Legal Counsel – Financial Crime
Location: Glasgow, Scotland, United Kingdom (or London)
Purpose of the role: To ensure that the institution’s activities are conducted in compliance with applicable financial crime laws and regulations, and to help the bank manage legal and reputational risks associated with its activities.
Qualifications
* Qualified lawyer (solicitor, barrister, attorney or equivalent).
* Post‑qualification experience in litigation, investigations, enforcement and/or regulatory engagement on legal risk issues and/or delivery of legal advice to change programmes.
* Senior stakeholder management and excellent relationship building; able to work with legal colleagues globally and with other functions.
* Ability to work effectively in a fast‑paced, complex, multi‑dimensional environment.
Additional Highly Valued Skills
* Understanding of legal risk management and regulatory engagement in a financial institution.
* Experience with large‑scale change/delivery programmes related to control environments.
* Previous experience in the financial services industry (in‑house legal or equivalent function of similar seniority).
* Experience practicing law advising the financial services industry (e.g., private practice or a financial services regulator).
Accountabilities
* Development and implementation of best practice legal strategies for risk management and compliance.
* Legal advice and support to the business on financial crime laws, regulations, and rules, including anti‑money laundering (AML), sanctions, and anti‑bribery and corruption (ABC) laws and regulations.
* Support other legal teams in representation of the bank in legal proceedings that raise financial crime issues, such as litigation, arbitration, and regulatory investigations.
* Advising on financial crime compliance policies and procedures including assessing 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 financial crime compliance practices.
* To support Compliance, contributing to and delivering training to educate employees on legal and regulatory requirements related to financial crime.
* Pro‑active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs). Keeping up to date with respects 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.
* 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 elevate breaches of policies/procedures.
* 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, in support of 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 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 the business strategies.
* Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In‑depth analysis with interpretative thinking will be 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 in order 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.
Seniority Level
Mid‑Senior level
Employment Type
Full‑time (permanent)
Job Function
Accounting/Auditing, Finance, and Legal
Industries
Financial Services, Banking, and Legal Services
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