BI- Compliance Analyst Graduate Programme 2025 Mumbai

Mumbai, Maharashtra

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Graduate Programmes at Barclays

Our Graduate programmes deliver immersive experiences, transformative development and incredible support – giving each graduate the best possible start to their career. You’ll learn continually. From bespoke training to courses on our e-learning platform, you’ll become more capable and better-equipped every day.

Whichever programme you choose, you’ll do meaningful work, discover resources to help you build a long-term career and develop your skillset with the guidance of a hand-picked line manager and a dedicated talent coach.

Key information

Date live: 12/03/2024

Business Area: See job description

Area of Expertise: Early Careers

Contract: Graduate

Reference Code: JR-0000015302

Job description

About Compliance

The purpose of Compliance is to build confidence for today and tomorrow. Compliance participates in the prevention, detection and management of breaches of applicable laws, rules, regulations and procedures. Compliance has a key role in helping the firm to achieve the right outcomes and maintain a conduct-focused culture. In order to achieve this Compliance is focused on: delivering expert advice to protect the integrity of the financial system; challenging & collaborating with the business; and innovating our ways of working and thinking to deliver an effective risk management service to Barclays.

About Business Oversight Compliance-BBPLC, India branch

The India Bank Branch BOC team provides Compliance advisory and oversight to all activities carried out of the Bank branch including the Operations, Technology and Infrastructure teams. The primary responsibilities include providing advisory support, check and challenge on requirements and policies and working closely with business stakeholders to provide direction and interpretation of regulatory requirements on an ongoing basis. The team provides support to the business on all new and amended product approvals and helps the business in embedding necessary controls and governance around the various products. The team also liaises with the regulators and maintains a constructive engagement with them as part of policy discussions and inspections.

The team also provides support to the global and regional teams to ensure co-ordination of activities and adherence to the Group policies and standards and works in alignment with the Global Target Operating Model.

Overall purpose of role

This role is part of the compliance function in the BBPLC India branch. The primary responsibility will includeproviding support for Country Compliance and proactive management of RBI’s expectations under the Risk Based Supervision Framework activities. The role is also expected to provide advisory support, check and challenge on requirements and internal policies, conducting compliance reviews in line with the regulatory/ internal policy requirements and working closely with business stakeholders to provide direction and interpretation of regulatory requirements on an ongoing basis.

Key Accountabilities

Compliance with Risk Based Supervision (RBS) obligations:

Timely submission of RBS Tranche reports
Provide oversight and check and challenge on data submitted by the Bank under RBS framework
Plan, design and execute testing of data points of RBS Tranche III as expected of Compliance function
Agree findings of such reviews with relevant stakeholders and issue reports
Track closure of issues highlighted during such reviews
Efficiently manage data requests from SSM office and handle queries
Co-ordinate the dissemination of the draft and final inspection reports with various stakeholders
Seek periodic update on progress made on issues highlighted in the final report
Manage implementation of new regulatory initiatives pertaining to compliance and communicate regulatory requirements to the all stakeholders
Managing and monitoring of dissemination of regulatory guidelines / circulars to stakeholders
Perform conformance testing to ensure embedment of regulatory guidelines
Ensure orderly management of circular tracker and escalate circulars which have not been complied with
Ensuring adequate liaison ad collaboration with regional stakeholders on group requirements for Examination

Compliance Risk Reviews:

Plan and execute Compliance Risk reviews / Verification Checks on a periodic basis
Issue reports basis the reviews performed and agree remediation steps with Stakeholders
Monitor actionables and provide periodic updates on open issues to Governance Forums
Perform second line of defence testing on conduct risk controls as embedded by the first line of defence

Stakeholder Management and Leadership

The role requires negotiation and communication skills for interaction with:

senior leadership with regards to embedment of obligations cast on Bank under Risk Based Supervision,Regulators (and SROs) with regards to regulatory obligations

Decision-making and Problem Solving

Problem solving ability by ensuring in depth analysis of the regulatory framework to:

check and challenge through Compliance Risk Reviews/ Verification Checks to ensure sustained compliance with regulations,
Ensure issues are identified during testing/ reviews are fully investigated. The incumbent will check and challenge business processes and controls.

Purpose of the role

To gain experience of risk management skills, knowledge, and capabilities to deliver a broad range of compliance services to businesses and functions.

Accountabilities

Guiding the business’ adherence to the Compliance risk management framework.
Advisory services to colleagues about regulation related to specific products and services.
Utilisation of data and analytics to proactively monitor and influence the business Compliance risk landscape.
Development of Compliance risk insight and understanding, including Laws, Rules and Regulations, Financial Crime and Conduct.
Training of business stakeholders.

Analyst Expectations

Will have an impact on the work of related teams within the area.
Partner with other functions and business areas.
Takes responsibility for end results of a team’s operational processing and activities.
Escalate breaches of policies / procedure appropriately.
Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
Advise and influence decision making within own area of expertise.
Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
Make evaluative judgements based on the analysis of factual information, paying attention to detail.
Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
Guide and persuade team members and communicate complex / sensitive information.
Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

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.

What you get in return

However high you rise at Barclays, we believe all our employees should receive a competitive package of core benefits flexible to you and your family’s needs. At Barclays, you’ll support our customers and clients, and we’ll support you with rewards that will genuinely make a difference.

Paid holiday and vacation

Competitive pay

Private medical care

Disability assurance

Flexible working

Life assurance

Voluntary benefits

Retirement planning

Where will you be located?

Explore location

What makes a successful Graduate at Barclays?

These key qualities will help you lay a solid foundation for success on our programmes. From day one, we’ll help you further develop and strengthen them.

Why Barclays?

There’s no other business quite like Barclays. There are no other careers quite like ours. We’re here to champion your development, and we truly want you to enjoy your career journey. We’ll give you all the support and encouragement you need to make the most of this experience. And you’ll have the chance to make a genuine contribution to our inclusive culture and support our purpose as we serve our customers, clients, communities and colleagues.

The Barclays Way

This is the spirit of Barclays. It’s why we exist, what we believe and how we behave. But most importantly, it’s how we make decisions, take action and get things done.

Learn more

Purpose

Working together for a better financial future.

Values

We believe great talent RISES. It acts with Respect, Integrity, Service, Excellence and Stewardship.

Mindset

We discover our full potential through our desire to Empower, Challenge and Drive each other.

You get exposed to really supportive and intelligent people that push you to be your best self.

- Alexi

It's great to be surrounded by so much technical talent, but also people through a variety of functions. And I feel like I thrive because there's so much opportunity to network.

- Imogen

There's really a lot of impactful work you can do day to day. You get to work with really senior engineers on a daily basis and you learn a lot from working with them.

– Yuming

I can reach out to anybody and know that I will be able to find mentorship, support and just a community at Barclays as well.

- Becky

More about working at Barclays

We're committed to providing a supportive and simplified experience for our candidates throughout the application and assessment process. Here, you will find information about what to expect and some guidance around your assessment and interview.

While the application process depends on the role, there are some constant steps, which are;

Step 1 - Your application
Step 2 - Your assessment
Step 3 - Your interview
Step 4 - Next steps

We aim to create an inclusive work environment where everyone can reach their full potential. If you require any adjustments to our recruitment process, please let us know as part of your application.

Find out more information here.

Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.

We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.