Head of Compliance - Gift City branch

Job description

# **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 Head of Compliance - Gift City branch Where you will be responsible for: - Leading the Compliance function for the GIFT City Branch while acting as the designated Head of Compliance. - Providing compliance advisory support and Financial Crime Compliance oversight across the GIFT City Branch. - Designing and executing second line of defence testing, compliance monitoring, conduct risk assessments, and regulatory conformance reviews in line with IFSCA and Group requirements. - Managing regulatory inspections, responding to regulatory queries, and ensuring compliance with IFSCA expectations. - Assessing the impact of regulatory developments and advising senior management on regulatory changes affecting the business. - Ensuring Group policies and local regulatory requirements are effectively implemented, embedded, and periodically reviewed. - Partnering with the business to strengthen the Enterprise Risk Management Framework, with a focus on conduct risk. - Advising senior business stakeholders on real-time compliance matters to ensure banking practices remain compliant with applicable regulations. - Supporting engagement with regulators by providing policy feedback and representing compliance perspectives where required. - Managing Financial Crime Compliance obligations, including filing Suspicious Transaction Reports (STRs) and other regulatory reports. - Escalating significant compliance matters and providing timely updates to regional management. - Advising the business on cross-border regulatory and compliance matters relevant to the GIFT City Branch. - Maintaining effective communication with senior management and business leaders on regulatory risks, policy updates, audits, inspections, and compliance breaches. - Supporting regulatory examinations, investigations, and responses to regulatory inquiries. - Leading the implementation of new regulatory initiatives, devel