Barclays has launched a new Compliance Career Academy, an externally recognised programme designed to transform and professionalize Compliance.
For the first time the academy offers compliance professionals technical and behavioural training that places customers and clients at the heart of decision-making and helps the business achieve success in the right way.
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Delivered in partnership with Cambridge Judge Business School, the course leverages the school’s academic knowledge, teaching experience and research base to deliver training to employees at all levels in locations including Cambridge, Johannesburg, New York and Singapore.
The ambition is for the academy to act as a benchmark for compliance practice across the industry and ultimately lead to the creation of a Certificate in Compliance that will be open to all.
In the meantime Cambridge has launched the Centre for Compliance and Trust, an independent centre within Cambridge Judge Business School to act as a platform for discussion, research and development across the sector.
Sir David Walker, Barclays Chairman, said:"Strong and effective internal compliance is essential to ensuring banks operate in the right way. For the first time, the Compliance Career Academy sets a benchmark for compliance practitioners that I am confident will contribute to raising standards across the industry as a whole".
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By GlobalDataMike Roemer, Barclays Group Head of Compliance, said:"At Barclays the Compliance function is currently undergoing a wide programme of change to position it as we strive to be the gold standard for the industry. A key element of this is offering the opportunity for continuous professional development to employees around the world at every stage of their career.
"We undertook extensive research seeking a partner to deliver such a specialist programme on a global scale and were delighted to appoint Cambridge Judge Business School. Their position as one of the world’s foremost teaching and research universities uniquely positions us to better support both our customers and clients and our colleagues achieve their ambitions in the right way."
Professor Dame Sandra Dawson, Cambridge Judge Business School, said:"Working together, Barclays and Cambridge Judge Business School have created a programme that is world-leading and will take Compliance to a new level.
"Cambridge Judge Business School will offer excellence in research and education to support Barclays and the industry more widely to work towards a future where excellence in compliance is seen as a foundation of good business."
