Business Oversight Compliance - Rates & FX & Emerging Markets

Barclays UK; Greater London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading global investment bank is seeking a Business Oversight Compliance VP to oversee compliance within the Macro team. Your role will involve providing compliance advice across Rates, FX, and Emerging Markets while collaborating with various stakeholders. The ideal candidate should have a strong background in compliance within a global investment bank and a deep understanding of relevant financial products. The position is based in London and offers an opportunity to influence compliance strategies and operational efficiencies.

Qualifications

• Strong track record of performance in an Business Oversight/Advisory Compliance role within a global investment bank.
• Thorough understanding of Rates and FX products, with relevant work experience.
• Strong understanding of the role of a Compliance function and risk frameworks.

Responsibilities

• Collaborate with stakeholders to identify process optimisation opportunities.
• Develop and implement strategies to improve banking operations efficiency.
• Participate in projects to improve performance and efficiency.

Skills

Business Oversight/Advisory Compliance experience

Understanding of Rates and FX products

Knowledge of compliance functions in financial institutions

Excellent regulatory knowledge

Strong communication skills

Job description

Overview

Join us as a Business Oversight Compliance VP in the Macro team covering Rates, FX and Emerging Markets, where you'll be responsible for providing day-to-day Compliance oversight and advice to the Macro business within Barclays’ Investment Bank. The role will involve working closely with colleagues across Markets Compliance, the front office and various infrastructure areas.

The Macro business (which includes Rates, FX and Emerging Markets) is responsible for Barclays’ secondary market-making activities in sovereign bonds, interest rates derivative products and FX products in G10 and Emerging Markets. The business provides hedging and structuring solutions to a wide range of clients.

To be successful as a Macro Business Oversight Compliance VP, you should have:

• Strong track record of performance in an Business Oversight/Advisory Compliance role within a global investment bank

• Thorough understanding of Rates and/or FX products (sovereign bonds, interest rates swaps and options, FX spot, FX swaps and forwards, FX options, structured solutions) and how the market operates, with relevant work experience

• Strong understanding of the role of a Compliance function, risk frameworks and risk ownership in a global financial institution

• Excellent knowledge of key relevant regulatory global regulations and industry guidelines

• Highly motivated with a proactive attitude, driven to provide consistently excellent service and outcomes

Other highly valued skills include:

• Effective management of a diverse book of work with varying priorities and deadlines in a fast-paced environment with good attention to details, takes accountability for own and team deliverables

• Good business judgment, integrity, commercial awareness and problem-solving skills, ability to check and challenge, influence behaviours, particularly in challenging situations, know when to escalate

• Ability to identify potential conduct issues and to develop strategies to mitigate risk

• Strong team player with strong verbal and written communication skills who can also work independently

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 and digital and technology, as well as job-specific technical skills.

This role is based in London.

Purpose of the role

To collaborate with stakeholders and use data and MI to identify process optimisation opportunities for capacity creation in relevant business areas.

Accountabilities

• Development and implementation of strategies to improve the efficiency and effectiveness of banking operations, using data led insights.
• Participation in projects and initiatives to improve performance & optimisation efficiency and effectiveness.
• Development of reports and presentations on performance & optimisation and communicate findings to internal senior stakeholders.
• Identification of industry trends and developments, and collaboration with stakeholders across the bank to provide recommendations for change and improvement within performance and optimisation processes.
• Development and implementation of analytics and reporting performance & optimisation to mitigate risks and maintain efficient operations.
• Identification of capacity creation in operations using data and Management Information.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• 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 be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills 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.