Head of Private Bank & Wealth Management Legal, UK and Crown Dependencies

We have an excellent opportunity for a Head of Private Bank & Wealth Management Legal, UK and Crown Dependencies to join our Global Legal Team.

About the Role

The Head of PBWM Legal, UK and Crown Dependencies will lead the legal coverage and support for the PBWM UK and Crown Dependencies businesses.

The lawyer will draw in legal coverage from across the PBWM Legal team and manage lawyers to support the UK and Crown Dependencies businesses.

Responsibilities include:

• Delivering legal advice to guide business strategy across the full suite of financial products and services it offers (either directly or through product legal teams);
• Identifying key legal risks associated with the UK and Crown Dependencies businesses’ products, services, operations, and client segments;
• Advising the business on strategic initiatives and transactions they may consider,
• Being a trusted and strategic advisor to the management of the PBWM UK and Crown Dependencies businesses and the Board of Barclays Investment Solutions Limited;
• Partnering with the business, Compliance and other functional areas to build a well-controlled business environment;
• Driving advocacy and regulatory change in the UK and Crown Dependencies to promote good customer outcomes and to make the UK market more competitive;
• Advising the business and infrastructure personnel on various legal risks, market terms, relevant market events and changes to the legal and regulatory landscape.

The Head of PBWM Legal, UK and Crown Dependencies will be accountable for supporting a comprehensive transformation strategy to deliver PBWM’s ambitious growth plans in the UK and Crown Dependencies, with a focus on creating scalability, efficiency and sustainable revenue growth with increased productivity. This role demands a strategic leader with a deep understanding of the Private Bank and Wealth Management industry in the UK, with a commitment to delivering exceptional customer and client experience.

The Head of PBWM Legal UK will play a leading role in supporting the Legal function’s management of legal risk for the organisation, through initiatives such as Projects including (i) changes to how the Legal Function thinks, operates and behaves (ii) developing and evolving the role of the lawyer, (iii) the Legal Function’s processes to identify, address, manage and report emerging legal risks and (iv) supporting the Legal Function in its delivery of law, rules and regulations risk management (in line with the Barclays ERMF and LRMF).

Purpose of the role

To ensure that the activities in the Private Bank & Wealth Management division are conducted in compliance with applicable laws, rules 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 to manage risk related to non-adherence of laws, rules and regulations.
• Legal advice and support to the bank's Private Bank & Wealth Management division on matters arising from the investment, credit and banking products/services provided by the Private Bank & Wealth Management division.
• Subject matter support in the Legal department’s representation of the bank in legal proceedings related to Private Bank & Wealth Management activities, such as litigation, arbitration, and regulatory investigations.
• Creation and review of legal documents for the Private Bank & Wealth Management division to ensure the bank’s adherence with applicable laws, rules and regulations.  Maintaining and updating form legal documentation for the investment Private Bank & Wealth Management division.
• Legal research and analysis to stay up to date on changes in laws and regulations that may impact the bank's Private Bank & Wealth Management activities.
• Developing and delivering training programmes to educate employees on legal and regulatory requirements related to the Private Bank & Wealth Management division.
• 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.

Director Expectations

• To manage a business function, providing significant input to function wide strategic initiatives. Contribute to and influence policy and procedures for the function and plan, manage and consult on multiple complex and critical strategic projects, which may be business wide..
• They manage the direction of a large team or sub-function, leading other people managers and embedding a performance culture aligned to the values of the business. Or for an individual contributor, they lead organisation wide projects and act as deep technical expert and thought leader, identifying new ways of working and collaborating cross functionally. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Provide expert advice to senior functional management and committees to influence decisions made outside of own function, offering significant input to function wide strategic initiatives.
• Manage, coordinate and enable resourcing, budgeting and policy creation for a significant sub-function.
• Escalates breaches of policies / procedure appropriately.
• Foster and guide compliance, ensure regulations are observed that relevant processes in place to facilitate adherence.
• Focus on the external environment, regulators, or advocacy groups to both monitor and influence on behalf of Barclays, when appropriate.
• Demonstrate extensive knowledge of how the function integrates with the business division / Group to achieve the overall business objectives.
• Maintain broad and comprehensive knowledge of industry theories and practices within own discipline alongside up-to-date relevant sector / functional knowledge, and insight into external market developments / initiatives.
• Use interpretative thinking and advanced analytical skills to solve problems and design solutions in often complex/ sensitive situations.
• Exercise management authority to make significant decisions and certain strategic decisions or recommendations within own area.
• Negotiate with and influence stakeholders at a senior level both internally and externally.
• Act as principal contact point for key clients and counterparts in other functions/ businesses divisions.
• Mandated as a spokesperson for the function and business division.

All Senior 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.

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.