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Business Oversight Compliance Private Bank coverage provides proactive compliance risk management to the Private Bank business in Barclays Europe, in line with the Compliance operating model. You will be an experienced Compliance professional with strong knowledge of EU and Irish financial services legislation relating to investments, banking and credit products (MiFID, PSD, EU marketing requirements, CPC, etc.) and associated industry guidance. You will have a proven track record of using these skills in a risk management capacity to oversee the key controls and advise on conduct, regulatory and reputational matters impacting the Private Bank. You will use this experience to participate in governance forums, investigate compliance breach and issue management, conduct compliance targeted reviews, support compliance risk assessments, and contribute to the team's annual planning and prioritization, and attendance at key industry forums. The role requires strong stakeholder management skills, the ability to provide clear, well-reasoned Compliance challenge, an ability to lead on projects and initiatives, and to provide compliance advice that is supported by clear rationale and justification. The role an extensive experience in Compliance, direct experience working within an EU‑regulated firm, and a recognised compliance qualification (e.g. LCI).
Job Responsibility:
Identification and assessment of compliance risks through thorough reviews of business activities, changes, processes, testing and systems
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
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
Requirements:
Extensive experience in Compliance and direct experience working within an EU‑regulated firm
A recognised compliance qualification (e.g. LCI)
strong stakeholder management skills and the ability to provide clear, well-reasoned Compliance challenge
strong knowledge of EU and Irish financial services legislation relating to investments, banking and credit products (MiFID, PSD, EU marketing requirements, CPC, etc.) and associated industry guidance
proven track record of using these skills in a risk management capacity to oversee the key controls and advise on conduct, regulatory and reputational matters impacting the Private Bank
ability to lead on projects and initiatives, and to provide compliance advice that is supported by clear rationale and justification
This role is deemed as a Controlled Function role under the Central Bank of Ireland Fitness and Probity Regulations and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks
What we offer:
Health and wellness
Gain access to wellness rooms, gyms and mental health support
A place where you can belong
Our welcoming and inclusive culture supports you to bring your whole self to work, explore your potential and pursue your passions
Collaborative Areas
Modern spaces designed for teamwork and brainstorming
More than work
There’s so much more than work to involve and engage you on campus. From socialising to sports, from community events to volunteering