As a Capital Strategy & Regulation VP, your responsibilities will be varied and will range from regulatory change and advocacy, maintaining and developing the capital allocation framework, capital distribution planning, regulatory applications and updates, as well as associated controls and standards including monitoring double leverage. You will also be involved with capital requirements, subsidiary capital, distribution planning, supporting investor results and credit rating updates.

You will drive the regulatory change agenda and the communication of updates to internal stakeholders, whilst facilitating advocacy work and impact assessment across the Group. You will have a particular focus on interpretation and implementation of Basel IV with the development and tracking of management actions to mitigate any impacts.

The ideal candidate will have a technical capital understanding including some knowledge of applicable financial regulation and / or projection and risk analysis experience. Excellent communication, interpersonal skills and be able to communicate at all levels is a pre-requisite. Experience in capital management and / or financial and non-financial risk management will be advantageous.

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 optimise the bank's capital structure to support its growth objectives, manage risk exposure, and comply with regulatory requirements by analysis of bank's capital position, development of capital allocation strategies, and ensuring that the bank maintains adequate capital levels under various economic scenarios.  

Accountabilities

Development and implementation of strategies to manage the bank's capital position, including setting of capital targets, development of capital plans, and monitoring of capital adequacy.Optimisation of the bank's capital structure to support the bank's growth and profitability objectives, including management of the bank's exposure to regulatory capital requirements.Allocation of capital to business units and projects based on risk-adjusted returns and other financial metrics.Preparation and provision of regular reports on the bank's capital position, capital allocation decisions, and stress testing results to senior colleagues, risk committees, and regulatory authorities, and effective communication of capital management strategies and risk considerations to relevant stakeholders.

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, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as 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 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 be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will 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, 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.