Job Description

Join us as a Senior Enhanced Due Diligence Manager where we are looking for a Vice President to join UKC Financial Crime Execution team, based in the UK, to report directly to the Head of PEP & High Risk EDD, you will support the front office business with a deep expertise in managing Enhanced Due Diligence (EDD) reviews for high risk customer types, including Politically Exposed Persons (PEPs), Embassies and Diplomatic Missions, Cannabis and other High Risk Customer Types.
As a Senior Enhanced Due Diligence Manager you will also support the Head of High Risk & PEP EDD in providing detailed advice and guidance on complex High risk reviews to the UKC FCE team and stakeholders in TC01, 2LoD and Coverage in respect of anti-money laundering, sanctions, and anti-bribery and corruption.
Key AccountabilitiesPerform EDD and produce in-depth, narrative EDD Reports using information collected by 1LOD (KYC and Business), Factiva, Lexis Nexis, World-check, Google and other publically available resources. Engage 1LOD stakeholders (Relationship Director, Risk Assessment Unit) and 2LOD colleagues (Head of UK Corporate Bank Financial Crime or delegates) to facilitate the successful conclusion of the review. Engage with stakeholders such as FinCrime Advisory, Sanctions Advisory, ABC Advisory and the FIU or Legal and Group Tax to seek advice on specific issues. Identify, analyse and articulate the specific Financial Crime-relevant risk posed and provide a reasoned recommendation as to how to proceed with the relationship. Apply judgement to ascertain what level of EDD is adequate and proportionate to mitigate the identified risks associated with a relationship. Where necessary, engage with external vendors to procure investigative due diligence reports. Manage the relationships with external vendors and handle the administrative and billing-related enquiries. Advise the stakeholders including the business and KYC on high risk relationships and transactions. 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. Assume responsibility for the administrative and filing requirements related to managing PEP relationships. Maintain and update Central PEP Repository and the FinCrime IRIS platform. Support maintenance of PEP EDD Team MI. Present and explain MI to Senior Management and ensure the accuracy of underlying data. Protect the reputation of Barclays by identifying and mitigating the risk posed by high risk customers. Play a key role in proposing and implementing a read across for EDD and UKC High risk Forum processes and requirements to other High risk customer types in UKC. Identify, escalate and attempt to mitigate existing shortcomings in the UKC's CDD/EDD processes. Train new staff members about EDD methodology and the UK Corporate Bank's governance and control systems.

To be successful in this role you will need skills and experience in:Advanced degree level education and strong academic track record. Strong written and oral communication skills particularly as relates matters of financial crime risk and how they apply to business and client matters. Skillful coordination in working across a wide range of stakeholders both within and beyond the function. Demonstrable knowledge and experience in analysing the political and/or business context in a global region of relevance to the UKC High risk PEP population. Previous experience using open-source research tools such as Factiva, Lexis Nexis, Orbis or World-check. In-depth knowledge of AML, CTF, ABC, Sanctions risks Ability to work using own initiative to determine an appropriate investigative approach to complex cases and come to conclusions and make recommendations to senior stakeholders. Excellent report writing and presentation skills

Desirable skills include:

Proficient in at least one additional language to English. Interest in geopolitical events and experience in analysing risks in the context of financial flows. Ability to deal with high levels of ambiguity and simplify outputs and recommendations. Relevant advanced AML/CTF or ABC qualifications i.e. ICA AML Diploma Knowledge of UK Financial Crime regulatory environment.

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 London or 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.