Compliance Reskilling Accelerator

Sitting alongside our other already well-established Early Careers offerings, the Compliance Accelerator is our bespoke re-skilling programme. It was the first programme of its kind created within Compliance to inspire talented candidates with varied experience and skillsets who were looking for an opportunity to kickstart long-term, fulfilling careers in the function. 

Through a mix of on-the-job training and a comprehensive learning pathway designed just for this programme, our Accelerators gain a strong grounding in risk management practices and an understanding of the essential role Compliance plays at Barclays.

The Compliance Accelerator programme will cover four key global business areas:

Anti Bribery & Corruption (ABC)

The ABC team manage a broad range of activity from Expenditure, Employment & Work Opportunities, Third Parties, Introducers, Increased Risk Customer Transactions and Strategic & Principal Investments reflected in the ABC Standard relating to the activity of both Barclays employees and our Third-Party relationships. ABC manage escalations to the helpdesk from various business units, handle a high volume of Gifts & Entertainment requests, and deals with escalations from central functions under the VIP Model and referrals from Vendor Management, Citizenship, and Sponsorship teams.

Assurance

Compliance Assurance (CA) support Barclays’ Compliance strategy through the delivery of risk-based assurance activities.  These activities are undertaken through independent risk-based assurance reviews over the Compliance and Reputational Risk areas, including Conduct, Financial Crime and Laws, Rules & Regulations; this includes conducting assurance activities over the Compliance function.  Assurance activities will usually involve assessing the design and operating effectiveness of controls to mitigate risk as well as driving remediation actions to close identified gaps. 

Employee Compliance

Employee Compliance play a pivotal role in ensuring the adherence to Group-Wide Policy and Standards within the bank. Our responsibilities include daily review of employee tasks and disclosures in line with the Conflict of Interest Management Standard. Working in line with our procedures, the team participate in both local and global project initiatives and regularly collaborate with technology colleagues to enhance related platforms within the function. Strong stakeholder management is fundamental to the success of our team as we liaise with employees on queries regarding their obligations, identify inefficiencies in current processes, and work with teams to implement improvements.

Surveillance

The Communications Surveillance team monitor and analyse electronic and voice communications to ensure regulatory compliance and detect potential misconduct, such as insider trading or market abuse. Using advanced technologies like AI and data analytics, the team reviews communications across Barclays' global offices. They collaborate with technology and legal teams within the bank's broader risk management framework to maintain ethical standards and adhere to financial regulations in over 40 countries.

Upon successful completion of the programme and associated on-the-job learning we expect individuals to have gained the necessary experience to transition from BA3 to a BA4 grade within their allocated teams managed through the Barclays annual In-Role-Promotion process.

Essential Skills/Basic Qualifications:

• Strong analytical and investigative skills with the capability to identify key risks and areas of non-conformance with regulatory and legislative requirements and identify root cases
• Excellent influencing and communication skills with the ability to tailor messages to all levels of the business, so that they are clear and impactful
• A self-motivated team player, with the ability to organise and prioritise their own workload to maximise efficiency
• Ability to manage multiple tasks in a structured and risk-based manner
• Demonstratable written skills
• Curious with an enquiring mind
• Flexibility and capability to reorganise priorities when circumstances dictate

Person Specification

• A proactive approach to problem solving with a desire to be inquisitive in their analysis
• Ability to work independently and in a team and/or fast paced environment
• Attention to detail and ability to work in a precise and structured manner
• Project management capability - able to manage multiple tasks across a variety of business areas and topics while delivering reviews according to plan in a timely and complete fashion
• Ability to conduct independent and thorough data analysis
• Self-motivated and able to take on responsibility for completion of tasks
• Eagerness to learn and develop new skills 

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 skill.

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.

Analyst Expectations

• To meet the needs of stakeholders/ customers through specialist advice and support
• Perform prescribed activities in a timely manner and to a high standard which will impact both the role itself and surrounding roles.
• Likely to have responsibility for specific processes within a team
• They may lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources. They supervise a team, allocate work requirements and coordinate team resources.
• 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 manage own workload, take responsibility for the implementation of systems and processes within own work area and participate on projects broader than direct team.
• Execute work requirements as identified in processes and procedures, collaborating with and impacting on the work of closely related teams.
• Check work of colleagues within team to meet internal and stakeholder requirements.
• Provide specialist advice and support pertaining to own work area.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how all teams in area contribute to the objectives of the broader sub-function, delivering impact on the work of collaborating teams.
• Continually develop awareness of the underlying principles and concepts on which the work within the area of responsibility is based, building upon administrative / operational expertise.
• Make judgements based on practise and previous experience.
• Assess the validity and applicability of previous or similar experiences and evaluate options under circumstances that are not covered by procedures.
• Communicate sensitive or difficult information to customers in areas related specifically to customer advice or day to day administrative requirements.
• Build relationships with stakeholders/ customers to identify and address their needs.

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.