Financial Crime Sanctions Manager
Financial Crime Sanctions Manager
Northampton
Excellent basic salary plus benefits
As a result of an internal move Barclaycard is looking to recruit a Financial Crime Assurance and Sanctions Manager to join their team based out of Northampton.
The role will be to ensure that Barclaycard meets its Sanctions (and prohibitions) obligations aswell as be a subject matter expert on sanctions customer and payment screening procedures. The will be required to deputise for B6 Senior Manager Sanctions and attend meetings with relevant areas in relation to Sanctions
What the role will entail:
Delivery Duties 40%
Receive, review, log and distribute new or updated sanctions or HM Treasury Notice from Barclays GAMLC
Ensure that sanctioned or prohibited individuals and entities are correctly identified and reported to the authorities:
Work any referred Sanction matches to confirm or eliminate match.
Review any potential payment matches to confirm or eliminate match.
Report any sanctions matches to appropriate internal authorities.
Ensure that operational teams take appropriate actions on accounts where sanctions matches have been confirmed.
Develop/maintain appropriate Sanctions/Prohibitions governance and oversee periodic review of accounts.
Update GAMLC Team with results of investigations
Maintain suite of letters to sanctioned customers, and customers exited as a result of Prohibitions requirements. Agree any amendments with legal.
Represent Barclaycard meeting with Change Teams, COO, GAMLC, Legal and business areas to define policies and procedures for changes to policy.
Represent the team at meetings with stakeholders, external authorities and software providers. Be seen as an expert in this field.
Liaise with and oversee Sanctions operational teams 25%
Oversee regular monitoring plan to sample check investigation cases for quality, input, and justification, utilize results for Training and Development coaching.
Review current matching and review rules, agreeing any revision made in consultation with the Financial Crime Director.
Monitor operational teams SLA's to ensure policy compliance.
To provide advice and guidance to the operational team on processes, and procedures when applying customer search matching criteria to sanctions or prohibition lists and be seen as an expert in this field..
Assurance Duties 30%
Provide regular reports to line manager on Cluster performance.
Devise a risk based assurance programme to monitor compliance to relevant. Sanctions and Prohibitions programmes.
Oversee relevant testing and reviews/challenge of business areas self certification.
Personal and Professional Development 5%
Keep up to date with internal Sanctions and wider Financial Crime requirements
Develop knowledge around other Financial Crime initiatives.
About Barclaycard:
As a leader of change, Barclaycard is dedicated to thinking ahead and making payments simpler for our customers. Innovative, vibrant and always focused on the future, our working environment provides the very best of everything. A recent re-brand reflects our dynamic new direction, and has created unprecedented levels of enthusiasm amongst our people.
Barclaycard started in the UK but we now operate around the world, issuing cards throughout Europe, the USA, Africa, the Middle East and the far East. With over 23 million customers, our dedication to making payments simpler for our customer, be they consumers, retailers or merchants, means we are looking forward to an exciting and profitable future.
Qualifications
Essential
High level knowledge of Barclaycard products and services
Competent use of Microsoft Office, Word/Outlook/internet Explorer.
Strong overview of regulatory requirements in relation to Financial Crime.
Preferred
High level knowledge of Barclays clusters, Group, Barclaycard business areas.
Experience in analysing information and reaching an informed decision
Fluent knowledge of how Bank of England sanction notification and HM Treasury notices are applied within a financial institution and how BFCMT instructions relate to the Barclaycard customer matching search types
Knowledge of Searchspace IEF business logic rules (although training will be given)
Post a Comment