Regulatory Engagement AVP

The Financial Crime Regulatory Engagement team within the broader Financial Crime Risk, Control and Transformation Oversight function is responsible for supporting FC related regulatory submissions and engagements globally. The team will support local MLROs across Barclays in drafting and tailoring regulatory responses by way of ad-hoc engagements or periodic submission to ensure consistency and clarity in messaging. You will be an experienced financial crime professional with deep knowledge of financial crime risk management practices and have experience in operating across multiple regulatory regimes. You will use this experience to support notifications and submissions to regulators. 

To be successful as a Regulatory Engagement AVP, you should have:

• Strong understanding of financial crime risk management, including processes and controls

• Experience in drafting notifications / briefings for senior/external audiences

• Experience in operating across multiple regulatory regimes

Some other highly valued skills may include:

• Experience in reporting and governance frameworks

• The ability to consume and digest large volumes of information and operate in a complex regulatory environment

• Stakeholder management

You may be assessed on key critical skills relevant for success in the 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 strategic advice and guidance on all aspects of regulatory engagement, while managing and coordinating the bank’s interactions with regulators, ensuring open and constructive regulatory relationships.

Accountabilities

• Central co-ordination point for all regulatory requests/ reviews/ examinations/ responses/ notifications and collaboration with relevant Accountable Executives to ensure timely and high quality delivery.
• Advising /briefing internal stakeholders for regulatory engagement, recording of all regulatory engagement and forwarding actions arising to relevant internal stakeholders.
• Provision of insightful and timely MI on regulatory engagement and priorities to internal stakeholders.
• Identification of emerging themes and issues and escalation to the appropriate stakeholders for resolution.
• Role model of Firm ambitions of Consistently Excellent are evidenced in all regulatory engagement.
• Information sharing across regions to ensure that the Firm is optimising global regulatory profile.
• Monitoring and evaluation of regulatory relationships, ensuring timely advice, escalation and execution where remedial action is required.

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.