HK & SH Correspondent Banking Transaction Monitoring

Job description

About Barclays

Barclays moves, lends, invests and protects money for customers and clients worldwide. With over 300 years of history and expertise in banking, we operate in over 50 countries and employ over 140,000 people.

We provide large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs. Our clients also benefit from access to the breadth of expertise across Barclays. We're one of the largest financial services providers in the world, and are also engaged in retail banking, credit cards, corporate banking, and wealth and investment management.

For further information about Barclays, please visit our website www.barclays.com

Barclays Values and Diversity

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.

EEO Statement

It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

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.

Main Function of the Job

The candidate will be responsible for conducting analysis and producing documentation to support the Barclays global AML Surveillance Optimization program. Responsibilities include testing surveillance scenarios/rules on the Oracle Mantas platform, creating and updating technical documents, analysis of AML surveillance effectiveness and risk coverage, validation of functionality and key data inputs/outputs. Analysis will encompass quantitative/statistical and qualitative methods.

Main Duties and Responsibilities

The candidate will work independently as well as in collaboration with cross-functional teams and relevant subject matter experts to identify needed adjustments/ enhancements to AML surveillance, test and evaluate changes, document analysis, substantiate recommendations and communicate the expected impact of and rationale for changes to management.

• Produce quantitative and qualitative analysis to support maintenance and enhancement of existing AML surveillance models / rules / scenarios on the Oracle Mantas platform.

• Assist in developing and testing new surveillance solutions, including tuning and configuration.

• Work closely with members of other teams (Financial Crime, Investigations, Change Management, Technology) to research issues, define and evaluate possible solutions, document decisions, support implementation of changes.

• Author, organize and maintain robust documentation associated with AML Surveillance Optimization analysis and related program materials/procedures.

• Present findings and recommendations to internal and external stakeholders.

• Explain analytical / statistical concepts, methodologies and data-based recommendations to a variety of audiences.

• Manage work tasks and deliverables in a deadline-driven environment.

• Plan and manage project activities with other teams; identify and resolve dependency and resource issues.

Basic Qualifications

• Bachelor's Degree

• 3+ years corporate work experience with responsibility for conducting independent analysis, documenting findings and producing management recommendations / reports

• 2+ years of work experience in the Compliance function of a major Financial Institution

Preferred Qualifications

• Master's Degree

• 2+ years of work experience in the Compliance function of a major Financial Institution

• 2 years experience working with Oracle Mantas AML platform in a Technology or Analyst role.

• Strong analytical skills, including fluency in statistics and expertise in using MS Excel and MS Access

• Effective written and verbal communication skills, with track record of producing complex reports, PowerPoint presentations, data-based graphs and charts

• Broad-based understanding of banking products/services, financial transactions, securities products

• Experience with automated AML surveillance and transaction monitoring systems

• This position will require considerable interaction with software technology and databases. Preferred candidates will have a general understanding of database technology and some prior exposure to software/database development.

• SAS and SQL programming skills are a significant plus.

• Comfortable working to meet project / deliverable deadlines

• Commitment to quality of work product

• Embraces analytical challenges and enjoys creative problem solving

• Comfortable working collaboratively, taking direction and seeking out needed guidance or information