Job DescriptionPurpose of the role
To ensure that the financial services regulation activities are conducted in compliance with applicable laws and regulations, and to help the bank manage legal and regulatory risks associated with these activities.
Accountabilities
- Development and implementation of best practice legal strategies for risk management and compliance.
- Legal advice and support to the business on regulatory affairs, including regulatory compliance, risk management, and transactional matters.
- Subject matter support in the Legal department’s representation of the bank in legal proceedings related to regulatory matters, such as litigation, arbitration, and regulatory investigations.
- Review of relevant legislation and regulation and creation and review of legal documents, where applicable, to ensure compliance with applicable laws and regulations.
- Legal research and analysis to stay up to date on changes in laws and regulations that may impact the bank's operations.
- Developing and delivering training programmes to educate employees on applicable legal and regulatory requirements related to the bank's operations.
- Pro-active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs). Keeping up to date with regards to changes to LRRs in the relevant coverage area. Ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls.
Vice President Expectations
- 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.
As a Barclays Regulatory Implementation Legal Counsel VP, you will be part of the legal team overseeing Barclays' response to new regulations affecting the firm, managing risk and challenges and identifying opportunities arising from regulatory change.
To be successful as a Regulatory Implementation Legal Counsel VP, you should have experience with:
- Assessing new regulatory proposals
- Reviewing, evaluating, and explaining new regulatory developments to senior management and advising on implementation of new guidelines, practices, and policies across the firm
- Working with stakeholders across regions to develop global regulatory strategies
Some other highly valued skills may include:
- 5+ years experience at a nationally recognized law firm and/or in-house at a financial institution
- J.D. or equivalent degree and New York state bar admission
- Ample written and oral communication skills
You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.
Salary / Rate Minimum: $260,000
Salary / Rate Maximum: $300,000
This role will be located in New York.
The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.
