Integrated Financial Crime (IFC) Transaction Monitoring Business Analyst

Barclays UK; Glasgow; On-site; GBP 40,000 - 80,000; Full time

Job summary

Join a forward-thinking company as an Integrated Financial Crime Transaction Monitoring Business Analyst, where you will play a pivotal role in enhancing financial crime processes and driving innovation. This position offers the opportunity to work with cutting-edge technology to revolutionize digital offerings and ensure exceptional customer experiences. You will collaborate with diverse stakeholders, analyze business requirements, and contribute to strategic objectives in a dynamic environment. If you are passionate about financial crime prevention and eager to make a significant impact, this role is perfect for you.

Qualifications

• Experience in a regulated business environment with risk management exposure.
• Knowledge of financial crime, AML, and transaction monitoring systems.

Responsibilities

• Identify and analyze business problems and client requirements needing change.
• Collaborate with stakeholders to ensure solutions meet their needs.

Skills

Transaction Monitoring tools

Governance and risk management

Communication skills

Financial crime regulatory framework

Analytical tools for data exploration

Sanctions monitoring tools

Tools

Financial crime industry software

Job description

Step into the role of Integrated Financial Crime (IFC) Transaction Monitoring Business Analyst at Barclays. The IFC portfolio is a multi-faceted Financial Crime programme of change delivered via over 20 initiatives to create a holistic, risk-based, and effective Financial Crime environment, strengthen robustness, and enhance automation of Financial Crime processes. The role involves developing and strengthening skills and capabilities across all lines of defence and empowering partners, colleagues, and customers to identify and prevent Financial Crime by raising awareness of the risks. You will spearhead the evolution of our digital landscape, driving innovation and excellence, harnessing cutting-edge technology to revolutionise our digital offerings and ensure unparalleled customer experiences.

To be successful as an IFC Transaction Monitoring Business Analyst, you should have experience with:

• Knowledge of Transaction Monitoring tools and sanctions regulatory frameworks.
• Experience in a regulated business environment with governance, control, and risk management exposure, ensuring adherence to action and escalation procedures.
• Excellent verbal and written communication skills, with a considerable record of building relationships and engaging with technical and non-technical stakeholders.
• Knowledge of the UK and global financial crime regulatory framework.
• Experience in transaction monitoring reviews, identifying trends such as large cash withdrawals and deposits, transactions on dormant accounts.
• Knowledge and experience in using financial crime industry software solutions and profiling.
• Knowledge of sanctions monitoring tools and sanctions regulatory frameworks.

Additional valued skills include:

• Confidence to contribute and make business-critical decisions.
• Understanding of financial crime, market surveillance, AML, and transaction monitoring/detection systems and processes, including trends and typologies in AML and terrorist financing.
• Experience using analytical tools for data exploration, analysis, and visualization.

You may be assessed on key skills such as risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, as well as job-specific technical skills.

This role can be based in Glasgow or London.

Purpose of the role

To support the organisation in achieving its strategic objectives by identifying business requirements and solutions that address business problems and opportunities.

Accountabilities

• Identify and analyse business problems and client requirements needing change.
• Develop business requirements to address problems and opportunities.
• Collaborate with stakeholders to ensure solutions meet their needs and expectations.
• Support the creation of business cases justifying investments.
• Conduct feasibility studies on proposed solutions.
• Support reports on project progress, ensuring timely and within-budget delivery.
• Create operational and process designs for proposed solutions within scope.
• Assist in change management activities, including developing traceability matrices for successful implementation.

Assistant Vice President Expectations

• Advise and influence decision-making, contribute to policy development, and collaborate across functions.
• Lead a team performing complex tasks, setting objectives, coaching, and appraising performance.
• If leadership responsibilities exist, demonstrate leadership behaviors: Listen, Energise, Align, Develop.
• For individual contributors, lead collaborative assignments, guide team members, and identify new directions for projects.
• Consult on complex issues, providing advice to support resolution.
• Identify risk mitigation strategies and develop policies to support control and governance.
• Manage risk and controls related to work performed.
• Perform related work, understanding cross-area contributions.
• Engage in complex data analysis, communicate complex information effectively, and influence stakeholders to achieve outcomes.

All colleagues are expected to embody the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, and demonstrate the Barclays Mindset of Empower, Challenge, and Drive.