Correspondent Banking Investigator

Job description

About Barclays


Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide . Please visit our website here for more information.


About Financial Crime

The Financial Crime team helps ensure that Barclays complies with anti bribery and corruption, anti money laundering and sanctions legislation.

Sanctions are restrictions on activity with targeted countries, governments, entities, individuals and industries that are imposed by bodies such as the United Nations (UN), the European Union (EU), individual countries, including the United Kingdom and the United States, or groups of countries. Sanctions can be applied unilaterally or collectively and different rules may apply to each sanctions regime.

The Sanctions team, within Barclays Financial Crime, is a group of policy and subject matter experts who are dedicated to:

· Partnering with the business and delivering expert second line guidance to ensure mutual confidence in the management of their sanctions risk.

· The management of a compliance culture which will ensure that Barclays discharges its regulatory responsibilities in respect of the fight against Financial Crime and the funding of terrorism.

We are an equal opportunity employer and we are opposed to discrimination on any grounds.

Please visit our website here for more information.

Role Purpose


The job holder will be responsible for ensuring :

· Compliance with policies, procedures and regulations for Correspondent Banking and Corporate Banking line of business in relation to AML surveillance
· The Bank meets its statutory obligations for reporting suspicious activity
· Compliance with the Barclays stated valued: Respect, Integrity, Service, Excellence, and Stewardship

This will involve investigation of suspicious activity from alerts generated by surveillance systems and manual cases with SAR reporting as appropriate. This includes the ownership of the investigative cases from assignment to closure

Key Accountabilities
Process Activity 75%

· Conduct initial analysis and assessment of alerts generated from Mantas using internal/external research tools
· Accurately document rationale for case closure or escalation as appropriate within 90 days.
· Take ownership of individual cases using appropriate case management tools and techniques to progress in order to meet timescales for alert investigation processing
· Carry out varying levels of research/investigation, depending on the complexity of each alert/case
· Determine if additional field enquiries are required and escalate as appropriate for non/low quality responses
· Communicate across Barclays jurisdictions to gather additional data as required
· Provide recommendations for SAR filing by presenting documentation to support findings
· Preparation of quality SAR narrative for presentation at SAR review meetings
· Escalate tardy/non-responses for DFI/RFIs to the Team Leader.
· Perform additions to the CML and other watch lists as required.
· Maintain at least 94% proficiency on Level 2 reviews.

Team Support 5%

· Proactively contribute to team performance and share best practice across team
· Actively participate and contribute in team meetings
· Handle administrative tasks as required

Manual/Project support 20%


· Volunteer and manage/participate in special projects or reviews
· Perform misc. projects and tasks as requested by Teams Leaders/Management
· Assist in the support of the Financial Intelligence Unit when required

Person Specification

· Strong verbal and written communication skills
· Analysis and Judgement
· Quality Control and High Standards
· Attention to Detail
· Drive for Results
· Decision Making
· Team Player

Knowledge and Expertise:

· AML Compliance
· KYC Principles
· Bank operations -SWIFT, CHIPS, Reconciliation etc.
· Research and/or Investigations-Fraud, AML, or Risk
· Correspondent Banking Account Services
· Proven track record of meeting processing targets
· Ability to draw logical conclusions
· Proficient in using internet search tools
· Concise and accurate case management recording
· Advanced /swift PC skills
· Competent user of Microsoft office applications

Preferred

· 3 years experience in Compliance, AML, Risk, Operations or Control
· Knowledge of Correspondent Banking
· Experience of the Mantas surveillance system
· CAMS

Risk and Control Objective

All Barclays colleagues have to 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

Benefits


Our customers deserve the best. The same goes for our employees. That's why at Barclays you'll receive a range of benefits that include a competitive salary and all the tools, technology and support you need to succeed.


Our Culture


Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. The values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our employees. Simply put, success is not just about what you achieve, but about how you achieve it.

Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.

Barclays is an equal opportunity employer and are opposed to discrimination on any grounds. For more detailed information, please visit our dedicated Diversity and Inclusion site here .