Regulatory & Investment Banking Counsel - AVP
Job DescriptionPurpose of the roleTo ensure that the operations in the country or region are conducted in compliance with applicable laws and regulations, and to help the bank manage legal and reputational risks associated with these activities. AccountabilitiesDevelopment and implementation of best practice legal strategies for risk management and compliance.Legal advice and support to the bank's country coverage teams on a wide range of legal issues, including regulatory compliance, risk management, project management and transactional matters.Representation of the bank in legal proceedings related to its operations in the country or region, such as litigation, arbitration, and regulatory investigations.Creation and review of legal documents such as loan agreements, security documents, and other financing documents 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 operations in the country or region.Developing and delivering training programmes to educate employees on legal and regulatory requirements related to the bank's operations in the country or region.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 ExpectationsTo 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 outcomesIf 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. As an Investment Bank Counsel, you will provide legal advice and transactional support to the Markets business with a particular focus on OTC derivatives (including structured transactions documented under German law) as well as European and German regulatory matters. Moreover, responsibilities will include German-law governed Schuldscheine and Namensschuldverschreibungen.In addition to the core Markets responsibilities, you will support selected Corporate Banking matters such as German-law governed cash, trade and working capital products (such as account pledges, cash pools, guarantees and suretyships (Garantien and Bürgschaften)) and associated regulatory questions.To be successful as a Regulatory & Investment Banking Counsel, you should have:German law qualified lawyer (Volljurist) or business lawyer (Wirtschaftsjurist), PQE 2+Top-tier capital markets private practice or in-house capital markets backgroundFamiliarity with and demonstrated responsibility in relation to regulatory expertise relevant to the Markets business, as well as experience in relation to a range of OTC derivatives products/transactions under ISDA equivalent master under German law (i.e.DRV), including structured trades as well as Schuldscheine and NamensschuldverschreibungenFamiliarity with the ISDA framework and ISDA booklets relating to all asset classes (i.e. IRD, FX, EQD, Commodity)In-depth knowledge of and expertise on regulatory framework (e.g. EMIR, MIFID, Benchmark Regulation, BRRD and relevant European and German prudential regulatory laws)Fully fluent in German and EnglishDemonstrates commercial understanding, good judgment on legal risk decisions and when to escalateTransaction management skillSome other highly valued skills may include:Initial experience, or willingness to familiarize, in relation to the regulatory environment of the NBFI, PSP and Fintech businessesInitial experience, or willingness to familiarize, with selected Corporate Banking products such as the cash business, trade & working capital productsYou may be assessed on key critical skills relevant for success in the 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 Frankfurt.SummaryLocation: Frankfurt, Taunus TurmType: Full time
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