UK Private Bank & Wealth Management Business Oversight Compliance Lead

Job Skills Required:

Essential Skills/Basic Qualifications:

• Strong SME across Financial Crime regulation, guidance, and risk mitigation strategies.
• Skilful coordination in working across a wide range of stakeholders both within and beyond the function.
• Understanding of different business segments, products, and the associated financial crime risks.
• Highly organised and structured with excellent written communication skills.
• Experience with mass affluent portfolio business.

Desirable skills/Preferred Qualifications:

• Robust understanding of jurisdictional risks and geopolitical developments.
• Understanding of project management lifecycle and governance.
• Financial Crime qualification.

Purpose of the role

To provide data-led expert oversight, check, and challenge on business and compliance matters to ensure the organization operates in 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.
• Investigation of potential market abuse, including Insider Dealing, Unlawful Disclosure, Market Manipulation, or Anti-Competitive Conduct.
• Conduct investigations of compliance risk events or breaches and oversee corrective actions to prevent future occurrences.
• Implementation of compliance policies and procedures aligned with regulatory requirements and international standards.
• Collaboration with 1LOD, other compliance teams, legal, and risk management functions for comprehensive risk management.
• Identification, investigation, and oversight of potential money laundering, terrorist financing, or other financial crimes.

Director Expectations

• Manage a business function, contribute to strategic initiatives, and influence policy and procedures.
• Lead a large team or manage organization-wide projects, acting as a technical expert and thought leader.
• Provide expert advice to senior management and committees to influence decisions.
• Manage resourcing, budgeting, and policy creation for a significant sub-function.
• Escalate breaches of policies/procedures appropriately.
• Foster compliance and ensure regulatory adherence.
• Monitor and influence external environment, regulators, and advocacy groups.
• Maintain knowledge of industry practices and external developments.
• Use analytical skills to solve complex problems and design solutions.
• Make significant strategic decisions within own area.
• Negotiate and influence stakeholders at senior levels.
• Act as principal contact for key clients and counterparts.
• Serve as a spokesperson for the function and business division.

All Senior Leaders are expected to demonstrate leadership behaviors: Listen and be authentic, Energise and inspire, Align across the enterprise, Develop others.

All colleagues are expected to embody Barclays Values: Respect, Integrity, Service, Excellence, and Stewardship, and demonstrate the Barclays Mindset: Empower, Challenge, Drive.