Regulatory Legal Counsel

Join us as a Regulatory Legal Counsel VP within the Barclays UK Legal team. This team provides legal advice and support in relation to all products and services provided by Barclays UK, together with some retail products and services provided by Barclays International. The Barclays UK business operates predominantly through Barclays Bank UK PLC (the ring-fenced bank in the Barclays Group), serving Retail, Premier, Wealth, and Business Banking customer segments.

The Barclays UK Legal team is also responsible to the General Counsel, Barclays UK, for overseeing legal services provided by other specialist centres of excellence within the Barclays Group Legal function, where those services support the Barclays Bank UK PLC entity and/or businesses it operates.

Key Skills Required

• Qualified Lawyer (Solicitor, Attorney or equivalent).
• Demonstrates significant legal knowledge and expertise of UK regulation gained either in private practice, in-house or at a regulator.
• Deep knowledge of Ring-Fencing, the RAO, and the Appointed Representatives is essential (with a working understanding of other bank-wide regulation desirable).
• Strong technical legal skills and academic background.
• Comfortable with and used to working to tight deadlines.

Other Highly Valued Skills

• Prioritises and manages workload effectively.
• Takes ownership and sees matters to completion.
• Is a team player, collegiate, and supportive of colleagues.
• Shares knowledge proactively.
• Supports key stakeholders' goals and objectives by providing pragmatic legal advice and implementing new solutions to effectively manage legal risk.

You may be assessed on 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.

Purpose of the Role

To ensure that the consumer banking activities are conducted in compliance with applicable laws and regulations, and to help the bank manage legal and regulatory risks associated with these activities.

Accountabilities

• Development and implementation of best practice legal strategies for risk management and compliance.
• Proactive consumer banking legal advice and support to the consumer banking division of the bank on a wide range of legal issues, including regulatory compliance, regulatory change management, consumer protection, and risk management.
• Representation of the bank in legal proceedings related to consumer banking, such as litigation, arbitration, and regulatory enquiry and investigations.
• Creation and periodic review of legal documents in accordance with contractual arrangements policy to ensure compliance with applicable laws and regulations.
• Legal research and analysis to stay up to date on changes in laws and regulations that may impact the bank's consumer banking operations.
• Developing and delivering training programmes to educate employees on legal and regulatory requirements related to consumer banking.
• 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.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/processes; deliver continuous improvements and escalate breaches of policies/procedures.
• If managing a team, define jobs and responsibilities, plan for the department’s future needs and operations, counsel employees on performance, and contribute to employee pay decisions/changes. Lead specialists to influence the operations of a department, in alignment with strategic and tactical priorities, while balancing short and long-term goals and ensuring that budgets and schedules meet corporate requirements.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: Listen and be authentic, Energise and inspire, Align across the enterprise, Develop others.
• For an individual contributor, be a subject matter expert within their own discipline and guide technical direction. Lead collaborative, multi-year assignments, guide team members through structured assignments, and identify the need for the inclusion of other areas of specialisation. Train, guide, and coach less experienced specialists and provide information affecting long-term profits, organisational risks, and strategic decisions.
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross-functional areas of impact and alignment.
• Manage and mitigate risks through assessment, supporting the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation's functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business-aligned support areas to keep up to speed with business activity and business strategies.
• Create solutions based on sophisticated analytical thought, comparing and selecting complex alternatives. In-depth analysis with interpretative thinking is required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem-solving processes.
• Seek out, build, and maintain trusting relationships and partnerships with internal and external stakeholders to accomplish key business objectives, using influencing and negotiating skills 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.