Economic Crime Consequence and Exit Management

Barclays Capital; Northampton; On-site; GBP 70,000 - 110,000; Full time

Job summary

Barclays Capital in Northampton invites an experienced risk professional to join the Economic Crime team. The role oversees consequence management and customer exits across the Business Banking journey, ensuring regulatory compliance while safeguarding customer outcomes.

Lead a team, shape policies, and collaborate with Journey Owners to strengthen controls and deliver outcomes aligned with Barclays' risk framework.

Qualifications

• Experience in risk management and mitigating business risks.
• Strong stakeholder management skills.
• Knowledge of financial crime and regulatory requirements.
• Ability to collaborate across cross-functional teams.

Responsibilities

• Develop strategic direction for risk with up-to-date methodologies.
• Manage the risk department and oversee staff performance.
• Oversee stakeholder relationships and third-party services quality.
• Ensure adherence to risk policies and robust control environment.
• Oversee consequence management and customer exits in Economic Crime.
• Define and deliver customer exit strategy in line with risk frameworks.
• Balance regulatory requirements with customer outcomes.
• Collaborate with Journey Owners and cross-functional teams.

Skills

Risk management

Stakeholder management

Regulatory knowledge

Cross-functional collaboration

Job description

Job Description

Purpose of the role

To support the Risk Function in delivering it's objective of safeguarding the bank's financial and operational stability by proactively identifying, assessing, mitigating, and monitoring risks across various business units and activities.

Accountabilities

• Development of strategic direction for risk, including the implementation of up-to-date methodologies and processes.
• Management of the risk department, including oversight of risk colleagues and their performance, implementation of risk priorities and objectives, oversight of department efficiency and effectiveness.
• Relationship management of risk stakeholders, including identifying relevant stakeholders, and maintenance of the quality of external third-party services.
• Adherence to the Risk policy, standards and frameworks, and maintaining a robust control environment.

Assistant Vice President Expectations

To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.

Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes

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 lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.

Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.

Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.

Take ownership for managing risk and strengthening controls in relation to the work done.

Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.

Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.

Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.

Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.

Influence or convince stakeholders to achieve outcomes.

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.

Join us within our Economic Crime Team, where you will oversee the approach to consequence management and customer exits across our Business Banking customer journey. You will oversee how economic crime risks are managed, ensuring appropriate actions are taken when concerns are identified, while balancing regulatory requirements and customer outcomes. Working with a range of stakeholders, you will help define and deliver the customer exit strategy, shaping processes, guidance, and controls to ensure exits are managed consistently, effectively, and in line with relevant risk and compliance frameworks.

To be successful as an Economic Crime Consequence and Exit Management colleague, you must have the following essential skills

• Experienced in Risk management, with a focus on identifying, assessing, and mitigating business risks.
• Considerable stakeholder management skills, with experience building and maintaining relationships across internal and external stakeholders.
• Knowledge of financial crime, including an understanding of relevant risks, controls, and regulatory requirements.
• Ability to collaborate across cross-functional teams, working effectively with Journey Owners and other stakeholders to deliver customer and business outcomes.

Some other highly valued skills may include

• Considerable knowledge of Business Banking, with an understanding of products, servi