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Barclays

FinCrime Business Oversight Compliance VP

Barclays, Wilmington, Delaware, us, 19894


Step into the exciting role of

FinCrime Business Oversight Compliance VP , where you will support the business in reaching their goals in a way that drives performance while mitigating the risk of unlawful activity. You'll be responsible for advisory and oversight of several key processes and will work together with other members of the Financial Crime team, both locally and globally, to ensure all requirements are executed and fulfilled in a timely manner. Additionally, you will be expected to interact, at times, with the federal regulators and internal audit (BIA) and could require occasional travel.

To be successful as a FinCrime Business Oversight Compliance VP, you should have experience with:

Composing, reviewing, and editing BSA/AML and Sanctions-related policies and procedures

Preparing and documenting AML and Sanctions risk assessments

Staying abreast of regulatory and policy shifts that may impact the bank’s Financial Crime environment

Identifying risks and notifying business lines of potential impact and remediation steps where necessary

Continually working with business teams to improve end-to-end processes

Some other highly valued skills may include:

ACAMS, CFE, or relevant and equivalent certification

Excellent analytical, interpersonal, and organizational skills

Ability to establish and maintain good working relationships with internal stakeholders

Ability to handle multiple assignments and prioritize items accordingly

Aptitude for making sound decisions and escalate matters in a timely fashion

This role is located in Wilmington, Delaware.

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 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.

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.

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.

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.

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.

Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive.

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