Apply on Employer Site

Barclays Investment Bank · 1 day ago

Financial Intelligence Unit - Risk & Control Specialist

Building 300-115 South Jefferson Rd Campus, Whippany

Full-time

Onsite

Mid, Senior Level

$110K/yr - $135K/yr

Barclays Investment Bank is seeking a Financial Intelligence Unit - Risk & Control Specialist to support the delivery of the FIU’s global strategy for proactive financial crime risk mitigation. The role involves conducting investigations, implementing risk mitigation strategies, and enhancing compliance awareness among colleagues.

BankingFinancial Services

Responsibilities

Identification and evaluation of potential risks associated with non-compliance or unethical conduct and implement risk mitigation strategies

Leading the investigations into alleged violations of policies, regulations, or laws

Provision of training programs to enhance awareness of compliance issues and ethical conduct among colleagues

Documentation of investigation processes and provision of recommendations for corrective actions and improvements based on investigation findings

Utilisation of advanced technology and data analytics tools to enhance the efficiency and effectiveness of investigations

Utilisation and assessment of relevant internal and external information and intelligence in furtherance of the investigation

Where applicable, fulfilment of any necessary external legal and/or regulatory reporting obligations

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

Qualification

Risk ManagementControls TestingQuality AssuranceData AnalysisFinancial Crime ComplianceAnalytical SkillsGlobal Financial Crime ExperienceAttention to DetailProblem Solving

Required

Skilled in identifying, assessing, and monitoring risk with a comprehensive understanding of enterprise risk management, with a focus on financial crime and operational risk

Experience with controls testing, assessing the design, and operating effectiveness of financial crime controls; role-holder will perform controls testing through a financial crime compliance lens, whilst ensuring alignment with regulations, policies, and frameworks

Working knowledge of Issues Management processes including the use of ORAC; role-holder will be responsible for management of issues including identification, root cause analysis, assessment of materiality and driving action plans through to completion of remediation

Preferred

Quality Assurance experience: role-holder may execute Quality Assurance (QA) reviews of Suspicious Activity Investigations and provide meaningful and actionable feedback on areas of policy or process risk

Attention to detail, problem solving and analytical skills

Experience of working in a global financial crime environment

Benefits

Medical, dental and vision coverage

401(k)

Life insurance

Other paid leave for qualifying circumstances

Company

Barclays Investment Bank

Barclays Investment Bank offers large corporate clients with strategic advisory, financing, and risk management solutions. It is a sub-organization of Barclays Corporate Banking.

Founded in 1997