Markets Business Oversight Compliance - Macro and Laws, Rules, and Regulations

Join us as a Markets Business Oversight Compliance - Macro and Laws, Rules, and Regulations, where you will support Americas Markets Compliance with the compliance delivery of the Firm’s program to enhance Barclays’ approach to managing Laws, Rules, and Regulations (LRR) applicable to the firm and provide compliance oversight to the Macro Business within Markets. This role will require you to focus on LRRs that impact the firm’s Fixed Income businesses including FX, Rates, Credit and Securitized Products. Additionally, you will implement the compliance program for the Macro business within Markets by providing compliance oversight and day-to-day and project-based check and challenge of the Macro business with respect to regulatory, policy, reputational and conduct matters.

To be successful as a Markets Business Oversight Compliance - Macro and Laws, Rules, and Regulations, you should have:

• Experience in the financial services industry, preferably at a broker-dealer/swap dealer

• Knowledge of Securities and Derivatives Laws, Rules and Regulations for Fixed Income Businesses and how they impact those businesses

• Knowledge of business controls and regulatory frameworks

• Experience working in markets compliance or a similar controls function with check and challenge experience

Other highly valued skills include:

• Ability to interpret regulations and provide solutions

• Understanding of global compliance standards

• Experience supporting the roll-out of a control framework

• Problem solving skills and a demonstrated ability to take initiative, work independently and critically identify and analyze issues associated with sophisticated products and transactions

You may be assessed on key critical skills relevant for success in this role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

This role is based in New York.

Minimum salary: $145,000

Maximum salary: $200,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate.  It does not include any other type of compensation or benefits that may be available.

Purpose of the role

To provide data-led expert oversight and check and challenge on business and compliance matters to evidence that the organisation is operating in a compliance with Barclays legal, regulatory and ethical responsibilities. 

Accountabilities

• Identification and assessment of compliance risks through thorough reviews of business activities, changes, processes, testing and systems to.
• Identification and investigation of potential market abuse, including but not limited to, Insider Dealing, Unlawful Disclosure, Market Manipulation or Anti-Competitive Conduct.
• Conduct investigation of compliance risk events or breaches. Oversight and check and challenge of corrective actions and preventative measures to avoid future occurrences.
• Implementation of compliance policies and procedures in line with regulatory requirements and ensuring that the bank’s internal policies are aligned with international standards, including jurisdictional requirements.
• Collaboration with 1LOD, other relevant Compliance teams and legal, and relevant risk management functions to facilitate a comprehensive approach to compliance and risk management.
• Identification, investigation and oversight of potential money laundering, terrorist financing or other financial crime.

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.