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Barclays Investment Bank · 1 month ago

Markets Business Oversight Compliance - Macro and Laws, Rules, and Regulations

745 7th Avenue, New York

Full-time

Onsite

Senior Level

$145K/yr - $200K/yr

Barclays Investment Bank is seeking a Markets Business Oversight Compliance professional to enhance their compliance approach regarding Laws, Rules, and Regulations applicable to the firm. The role involves providing oversight to the Macro Business within Markets, ensuring compliance with regulatory policies and conducting investigations into compliance risks.

BankingFinancial Services

Responsibilities

Identification and assessment of compliance risks through thorough reviews of business activities, changes, processes, testing and systems to

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

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

Qualification

Financial services experienceSecuritiesDerivatives knowledgeCompliance risk assessmentRegulatory frameworks knowledgeProblem solving skillsBusiness acumenChangeTransformationDigitalTechnology skillsStrategic thinking

Required

Experience in the financial services industry, preferably at a broker-dealer/swap dealer

Knowledge of Securities and Derivatives Laws, Rules and Regulations for Fixed Income Businesses and how they impact those businesses

Knowledge of business controls and regulatory frameworks

Experience working in markets compliance or a similar controls function with check and challenge experience

Preferred

Ability to interpret regulations and provide solutions

Understanding of global compliance standards

Experience supporting the roll-out of a control framework

Problem solving skills and a demonstrated ability to take initiative, work independently and critically identify and analyze issues associated with sophisticated products and transactions

Company

Barclays Investment Bank

Barclays Investment Bank offers large corporate clients with strategic advisory, financing, and risk management solutions. It is a sub-organization of Barclays Corporate Banking.

Founded in 1997