The UK Corporate Banking Head of Financial Crime Advisory is the a senior financial crime subject matter expert for the business. The core purpose of the role is to provide expert leadership and advice to business stakeholders as to the regulatory and Barclays Group Financial Crime Policies and Standards requirements governing how Barclays manages its financial crime risks, including Anti - money laundering, terrorist financing, sanctions and bribery and corruption. In doing so, the role holder protects the Bank, its Clients and its employees, as well as wider society, from the serious and negative effects of financial crime.

KEY ACCOUNTABILITIES:

• Design and own the methodology for managing financial crime risk in the first line of defence
• To devise, revise and enhance financial crime risk management strategies for the UK Corporate Bank
• Define and oversee the UK Corporate Bank financial crime risk appetite
• Provide expert support to UK Corporate Bank forums managing financial crime risk
• Oversee risk management processes completed by first line risk management and operations teams
• Support business product owners with new products and with product changes to ensure financial crime risk is managed
• Give expert support to UK Corporate Bank or Barclays Group-wide projects as needed
• Manage and oversee financial crime risk related change management
• Liaise with internal and external stakeholders, to include business teams, compliance, operations, legal, nominated officer, internal audit, and regulators as required
• Oversee the transaction monitoring and client and payment screening programmes for UK Corporate Bank

KEY SKILLS:

• The best candidates for this role will have a deep and detailed understanding of the UK regulatory frameworks governing how regulated firms must manage financial crime risk (e.g. Money Laundering Regulations, JMLSG, FCA guidance)
• The role covers both core UK Corporate Banking and Barclaycard Payments, meaning that experience of banking and payments is a strong advantage
• The ability to interpret large and complex data sets and to boil this down for an non-SME audience to convey the true risk
• The role has significant approval authority in respect of how financial crime risk is managed, therefore experience in making nuanced risk-based decisions is critical
• Head of Advisory supports a large and diverse group of stakeholders, and so it’s very important that the post-holder be able to build relationships based on trust and co-operation
• Financial crime regulations and policies can be very detailed and require a consideration of many factors and risks, therefore a direct and crystal clear communication style is essential.

ACCOUNTABILITIES

• Identification and assessment of compliance risks through thorough reviews of business activities, changes, processes, testing and systems to.
• Identification and investigation of potential market abuse, including but not limited to, Insider Dealing, Unlawful Disclosure, Market Manipulation or Anti-Competitive Conduct.
• Conduct investigation of compliance risk events or breaches. Oversight and check and challenge of corrective actions and preventative measures to avoid future occurrences.
• Implementation of compliance policies and procedures in line with regulatory requirements and ensuring that the bank’s internal policies are aligned with international standards, including jurisdictional requirements.
• Collaboration with 1LOD, other relevant Compliance teams and legal, and relevant risk management functions to facilitate a comprehensive approach to compliance and risk management.
• Identification, investigation and oversight of potential money laundering, terrorist financing or other financial crime.

To provide data-led expert oversight and check and challenge on business and compliance matters to evidence that the organisation is operating in a compliance with Barclays legal, regulatory and ethical responsibilities.