Transaction Monitoring & Screening Advisory Manager

Barclays; Birmingham; Hybrid; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Pension plan

Holiday pay

Employee Assistance Programme

Discounts at high street stores

Job summary

Barclays is seeking a Transaction Monitoring & Screening Advisory Manager in Birmingham/London. This role supports transaction monitoring risk assessments, enhances coverage, manages risks in line with banking standards, and ensures strategic business growth. Candidates should have transaction monitoring/screening experience, strong data analytic skills, and familiarity with regulatory expectations. Contract includes benefits such as enrollment in a pension plan and holiday pay, plus 24/7 access to an employee assistance program.

Qualifications

• Strong understanding of transaction monitoring and screening within wholesale banking.
• Strong data analytic skills and knowledge of machine learning advantageous.
• Knowledge of regulatory expectations across multiple geographies.

Responsibilities

• Support Transaction Monitoring Risk Assessments for the IB business.
• Identify enhancements to IB transaction monitoring and screening risk coverage.
• Manage emerging transaction monitoring and screening risks.

Skills

Transaction monitoring/screening experience

Data analytic skills

Knowledge of regulatory expectations

Stakeholder interaction experience

Strategic direction contribution

Risk and control framework implementation

Ability to simplify outputs

Comfortable in complex environments

Job description

Job Title: Transaction Monitoring & Screening Advisory Manager

Location: London/Birmingham (hybrid - 3 days per week on site)

Length: 6 months

PAYE only

Overall purpose of the role

We are looking for an Assistant Vice President to join IB-FC to support the business with a strong expertise in financial crime risk management, policy and regulation across IB transaction monitoring and/or screening. The primary duties of this role will be to support the completion of Transaction Monitoring Risk Assessments, ensure Barclays transaction monitoring and screening risk coverage remains commensurate to the level of business risk exposure, increase the efficiency of transaction monitoring and screening, support the implementation of strategic initiatives and business growth, manage emerging risks and issues in line with Barclays Issue Management Standards.

Key Accountabilities

• Support the Senior Transaction Monitoring Advisory Manager to complete Transaction Monitoring Risk Assessments for the IB business.
• Identify enhancements to IB transaction monitoring and screening risk coverage, developing appropriate solutions (in conjunction with key stakeholders) and supporting the successful delivery of identified solutions.
• Identify, elevate and manage emerging transaction monitoring and screening risks and issues in line with Barclays Issue Management Standards.
• Support strategic business growth by assessing the impact of new/amended products and services on the IB business risk profile and determining if transaction monitoring and screening enhancements are required.
• Assess the impact of policy, regulatory changes and strategic initiatives on transaction monitoring requirements.
• Enable an effective working relationship between the Product/Coverage, TM/Screening Model Owners, TM/Screening Operations and second line of defence in Financial Crime Compliance on matters relevant to transaction monitoring.
• Review and challenge the transaction monitoring/screening control environment (including those undertaken by shared services or outsourced service providers).

Key Skills

• Strong understanding and prior experience of transaction monitoring/screening within wholesale banking (e.g. transaction banking, correspondent banking, markets, trade finance).
• Strong data analytic skills and knowledge of machine learning advantageous.
• Knowledge of regulatory expectations across multiple geographies (e.g. US, UK, EU, APAC).
• Experience of interacting with stakeholders across multiple jurisdictions.
• Experience contributing to strategic direction incorporating a Values-aligned performance culture.
• Experience focusing on developing and implementing consistent risk and control global frameworks within an organization.
• Ability to deal with ambiguity and simplify outputs and recommendations.
• Comfortable in fast growing and complex environments and ability to move effortlessly between strategic topics to day-to-day regulatory risks.

Your Benefits

As a contract employee of Randstad Sourceright, you’ll receive a wide range of financial and personal benefits. There’s enrolment in a pension plan (after 12 weeks on assignment) and holiday pay. You’ll also get 24/7 access to an Employee Assistance Programme, designed to help you deal with any problems that could be affecting your home or work life. Plus, there’s discounts at heaps of high street shops, restaurants and entertainment - from Asda to Zizzi Italian restaurants.