Laws, Rules, and Regulations Oversight Risk - AVP

Barclays•New York, NY

1d•$110,000 - $135,000

About The Position

Join us as a Laws, Rules, and Regulations Oversight Risk - AVP. You will assist efforts to define and manage the approach to LRR Risk across the organization. In this role, you will provide expert oversight, offer data-led challenge, and ensure compliance with applicable laws and regulatory standards. You’ll work closely with stakeholders to enhance risk governance and deliver critical insights. This is a strategic position that will expand to cover additional areas as the team evolves.

Requirements

Experience in legal, risk, compliance, or regulatory oversight roles within financial services
Communication skills and ability to engage stakeholders and senior leadership
Expertise in evaluating, testing, and providing oversight of controls and processes that mitigate regulatory risk

Nice To Haves

Prior experience in control functions (including oversight of control functions) and navigating regulatory change
Ability to work independently and adapt in a fast-paced, evolving environment
Stakeholder management and excellent verbal and written communication skills

Responsibilities

Definition and maintenance of the framework for managing LRR Risk, including the LRR Risk Management Policy and Standard.
Collaboration with teams across the organisation to facilitate a comprehensive approach to LRR Risk management.
Provision of SME guidance on the end-to-end process for managing LRR Risk, including responding to colleague queries.
Collaboration with stakeholders to assess the level of LRR Risk in the organisation and ensure appropriate steps are in place to identify and support the remediation of potential LRR non-adherence.
Provision of oversight, checking and challenging on the implementation of LRR Risk Management Control Requirements and Controls, through reviews of relevant team processes, activities, reporting and systems.
Review and investigation of LRR Risk related escalations, risk events and issues, providing corrective actions and preventative measures to avoid future occurrences.
Operation of key Compliance processes to support the implementation of LRR Risk Management.
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
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.