Mumbai Conduct Compliance Assurance VP

Job Description

Job Title: Mumbai Conduct Compliance Assurance VPLocation: MumbaiAbout BarclaysBarclays 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 ObjectiveEnsure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.Working FlexiblyWe re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers and clients needs. Whether you have family commitments or you re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility then please discuss this with the hiring manager.Introduction:This is an opportunity to join the Compliance Assurance team, an independent testing function within Compliance designed to assess potential conduct and reputational risks through the performance of business and thematic reviews. This role seeks individuals who are highly motivated and highly competent who are able to conduct and drive reviews. The Compliance Assurance team is primarily responsible in the firm for providing assurance on the effectiveness of conduct and reputational risk management through the review of relevant firm controls, culture and behaviors. What will you be doing

• Design and deliver reviews that provide strong insight and value by identifying risks and issues, or examples of good practice. Clearly articulating root causes, outcomes and consequences to support corrective actions or the further embedding of robust controls and processes at a fundamental level.
• Adopt Data Analytics to use logic and analytical skills in reviews while providing assurance and identifying issues.
• Lead reviews to ensure you and your review team adhere to the Compliance Assurance methodology in the execution of reviews (throughout planning, testing, and reporting) and the monitoring and validation of issues and actions. Being fully accountable for working papers being completed timely and accurately, with clear and concise findings.
• Lead assurance activities that identify risk/control/outcome deficiencies of the upmost relevance, providing valuable insights and informed opinions. Prepare robust action plans designed to materially and sustainably mitigate the risks identified in the issue.
• Provide cultural leadership through recognising and valuing differences, e.g. through collaboration across diverse networks.
• Support staff with effective coaching and identify development areas. Provide opportunities for staff to improve and showcase their skills demonstrating collaborative team work.
• Constantly strive for, and implement, better ways of working to demonstrate increased efficiency and productivity, demonstrate forward planning, utilising less resource(s) by meeting planned timescales or bringing review in ahead of schedule with effective allocation of tasks, utilising reviewers strengths.
• Realise efficiencies within the Standard Review lifecycle that both heightens the overall assurance product effectiveness and allows for compression of the end to end lifecycle timeline, without compromising quality of work. Ability to quickly identify resource constraints or spare capacity to manager.
• Keep up to date on business developments, regulatory change, internal policies and Compliance objectives so that Compliance Assurance work remains relevant, timely and valuable.
• Aid continual review and development of the annual review plan through assessing the conduct, reputational and regulatory risks of existing business activities and new business initiatives, or changes to internal and external factors that might impact the business in meeting conduct and regulatory expectations. Agreeing review coverage and development of clearly articulated review scope.

What we re looking for:

• Strong understanding of India Corporate Investment Banking and Private Banking business, preferably with a global Investment bank.
• Strong 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.
• Experience of discussing contentious observations with management and recommending necessary actions.
• Track record of high performance and effective execution, ability to deliver high quality work in a timely and structured manner as part of a team.
• Effective line management to develop direct reports and support achievement of their career aspirations.

Skills that will help you in the role:

• Technical Compliance knowledge and the application of local regulatory or comparable rules and guidance in relation to relevant Barclays Businesses.
• Strong understanding of controls and ability to assess control effectiveness
• Prior experience in Compliance Advisory, Assurance, Front Office Controls Testing or Audit
• Working knowledge or prior experience of working with an Automated Assurance team to increase the use of data driven testing and data analytics within reviews.
• Adaptable and ability to embrace change as team evolves to stay relevant to business model changes and needs

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Keyskills :
data driven testingrisk management frameworkfront officenew businessdata analyticsprivate bankingrisk managementline managementconsumer bankingequipment supply