VP, Strategic Initiatives

Join Barclays as a VP, Strategic Initiatives, where you will leverage your growth mindset and creative problem-solving skills to drive activities that span strategy, risk, and operations for the Total GAP portfolio. If your strengths are critical thinking, driving disruptive innovation, and getting things done, this is a perfect opportunity. Your work will position the program to realize its vision of delivering high-performing financial services for GAP’s most loyal customers through easy, rewarding, and culturally relevant payment experiences and products. In addition to guiding a prioritized list of portfolio-wide strategic efforts, you will support the annual strategic planning process by examining the internal environment and the innovative landscape, including AI and machine learning solutions. You’ll also support mechanisms to deliver strategy, monitor progress (monthly business reviews and budget coordination), and improve operational excellence (CX listening sessions and action planning). You’ll be part of a team of VPs responsible for managing and sequencing the delivery of business intent (including Barclays-wide programs that impact the portfolio), building business requirements, and developing financial business cases to execute the overall program strategy.

To be successful as a VP, Strategic Initiatives, you should have experience with:

• Covering Card or Financial Services programs
• Driving strategic projects and solving high-impact business tasks, with the ability to identify opportunities, influence stakeholders, and deliver measurable business results
• Coordinating retail financial services and co-brand partnerships, with progressive oversight experience overseeing partner programs and end-to-end P&L performance
• Leveraging a deep understanding of retail financial services, including co-brand, private label, and other payment solutions, to assess risk, optimize program performance, and drive growth.
• Communicating multi-layered business inquires with clarity, translating insights into strategic recommendations and actionable plans for senior stakeholders

Some other highly valued skills may include:

• Ability to drive and execute an agenda in an uncertain and fluid environment
• Ability to work effectively with cross-functional teams in a matrixed environment across multiple geographies
• Ability to work with ambiguity, providing structure to unstructured situations

You may be assessed on the key critical skills relevant for success in this role, such as risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, as well as job-specific technical skills.

This role is located in Wilmington, DE or Washington, DC.

Salary for Washington, DC:

Minimum Salary: $150,000
Maximum Salary: $200,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

Barclays employees are eligible for a competitive and comprehensive benefits package, including medical, dental, and vision coverage, 401(k), life insurance, and paid leave for qualifying circumstances.

Purpose of the role

To provide independent and balanced advice and counsel to senior stakeholders through problem identification, solving and decision making practices.

Accountabilities

• Provision of strategic advice to Group Executives to support the decision-making process of business challenges and opportunities.
• Development and implementation of strategic advisory incentives to grow and optimise the bank’s operations, through market research and analysis.
• Collaboration with various stakeholder groups to identify the appropriate strategic direction type to meet the needs of Barclays clients and investors.
• Development of financial models to support strategic recommendations and transactions through financial data analysis, financial projects and considering the financial impact of transactions.
• Management of transactions, negotiations, transaction structure development and post-transaction integration.
• Collaboration with internal stakeholders to maintain client relationships, and develop new relationships to identify opportunities.
• Identification of industry trends, maintain peer benchmarking and developments related to strategic advisory services by attendings conferences, participating in training and conducting market research.

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.