Legal Inventory Management

At Barclays, we don’t just adapt to the future – Embark on a transformative journey in the “Legal Inventory Management” (LIM) team where you'll spearhead the evolution of our Legal function. As a member of the global LIM team, you will be supporting the LIM Directors, and other LIM team members, globally with the development and maintenance of Barclays’ laws, rules and regulations (LRR) inventories (LRR Inventories). The role holder will work in collaboration with other stakeholders across the organization to assist with the embedment of Barclays’ LRR Risk Management framework. The LIM team is responsible for embedding the roles and responsibilities of Barclays lawyers across the globe in relation to LRR Risk (being the risk of non-compliance with laws, rules and regulations). This activity will help Barclays ensure that it adheres to the LRRs applicable to it, wherever Barclays operates.

Accountabilities:

The role holder will work collaboratively with Barclays’ Business and Chief Controls teams as well as Risk and Compliance, on the sustainable implementation and embedment of roles and responsibilities for Barclays lawyers in relation to LRR Risk.

This will include:

• Assisting with the development, management and maintenance of the LRR Inventories.
• Assisting with the maintenance and operation of Legal Procedures relating to LRR Risk management, including the LIM team’s Global Inventory Procedure.
• Creating and producing appropriate MI to senior governance forums.
• Developing knowhow in relation to the activities of the LIM team and in relation to new LRRs.
• Providing feedback and input required to Technology for the functionality of the databases housing the LRR Inventories.
• Providing input to data governance and quality control requirements in relation to the LRR Inventories.
• In collaboration with the Legal Learning and Development Lead, supporting training of colleagues within the Legal function globally in relation to LRR Risk management and the role of the Legal function in LRR Risk management.
• Supporting collaboration across the Legal function globally to enhance the consistency of LRR interpretation.
• Providing support to lawyers within the Legal function globally on remediation activity relating to LRR Risk.
• Collaborating across the Legal function globally, as well as with stakeholders across the organization, to ensure that LRRs are effectively allocated to, and adequately reflected within, relevant policies, standards, and controls.
• Supporting across a range of special projects, remediations and enhancements in LRR interpretation and controls.
• Supporting in the creation of an effective LRR risk and control culture, reinforcing the importance of effectively managing and escalating LRR Risk as well as supporting the Chief Controls Office, Compliance and Internal Audit functions in relation to their oversight of the same.

Essential Skills/Basic Qualifications:

• Experienced paralegal, qualified lawyer (or equivalent) and/or experienced Compliance officer preferred.
• We will also consider candidates with experience in data handling and management, including candidates with the ability to analyse, interpret and validate data; perform quality control on large volumes of data; create MI based on business needs; and read and understand data at both macro and micro level.
• Experience working in the financial services sector within a Legal or Compliance function, or similar.
• Strong capabilities in identifying and tracking issues or themes arising through processes which the LIM team are engaged in.
• A strong background in the creation of, and curiosity for enhancing, controls and procedures within an organization.
• An ability to identify improvements to a risk and control framework and providing appropriate challenge.
• Ability to assimilate information quickly as well as synthesize insights and inputs from across multiple workstreams and teams on a complex subject matter. Ability to form impartial, effective, and strategic conclusions.
• Ability to deliver consistently and to a high standard against a broad range of competing priorities and to plan and manage a portfolio of multiple tasks/projects through to completion.
• Displays strong interpersonal and communication skills. The ability to build and manage an effective internal and external stakeholder network.
• Excellent Excel and SharePoint skills, confident using Microsoft Office suite.

Desirable skills/Preferred Qualifications:

• Experience engaging with senior stakeholders and/or supporting legal professionals.
• Good understanding of a risk and control framework (including, if applicable, Barclays LRR Risk Management framework) and of the legal and regulatory landscape within which Barclays operates.
• Makes recommendations for, and can implement, change.
• Proactively collaborates across different teams and geographies both within and beyond the Legal function.

Location: Pune

Overall purpose of role:

As a member of the Legal Inventory Management (“LIM”) team, you will be working alongside the LIM Directors, and other LIM team members globally , supporting the development and maintenance of Barclays’ inventories of laws, rules, and regulations (“LRR”) Inventories. The role holder will also work in collaboration with other stakeholders across the organization to support the embedment of Barclays’ LRR Risk Management framework. The LIM team is responsible for embedding the roles and responsibilities of Barclays lawyers across the globe in relation to LRR Risk (being the risk of non-compliance with LRRs). This activity will help Barclays ensure that it adheres to the LRRs applicable to it, wherever Barclays operates. 

In service of this goal, the LIM team: supports training and colleague communications globally; helps oversee implementation and improvement of procedures relating to LRR Risk; and supports with management and escalation of LRR Risk issues.

In addition, the LIM team will utilize their expertise in relation to LRRs (and related risk, control and governance activities) to support across a range of: (i) special projects, remediations and enhancements in LRR interpretation and controls; (ii) know-how activities in relation to new LRRs; and (iii) develop ways of working with horizon scanning and regulatory implementation teams.

The LIM team also collaborates across the Legal function globally and with stakeholders across the bank to ensure that LRRs are effectively allocated to, and adequately reflected within, relevant policies, standards and controls.

Accountabilities:

The role holder will work collaboratively with Barclays’ Business and Chief Controls teams as well as Risk and Compliance, on the sustainable implementation and embedment of roles and responsibilities for Barclays lawyers in relation to LRR Risk.

This will include:

• Assisting with the development, management and maintenance of the LRR Inventories.
• Assisting with the maintenance and operation of Legal Procedures relating to LRR Risk management, including the LIM team’s Global Inventory Procedure.
• Creating and producing appropriate MI to senior governance forums.
• Developing knowhow in relation to the activities of the LIM team and in relation to new LRRs.
• Providing feedback and input required to Technology for the functionality of the databases housing the LRR Inventories.
• Providing input to data governance and quality control requirements in relation to the LRR Inventories.
• In collaboration with the Legal Learning and Development Lead, supporting training of colleagues within the Legal function globally in relation to LRR Risk management and the role of the Legal function in LRR Risk management.
• Supporting collaboration across the Legal function globally to enhance the consistency of LRR interpretation.
• Providing support to lawyers within the Legal function globally on remediation activity relating to LRR Risk.
• Collaborating across the Legal function globally, as well as with stakeholders across the organization, to ensure that LRRs are effectively allocated to, and adequately reflected within, relevant policies, standards, and controls.
• Supporting across a range of special projects, remediations and enhancements in LRR interpretation and controls.
• Supporting in the creation of an effective LRR risk and control culture, reinforcing the importance of effectively managing and escalating LRR Risk as well as supporting the Chief Controls Office, Compliance and Internal Audit functions in relation to their oversight of the same.

Essential Skills/Basic Qualifications:

• Experienced paralegal, qualified lawyer (or equivalent) and/or experienced Compliance officer preferred.
• We will also consider candidates with experience in data handling and management, including candidates with the ability to analyze, interpret and validate data; perform quality control on large volumes of data; create MI based on business needs; and read and understand data at both macro and micro level.
• Experience working in the financial services sector within a Legal or Compliance function, or similar.
• Strong capabilities in identifying and tracking issues or themes arising through processes which the LIM team are engaged in.
• A strong background in the creation of, and curiosity for enhancing, controls and procedures within an organization.
• An ability to identify improvements to a risk and control framework and providing appropriate challenge.
• Ability to assimilate information quickly as well as synthesize insights and inputs from across multiple workstreams and teams on a complex subject matter. Ability to form impartial, effective, and strategic conclusions.
• Ability to deliver consistently and to a high standard against a broad range of competing priorities and to plan and manage a portfolio of multiple tasks/projects through to completion.
• Displays strong interpersonal and communication skills. The ability to build and manage an effective internal and external stakeholder network.
• Excellent Excel and SharePoint skills, confident using Microsoft Office suite.

Desirable skills/Preferred Qualifications:

• Experience engaging with senior stakeholders and/or supporting legal professionals.
• Good understanding of a risk and control framework (including, if applicable, Barclays LRR Risk Management framework) and of the legal and regulatory landscape within which Barclays operates.
• Makes recommendations for, and can implement, change.
• Proactively collaborates across different teams and geographies both within and beyond the Legal function.

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.