands-on and comfortable working with data rather than relying solely on walkthroughs and interviews. The role is designed for someone who has worked close enough to reporting to know where it breaks, and who can now bring that knowledge to independent challenge.

To be successful as a Compliance Assurance AVP, you must have the following essential skills:

• Proven experience in financial services, including hands-on in trade or transaction reporting.
• Detailed working knowledge of UK MiFIR transaction reporting at field level, with working knowledge of UK EMIR (post-Refit) and awareness of SFTR.
• Working knowledge of major holdings disclosure and short selling reporting, including the aggregation and disaggregation principles, instrument scope and threshold logic that drive notification obligations.
• Demonstrable independent review, testing or control assessment work, whether in assurance, internal audit, first-line quality assurance or consulting. Production reporting experience alone is not sufficient.
• Practical experience of reporting controls: reconciliations, exception management, identification of errors and omissions, and remediation or back-reporting.
• Proficient in SQL and comfortable interrogating large datasets to build full-population tests.

Some other highly valued skills may include:

• Sound understanding of the trade lifecycle and booking models across asset classes, and of where reporting errors typically originate.
• Python or equivalent analytics tooling.
• Hands-on experience of a shareholding disclosure rules engine or position aggregation platform.
• Knowledge of takeover disclosure requirements or sector-specific ownership limits.
• Strong written communication, with the ability to explain technical findings to non-specialist senior audiences.

Location: Glasgow

You may be assessed on 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.

Purpose of the role

To provide assurance over the effectiveness of Compliance Risk Management across the bank. 

Accountabilities

• Development and refresh of the Compliance Assurance Annual Plan, ensuring that the Annual Plan focuses on areas of highest risk and value in relation to Compliance Risk.
• Delivery of risk-based assurance activity to validate the effectiveness of controls and processes designed to mitigate Compliance Risk.
• Identification of potential risks associated with non-compliance or control weaknesses in relation to Compliance Risk.
• Verbal and written communication of Compliance Assurance reports and issues to enhance the effectiveness of Compliance Risk management and oversight.
• Build, development and maintenance of effective relationships between Compliance Assurance and stakeholders across the three lines of defence.
• Proactive adoption of Data Analytics capabilities to increase the efficiency, effectiveness and coverage of Assurance work.
• Continued focus on the Barclays Mindset and Consistently Excellent to enhance the Assurance that we deliver, how it is delivered and the culture within the bank.

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.