Join us as Vice President – BUK Transaction Monitoring. At Barclays, we don’t just embrace change – we drive it and help craft innovative solutions that the role holder will be responsible for leading the AML TM department and own all activities within the operation. The role holder will be accountable for the cost, SLA delivery and control performance in full compliance with legal, regulatory and internal Barclays policies and standards. The role holder will be responsible for a department of 100 plus FTEs, providing a shared service across the Barclays group, managing operational performance and interacting with stakeholders at D level and above across BUK and BI – Business Unit Accountable Execs, 2LOD, Legal and Technology.

To support Transaction Monitoring with investigating and reporting suspicious activity to the NCA when necessary.

Accountabilities

• Support with day-to-day Transaction Monitoring initiatives including, reviewing, investigating and reporting through AML expertise.
• Execution of monitoring checks on customers, transactions, and other activities to identify potential risks and comply with regulatory requirements.
• Management of issues and alerts arising from transition monitoring tests, including the investigation and resolution of each incident.
• Collaboration with teams across the bank to align and integrate Transaction Monitoring processes.
• Identification of areas for improvement and providing recommendations for change in Transaction Monitoring processes.
• Development and implementation of Transaction Monitoring procedures and controls to mitigate risks and maintain operational efficiency.
• Identification of industry trends and developments to implement best practice in Transaction Monitoring Services.
• Participation in projects and initiatives to improve Transaction Monitoring efficiency and effectiveness.

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.

To be successful as a Vice President – BUK Transaction Monitoring, you should have experience with

• Experience of leading an influencing team manager within a fast paced and regulated environment.
• Graduate/bachelor’s level degree.
• Strong experience of managing senior stakeholder relationships across BU’s and second line of defense.
• Ability to manage and accurately report KPI’s, SLA’s, quality and performance across the business area.

Some other highly valued skills may include

• Ability to create and embed a positive culture and working environment.
• Knowledge of Correspondent Banking payment networks and the associated regulatory requirements and risks.
• Experience of leading a team through transformational change and project management within an Financial Crime operation.
• Minimum of 17 years of experience of which 6 years into a leadership role managing large teams of 100.

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 based out of Noida location.