The Financial Crime Advisory position supports the business in reaching their goals in a way that drives performance while mitigating the risk of unlawful activity. This role will be responsible for advisory and oversight of several key processes within Barclay's business areas and will work together with other members of the Financial Crime team, both locally and globally, to ensure all requirements are executed and fulfilled in a timely manner.
Overall purpose of role
The Financial Crime Advisory position supports the business in reaching their goals in a way that drives performance while mitigating the risk of unlawful activity. This role will be responsible for advisory and oversight of several key processes within Barclay's business areas and will work together with other members of the Financial Crime team, both locally and globally, to ensure all requirements are executed and fulfilled in a timely manner. Additionally, this role will be expected to interact, with stakeholders within internal audit (BIA) and assurance teams and could require occasional travel.
- Contribute to and support the oversight responsibilities of the Financial Crime Team.
- Foster strong working relationships across different Business areas within Barclays and the Financial Crime Risk function.
- Work closely with the VPs to partner the Business through a dedicated 'Advisory Partner' relationship.
- Own key activities within the Advisory framework;
- Provide robust advice and guidance to Businesses on Financial Crime matters.
- Own and manage Financial Crime alerts, including Sanctions, AML Watchlist and PEPs.
- Be responsible for the coordination, preparation and challenge of monthly MI submissions.
- Be responsible for the tracking and management of Financial Crime dispensations, waivers, breaches and exceptions.
- Be a subject matter expert on financial crime areas and policies and be able to provide clear and understandable guidance on these to the Business.
- Hold a good understanding of the Financial Crime risk environment and the Business controls through which risks are mitigated.
- Have a good understanding and appreciation of the national financial crime legislative and regulatory environments as these relate to Barclaycard, in particular; Sanctions, Anti-Money Laundering, Anti-Bribery and Corruption, PEPs and Introducers.
- Take ownership of demonstrating and encouraging the compliance "culture" through understanding and working to the 3 Lines of Defence model to manage risk.
Stakeholder Management and Leadership
- Candidate may interact with various levels of senior management to include members of the Barclays Executive Committee
- Candidate may interact with examiners from various regulatory bodies
Decision-making and Problem Solving
- Candidate must be able to analyse complex business processes in order to identify gaps and provide appropriate guidance
- Candidate will be expected to ask probing questions to gain deep level of understanding of the business processes
- Candidate will be expected to read and understand applicable regulation and policy
Risk and Control Objective
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.
Essential Skills/Basic Qualifications:
- Excellent analytical, interpersonal, and organizational skills
- Ability to establish and maintain good working relationships with internal stakeholders
- Ability to handle multiple assignments and prioritise work accordingly
- Aptitude for making sound decisions and escalating matters in a timely fashion
Desirable skills/Preferred Qualifications:
- Knowledge of Barclaycard structure, products, systems, staff and outsourced facilities.
- Experience and understanding of banking, cards, and/or payments industry.
- Experience in Anti-Money Laundering or Compliance experience
- Relevant academic qualification (e.g. International Compliance Association AML Diploma or similar)