Regulatory Engagement VP

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 VP, 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.

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.