Job Description

Purpose of the role

To ensure that the activities of the business units in the Markets division are conducted in compliance with applicable laws, rules and regulations, and to help the bank manage legal risk associated with these activities. 

Accountabilities

• Development and implementation of best practice legal strategies to manage compliance with applicable laws, rules and regulations.
• Legal advice and support to the business units in the Markets division on matters arising from the relevant products/services provided by the Markets division  .
• Subject matter support in the Legal department’s representation of the bank in legal proceedings related to the Markets business units such as litigation, arbitration, and regulatory investigations.
• Creation and review of legal documents for the business units in the Markets division to ensure the bank’s compliance with applicable laws, rules and regulations. Maintaining and updating template legal documentation for the Markets division.
• Legal research and analysis to stay up to date on changes in applicable laws, rules and regulations that may impact the activities of the bank's Markets business units   .
• Developing and delivering training programmes to educate employees on legal and regulatory requirements related to the activities of the Markets business units   .
• 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, 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.

Join as Vice President – Japan Markets Legal, you will be in charge of Legal risk management of a wide variety of transactional activity focusing primarily on the Japan Markets business on a pan-asset class basis, including fixed income, FX, fund, equity, prime and credit linked products, including cash, derivatives and structured notes as well as advising on regulatory compliance of global and local market regulations.

What will you be doing?

• You will be accountable for day-to-day, often real time, legal advice required to support the Japan Markets and other businesses
• Supporting the development and maintenance of essential legal documentation including key templates used by the business
• You will be accountable for structuring and regulatory treatment of, and drafting documentation for, Japan products and transactions
• Managing external counsel in Japan including cost management of projects up to around USD 25,000
• Supporting the review and risk analysis of new products and business proposals for the relevant Japan businesses
• You will have shared responsibility for development of legal and compliance policy and procedures

What we’re looking for:

• Pro-active team player
• Able to keep updated on transaction progress and regulatory developments and elevate issues to the attention of appropriate interest groups internally
• Demonstrate keen awareness and knowledge of wider risk and control environment (e.g. legal risk, conduct risk, reputational risk and operational risk)
• Must have a genuine interest in this area of the law and demonstrate keen observation of topical developments in regulatory change and derivatives in Japan

Desirable skills/Preferred Qualifications:

• Qualified Japanese or English law (or other common law jurisdictions) solicitor/attorney with material experience in capital markets / securitisation /derivatives at a recognized law firm and/or as an in-house counsel at a recognized financial institution (preferably both).
• Highly conversant with structured notes, derivatives, lending and fund documentation.
• Demonstrable product knowledge involving Markets products

This role is regulated by the Japan Securities Dealers Association (JSDA) and/or Financial Futures Association of Japan (FFAJ).

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.