BBPLC Lead - Barclays Global Service Centre

Join us as a "BBPLC Lead - Barclays Global Service Centre" at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences. The purpose of Compliance is to provide oversight of the management of Compliance, Financial Crime and Reputation Risk, through being an influential Compliance function that combines technical expertise with effective risk management to achieve the right conduct outcomes. Compliance participates in the prevention, detection, and management of breaches of applicable laws, rules, regulations, and procedures and has a key role in helping Barclays achieve the right conduct outcomes and evolve a conduct-focused culture.

You may be assessed on the key critical skills relevant for success in role, such as experience with Control Room, KYC & Pan BOC, as well as job-specific skillsets. The Vice President reporting into the Head of BBPLC Compliance - India and APAC Head of Corporate Bank Compliance, will take responsibility of providing compliance oversight on the BBPLC aligned Transaction cycles operating out of Barclays Global Services Centre Private Limited and also  leading the three teams that make up BBPLC’s Business Oversight Compliance (BOC) Strategic Hub, which operates out of Barclays Global Service Centre – Pune, India. These three teams are - Control Room, Know-Your-Client (KYC) Advisory and Pan BOC.

To be successful as a " BBPLC Lead - Barclays Global Service Centre", you should have experience with:

• Providing oversight and proactive management of Compliance risk for a global banking business subject to the jurisdiction and oversight of major regulators. Direct accountability of the compliance oversight on the BBPLC aligned Transaction cycles operating out of Barclays Global Services Centre Private Limited

• Set and drive forward strategy and provide leadership across a large team, covering multiple compliance disciplines.

• Proactively engage and advise senior stakeholders, including business and functional leadership teams.

• Participate in and represent Compliance on senior leadership committees, control forums and working groups - providing updates on Compliance matters, critical oversight and challenge of stakeholder updates and opining on issues as required. 

• Working with Functional-Leads from KYC, Control Room and Chief Compliance Office teams to achieve global alignment and ensure one-Compliance-mindset .

• Acting as a point of escalation for the KYC, Control Room and Pan BOC teams and matters related to their coverage, including issues and queries arising from the business and senior stakeholders and monitoring of performance metrics.

• Proactively seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders to accomplish key business objectives, using influence and negotiating skills to achieve outcomes.

• Proven track record of providing advice, guidance and interpretation of laws, rules, and regulations.

• Technical and product related knowledge across BBPLC’s main business areas (Investment Banking, Markets, Private Banking, Transaction Banking and Consumer Banking).

• Ability to operate and drive activity autonomously or collectively as a team. Be able to consider multiple options from different perspectives to identify pragmatic and effective solutions.

• Leading and executing global projects and global change-management initiatives with multiple regulatory impact points - delivering proportionate and pragmatic solutions.

• Be confident and comfortable in articulating rationale and approach for decision making to senior stakeholders in a succinct and concise manner.

• Drive the 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.

• Lead training initiatives for business stakeholders as well as for the team

Basic/ Essential Qualifications:

• Proven Compliance experience in a business-facing advisory role.

• Experience of providing Compliance advisory support, ensuring a consistent quality and alignment of advice provided.

• Leading and contributing to global change programs relating to Compliance.

• Strategic mindset and ability to translate new, novel or high-level requirements into practical, proportionate advice.

• Experience of working in a global organizational environment.

• Understanding of risk and control frameworks.

• Be comfortable in fast moving and complex environments and be able to move effortlessly between strategic topics to day-to-day requirements.

• Ability to lead and manage diverse teams.

Desirable skillsets/ good to have:

• Degree or equivalent.

• Strong understanding of the rules and regulations relating to the Control Room and Anti-Money Laundering/ KYC requirements.

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

• Excellent communication skills both written and oral.

• Assertive and confident manner.

This role will be based out of Pune.

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.