Job Title: Regulatory Readiness and Outreach Analyst
This role will play a pivotal part in supporting the business's regulatory compliance framework.
The successful candidate will work closely with internal stakeholders, regulators, and industry bodies to drive regulatory readiness initiatives. Their insights and analyses will contribute to ensuring that Barclays is ahead of regulatory changes and prepared for new compliance assignments.
* Key Responsibilities:
* Support Wholesale Onboarding with day-to-day processing, reviewing, reporting, and issue resolution.
* Collaborate and engage with clients/front office to gather Customer Due Diligence information/evidence in order to onboard or refresh a client's KYC in line with documented policy.
* Collaborate with teams across the bank to align and integrate Wholesale Onboarding processes.
* Identify areas for improvement and provide recommendations for change in Wholesale Onboarding processes.
* Develop and implement Wholesale Onboarding procedures and controls to mitigate risks and maintain operational efficiency.
* Develop reports and presentations on Wholesale Onboarding performance and communicate findings to internal senior stakeholders.
* Identify industry trends and developments to implement best practice in Wholesale Onboarding.
* Participate in projects and initiatives to improve Wholesale Onboarding efficiency and effectiveness.
Purpose of the Role
To support Wholesale Onboarding with day-to-day processing, reviewing, reporting, and issue resolution.
Accountabilities
* Day-to-day Wholesale Onboarding initiatives including KYC processing, reviewing (which can include Quality Checking), reporting, trading and issue resolution.
* Clients/front office collaboration to gather Customer Due Diligence information/evidence in order to onboard or refresh a clients KYC in line with documented policy.
* Collaboration with teams across the bank to align and integrate Wholesale Onboarding processes.
* Areas for improvement identification and provision of recommendations for change in Wholesale Onboarding processes.
* Development and implementation of Wholesale Onboarding procedures and controls to mitigate risks and maintain operational efficiency.
* Wholesale Onboarding performance development of reports and presentations and communication of findings to internal senior stakeholders.
* Identification of industry trends and developments to implement best practice in Wholesale Onboarding.
* Participation in projects and initiatives to improve Wholesale Onboarding efficiency and effectiveness.
Analyst Expectations
* Impact on related teams within the area.
* Partnering with other functions and business areas.
* Taking responsibility for end results of a team's operational processing and activities.
* Escalating breaches of policies / procedure appropriately.
* Responsibility for embedding new policies/ procedures adopted due to risk mitigation.
* Advising and influencing decision making within own area of expertise.
* Ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
* Maintaining and continually building an understanding of how own sub-function integrates with function, alongside knowledge of the organisation's products, services and processes within the function.
* Demonstrating understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
* Make evaluative judgements based on the analysis of factual information, paying attention to detail.
* Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
* Guide and persuade team members and communicate complex / sensitive information.
* Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.
All colleagues are 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.