Financial Crime Legal Counsel

Barclays

Jul 31

Applications are closed

Job
Full-time
Senior & Expert Level
Glasgow

Requirements

- Development of detailed test plans and procedures that comprehensively assess the design and operating effectiveness of controls.
- Performance of independent testing of internal controls, including manual and automated testing techniques, to assess their effectiveness in mitigating identified risks.
- Identification and implementation of improvements to the bank's control testing processes and procedures.
- Collaboration with other control professionals to resolve complex issues and ensure consistent testing methodologies across the bank.
- Preparation of detailed reports summarising the testing results, highlighting key findings and recommendations for remediation.
- 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.
- They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive.

Responsibilities

- Development of detailed test plans and procedures that comprehensively assess the design and operating effectiveness of controls.
- Performance of independent testing of internal controls, including manual and automated testing techniques, to assess their effectiveness in mitigating identified risks.
- Identification and implementation of improvements to the bank's control testing processes and procedures.
- Collaboration with other control professionals to resolve complex issues and ensure consistent testing methodologies across the bank.
- Preparation of detailed reports summarising the testing results, highlighting key findings and recommendations for remediation.
- 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.

FAQs

What is the main purpose of the Financial Crime Legal Counsel role?

The main purpose of the Financial Crime Legal Counsel role is to safeguard the bank's assets and operations by independently assessing the effectiveness of internal controls across various business units and systems.

What are the key accountabilities associated with this role?

Key accountabilities include the development of detailed test plans, performing independent testing of internal controls, identifying and implementing improvements to the control testing processes, and preparing reports that summarize testing results and highlight key findings.

What is expected of someone in the Assistant Vice President position?

An Assistant Vice President is expected to consult on complex issues, identify ways to mitigate risk, take ownership of managing risk, collaborate with other areas of the organization, and engage in complex analysis of data to solve problems creatively and effectively.

How does this role involve collaboration with other professionals?

The role requires collaboration with other control professionals to resolve complex issues, ensure consistent testing methodologies across the bank, and engage with business aligned support areas to stay updated on business activities and strategies.

What qualities or behaviors are expected from all colleagues at the bank?

All colleagues are expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, as well as exhibit the Barclays Mindset, which encompasses empowering, challenging, and driving behavior.

What skills are necessary for effectively communicating in this role?

Effective communication skills are essential for conveying complex information, including sensitive content, and for influencing stakeholders to achieve desired outcomes.

What does the role entail regarding risk management?

The role entails identifying ways to mitigate risks, developing new policies/procedures to support control and governance, and taking ownership of managing risk to strengthen controls in all related work.

Can you describe the testing techniques used in this role?

The role involves using both manual and automated testing techniques to assess the effectiveness of internal controls in mitigating identified risks.

What is the significance of the reports prepared in this role?

The reports prepared in this role summarize the results of testing, highlight key findings, and provide recommendations for remediation, which are crucial for improving the bank's controls and addressing any identified issues.

Barclays

Barclays is a British multinational bank offering personal, corporate, and investment banking services worldwide.

Finance

Industry

10,001+

Employees

1690

Founded Year

Mission & Purpose

Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our 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 our service company which provides technology, operations and functional services across the Group. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 83,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. Barclays is a trading name of Barclays Bank PLC and its subsidiaries. Barclays Bank PLC is registered in England and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England. Registered No. 1026167. Registered office: 1 Churchill Place, London E14 5HP.