Head of Financial Crime Policy & Standards | London, UK

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

Job summary

A leading bank seeks a Head of Financial Crime Policy & Standards to develop and implement risk policies across various business lines. This senior role involves managing compliance, engaging with stakeholders, and ensuring adherence to regulatory requirements, requiring extensive knowledge of financial crime laws and strategic decision-making.

Qualifications

• In-depth understanding of UK laws and regulations related to financial crime.
• Experience in shaping financial crime policies for large organizations.
• Broad experience across AML, Sanctions, ABC, and ATEF.

Responsibilities

• Develop policies, standards, and guidance by soliciting feedback from stakeholders.
• Manage the annual refresh cycle for frameworks, policies, and standards.
• Conduct impact assessments and address policy violations.

Skills

Stakeholder management

Analytical skills

Risk-based approach

Job description

Head of Financial Crime Policy & Standards

Head of Financial Crime Policy & Standards

Job Description

Purpose of the role

To develop, implement, and maintain risk policies and standards across various business lines and risk types, working collaboratively with senior management to support the achievement of the bank's strategic objectives.

Accountabilities

• Develop policies, standards, and guidance by soliciting feedback from stakeholders to meet regulatory requirements and ensure practical implementation.
• Manage the annual refresh cycle for frameworks, policies, and standards, analyzing emerging risks and regulatory changes.
• Conduct impact assessments and address policy violations, ensuring proper dispensation and breach processes.
• Implement and monitor adherence to the Barclays Control Framework aligned with risk policies.
• Engage with stakeholders on transformation projects, ad-hoc requests, training, and education.
• Maintain the framework components, ensuring clear lineage from laws to controls, and conduct periodic control assessments.
• Maintain a centralized repository of all risk policies and standards.
• Implement control lineage processes, approving controls mapped to policy requirements.

Director Expectations

• Manage a business function, contributing to strategic initiatives and managing complex projects.
• Lead a large team or act as a technical expert, guiding less experienced staff and influencing long-term strategic decisions.
• Provide expert advice to senior management and committees, influencing decisions beyond the immediate function.
• Manage resourcing, budgeting, and policy creation for a significant sub-function.
• Ensure compliance and regulatory adherence, monitoring external environment developments.
• Demonstrate extensive knowledge of industry practices and external market developments.
• Utilize advanced analytical skills to solve complex problems and design solutions.
• Make significant strategic decisions and influence stakeholders at senior levels.
• Act as a principal contact and spokesperson for the function.

All senior leaders are expected to demonstrate leadership behaviors aligned with Barclays' values: Respect, Integrity, Service, Excellence, and Stewardship, as well as the Barclays Mindset of Empower, Challenge, and Drive.

Qualifications include:

• In-depth understanding of UK laws and regulations related to financial crime.
• Experience in shaping financial crime policies for large organizations.
• Broad experience across AML, Sanctions, ABC, and ATEF.
• Pragmatic, risk-based approach to financial crime mitigation strategies.
• Proficiency in stakeholder management.

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