Financial Crime Assurance| AVP

Job description

About Barclays

Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays' purpose is to help people achieve their ambitions – in the right way.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
At Barclays, we recruit based on merit and are committed to promoting diversity throughout our organisation.

Financial Crime overview

Barclays Financial Crime function is part of the Risk division and is responsible for positioning Barclays to effectively mitigate the risks of products and services being abused for the purposes of money laundering, terrorism financing, or other financial crime. The Financial Crime function implements a compliance framework to meet the requirements of anti-money laundering, anti-terrorism, anti-bribery & corruption and economic sanctions laws and regulations.

Barclays is committed to creating an inclusive environment, where everyone's perspective is valued. Diverse teams bring varied opinions, skills, and experiences to the organisation. We believe this will help us make better decisions and deliver the best outcomes for our clients.

The Assurance professional will be responsible for executing assurance reviews on product, geographic and functional lines as directed by Global Leads and/or Regional Heads. The Assurance professional will be a member of a resource pool, providing assurance across all Financial Crime areas as required.
By executing assurance work, the Financial Crime Assurance role holder will contribute to the development of Financial Crime capability by constructively challenging its on-going effectiveness and identifying opportunities for continuous improvement.
The position entails conducting assurance activities of financial crime processes within Barclays. The role requires: interacting with business, operations, compliance, infrastructure areas and other risk functions; assessing the design and operating effectiveness of systems and controls to mitigate financial crime risk; and driving remediation actions to close identified gaps.

· Being a role model for the Barclays values of Respect, Integrity, Service, Excellence and Stewardship.
· Execution of Assurance review fieldwork, as directed by Global Leads and/or Regional Heads.
· Drafting of review scopes, testing, review of documentation, documentation of results, and preparing draft assurance reports
· Assist review leads (as applicable) with planning and execution of Design Effectiveness and Operating Effectives testing by uniformly applying the methodology and quality standards, focusing the work on key Financial Crime regulations and risks.
· Assist the review lead with planning and execution of Design Effectiveness and Operating Effectives testing by uniformly applying the methodology and quality standards, focusing the work on key Financial Crime regulations and risks, with minimum supervision from the review lead.
· Proposing action plans to address root causes.
· Provide timely feedback to the manager and team members with progress on identified issues and observations raised during the assignment.
· Display professional scepticism, raising and discussing contentious observations with management and provide evidence to support all issues identified to obtain management agreement of the issues raised.
· Assist the review lead in the drafting of the compliance report by providing input into the content of the report and confirming that the report meets the minimum requirements per the methodology.
· Provide timely feedback to the manager and team members with progress on identified issues and observations raised during the assignment.
· In partnership with other areas of Financial Crime, investigate issues (actual or perceived) as directed by Global Leads and/or Regional Heads.
· Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Barclays Operational Risk Framework and internal Barclays Policies and Standards.

· Risk and Control: Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Barclays Operational Risk Framework and internal Barclays Policies and Standards.


Basic Qualifications
· Bachelor's degree preferable
· Experience in Legal, Compliance or Audit
· Previous experience in Financial Crime, Conformance Testing, Quality Assurance, Investigations or Audit in an Investment Banking or Corporate banking environment.
Preferred Qualifications:
· Have experience in Compliance, Financial Crime and/or internal audit (or equivalent).
· Excellent interpersonal skills, tough and resilient personality. Confident and positive individual able to communicate with clarity and purpose both in written and verbal formats. Able to communicate compliance issues in a non-technical way.
· Display professional scepticism, raising and discussing contentious observations with management and adapting their style, as necessary.
· Provide suggestions to Financial Crime Management as to how they can address control issues raised and/or non-compliance to policy.
· Ability to communicate hard messages so they land effectively and are acted upon.
· Individual with relevant regulatory experience. Understanding of the regulatory requirements that affect Barclays globally, with particular reference to trends and the likely future regime.
· Be proactive, demonstrate well-considered judgments and anticipate emerging risks.
· Knowledge of Financial Crime best practices.
· Act as an ambassador for Financial Crime across Barclays.
· Improving technical knowledge through self-learning or training including mandatory CPE requirements.
· Proactively sharing knowledge and identified best practices beyond specific assurance reviews to maximize impact of Assurance work across the Financial Crime areas.
· Through engagement with Financial Crime and the business, play an active role in sharing ‘what good looks like', poor practices and lessons learned as well as the role of Assurance in Financial Crime.

Our common purpose is to help people achieve their ambitions – in the right way. We'll measure and reward our people, not just on commercial results, but on how they live our Values of Respect, Integrity, Service, Excellence and Stewardship and bring them to life every day. To find out more about working at Barclays and the development opportunities we offer please visit our website www.barclays.com

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