KYC Financial Crime Advisory

Job Title: KYC Financial Crime Advisory

Location: London

Length: 6 Months (Initially)

PAYE only

Overall Purpose of the Role

Barclays are seeking a highly skilled and motivated AVP to join our Financial Crime Business Oversight Compliance team. The successful candidate will be responsible for overseeing the firm's financial crime compliance and risk management strategy, ensuring that our products and services are not exploited for illicit activities such as money laundering, terrorism financing, or other financial crimes. This role requires a deep understanding of financial crime risks.

Key Responsibilities

• Act as an SME for Payment Clearing clients, including Correspondent Banks, Payment Service Providers, and E-money institutions, focusing on associated risks and mitigation strategies.

• Oversee the management of financial crime risks within the client segment, utilising Enhanced Due Diligence (EDD), transactional analysis, and data analytics to identify and mitigate potential threats.

• Provide senior management with insights on emerging trends and risks, advising on the financial crime implications for portfolios including Fintech, Foreign Correspondent Banks, and NBFIs.

• Leverage organisational data on clients, Requests for Information (RFIs), and Suspicious Activity Reports (SARs) to make informed decisions and collaborate on risk mitigation strategies.

• Build and maintain productive relationships with first and second lines of defence, ensuring a balanced and objective approach to risk management while influencing stakeholders using data insights.

• Identify, coordinate, and escalate financial crime issues through established governance structures, ensuring that controls are allocated appropriately.

• Develop, enhance, and maintain financial crime-related management information systems and dashboards, providing clear and actionable insights to senior stakeholders.

• Ensure all activities and duties comply with regulatory requirements, Barclays' Enterprise Wide Risk Management Framework, and internal policies.

Person Specification

• Strong SME knowledge in financial crime regulations, risk mitigation strategies, and business segment-specific risks.

• Highly analytical with the ability to process large volumes of data and make sophisticated, informed risk assessments.

• Excellent written and verbal communication skills, with the ability to articulate complex issues succinctly to senior stakeholders.

• Proven ability to work collaboratively across diverse teams and manage projects end-to-end.

• Creative and forward-thinking, with a passion for finding solutions through effective innovation.

• Highly organised with a structured approach to managing multiple priorities and stakeholders.

About Barclays

Barclays is a British universal bank. It is diversified by business, by different types of customers and clients, and by geography. Barclays 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 its service company which provides technology, operations and functional services across the Group.

Values

Everything Barclays does is shaped by its five values of Respect, Integrity, Service, Excellence and Stewardship. The Barclays values inform the foundations of its relationships with customers and clients, but they also shape how Barclays measures and rewards the performance of colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.

Diversity

Barclays aims 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 Barclays vision and goals.

Hybrid Working

Barclays is currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. Barclays is flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. Barclays also has a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances

Your Benefits

As a contract employee of Randstad Sourceright, you’ll receive a wide range of financial and personal benefits. There’s enrolment in a pension plan (after 12 weeks on assignment) and holiday pay. You’ll also get 24/7 access to an Employee Assistance Programme, designed to help you deal with any problems that could be affecting your home or work life. Plus, there’s discounts at heaps of high street shops, restaurants and entertainment - from Asda to Zizzi Italian restaurants.