Financial Crime Analyst

Job Description

Purpose of the role

To support the Risk Function in delivering it’s objective of safeguarding the bank's financial and operational stability by proactively identifying, assessing, mitigating, and monitoring risks across various business units and activities.

Accountabilities

• •Development of strategic direction for risk, including the implementation of up-to-date methodologies and processes.
• •Management of the risk department, including oversight of risk colleagues and their performance, implementation of risk priorities and objectives, oversight of department efficiency and effectiveness.
• •Relationship management of risk stakeholders, including identifying relevant stakeholders, and maintenance of the quality of external third-party services.
• •Adherence to the Risk policy, standards and frameworks, and maintaining a robust control environment.

Analyst Expectations

• •To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• •Requires in-depth technical knowledge and experience in their assigned area of expertise
• •Thorough understanding of the underlying principles and concepts within the area of expertise
• •They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• •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 develop technical expertise in work area, acting as an advisor where appropriate.
• •Will have an impact on the work of related teams within the area.
• •Partner with other functions and business areas.
• •Takes responsibility for end results of a team’s operational processing and activities.
• •Escalate breaches of policies / procedure appropriately.
• •Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• •Advise and influence decision making within own area of expertise.
• •Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• •Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• •Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• •Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• •Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• •Guide and persuade team members and communicate complex / sensitive information.
• •Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Join us as a Financial Crime Analyst to support key Financial Crime and Anti-Money Laundering (AML) controls across the business. You will analyse large and complex datasets to enhance transaction monitoring, Know Your Customer (KYC) strategies, and high-risk customer controls. Working closely with stakeholders, you will identify risks, uncover weaknesses in existing rules, and develop data-driven recommendations to strengthen our control environment. Your findings will be presented to senior leaders and approval forums, helping to shape and improve the organisation's financial crime risk management framework.

To be successful as a Financial Crime Analyst you should have the following essential skills:

• •Experience and proven ability using SAS or a similar coding environment / language, such as R and Python, and knowledge of SQL. Beginner level of coding is appropriate.
• •Stakeholder management skills and considerable communication skills to manage internal and external stakeholders.
• •Proficiency with Excel, intermediate ability is necessary.
• •Analytical proficiency with experience in previous analytical roles or with a numerate/analytical qualification.
• •Ability to absorb large quantities of data and information whether it’s a detailed case or a strategic change, the key information needs to be identified, understood and assessed.
• •Excellent communication skills, both written and verbal, in order to articulate issues and recommendations to a varied stakeholder audience.
• •Understand impact of policy changes on large customer base in order to assess the level of complexity for company, colleagues and customers.

Some other highly valued skills may include:

• •Experience or exposure to financial crime detection and prevention, with an understanding of financial crime risk frameworks and controls.
• •Experience working with financial crime platforms such as FCRM or Sam8, particularly in rule creation and strategy development.
• •Previous experience in an analytical role, ideally within fraud, financial crime, or banking environments.
• •Considerable understanding of financial crime typologies and the ability to apply analytical thinking to evolving threats.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role can be based in Edinburgh or Glasgow.

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