Economic Crime Product Lifecycle Manager

Job Description

Purpose of the role

To support the Risk Function in delivering it’s objective of safeguarding the bank's financial and operational stability by proactively identifying, assessing, mitigating, and monitoring risks across various business units and activities.

Accountabilities

• Development of strategic direction for risk, including the implementation of up-to-date methodologies and processes.
• Management of the risk department, including oversight of risk colleagues and their performance, implementation of risk priorities and objectives, oversight of department efficiency and effectiveness.
• Relationship management of risk stakeholders, including identifying relevant stakeholders, and maintenance of the quality of external third-party services.
• Adherence to the Risk policy, standards and frameworks, and maintaining a robust control environment.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• 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 lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders 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 an Economic Crime Product Lifecycle Manager, where you will act as a trusted advisor and subject matter expert across the Business Banking product suite, with a particular focus on cash management, payments, and lending products. In this role, you will work closely with the business to support the approval of new products and enhancements to existing offerings, ensuring economic crime risks are appropriately identified, assessed, and mitigated throughout the product lifecycle. You will provide expert financial crime advisory guidance, lead product-related risk assessments, support financial crime risk reporting, and partner with stakeholders across Compliance, Risk, and the business to embed effective controls and governance frameworks. By combining product knowledge with economic crime expertise, you will help deliver compliant, customer-focused products while strengthening risk management practices and supporting the safe growth of the Business Banking portfolio.

To be successful as an Economic Crime Product Lifecycle Manager, you must have the following essential skills

• Demonstrated people leadership experience, with a proven ability to lead, develop, and inspire high-performing teams.
• Extensive first-line Economic Crime experience, with an expertise in identifying, assessing, and mitigating financial crime risks across business operations and products.
• Considerable knowledge of cash management, lending, and the wider Business Banking product suite, with significant product management experience and the ability to provide expert guidance and constructive challenge throughout the product lifecycle.
• Proven Product Owner experience, including the development, enhancement, governance, and ongoing management of Business Banking products, with ample understanding of associated risk and control frameworks.
• FinTech or Banking industry experience, with a good appreciation of customer, regulatory, and commercial considerations.
• Excellent stakeholder management skills, with the ability to build effective relationships and collaborate across diverse cross-functional teams and senior leadership groups and work collaboratively with business, risk, compliance, and technology stakeholders to deliver product and regulatory outcomes.

Some other highly valued skills may include

• Knowledge of regulatory compliance requirements and experience operating within a regulated financial services environment.
• Experience providing product advisory support, partnering with stakeholders to deliver compliant product solutions and support effective product governance.

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 can be based in London or Northampton.