Director - Fin Crime Compliance - EMM

Barclays; Glasgow; On-site; GBP 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Director of Financial Crime Compliance to join their leadership team. In this pivotal role, you will provide expert oversight on compliance matters, ensuring the organization meets its legal and regulatory obligations. You will lead a team, driving performance and fostering a culture of excellence while collaborating with various stakeholders to mitigate compliance risks. This position offers a unique opportunity to influence strategic initiatives and shape the future of compliance within a dynamic financial environment. If you are a proactive leader with a passion for compliance and risk management, this role is perfect for you.

Qualifications

• Proven experience in financial crime compliance and risk management.
• Strong leadership skills with a focus on talent development.

Responsibilities

• Oversee compliance risks and ensure adherence to regulations.
• Lead investigations into financial crime and market abuse.

Skills

Stakeholder engagement

People leadership

Communication skills

Problem-solving skills

Risk management

Understanding of retail banking

Data analysis

Creative thinking

Education

Degree in Finance or related field

Job description

The Director of Financial Crime Compliance, Life Moments will, along with other Directors and Managing Directors in BUK Compliance, be part of the BUK Compliance Leadership Team. The BUK Compliance team are split into Centres of Excellence (CoE) based on expertise. The role holder will be part of the Leadership team for Financial Crime, with specific focus on the BUK Customer business across a broad range of Risk & Control activities.

Essential Skills/Basic Qualifications:

1. Strong stakeholder engagement and influencing skills at a senior level.
2. Ability to provide strong people leadership, performance management and talent development.
3. Proven communication and problem-solving skills. Creative thinking and strong judgment and decision making.
4. A solid understanding of retail banking.
5. Strong experience of risk management at a senior level.
6. Understanding of new technologies and the use of Data in retail banking organizations.
7. Innovative self-starter with a challenging but positive and influential style.

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:

1. Identification and assessment of compliance risks through thorough reviews of business activities, changes, processes, testing and systems.
2. Identification and investigation of potential market abuse, including but not limited to, Insider Dealing, Unlawful Disclosure, Market Manipulation or Anti-Competitive Conduct.
3. Conduct investigation of compliance risk events or breaches. Oversight and check and challenge of corrective actions and preventative measures to avoid future occurrences.
4. 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.
5. Collaboration with 1LOD, other relevant Compliance teams and legal, and relevant risk management functions to facilitate a comprehensive approach to compliance and risk management.
6. Identification, investigation and oversight of potential money laundering, terrorist financing or other financial crime.

Director Expectations:

1. To manage a business function, providing significant input to function-wide strategic initiatives. Contribute to and influence policy and procedures for the function and plan, manage and consult on multiple complex and critical strategic projects, which may be business-wide.
2. Manage the direction of a large team or sub-function, leading other people managers and embedding a performance culture aligned to the values of the business. For an individual contributor, lead organization-wide projects and act as deep technical expert and thought leader, identifying new ways of working and collaborating cross-functionally. Train, guide and coach less experienced specialists and provide information affecting long-term profits, organizational risks and strategic decisions.
3. Provide expert advice to senior functional management and committees to influence decisions made outside of own function, offering significant input to function-wide strategic initiatives.
4. Manage, coordinate and enable resourcing, budgeting and policy creation for a significant sub-function.
5. Escalate breaches of policies/procedure appropriately.
6. Foster and guide compliance, ensuring regulations are observed and that relevant processes are in place to facilitate adherence.
7. Focus on the external environment, regulators, or advocacy groups to both monitor and influence on behalf of Barclays, when appropriate.
8. Demonstrate extensive knowledge of how the function integrates with the business division/group to achieve overall business objectives.
9. Maintain broad and comprehensive knowledge of industry theories and practices within own discipline alongside up-to-date relevant sector/functional knowledge, and insight into external market developments/initiatives.
10. Use interpretative thinking and advanced analytical skills to solve problems and design solutions in often complex/sensitive situations.
11. Exercise management authority to make significant decisions and certain strategic decisions or recommendations within own area.
12. Negotiate with and influence stakeholders at a senior level both internally and externally.
13. Act as principal contact point for key clients and counterparts in other functions/business divisions.
14. Mandated as a spokesperson for the function and business division.

All Senior 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.

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.