The netting team in Markets Legal provides legal support relating to the recognition of close-out netting and collateral enforceability as risk mitigation tools for regulatory capital purposes across the various permutations of trading agreements, governing laws, counterparty types, and counterparty jurisdictions applicable to Barclays International’s trading relationships. The PMO assists in managing the team’s workload, handles data relating to the team’s activities and they will be responsible for the production of MI to the team and broader stakeholders.
To be successful as a Project Management Officer (Markets Legal, Netting), you should have experience with
- Experience and understanding of project lifecycles from business case, through project development, to deliver and closure.
- Good proficiency in MS Office (specifically MS Project/Excel)
- Excellent interpersonal and stakeholder management skills are required, both to coordinate actions within the netting team and in day-to-day interactions with other teams including outside of Legal.
- Excellent organisation and planning skills to ensure successful coordination and completion of team’s book of work.
Some other highly valued skills may include
- Project management qualification or qualification or experience in use of a project management methodology such as Prince 2, Agile, MSP.
- Bachelors degree in Business Administration or a related field.
- Ability to identify risks within the framework of the firm’s governance and risk policies, and escalate as appropriate.
- Demonstrates creative and innovative thinking to structure appropriate and sustainable solutions to novel tasks.
You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.
This role is based in our Glasgow Campus.
Purpose of the role
To ensure that the activities of the business units in the Markets division are conducted in compliance with applicable laws, rules and regulations, and to help the bank manage legal risk associated with these activities.
Accountabilities
- Development and implementation of best practice legal strategies to manage compliance with applicable laws, rules and regulations.
- Legal advice and support to the business units in the Markets division on matters arising from the relevant products/services provided by the Markets division .
- Subject matter support in the Legal department’s representation of the bank in legal proceedings related to the Markets business units such as litigation, arbitration, and regulatory investigations.
- Creation and review of legal documents for the business units in the Markets division to ensure the bank’s compliance with applicable laws, rules and regulations. Maintaining and updating template legal documentation for the Markets division.
- Legal research and analysis to stay up to date on changes in applicable laws, rules and regulations that may impact the activities of the bank's Markets business units .
- Developing and delivering training programmes to educate employees on legal and regulatory requirements related to the activities of the Markets business units .
- Pro-active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs). Keeping up to date with regards to changes to LRRs in the relevant coverage area. Ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls.
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.
