Compliance Advisory

Compliance Advisory (Retail or Mortgage)

Contract length: 6 Months

Hybrid: 2 days in the office

Location: London

Department: Product Business Oversight Compliance

Job type: Contract

Overall purpose of role:

This role is required to support Compliance oversight of the BUK Program to onboard and oversee the integration of KMC once Regulatory Approvals have been obtained. The role holder will:

• Operate across the Program workstreams to provide second line oversight and check and challenge of deliverables.

• Provide updates and timely escalations to Compliance Leadership as necessary.

• Engage Senior BUK, BUK Compliance, and KMC colleagues to support delivery of Compliance owned actions.

• Undertaken actions required to embed BUKs Conduct Risk Management Framework into KMC, to enable effective reporting, escalation and decision making through 1st and 2nd line functions.

• Undertake / oversight detailed additional due diligence on thematic risks requiring review e.g., Vulnerable Customers, Mortgage Prisoners as defined by the Program.

• Support activities required to embed the second line of defence oversight model of KMC within BUK Compliance

Key Accountabilities:

The role holder will work as part of a virtual Compliance Team to provide day to day oversight of all Integration Program workstreams, to ensure that Conduct, Financial Crime, Privacy and Treasury risks as identified and mitigated. They will ensure that risks and issues are appropriately escalated for visibility within the Program and within Compliance, and take accountability for proposing necessary actions.

They will work with BUK and KMC to assess KMC’s alignment and compliance with BUK Conduct Policies and Standards (covering Conduct, Financial Crime and Treasury risks). Through this work they will identify any potential gaps or risks and oversight completion of any actions required e.g. creation and delivery of action plans, and the raising of Dispensations, Waivers, or Breaches.

Support any activity required by BUK and BUK Compliance to embed an effective oversight of Conduct Risk within KMC. Undertake activity to consider the impacts of any Compliance owned processes under the Barclays Enterprise Process Taxonomy, to define any impacts and actions required as part of ongoing integration activity.

They will support value creation activity and any proposed strategic deliverables associated with KMC becoming part of BUK, with oversight and check and challenge on the Regulatory perimeters and requirements, conduct and reputational risks.

Essential Skills:

• Excellent communication and stakeholder management skills with an ability to influence across a variety of businesses and functions at all levels of the organisation.

• Ability to manage multiple issues at an operational level and demonstrate a systematic, disciplined and analytical approach but able to adapt to changing requirements and tight timescales.

• Ability to work independently and in a team environment, and plan and organise work efficiently and effectively to deliver promptly and reliably both personally and for their team.

• Business skills such as delivering high quality work product on a tight schedule and ability to make and stand by decisions.

• Extensive experience in financial services compliance.

About Barclays

Barclays is a British universal bank. It is diversified by business, by different types of customers and clients, and by geography. Barclays businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by its service company which provides technology, operations and functional services across the Group.

Values

Everything Barclays does is shaped by its five values of Respect, Integrity, Service, Excellence and Stewardship. The Barclays values inform the foundations of its relationships with customers and clients, but they also shape how Barclays measure and reward the performance of colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.

Diversity

Barclays aims to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to Barclays vision and goals.

Hybrid Working

Barclays is currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. Barclays is flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. Barclays also has a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances 

Your Benefits

As a contract employee of Randstad Sourceright, you’ll receive a wide range of financial and personal benefits. There’s enrolment in a pension plan (after 12 weeks on assignment) and holiday pay. You’ll also get 24/7 access to an Employee Assistance Programme, designed to help you deal with any problems that could be affecting your home or work life. Plus, there’s discounts at heaps of high street shops, restaurants and entertainment - from Asda to Zizzi Italian restaurants.