Director, Financial Crime Execution and Transformation Oversight

Job Description Purpose of the role

The US Consumer Bank (USCB) Director, Financial Crime Oversight is responsible for ensuring that Barclays Bank Delaware effectively manages its financial crime risks, covering money laundering, terrorist financing, sanctions and bribery and corruption, in line with the BBDE Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) and Sanctions Compliance Program and related Barclays Group Financial Crime policies. In doing so the role holder protects the Bank, its customers and its employees, as well as society at large, from the negative effects of financial crime.

Ensure the bank achieves compliance with all Financial Crime regulations, policies and standards, and manages Financial Crime within stated risk appetite, through Overseeing the E2E processes that are primarily designed to manage financial crime risk or comply with financial crime regulations, policies and standards;
Acting as 1st line oversight representative for regulatory engagements on matters relating to financial crime Collaborating with others to deliver effective risk management and compliance in related processes (e.g. customer on-boarding, suspicious activity monitoring and reporting, screening, customer due diligence and enhanced due diligence, etc.) in a fashion that also supports the business’s wider strategy Ensuring ABC controls are operating effectively across the organization Oversee Operational execution of financial crime activity and ensure effective controls testing is in place.

Ensure Intra-group Agreements and Service appendices for financial crime execution are fit for purpose and support adherence to financial crime policies Hold delegated authority from the first line of defense Responsible Executive for financial crime compliance and risk management Work with second line of defense functions (primarily BBDE Bank Secrecy Officer (BSA) Officer) to influence and shape the bank’s policies and standards in a manner that reflects and is relevant to US Consumer Bank customers and partners Responsible for working with all teams involved to ensure that the bank achieves satisfactory outcomes in related risk assessments, assurance reviews and audits, identifying and resolving issues that may preclude this and responding appropriately to assessments that do not meet this target Monitor, ensure accuracy and respond to Key Risk Indicators to identify areas of concern, define and deliver (directly and indirectly) suitable responses that will return and maintain these indicators within appetite.

Responsible for providing inputs and other management information to support risk and control reporting to USCB management and the BBDE Board. Work proactively with leaders across the bank, second line of defense, Chief Controls Office, Barclays service companies and the wider organization to support delivery of mutual objectives, contributing to the effective implementation of agreed Business Plans Provide oversight of the Financial Crime transformation portfolio, including strategic initiatives, regulatory remediation, technology delivery and business readiness.

Monitor and challenge delivery milestones, risks, dependencies, financial performance, resource requirements and benefits realization to ensure alignment with Financial Crime priorities and risk appetite. Represent Financial Crime in relevant transformation governance and support the prioritization of investment required to strengthen the control environment.

To manage a business function, providing significant input to function wide strategic initiatives. Contribute to and influence policy and procedures for the function and plan, manage and consult on multiple complex and critical strategic projects, which may be business wide.. They manage the direction of a large team or sub-function, leading other people managers and embedding a performance culture aligned to the values of the business.

Or for an individual contributor, they lead organisation wide projects and act as deep technical expert and thought leader, identifying new ways of working and collaborating cross functionally. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions.. Provide expert advice to senior functional management and committees to influence decisions made outside of own function, offering significant input to function wide…