Financial Crime - Operating Model - Execution Lead

Barclays UK; Greater London; Hybrid; GBP 90,000 - 120,000; Full time

Job summary

A leading financial institution is seeking a Financial Crime Compliance Change VP – Operating Model SME. You will provide oversight and implement the target state Financial Crime operating model, conducting detailed assessments and ensuring compliance with legal and regulatory responsibilities. The ideal candidate will have significant experience working within a Tier 1 Bank, especially in risk management frameworks, along with strong stakeholder management skills. This role is based in London or Glasgow with a hybrid work arrangement.

Qualifications

• Experience with Financial Crime Transformation projects in a Tier 1 Bank.
• Conducting business analysis aligned with regulatory requirements.
• Proven track record in stakeholder management at Exco level.

Responsibilities

• Support the design and implementation of the Financial Crime operating model.
• Driving delivery through stakeholder collaboration.
• Investigate compliance risk events or breaches.

Skills

Financial Crime Operating Model

Regulatory Risk Expertise

Leadership & Decision Making

Stakeholder Management

Job description

The Financial Crime Compliance Change VP – Operating Model SME is responsible for supporting the overarching design and implementation of the target state Financial Crime operating model across the Group, specifically supporting the implementation of the target state accountabilities and responsibilities across the first and second lines of defence. The role will support the detailed design of how the agreed accountabilities and responsibilities will be executed within the in-scope functions; develop detailed implementation plans; and work with key stakeholders to drive delivery of these.

To be successful as a Financial Crime - Operating Model - Execution Lead, you should have:

• Financial Crime Operating Model – Experience working within a Tier 1 Bank on a Financial Crime Transformation project and/or previous experience in designing and implementing a risk management operating model including delivery of clear accountabilities and responsibilities across end-to-end systems, processes and controls.

• Regulatory Risk Expertise – Experience conducting Business Analysis and driving change / continuous improvement in alignment with business strategy and regulatory agenda.

• Leadership & Decision Making – Ability to exercise SME knowledge and apply sound judgement over “what good looks like” in respect of comprehensive 1st & 2nd line Financial Crime teams (right sized; appropriate capability; clear and demonstrable evidence of roles / dependencies); and proven track record of operating effectively within a matrix organisation and delivering through others.

• Stakeholder Management & Senior-Level Reporting – Excellent communicator with ability to adapt style to meet needs of audience, including Exco level stakeholders and senior governance committees); Skilled in developing and growing partnerships across the organisation.

Some other highly valued skills may include:

• Industry Specific Financial Crime & Risk Expertise – experience in assessing and managing financial crime risks across various industries, jurisdictions and customer types (i.e. Retail / Consumer Banking, Private Banking & Wealth, Business / Corporate Banking, and Investment Banking & Markets).

• Geographic Risk Awareness – knowledge of global financial crime requirements and local regulatory regimes.

• Collaborative Mindset – strong team player with the ability to engage effectively, sequence priorities and foster a risk-aware culture.

This role can be based in London and Glasgow with 3 anchor days in the office.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

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

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

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and accelerate breach resolution of policies/procedures.
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements.
• 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 be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long-term profits, organisational risks and strategic decisions.
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills 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.