
Cit Workflow and Allocation Service
4 days ago
Job Title: CIT Workflow and Allocation Service
Location: Noida
About Barclays
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.
Risk and Control Objective
Take ownership for managing risk and strengthening controls in relation to the work you do
Working Flexibly
Structured hybrid role:
Introduction:
The role holder will sit within the CIT Legal team and will be responsible for providing legal advice on a range of commercial, innovation and technology contract work-types (English law governed), facing off to a variety of stakeholders including Barclays’ Procurement function and front-line business teams.
What will you be doing?
ï‚- Ensure daily Schedule Adherence
ï‚- Process transactions in accordance to approved process and procedures, international regulations and within pre-agreed service levels and with speed and accuracy
ï‚- Adhere to quality control discipline, procedures and checks at all times
ï‚- Responsible for driving own performance management, collating relevant documentation, preparing for and arranging self-performance reviews
ï‚- Ensure SLA and Controls Adherence
ï‚- Answer queries raised by the Client & Stakeholders
ï‚- Take escalated calls and return the calls when a message is taken
ï‚- Manage escalations and loop operations managers in all circumstances
ï‚- Keep the OM regularly updated of any developments relating to the performance of the team, updates received and queries from Clients
The role will include the following main duties and responsibilities:
- Drafting, reviewing and negotiating contracts in order to effectively manage and mitigate legal and regulatory risk.
- Proactively identifying, escalating and addressing legal risk issues arising from:
- contracts (or non-contractual projects with a technology/commercial legal focus) to be entered into by members of the Barclays Group (both within the UK and globally); and
- the operations and technology functions’ work generally as well as support of Barclays’ service company, by providing prompt, commercial and pragmatic advice.
- Ensuring that contracts and other documents (including relevant Policies, process documents, etc) comply with the applicable regulatory framework, including regulations on outsourcing, operational continuity, ring-fencing and the appointed representative regime.
- Proactively liaising with and involving other members of the legal and compliance functions and other stakeholders throughout the Barclays Group on legal risk matters.
- Effectively and proactively participating in, influencing and driving the development of processes, policies and procedures designed to manage, mitigate and reduce legal risk and/or increase the efficiency of the team, including development and maintenance of relevant precedents and other know-how items.
- Maintaining effective file management practices including use of the team’s electronic filing platform and record management requirements.
- Sharing know-how and experience with other legal advisers within the team and elsewhere within the Legal Function.
- Proactively forging relationships with a broad range of legal and business areas and third parties in order to encourage the best quality output and service from the team.
What we’re looking for:
- Qualified lawyer (Solicitor, Barrister or equivalent in the role holder’s relevant location), with relevant post-qualification experience (in-house and/or private practice) ideally with one or more of the following areas: software/fintech, commercial contracts, payments, financial services, e-commerce.
- Legal Graduate
- Strong technical knowledge of commercial agreements and experience in negotiating and advising on general commercial/technology contracts, preferably including a range of agreements from the following examples (this is an illustrative list):
- software, data and index licences;
- proof of concept agreements;
- non-disclosure/confidentiality agreements;
- service agreements;
- hardware and software maintenance agreements;
- software development agreements;
- software-as-a-service agreements;
- donation agreements;
- intellectual property licence agreements;
- sponsorship agreements;
- termination agreements; and
- outsourcing services agreements.
- Technical knowledge and experience above to be based on English law contracts or equivalent (e.g. experience of the laws, and ideally contract principles, in a comparable legal system (including Common Law jurisdictions) with a similar legal framework to those found in contracts governed by English law, on the basis that most of the contracts within
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