Barclays Bank UK Careers – Country Regulatory Affairs Officer

Organisation: Barclays
Bank UK
Duty Station: Kampala,
Reports to: Head of
Regulatory Affairs
About Barclays UK:
Barclays is a British
multinational banking and financial services company headquartered in London.
It is a universal bank with operations in retail, wholesale and investment
banking, as well as wealth management, mortgage lending and credit cards. It
has operations in over 50 countries and territories and has around 48 million
customers. As of 31 December 2011, Barclays had total assets of US$2.42
trillion, the seventh-largest of any bank worldwide.
Job Summary: The Country
Regulatory Affairs Officer will;
  • Act
    as Compliance Officer for the business.
  • Reporting
    all compliance issues to the Head of Regulatory Affairs and Head of
    Compliance, Implementing and maintaining compliance risk management
    processes and enhanced monitoring methodology in country.
  • Offer
    timely support to line management in country to ensure the business
    complies with regulatory requirements, as provided for in legislation, in
    order to mitigate exposure and risk, as well as any loss, monetary and
    reputational, by providing specialist support to management in identifying
    risk, compiling risk management plans, providing the appropriate advice
    and monitoring levels of compliance.
Key Duties and Responsibilities: 
1. Operational Duties – 80%
  • Compile
    and adhere to annual coverage plan based on compliance risks identified
  • Compile
    Risk Management Plans for all core and high risk compliance requirements
  • Enhance
    and promote a compliance culture through awareness activities
  • Achieve
    the compliance coverage plan as contracted with the Head of Regulatory
  • Guide
    the business on compliance issues and providing of compliance opinions
  • Ensure
    that business addresses concerns raised by the Regulator /delivers on commitments
    made to the Regulator
  • Implement
    and comply with BIA Audit recommendations
  • Expeditiously
    follow up on any compliance related findings or action items
  • Actively
    facilitate the Regulatory Change process in the business and proactively
    follow up changes
  • Advise
    business on any changes in set standards/ local requirements (throughout
    the year)
  • Identify
    business impact for new regulatory requirements and escalate upwards as
  • Technically
    support in the implementation of new legislations
  • Act
    as point of contact between business and the Regulators.
2. Reporting:  10%
  • Manage
    the full reporting process, findings and appropriate recommendations for
    improvement as required.
  • Deal
    appropriately with compliance issues and escalate issues in an appropriate
    manner to the relevant persons.
  • Maintain
    a formal record of minutes of all meetings held (by the compliance officer
    or business) with the Regulator
  • Keep
    an updated log of regulatory commitments
  • Send
    quality reports with issues identified with supportive business focused
    recommendations , and submit to Head Regulatory Affairs and the Head of
  • Complete
    compliance returns and regulatory change report (monthly, quarterly and
3. Stakeholder Relations: 10%
  • Regularly
    inform the Head of Regulatory Affairs and Head of Compliance on compliance
    matters which may pose financial or reputational risks for the business.
  • Attend
    relevant in country meetings, and assist forums in identifying and
    comprehending the regulatory compliance risks
  • Ensure
    timeous provision of information to Regulators
  • Communicate
    regulatory issues/concerns with internal stakeholders and line management
  • Develop
    and implement programme of regular meetings with internal stakeholders
    (quarterly formal meetings)
  • Support
    business to draft correspondence and presentations to the Regulator.
  • Ensure
    to always improve on communications with business through innovative
    thinking and approaches in line with Barclays expectations
Qualifications, Skills and Experience: 
  • The
    ideal candidate for the aforementioned banking Job should hold a graduate
    qualification and / or have a professional qualification. 
  • At
    least three years’ experience in compliance, preferably with an
    international exposure.
  • The
    applicant must have a broad range of compliance experience in a financial
    services environment.
  • Good
    knowledge and understanding of current and anticipated UK and regional
    (relevant to country) requirements and supervisory expectations.
  • Past
    experience in policy setting and roll out.
  • Intellectual
    and analytical skills of a high order. 
  • The
    strength of character, credibility and personal presence and the
    communication skills to operate confidently and effectively at senior
    levels both internally and externally.
  • Possess
    the flexibility to appreciate the commercial objectives of the business,
    coupled with an ability to challenge, independently and constructively,
    senior management, peers or other staff where appropriate, to insist upon
    adherence to the highest standards of business practice and to the
    requirements of relevant authorities. 
    Tact and sensitivity as well as strength and authority are
  • Possess
    the ability to use initiative and work with minimum supervision but
    ensuring, at the same time, that the line reports are kept fully informed
    at all times.
  • Ability
    to consider issues from a range of angles and propose creative solutions
    that assist the business in achieving its goals in a safe, compliant and
    controlled manner.
  • Ability
    to communicate effectively, orally and in writing, with senior internal
    and external audiences – to educate, persuade, negotiate, gain decisions,
  • Ability
    to influence senior management.
  • Possess
    the ability to make a real contribution in a rapidly changing environment
    and thrive on change and the need to learn rapidly.
How to Apply:
If you feel challenged by any
of the above positions, and believe you can deliver on key deliverables as
outlined above, upload your application letter, current curriculum vitae and
photocopies of academic certificate to our recruitment website detail below:
Barclays is an equal
opportunity employer that recruits, develops and promotes people on merit, and
rewards outstanding performance, regardless of background and gender.
For queries contact us on
0417122453 or email:
Deadline:  2nd
January, 2015

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