Financial Crime Advisory

Job Description

Purpose of the role

To ensure that the institution’s activities are conducted in compliance with applicable financial crime laws and regulations, and to help the bank manage legal and reputational risks associated with its activities. 

Accountabilities

• Identification and assessment of compliance risks through thorough reviews of business activities, changes, processes, testing and systems to.
• Identification and investigation of potential market abuse, including but not limited to, Insider Dealing, Unlawful Disclosure, Market Manipulation or Anti-Competitive Conduct.
• Conduct investigation of compliance risk events or breaches. Oversight and check and challenge of corrective actions and preventative measures to avoid future occurrences.
• Implementation of compliance policies and procedures in line with regulatory requirements and ensuring that the bank’s internal policies are aligned with international standards, including jurisdictional requirements.
• Collaboration with 1LOD, other relevant Compliance teams and legal, and relevant risk management functions to facilitate a comprehensive approach to compliance and risk management.
• Identification, investigation and oversight of potential money laundering, terrorist financing or other financial crime.

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 us as a Financial Crime Advisory on a 12 month FTC, where you will be working in the CIB Financial Crime Execution team, based in the UK, to report to the Senior Financial Crime Manager, who will support the front office business with their expertise in financial crime policy and regulation across the Barclaycard Payments (issuing and acquiring) business. Banking and Markets Advisory experience is essential to successfully fulfil the role.

The primary duties of this role will be to support the Advisory and Policy Senior Manager and the Head of the function to deliver detailed advice and guidance to the Barclaycards payments business and to the wider business in respect of anti-money laundering, sanctions, and anti-bribery and corruption. This will involve working closely with operational teams and supporting complex reviews, assessments, and investigations with expert staff.

Day to day could involve giving advice to teams preparing financial crime risk management processes, supporting business change initiatives, overseeing the performance of financial crime risk management functions, supporting new product approval processes, reviewing AML controls, giving advice on live CDD/EDD or investigations cases to support the best outcomes for Barclays.

The skills we find make for great AVPs in our financial crime advisory and policy function are the ability to make connections with colleagues in challenging circumstances, the ability to take in a lot of information in a short space of time, understand the relevant risks and support explaining those to non-expert audiences under pressure, a good understanding of how enterprise AML and sanctions functions are meant to work, and a gift for clarity in communication.

To be successful in this role you will have:

• Experience in Banking and Markets Advisory
• Experience in Financial Crime in a global financial institution.
• Strong technical knowledge of financial crime risk management frameworks.
• Experience of working in complex matrix structure that requires strong stakeholder management.
• Strong verbal and written communication, presentation, negotiation, and influencing skills.
• Strong stakeholder management at Senior Executive Committee level with ability to create and maintain highly engaging relationships, challenging the status quo, and driving strategic, innovative, and competitive solutions.
• Outstanding ability to effectively prioritise changing business needs and drive results with a diverse and inclusive style, which promotes advocacy.

Desired skills include:

• Recognized Financial Crime/ Anti-Money Laundering risk management qualification or equivalent - e.g., ACAMS, IRM, CIIA, ICA, etc.
• Experience supporting strategic direction incorporating a values-aligned performance culture.
• Experience focusing on developing and implementing consistent risk and control global frameworks within a financial organization.
• Skilful coordination in working across a wide range of stakeholders both within and beyond the function, seeking feedback from the business about effectiveness of risk and controls.
• An ethical track record with proof of values and behaviours in action, consistent with Barclays stated Purpose and Values.
• Ability to deal with high levels of ambiguity and simplify outputs and recommendations.
• Comfortable in fast growing and complex environments and ability to move effortlessly between strategic topics to day-to-day regulatory risks.

You may be assessed on the 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.

This role is based in London