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Date live:
Oct. 09, 2025
Business Area:
GTB SLT
Area of Expertise:
Change
Reference Code:
JR-0000077005
Contract:
Permanent
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Explore locationProgramme Director – Separation and Carve Out – BPL
Barclays’ payments acceptance business provides critical infrastructure to the UK economy, processing billions of pounds of payments annually for both small businesses and domestic and international corporate clients.
In April 2025, we announced a long-term partnership with Brookfield Asset Management to grow and transform the payments acceptance business by broadening the range of services offered, enhancing the experience for both existing and prospective clients. Leveraging extensive client relationships and deep experience of UK payments, we will create an environment of continuous innovation - activated by Brookfield’s global private equity expertise in payments, technology, operational transformation and corporate carve-outs - to ensure the business is strategically positioned for long-term growth.
Barclays will invest approximately £400m in the new business, the majority of which will be incurred during the first three years. Performance-linked incentives will drive greater alignment between the partners, underpinning the long-term commitment to the transformation. Barclays and Brookfield will work to create a standalone entity over time, continuing to use the Barclaycard Payments (BPL) brand and acting as the sole payments acceptance services provider to Barclays’ clients for a minimum of ten years.
For more information on our partnership with Brookfield, please visit Barclays.com.
We are now in a key phase of the Payments Acceptance Transformation, where the programme is mobilising for execution and locking down resources, planning and design. Execution is focussed on two core elements of activity:
Firstly - separation and carve-out: segregation of the asset perimeter, operating structure, and transfer into an independently licenced entity (initially Barclays owned)
Secondly - investment in new features and capabilities to improve the products and services offered to existing customers
This role will primarily be focussed on:
•Set-up and operationalisation of standalone Legal Entity (inc. policy / procedure scope and EUC)
•Regulatory licenses submitted and obtained
•Perimeter definition and transfer (assets and people)
•Separation of Technology and Data
•Definition and management of TSAs / IGAs
•Client migrations, contract novation and scheme outcomes
Purpose of the role
To manage change projects that help the organisation achieve its strategic objectives, while ensuring that projects are delivered on time, within budget, in control and in compliance with regulatory requirements and internal policies and procedures.
Accountabilities
Director Expectations
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.