Head of Financial Crime Policy & Standards

• In-depth understanding of UK Laws, Rules and Regulations in respect of Financial Crime;
• Experience in shaping Financial Crime Policies & Standards for a large complex organisation;
• Breadth of experience across AML, Sanctions, ABC and ATEF;
• Experience in pragmatic risk based financial crime risk mitigation strategies;
• Proficient in stakeholder management

Purpose of the role

To develop, implement and maintain Risk policies and standards across various business lines and risk types, working collaboratively with Senior Management across the organisation to develop and execute risk management practices that support the achievement of the Bank's strategic objectives.

Accountabilities

• Development of policies, standards and guidance, soliciting feedback from stakeholders across the Bank to deliver an approach that meets regulatory requirements, maintains the integrity of the Framework design and is practical and achievable for the organisation to implement and operate.
• Management of the Annual Refresh cycle for Frameworks, Policies and Standards, ensuring analysis of emerging risks and regulatory changes are identified, and the needs for new or updated policies are updated within the set timeframe.
• Impact assessments to ensure policies and standards can be implemented in adherence with set timeframes. Investigation and addressing of policy violations or potential issues and ensuring the dispensation, waiver and breaches process in invoked where required.
• Implementation and the execution of the Barclays Control Framework that align to Risk Policies, including engagement with the Chief Controls Office and monitoring adherence across the organisation.
• Management of key stakeholders in response to transformation projects, ad-hoc requests, regular dialogue and training and education.
• Maintenance of Framework components to ensure a clear lineage from Laws, Rules and Regulations through policies, standards and controls. Complete periodic Control Assessments, reviewing the design and operating effectiveness.
• Maintenance of a centralised repository of all risk policies and standards.
• Implementation of control lineage processes, responsible for approving controls mapped to control requirements within polices and standards.

Director Expectations

• To manage a business function, providing significant input to function wide strategic initiatives. Contribute to and influence policy and procedures for the function and plan, manage and consult on multiple complex and critical strategic projects, which may be business wide..
• They manage the direction of a large team or sub-function, leading other people managers and embedding a performance culture aligned to the values of the business. Or for an individual contributor, they lead organisation wide projects and act as deep technical expert and thought leader, identifying new ways of working and collaborating cross functionally. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Provide expert advice to senior functional management and committees to influence decisions made outside of own function, offering significant input to function wide strategic initiatives.
• Manage, coordinate and enable resourcing, budgeting and policy creation for a significant sub-function.
• Escalates breaches of policies / procedure appropriately.
• Foster and guide compliance, ensure regulations are observed that relevant processes in place to facilitate adherence.
• Focus on the external environment, regulators, or advocacy groups to both monitor and influence on behalf of Barclays, when appropriate.
• Demonstrate extensive knowledge of how the function integrates with the business division / Group to achieve the overall business objectives.
• Maintain broad and comprehensive knowledge of industry theories and practices within own discipline alongside up-to-date relevant sector / functional knowledge, and insight into external market developments / initiatives.
• Use interpretative thinking and advanced analytical skills to solve problems and design solutions in often complex/ sensitive situations.
• Exercise management authority to make significant decisions and certain strategic decisions or recommendations within own area.
• Negotiate with and influence stakeholders at a senior level both internally and externally.
• Act as principal contact point for key clients and counterparts in other functions/ businesses divisions.
• Mandated as a spokesperson for the function and business division.

All Senior 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.

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.