Risk Regulatory Oversight - D

• Provide 2LOD review and challenge of 1LOD interpretations and implementations of regulatory capital and liquidity rules. Support the management of the governance process and committees in this area.
• Independently manage a wide range of senior stakeholders (CEO -1/-2) for abovementioned governance purposes
• Running senior executive (CRO/CFO level) governance committees
• Independently review and/or manage reviews of regulatory capital/liquidity rule interpretation and/or implementation approaches 

Purpose of the role

To provide oversight of prudential regulatory compliance across in relation to our advanced Model permissions and 2nd LoD review and challenge of regulatory rule that impact regulatory capital and liquidity returns.

Accountabilities

• Advising on Regulations; owning the interpretation of specific parts of the Prudential Rulebook, and escalation for queries relating to prudential regulatory compliance.
• Communication of key Regulatory themes to senior Risk management including (i) concerns raised by regulators, (ii) themes and areas of focus arising through meetings and communications; and (iii) guidance on regulator expectations.
• Management of internal governance for adherence to regulatory permissions through oversight of Risk owned Permissions and maintenance of a central Permissions library.
• Coordination, review and challenge of the Model and Rating System Applications/Notifications; Drives delivery of certain Risk-led regulatory deliverables, providing robust review and challenge of constituent parts provided by internal stakeholders.
• Provision of comprehensive, accurate and consistent information to Regulatory supervision teams, supporting Risk in providing transparent communication with regulators via face to face meetings, regulatory letters or applications; and tracking and delivering commitments to regulators.

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.