Senior FinCrime Investigations Manager

We’re looking for a Vice President to join UKC Financial Crime Execution, based in the UK, to report directly to the Head of FCE Investigations, who will support the front office business with a deep expertise in managing proactive AML Investigations across all UK Corporate Bank relationships to help identify, disrupt and deter money laundering and terror financing risks. 

You will lead in identifying emerging risks within the UK Corporate Bank with the support of intelligence to tackle AML risk and supporting UK Corporate Bank in their commercial goals through effective financial crime risk management. 

As a Senior FinCrime Investigations Manager you will need to demonstrable existing SME knowledge and demonstrable experience. Being data driven, AML investigations across complex products/ services, the ability to make effective connections with colleagues in challenging circumstances, the ability to take in a lot of information in a short space of time, understand the relevant risks and explain those clearly to non-expert audiences under pressure, and explore nuanced and robust mitigation options, where possible, aligning with the Bank’s regulatory obligations and risk appetite.

To be successful in this role you will have the skills and experience in:

• Triggering proactive investigations into UK Corporate Bank clients / sectors / product types based on intelligence / emerging risks to identify, disrupt and deter money laundering and terror financing risks. 
• Document and present relationship recommendations to senior leadership across 1LoD and 2LoD stakeholders. This will include engagement with stakeholders such as FinCrime Advisory, Sanctions Advisory, ABC Advisory and the FIU or Legal and Group Tax to seek advice on specific issues.  
• Perform in depth transaction analysis and internal / external due diligence using sources such as Factiva, Lexis Nexis, World-check, Google and other publically available resources.
• Identify, analyse and articulate the specific Financial Crime-relevant risk posed and provide a reasoned recommendation as to how to proceed with the relationship.
• Ensure strong record keeping and supporting documentation to evidence work completed. This will need to stand up to the scrutiny of the UK Corporate Banking high risk forum membership, Internal Audit and the Regulator who will review the output of their reviews and recommendations.
• Support FCE Head of Investigations responsibilities. 
• Apply judgement to ascertain what level of due diligence is adequate and proportionate to mitigate the identified risks associated with a relationship / project. 
• Coordinate stakeholders across 1LoD and 2LoD, ensuring regular updates, clear objections and outcomes of work are shared through the lifecycle of work being undertaken. 
• If required and in line with UK legal obligations, draft and file internal Suspicious Activity Reports (SARs), and provide support to the relevant team tasked with investigating any such internal SARs.
• Undertake analysis of transactional activity on corporate bank accounts and analysis of/comparison with published annual accounts where available, in order to identify suspicious transactions and assess Barclays exposure to AML risk. Provide guidance, training and feedback to Relationship Directors in their own assessment of transitional activity and explanation of client nature of business/source of funds.
• Support maintenance of UKC RAU Investigations. Present and explain MI to senior management ensuring accuracy of underlying data. 
• Protect the reputation of Barclays by identifying and mitigating the risk posed by high risk customers.
• Identify, escalate and attempt to mitigate existing shortcomings identified within Barclays Financial Crime Risk Management controls e.g. KYC. 
• Train UKC RAU members around emerging risks and typologies.   

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role is located in Birmingham

Purpose of the role

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. 

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.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.