TM Analytics Lead

­­­­­­­­­­­­­­­­­­Overall purpose of role

This leadership role has responsibility for providing direction, leading a team in India, as well as ongoing management of the effective delivery of key the AML Transaction Monitoring activity globally. The role holder will have solid analytics skill and understanding in Transaction Monitoring.  The responsibility includes leading the transformation IFC activities and BAU processes of Transaction Monitoring. 

As Director of Transaction Monitoring, the role holder will:

• Focus on driving successful delivery of outcomes, managing across teams, programmes and BAU to ensure effective focus, prioritisation and engagement
• Be an advocate for doing the right thing, be self-motivated and enthusiastic

• Provide leadership and direction on financial crime and compliance matters to key stakeholders including those in group control, business, technology and operational teams as well as compliance.
• Lead by example and be pro-active in fostering a strong partnership with senior stakeholders
• Be a role model to the Group Control Data Analytics function and actively develop and nurture an environment of excellence within the team
• Have technical and analytics knowledge of the Financial Crime regulatory environment
• Review and challenge the control environment driving positive and strategic change
• Provide strategic steer and guidance and be responsive to changes in both the internal and external environment

Fundamental to the role will be an ability to actively contribute to and engage in data analytics to achieve consistency, share knowledge and drive strategic change. The role holder will also work very closely with other Group Control teams, Compliance, Business, Legal, Technology and Operational colleagues in order to deliver a co-ordinated approach and response to risk.

Key Accountabilities

The role holder will be accountable for:

• Providing leadership within the TMCS team, developing and empowering team members to be effective, and represent the function
• Delivering defined TM detection services provided to BUK and BBPLC
• Developing and maintaining the Anti Money Laundering Transaction Monitoring programme in line with policy and regulatory requirements.
• Developing and working with the organisation to deliver the strategic investment portfolio for the Anti Money Laundering Transaction Monitoring programme in partnership with technology and operational teams.
• Implement and maintain industry leading governance and procedures for the Transaction Monitoring life cycle.
• Lead technical analytics teams for TMCS Central Services in India and be responsible for various deliveries across TM models.
• Enabling an effective working relationship between senior stakeholders across the business, technology, operations, compliance and group control. 

Person Specification

The role holder will have

• Strong financial crime speciality, especially in Transaction Monitoring dealing with both BAU and transformation deliverables
• Robust analytics skills, understanding data, scripts, mathematics and models
• Ability to translate analysis to business solution to mitigate Transaction Monitoring risks
• Good communication to senior management and stakeholders
• Managerial and leadership experience in leading and managing a team

Essential Skills/Basic Qualifications:

• Be an inspirational leader with a track record of delivery and management, leadership and mentoring of high performing teams

• Analytics experience in data, models, analytics and scripting especially in the financial crime space
• Be able to demonstrate technical knowledge of Financial Crime and be able to quickly apply a combination of technical and commercial thinking to an appropriate solution for TM risk mitigation
• Be comfortable in fast growing and complex environments, and be able to move effortlessly between strategic topics to day to day BAU and any ad hoc urgent delivery

Desirable skills/Preferred Qualifications:

• Excellent interpersonal skills, an effective communicator, adapting messaging to the audience clear, plain language terms – an ability to communicate analytically or legally complex items in simplified terms without losing the essential points
• Strong organisational, planning and problem-solving skills, ability to multi-task and demonstrate flexible thinking
• Experience in utilising analytical tools for data exploration, analysis and visualisation, SQL and Python; as well as Data Management & Model Validation principles and controls
• In-dept experience in Financial Crime Risk and Transaction Monitoring  

Purpose of the role

To design, develop, implement, and maintain various statistical, mathematical and machine learning models to support decision-making by analysis and solving complex problems. 

Accountabilities

• Acquisition and collection of data from various sources, including internal databases, external datasets, and real-time feeds.
• Performing data cleaning and pre-processing tasks to ensure data quality and suitability for model development.
• Design and implementation of data management strategies for model maintenance and future development.
• Designing, development, and implementation of statistical and machine learning models for various applications, including credit risk assessment, fraud detection, customer segmentation, and marketing optimisation.
• Monitoring model performance in real-time and identify any potential issues or biases.
• Leading training, mentoring, and knowledge-sharing sessions to uplift ML capability across the organisation.
• Evaluating and piloting emerging technologies, tools, and frameworks to ensure the organisation remains at the forefront of AI innovation.

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.