BOC - BI Conduct 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.

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, 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.

Join us at Barclays' Compliance Assurance team, where you'll play a crucial role in ensuring compliance with financial crime risks while working with stakeholders across APAC and globally. Wide knowledge of Private Banking, Investment Banking, and Corporate Banking business, preferably with a India Private Banking will be a plus .You should possess exceptional investigative skills with the capability to identify associated key Financial Crime risks and areas of non-conformance with regulatory and legislative requirements and lack of controls, identify root cases, themes and trends along with experience of discussing contentious observations with management and recommending necessary actions. You should demonstrate a track record of high performance and effective execution and ability to deliver high quality work in a timely and structured manner to succeed in this role.

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

To be successful with this role, you should have experience with:

Basic/ Essential Qualifications:

• Graduate/post graduate degree.

• Team player, proactive, eager to learn and challenge status quo.

• Clear and concise communication, good email and report writing skills.

• Demonstrate good knowledge of Financial Crime and India Financial Crime regulatory requirements.

• In-depth knowledge in the Private Banking and Customer Due Diligence and Know Your Customer areas.

Desirable skillsets/good to have:

• Have been involved in the 1st Line of Defense/2nd Line of Defense testing or Internal Audit on FC risks and controls in the Private Banking area.

• Association of Certified Anti-Money Laundering Specialists or International Compliance Association certified.

• Have data analytics skillsets.

This role will be based out of Mumbai/Pune.