LRGC – Risk Events and Issues LRR Lead

Join us as an LRGC - Risk Events and Issues LRR Lead ,where the potential candidate will support the Legal Function with the management of LRR Risk, with respect to the global Risk Events and Issues process. This team will have 3 colleagues forming the triage team. The triage team will coordinate the risk events and will issue records in the relevant Legal workflow tool (Salesforce).  The team will also work on allocating the records to the appropriate Legal team and will be responsible to monitor the workflow, ageing and support in creation of reporting/MI.

To be a successful LRGC- Risk Events and Issues LRR Lead applicant, the candidate is expected to share their contribution in preparation of training materials for lawyers and periodic enhancements, as per the required efficiency and scope of the process.

Essential Abilities / Qualifications:

• Monitoring a shared inbox and liaising with colleagues across Legal, the business and other functions to support the timely resolution of records.

• Preparing and presenting MI reporting and commentary about the workflow to Project Arthur committees, working groups and, wherever applicable, to specific businesses and functions (including internal reporting/escalation on ageing within the Legal function).

• Contributing to the preparation of training materials for lawyers and periodic enhancements to the efficiency and scope of the process.

• Supporting Legal colleagues by engaging in discussions about risk events and issues with other parts of the organization including CCO, Compliance, Risk and Technology (including in relation to enhancements to, or expansion of, the existing risk events and issues review processes).

• Operating the detailed processes set out in the existing service artefacts (desk procedures, process maps and KPIs).

• Bachelors/Master's Degree in Law is preferred .

Desired Skills:

• Apt communication skills (provide clear and succinct updates both when presenting and communicating in writing)

• Skilled in relationship building, including ability to work well with Legal colleagues in different teams, globally

• Ability to prioritize a high volume of work and to operate both independently and as a global team member, with good organizational skills

• Risk and controls mindset

• Exposure to reviewing laws, rules and regulations is an added advantage.

You may be assessed on the key critical skills relevant for success in role, Compliance, CCO, Legal Functions

This role will be based out of Pune.

Purpose of the role

To ensure that the financial services regulation activities are conducted in compliance with applicable laws and regulations, and to help the bank manage legal and regulatory risks associated with these activities. 

Accountabilities

• Development and implementation of best practice legal strategies for risk management and compliance.
• Legal advice and support to the business on regulatory affairs, including regulatory compliance, risk management, and transactional matters.
• Subject matter support in the Legal department’s representation of the bank in legal proceedings related to regulatory matters, such as litigation, arbitration, and regulatory investigations.
• Review of relevant legislation and regulation and creation and review of legal documents, where applicable, to ensure compliance with applicable laws and regulations.
• Legal research and analysis to stay up to date on changes in laws and regulations that may impact the bank's operations.
• Developing and delivering training programmes to educate employees on applicable legal and regulatory requirements related to the bank's operations.
• Pro-active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs). Keeping up to date with regards to changes to LRRs in the relevant coverage area. Ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls.

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.