Financial Crime Compliance Assurance

Job Description

Job Title: Financial Crime Compliance AssuranceLocation: MumbaiAbout BarclaysBarclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.Risk and Control ObjectiveEnsure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.Working FlexiblyWe re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers and clients needs. Whether you have family commitments or you re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility then please discuss this with the hiring manager.Introduction:Supporting Compliance in achieving its mission, purpose and objectives by providing an assurance capability to meet the demands of a world class Compliance function. The main responsibility of assurance professionals will be for executing assurance reviews and/or issue validation (where applicable) to assess and report on Conduct and/or Reputational Risk Management, behaviours and attitudes. Ensuring Compliance with applicable Regulatory, Legislative, and Compliance Policy and Standard requirements, across all of the Barclays legal entities. The role holder will be responsible for enhancing the Compliance Culture within the organisation in a manner consistent with the Barclays company purpose, values and mind-set.What will you be doing

• Design, support and deliver reviews that provide strong insight and value by identifying risks and issues, or examples of good practice. Clearly articulating root causes, outcomes and consequences to support corrective actions or the further embedding of robust controls and processes at a fundamental level.
• Adopt Data Analytics to use logic and analytical skills in reviews while providing assurance and identifying issues.
• Assist Review Leads to ensure timely delivery of assurance reviews, ensuring adherence to the Compliance Assurance methodology in the execution of planning, testing and reporting in addition to the monitoring and validation of issues and actions.
• Be proactive in managing the review to meet the planned timescale, resolving or escalating issues and blockers that materially impact the progress of reviews. Ensuring timely escalation to senior Compliance Assurance managers.
• Realise efficiencies within the Standard Review lifecycle that both heightens the overall assurance product effectiveness and allows for compression of the end to end lifecycle timeline, without compromising quality of work.
• Support cultural leadership skills, through recognising and valuing differences, e.g. through collaboration across diverse networks.
• The ability to clearly articulate the outcome of our reviews regarding the conduct and reputational risk being run across the firm and can interpretate the risks and lack of controls and offer clear remediation solutions.
• Ability to manage multiple tasks in a structured and risk based manner.
• Take a proactive approach to identifying and agreeing review coverage and develop the scope of reviews.
• Keep up to date on business developments, regulatory change, internal policies and Compliance objectives so that Compliance Assurance work remains relevant, timely and valuable.
• Aid continual review and development of the annual review plan through assessing the conduct, reputational and regulatory risks of existing business activities and new business initiatives, or changes to internal and external factors that might impact the business in meeting conduct and regulatory expectations.

What we re looking for:

• Strong analytical skills and an ability to deliver timely high quality work, with excellent Report Writing skills and intermediate proficiency in Excel.
• Excellent influencing and communication skills with the ability to tailor messages to all levels of the business, messages should be clear and impactful. Attention to detail, ability to work in a clear, precise and structured manner.
• Strong investigative skills with the capability to identify key financial crime risks and areas of non-conformance with financial crime regulatory and legislative requirements and identify root cases, themes and trends.
• Knowledge or prior experience of working with an Automated Assurance team to increase the use of data driven testing and data analytics within reviews. Prior experience of working in an agile environment.
• Must have the willingness and initiative to learn and share knowledge across the wider team, along with own and drive personal learning to support achievement of career aspirations.

Skills that will help you in the role:

• Technical compliance knowledge and the application of financial crime regulations and guidance in relation to relevant Barclays Businesses.
• Prior experience of Financial Crime Assurance work or Compliance role. Financial Crime professional qualifications (e.g. ACAMS) would be an advantage.
• Project management capability - able to manage multiple tasks across a variety of business areas and topics while delivering reviews according to plan in a timely and complete fashion.
• Experience of discussing contentious observations with management and recommending necessary actions.

Where will you be working MumbaiBe More at BarclaysAt Barclays, each day is about being more as a professional, and as a person. Be More @ Barclays represents our core promise to all current and future employees. It s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.Interested and want to know more about Barclays Visit home.barclays/who-we-are/ for more details.Our ValuesPurpose and Values We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.RespectWe harness the power of diversity and inclusion in our business, trust those we work with, and value everyones contribution.IntegrityWe operate with honesty, transparency and fairness in all we do.ServiceWe act with empathy and humility, putting the people and businesses we serve at the centre of what we do.ExcellenceWe champion innovation, and use our energy, expertise and resources to make a positive difference.StewardshipWe prize sustainability, and are passionate about leaving things better than we found them.Our DiversityWe aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals.,

Keyskills :
data driven testingrisk management frameworknew businessdata analyticsreport writingwriting skillsrisk managementconsumer bankingequipment supplyanalytical skillsleadership skills