BBPLC Control Room

Join us as an AVP in the BBPLC Control Room at Barclays, wherein Compliance Control Room manages Legal, Regulatory and Reputational Risk across all lines of business. This involves business critical functions in respect of key controls to manage Market Abuse and potential Conflicts of Interest via Information Barriers, Regulatory Insider Lists together with the ongoing operational management of the Watch List and Restricted Lists.  This is accomplished via advisory services provided in relation to Information Barrier Controls and the flow of MNPI.   This includes daily interactions with senior bankers in regard to transactions and ensuring full, detailed regular analysis of the current and future state of private side transactions is undertaken.  The

critical review is the trigger point to instigate downstream controls within

Monitoring and Surveillance and the necessity to implement Research Conflicts Clearance per the requirements under US Securities law.

To be a successful AVP in the BBPLC Control Room team, you should have experience with (Mandatory)

• Liaising with senior bankers in relation to transactions, assimilating and analyzing relevant information to evaluate risks and requirements for preventative and detective controls such as surveillance and research review to manage the Firm’s Watch and Restricted List.

• Advising on Information Flows, Information Barriers and Inside Information considerations, acting as a check and challenge function. 

• Provide guidance and act as a control function in regard to chaperoning requirements as well as vetting the appropriateness of communications and, or calls between the Firm’s Equity research department and Banking department.

• Applying firm wide restrictions in response to formal transaction announcements and advising on restricted activity in a time sensitive manner to manage legal, regulatory and reputational risk.

• Reviewing wall crossings in consultation with business heads acting as Wall Crossing Approvers; keeping accurate and detailed records to ensure the integrity of firm's information barriers are appropriately monitored.

• Investigating breaches of policy and uphold policy fairly and consistently, liaising with Product Compliance and the relevant supervisors as required to issue policy breach notifications and any actions deemed appropriate.

• Assisting in drafting updated procedures, guidance or training, and delivering training from time to time.

• Participating in Control Room projects or regulatory reviews as required, such as technology enhancements, insider lists, procedure updates and assurance reviews requiring Control Room subject matter expertise.

• Exercising attention to detail in maintaining accurate records of inside information, the watch list, restricted list and wall crossings to ensure internal controls and risk management processes are effective.

Desirable skills/Preferred Qualifications:

• Strong understanding of the rules and regulations relating to the Control Room.

• Able to work in a fast paced, time sensitive environment.

• Excellent communication skills both written and oral.

• Assertive and confident manner with an investigative nature

• Degree or Equivalent

Location : Pune

Purpose of the role

To manage Legal, Regulatory and Reputational Risk across all lines of business. This involves business critical functions in respect of key controls to manage Market Abuse and potential Conflicts of Interest via Information Barriers, Regulatory Insider Lists together with the ongoing operational management of the Watch List and Restricted Lists. 

Accountabilities

• Evaluation of controls related to various banking activities, such advisory services provided in relation to Information Barrier Controls and the flow of MNPI. The critical review is the trigger point to instigate downstream controls within Monitoring and Surveillance and the necessity to implement Research Conflicts Clearance per the requirements under US Securities law.
• Monitoring and evaluation of potential risks arising from various business activities, regulatory changes, and internal control requirements.
• Investigation and analysis of reported control breaches, identification of root causes, and determination of the extent of the impact on the bank.
• Implementation of corrective actions to address identified control breaches, prevent recurrence, and strengthen internal control frameworks.
• Maintenance of comprehensive and up-to-date documentation of control room activities, including risk assessments, investigations, and corrective actions.
• Development and implementation of procedures for responding to and managing incidents or potential breaches of information barriers.
• Maintenance of accurate records of Inside Information, Watch List, Restricted list and Wall Crossings to ensure internal controls and risk management processes are effective.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• 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 lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders 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.