Business Oversight Compliance Specialist (Macro) - AVP

Job Description

Purpose of the role

To provide data-led expert oversight and check and challenge on business and compliance matters to evidence that the organisation is operating in a compliance with Barclays legal, regulatory and ethical responsibilities. 

Accountabilities

• Identification and assessment of compliance risks through thorough reviews of business activities, changes, processes, testing and systems to.
• Identification and investigation of potential market abuse, including but not limited to, Insider Dealing, Unlawful Disclosure, Market Manipulation or Anti-Competitive Conduct.
• Conduct investigation of compliance risk events or breaches. Oversight and check and challenge of corrective actions and preventative measures to avoid future occurrences.
• Implementation of compliance policies and procedures in line with regulatory requirements and ensuring that the bank’s internal policies are aligned with international standards, including jurisdictional requirements.
• Collaboration with 1LOD, other relevant Compliance teams and legal, and relevant risk management functions to facilitate a comprehensive approach to compliance and risk management.
• Identification, investigation and oversight of potential money laundering, terrorist financing or other financial crime.

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.

Join Barclays as a Business Oversight Compliance Specialist AVP (Macro), providing Compliance coverage to Macro businesses within Markets supporting wider APAC priorities. In this role, you will help identify, assess and manage compliance risks, deliver independent, data-led compliance oversight and constructive challenge, and strengthen controls in line with legal, regulatory and ethical standards. You will provide timely, transaction-specific guidance on conduct, reputational and regulatory matters, support the implementation of Compliance policies and plans, and work closely with Markets, Legal, Risk and other control functions to promote effective risk management.

The role requires a good understanding of foreign exchange and rates products, market structure, and associated controls. It may also support areas such as market abuse and compliance investigations, new product approvals, business growth initiatives, verification checks, thematic reviews and Compliance monitoring. At Assistant Vice President level, the position involves contributing to decisions, supporting policy development and promoting operational effectiveness. Effective analytical, organisational, communication, collaboration and stakeholder-management skills are required to manage competing priorities and provide practical, solutions-focused advice.

To be successful as a Business Oversight Compliance Specialist (Macro), you should be able to:

• Act as a primary Compliance coverage contact for the Singapore Macro business, developing a thorough understanding of its products, clients, strategy, controls and risk profile.
• Provide clear, practical, and timely advice on day-to-day business activities, transactions, new initiatives, conduct matters and regulatory requirements, escalating material concerns where appropriate.
• Provide independent, risk-based review and constructive feedback to the business, with particular focus on conduct risk, reputational risk and the effectiveness of the control environment.
• Support business growth initiatives and change across APAC, including identification of relevant legal and regulatory obligations, governance expectations, controls, conditions and post-implementation actions.
• Support the delivery of the APAC Markets BOC Compliance Plan, with particular emphasis on Verification Checks, compliance-related training, and MI production

Essential skills:

• Relevant Compliance, Legal, regulatory or risk experience within financial services, ideally supporting a Markets business.
• Good understanding of foreign exchange and rates products, market structure, and associated controls.
• Experience providing real-time or transaction-specific Compliance or regulatory guidance.
• Knowledge of key global and APAC regulatory requirements relevant to Markets.
• Effective written and verbal communication skills. Chinese language capability would be preferred to support interactions with stakeholders in the Greater China region.

Desirable skills:

• Prior experience covering Macro businesses, including foreign exchange, rates, or emerging markets.
• Effective collaboration and stakeholder-management skills, including engagement with senior business and control leaders.
• Analytical, detail-oriented and able to retain a clear view of the broader risk and business context.

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

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.