Financial Crime Business Oversight Compliance – Investment Bank and UK Corporate

Join us as a Financial Crime Business Oversight Compliance VP at Barclays, where you'll support the oversight and development of the financial crime systems and controls environment. The role will be multidisciplinary and support the activities of the Business Oversight Compliance function including supporting transformation programs with a focus on high-risk products, sectors and client types.

 To be successful as a Financial Crime Business Oversight Compliance VP, you should have experience with;

• Implementing/providing oversight of best-in-class financial crime systems and controls

• providing financial crime oversight of complex businesses with differing risk profiles

• drafting guidance focussed on high-risk products, sectors and client types

• knowledge of Investment or Corporate Banking products

• ability to operate under pressure and adapt to changing priorities

Some other highly valued skills may include;

• Familiarity with regulatory expectations and compliance frameworks

• Working in a second line of defence or oversight function

• Experience in working on transformation programmes

• Strong industry connectivity

• Data-driven

Location: London with 3 anchor days in the office Tuesdays, Wednesdays and Fridays.

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.

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

• Engage in “check and challenge” in relation to the execution of financial crime controls operated in the First Line of Defence; to ensure that activities and duties are carried out in full compliance with regulatory requirements, internal Barclays Policies and Standards, the Enterprise-Wide Risk Management Framework and aligned to the defined Risk Appetite Statement

• Support the development of a firm-wide approach to client and control-environment matters, ensuring consistent application across Group. This will require working with peers in the Financial Crime function in order to deliver the right outcomes for the Group

• Support financial crime transformation programs, including the development of guidance relating to anti-money laundering and counter terrorist financing (AML/CTF) for high risk customer types, sectors and industries

• Partner with key stakeholders to ensure financial crime initiatives are successfully tracked to deliverables, timeliness and expected outcomes

• Collaboration with 1LOD, other relevant Compliance teams and legal, and relevant risk management functions to facilitate a comprehensive approach to compliance and risk management.

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.