Address
Form of workJob Title: Transaction Monitoring QC
Location: Pune
About Barclays
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.
Risk and Control Objective
Take ownership for managing risk and strengthening controls in relation to the work you do.
Working Flexibly
We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs
Hybrid Working
Structured hybrid role:
At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home. We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.
Introduction:
The QC team is responsible for operating the controls by performing evaluations of TM, PEP and High Risk customer reviews and cases which have been actioned by analysts.
QC Analysts must analyse Client Data, KYC, Transactional Analysis, Source of Wealth & Adverse Media, in order to independently assess whether the relevant Enhanced Due Diligence and Regulatory Policy requirements have been adhered to.
QC Analysts are cross skilled across multiple business units including RP&S, Business Banking, Corporate, Barclays International and Barclaycard. They must be able to accurately differentiate between the specific EDD and Policy requirements associated to each individual business unit.
- Proactively work with colleagues in all related business functions to ensure successful and high-quality delivery of core activities and key shared objectives
- To maintain high standards by checking that investigations are completed in line with Financial Crime Policies and Standards.
- Contribute to a supportive and proactive working culture by sharing knowledge and expertise with other team members and providing training to colleagues when necessary.
- Promote efficient and consistent application of processes alongside a culture of continuous improvement and sharing of best practices.
- Assist in ensuring the outcomes from quality investigations led activity are embedded in the business and with other internal partners.
What we’re looking for:
- Proven experience in an AML Financial Crime Operations and/or Quality role
- Banking and Financial Crime experience
- Good knowledge and understanding of the legislation that affects Barclays and our Clients (including the Data Protection Act, Companies Act, Insolvency Act, Financial Services Act, Money Laundering and confidentiality regulations)
- Communication skills: must interact professionally with stakeholders at face-to-face meetings or via phone/email. Capacity to articulate ideas and issues in a clear and concise language.
- Knowledge of Barclays' AML, PEPS and Sanctions Policies
- Knowledge of the roles and business activities carried out by Barclays Financial Crime as well as Barclays' other business functions with an understanding of how these relate to the AML Financial Crime Analyst role and business activities
- Prior experience with using Barclays' computer systems (such as FullServe, Mantas, Edocs, QMS and Frauds3) would also be valuable
- Have specialised knowledge of key elements of Ownership Structures – Trusts, Funds etc.
Where will you be working?
Pune
Be More at Barclays
At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Purpose, Values and Mindset
We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.
Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.
Respect
We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution.
Integrity
We operate with honesty, transparency and fairness in all we do.
Service
We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.
Excellence
We champion innovation, and use our energy, expertise and resources to make a positive difference.
Stewardship
We prize sustainability, and are passionate about leaving things better than we found them.
Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.
Empower
Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.
Challenge
Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.
Drive
Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.
