Compliance Officer AVP-Advisory

Job Description

Purpose of the role

To 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. 

Accountabilities

• 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.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. 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. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• 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 lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders 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.

Join us as a Compliance Officer AVP– Advisory, where you will provide expert guidance, oversight and challenge on compliance risks and regulatory requirements to ensure Barclays US Consumer Bank (USCB) operates within Barclays’ legal, regulatory, and ethical standards. You will assess compliance risks and collaborate with key stakeholders to strengthen regulatory frameworks. Your role will involve ongoing engagement with 1LOD and 2LOD business partners and Legal Department, advising on policy requirements and enhancements, and ensuring adherence to US regulatory compliance requirements.

To be successful as a Compliance Officer AVP– Advisory, you should have experience with:

• Compliance advisory guidance, risk management and regulatory oversight

• Advising on marketing collateral, initiatives and campaigns which would include new product review, day-to-day product guidance, and formal review of marketing materials and other customer-facing collateral within SLAs to ensure materials follow applicable laws and adhere to Barclay’s Compliance Risk and Reputation Risk framework

• Active engagement with key initiatives within USCB including new project initiatives and programs assisting in the check and challenge of control activities to ensure compliance requirements, including USCB Compliance Operational Guidance, are implemented 

• Tracking and following-up on Compliance related issues to ensure remediation and closure in accordance with policies, procedures, and standards

Other highly valued skills include:

• Prior or current experience in reviewing marketing collateral and other customer facing collateral

• Experience with consumer protection regulations from a compliance advisory perspective (e.g., ECOA, TILA, FCRA, UDAAP, Can-Spam)

•  Ability to analyze business processes, identify compliance risks, and recommend and champion improvements

• Stakeholder management and excellent verbal and written communication skills

•  Bachelor’s or Master’s degree in Law, Finance, Business, or a related field

You may be assessed on 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.

This role is based out of Wilmington, DE.