Regulatory Counsel VP

Join Barclays as a Regulatory Counsel VP in this role, you will provide advice and legal support on matters across a range of coverage of the U.S. Bank Regulatory Legal team (covering U.S. prudential bank regulatory matters), the U.S. Consumer Bank Legal team (covering consumer bank regulatory matters), and the Barclays Capital Inc. (“BCI”) General Counsel.The role-holder will serve as the firm’s internal subject matter expert on FDIC regulatory matters and serve as a connectivity point between the U.S. Bank Regulatory Legal and U.S. Consumer Bank Legal teams.Half of the role-holder’s role will include providing advice and legal support to Barclays U.S. businesses on regulatory matters covered by U.S. Bank Regulatory Legal and the BCI General Counsel.The role-holder will be responsible for pro-actively identifying and providing legal advice on applicable laws, rules and regulations (LRRs), as well as keeping up to date with regards to changes to LRRs, in the relevant coverage area, as well as ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls.This is a joint role reporting to (a) General Counsel of BCI and Head of U.S. Bank Regulatory Legal, and (b) the Head of Regulatory Legal for the US Consumer Bank Legal.

To be successful as a Regulatory Counsel VP, you should have experience with:

• Interpreting the Federal Deposit Insurance Act (FDIA) and existing FDIC regulations and supervisory guidance, and other consumer-related regulations and providing guidance to the business and functions, as well as advising on changes or proposed changes to the FDIA and FDIC regulations

• Legal research and analytical skills, particularly with respect to regulations

• Experience of assessing legal and regulatory risk in time pressured and sensitive situations

Some other highly valued skills may include:

• Prior experience with the FDIC or FDIC-focused experience with a high quality law firm and/or in-house legal role within an FDIC-regulated bank

• Experience with statutes and regulations under the remit of the Federal Reserve Board and the U.S. Securities and Exchange Commission

• Prior experience with Delaware Banking Law

• Self-motivation, the ability to drive for results, a track record of setting and achieving goals

• Attention to detail and ability to exercise independent judgement

• Eagerness to learn and ability to work collaboratively

You may be assessed on the key critical skills relevant for success in 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 located in New York, NY.

Minimum Salary: $259,000

Maximum Salary: $311,000

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

Purpose of the role

To ensure that the financial services regulation activities are conducted in compliance with applicable laws and regulations, and to help the bank manage legal and regulatory risks associated with these activities. 

Accountabilities

• Development and implementation of best practice legal strategies for risk management and compliance.
• Legal advice and support to the business on regulatory affairs, including regulatory compliance, risk management, and transactional matters.
• Subject matter support in the Legal department’s representation of the bank in legal proceedings related to regulatory matters, such as litigation, arbitration, and regulatory investigations.
• Review of relevant legislation and regulation and creation and review of legal documents, where applicable, to ensure compliance with applicable laws and regulations.
• Legal research and analysis to stay up to date on changes in laws and regulations that may impact the bank's operations.
• Developing and delivering training programmes to educate employees on applicable legal and regulatory requirements related to the bank's operations.
• 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.

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.