Analyst - Compliance Assurance

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 meet the needs of stakeholders/ customers through specialist advice and support
• Perform prescribed activities in a timely manner and to a high standard which will impact both the role itself and surrounding roles.
• Likely to have responsibility for specific processes within a team
• They may lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources. They supervise a team, allocate work requirements and coordinate 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 manage own workload, take responsibility for the implementation of systems and processes within own work area and participate on projects broader than direct team.
• Execute work requirements as identified in processes and procedures, collaborating with and impacting on the work of closely related teams.
• Check work of colleagues within team to meet internal and stakeholder requirements.
• Provide specialist advice and support pertaining to own work area.
• 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 all teams in area contribute to the objectives of the broader sub-function, delivering impact on the work of collaborating teams.
• Continually develop awareness of the underlying principles and concepts on which the work within the area of responsibility is based, building upon administrative / operational expertise.
• Make judgements based on practise and previous experience.
• Assess the validity and applicability of previous or similar experiences and evaluate options under circumstances that are not covered by procedures.
• Communicate sensitive or difficult information to customers in areas related specifically to customer advice or day to day administrative requirements.
• Build relationships with stakeholders/ customers to identify and address their needs.

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.

Join us as an Analyst - Compliance Assurance 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.

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

To be successful as an Analyst - Compliance Assurance, you should have experience with:

•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 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.

 Desirable skillsets:

• Articleship 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.

•Own and drive personal learning and development to support achievement of career aspirations.

 This role will be based out of Pune.