Compliance Assurance Review Team Support

Join us as a Compliance Assurance Review Team Support at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionise our digital offerings, ensuring unapparelled customer experiences.The Compliance Assurance team support  will be responsible for undertaking assurance reviews, and where required ICVs, to assess and report on Compliance and/or Reputational Risk, behaviours and attitudes. The outputs of the Compliance Assurance Team will help ensure that Compliance and/or Reputational risk is being appropriately managed across all the Barclays legal entities and identify where additional action may be required.

The role holder will be required to work across a variety of risk and business coverage areas being led by and working with CA colleagues in any of our global locations

You may be assessed on the key critical skills relevant for success in role, such as experience with Assurance team, as well as job-specific skillsets.

To be successful as a Compliance Assurance Review Team Support, you should have experience with:

Duties & Responsibilities:

• Take a proactive approach to identifying and agreeing review coverage and develop the scope of individual reviews.

• Ensuring adherence to the Compliance Assurance methodology in the execution of reviews (throughout planning, testing, and reporting) and monitoring/validation.

• Applying automated assurance/data analytics to increase the use of data driven testing and data analytics within reviews. 

• Keeping up to date on business developments, regulatory change, internal policies and Compliance objectives to ensure Compliance Assurance work remains relevant and timely.

• Aiding continual review and development of the annual review plan through assessing the conduct, reputational and regulatory risks of existing business activities.

• Building, developing and maintaining respected relationships between Compliance Assurance and Business Oversight Compliance and Key Stakeholders.

• The successful candidate will be expect to closely mirror the time zone of the global team with which they align.

Essential/Basic Qualifications

• Investigative skills with the capability to identify key risks and areas of non-conformance with regulatory and legislative requirements and lack of controls, identify root cases, themes, and trends.

• Strong analytical skills with ability to deliver high quality work in a timely and structured manner.

• A proactive approach to problem solving with a desire to be inquisitive in their analysis.

• Ability to work independently and in a team and/or fast paced environment. Attention to detail, ability to work in a precise and structured manner.

• Ability to conduct independent and thorough data analysis.

• Self-motivated and able to take on responsibility for completion of tasks. Eagerness to learn and develop new skills.

Preferred Qualifications

• Qualified Fresh Chartered accountant with article ship experience in a reputed firm (preferably Big 4s)

• Experience with basic data analytics coding techniques (e.g. basic SQL queries).

• Understanding of the regional regulatory environment and the key Laws, Rules and Regulation impacting the region.

This role will be based out of Pune.

Purpose of the role

To provide assurance over the effectiveness of Compliance Risk Management across the bank. 

Accountabilities

• Development and refresh of the Compliance Assurance Annual Plan, ensuring that the Annual Plan focuses on areas of highest risk and value in relation to Compliance Risk.
• Delivery of risk-based assurance activity to validate the effectiveness of controls and processes designed to mitigate Compliance Risk.
• Identification of potential risks associated with non-compliance or control weaknesses in relation to Compliance Risk.
• Verbal and written communication of Compliance Assurance reports and issues to enhance the effectiveness of Compliance Risk management and oversight.
• Build, development and maintenance of effective relationships between Compliance Assurance and stakeholders across the three lines of defence.
• Proactive adoption of Data Analytics capabilities to increase the efficiency, effectiveness and coverage of Assurance work.
• Continued focus on the Barclays Mindset and Consistently Excellent to enhance the Assurance that we deliver, how it is delivered and the culture within the bank.

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• 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 develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

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.