Financial Intelligence Unit - Risk & Control Specialist

Join us as a Financial Intelligence Unit - Risk & Control Specialist, supporting the delivery of the FIU’s global strategy for proactive, intelligence-led financial crime risk mitigation. The FIU Risk & Control team plays a critical role in maintaining effective governance and controls to manage and elevate financial crime and operational risks. In this role, you will perform controls testing, manage issues through remediation, assess audit and assurance findings, produce accurate management information, and conduct quality assurance reviews of Suspicious Activity Investigations.

You will also provide clear, actionable feedback on policy and process risks.

To be successful as a Financial Intelligence Unit - Risk & Control Specialist, you should be:

• 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

Some other highly valued skills may include:

• 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

This role is located in Whippany, NJ.

Minimum Salary:$110,000

Maximum Salary:$135,000

The minimum and maximum salary/rate information above includes only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

Barclaysemployeesareeligibleforasuiteofcompetitiveandgenerousemployeebenefits,including medical,dentalandvisioncoverage,401(k),life insurance,andotherpaidleaveforqualifyingcircumstances.

This position is eligible for an incentive award.

To conduct investigations into various aspects of the bank’s operations and/or conduct of individuals to identify and address potential instances of non-compliance, fraud, misconduct, or other unethical behaviour, that harms or is likely to harm the reputation or financial well-being of the firm or may lead to legal and/or regulatory censure.

• 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…