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Regulatory Capital Reporting - AVP CCR

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Barclays

15d ago

  • Job
    Full-time
    Senior Level
  • Legal
    Banking & Finance
  • Chennai

AI generated summary

  • You must have legal right to work, consult on complex issues, manage risks, collaborate across teams, analyze data creatively, and communicate effectively to influence stakeholders.
  • You will assess regulatory risks, develop compliance strategies, prepare reports, analyze data, train staff, liaise with regulators, and manage reporting systems.

Requirements

  • - Legal Right to Work in any role that you apply for.
  • - If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application.
  • - Sponsored visas are role and entity specific and any changes must be reviewed.
  • - Ensure you are working on the correct visa at all times.
  • - Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.
  • - 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.
  • - Influence or convince stakeholders to achieve outcomes.

Responsibilities

  • - Identification and assessment of prudential regulatory reporting risks arising from the bank's activities, products, and services.
  • - Development and implementation of strategies to mitigate prudential regulatory reporting risks, ensuring compliance with all applicable laws, regulations, and internal control policies, and conduct regular compliance reviews and audits to identify and address potential compliance gaps or violations.
  • - Assessment of the effectiveness of the bank’s internal control processes and governance framework, including addressing any weaknesses or gaps that could lead to regulatory reporting non-compliance, and implementation of measures to strengthen internal controls.
  • - Preparation and submission of regulatory reports to authorities, and provision of support to other departments in their preparation and review of regulatory reports.
  • - Analysis and presentation of regulatory data to provide insights into business performance, identify trends, and support decision-making.
  • - Development and implementation of training programmes to educate employees on regulatory requirements and compliance responsibilities.
  • - Communication and liaising with regulatory bodies, prompt responses to inquiries and provision of requested information, and representation of the bank in meetings with regulators.
  • - Management of the selection, implementation, and maintenance of regulatory reporting systems and software applications, including collaboration with IT colleagues to integrate regulatory reporting systems with other enterprise systems.

FAQs

What are the main responsibilities of the Regulatory Capital Reporting - AVP CCR role?

The main responsibilities include identifying, assessing and mitigating prudential regulatory reporting risks, overseeing regulatory reporting processes, preparing and submitting regulatory reports, analyzing regulatory data, conducting compliance reviews, developing training programs, and liaising with regulatory bodies.

What skills are important for success in this role?

Key skills for success include risk and controls assessment, change and transformation management, business acumen, strategic thinking, digital and technology proficiency, and job-specific technical skills in regulatory reporting.

Are there opportunities for professional development in this position?

Yes, there are opportunities for professional development, including the development and implementation of training programs to educate employees on regulatory requirements and compliance responsibilities.

Is sponsorship available for this position?

Sponsorship for work visas is role and entity specific; candidates must declare visa status during application, and any changes must be reviewed to ensure compliance.

What is the expected level of collaboration in this role?

The role requires collaboration with other departments, especially in preparing and reviewing regulatory reports, as well as working with IT colleagues to maintain regulatory reporting systems.

What are the expectations for an Assistant Vice President in this role?

Expectations include consulting on complex issues, identifying risk mitigation strategies, managing risk and control processes, engaging in complex data analysis, and effectively communicating complex information to stakeholders.

How does this role align with Barclays' values?

Colleagues in this role are expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, as well as embody the Barclays Mindset to Empower, Challenge, and Drive.

Will I be involved in communication with regulatory bodies?

Yes, the role involves maintaining open communication with regulatory bodies, responding promptly to inquiries, providing requested information, and representing the bank in meetings with regulators.

Are there specific compliance reviews or audits that are part of this job?

Yes, conducting regular compliance reviews and audits to identify and address potential compliance gaps or violations is a key responsibility of this role.

What tools or systems will I be working with in this position?

You will manage the selection, implementation, and maintenance of regulatory reporting systems and software applications, collaborating with IT teams to ensure proper integration with other enterprise systems.

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.