Barclays India | Assistant Vice President – Corporate Banking Business Oversight Compliance, Barclays Bank India

Responsibilities

• Purpose of the roleTo 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.
• Provide risk-based advice and independent check and challenge on business activities, complex transactions, client matters and regulatory requirements.
• Assess and challenge first-line risk assessments, control design, remediation plans and management responses, escalating material risks where required.
• Lead or support new product governance, regulatory change, risk monitoring, testing, thematic reviews and targeted deep dives.
• Support regulatory examinations, audits, information requests and regulatory engagements, ensuring responses are accurate, timely and appropriately evidenced.
• Track issues, regulatory commitments and remediation actions through to sustainable closure, challenging delays or inadequate evidence.
• 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.
• 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.

Requirements

• Strong knowledge of the Indian regulatory environment, including Reserve Bank of India requirements and expectations.
• Good understanding of Corporate Banking products and services, including lending, trade and working capital, cash management, transaction banking and foreign exchange.
• Experience in assessing complex proposals and transactions and providing practical, risk-based recommendations.
• Experience in regulatory change, new product governance, monitoring/testing, issue management, regulatory engagement, audits or inspections.
• Strong analytical, stakeholder management, communication, organisation and execution skills.
• Experience within a global or international banking environment.
• Knowledge of Securities and Exchange Board of India requirements, where applicable.
• Experience in regulatory examinations, supervisory engagements or industry consultations.
• Experience in developing management information and conducting data-led thematic reviews or deep dives.

Barclays

Barclays is a British universal bank with consumer, corporate and investment banking businesses. Its history goes back to 1690 in London.

Barclays' Indian centres support the group's global operations, finance and technology. Finance professionals typically work in financial control, regulatory reporting, product control, tax and risk.

• Industry: Banking and financial services
• Headquarters: London, UK
• In India: Banking in India plus large Barclays service centres (including Pune, Chennai and Noida)