Sanctions Advisory VP

Join us as a Senior Sanctions Manager at Barclays within our Sanctions Advisory Team in London. Aligned to the Investment bank, this team consists of policy and subject matter experts who are dedicated to partnering with the business and delivering expert second line guidance to ensure mutual confidence in the management of their sanctions risk.

As a Senior Sanctions Manager, you will assist the Head of Sanctions for the Investment Bank Advisory Team in supporting the Corporate business by; providing guidance and input into the design and effectiveness of the framework adopted for management of sanctions risk; analysing and advising on critical or technically complex business initiatives; building strong partnerships with key business stakeholders; supporting first line of defence operational areas in ensuring compliance with Sanctions Standard, monitoring (and managing where appropriate) controls associated with sanctions and promoting a culture of risk control across the business and Financial Crime.

To be successful in this role you should have;

Excellent working knowledge of OFAC, HMT, EU, UN and other jurisdictional sanctions laws, regulators, regulatory expectations and industry best practice,

Experience recently working at a financial institution within a sanctions advisory role, including demonstrable understanding of controls operated within businesses to comply with sanctions obligations.

Excellent written and verbal communication skills.

Some other highly valued skills may include :

A background or experience in Sanctions and Export Controls as applied to Trade Finance

Experience working with a Investment Bank products and services

A qualification related to compliance such as ICA or ACAMS

You may be assessed on 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.

Purpose of the role

To identify and conduct the appropriate analysis and due diligence on Sanctions alerts to ensure the appropriate action is taken against customers and payment activity as defined by the Sanctions Standards and Restricted Activity Matrix, ensuring that the organisation adheres to all applicable sanction’s laws and regulations and internal governance, such that client accounts are not held and transactions are not processed in breach of application laws and regulations.

Accountabilities

• Understanding the objectives of the Global Sanctions Function and the control frameworks and embed a culture of compliance with sanctions.
• Revision of escalated cases and confirm a True Match in line with regulations / policy accurately and in a timely manner, feeding back on instances of incorrect escalation.
• Management and provision of guidance in the completion of complex sanctions investigations, ensuring that matters are correctly managed and follow appropriate escalation routes, while involving the relevant stakeholders early and fully.
• Due diligence on Payment Screening alerts to determine the appropriate treatment and next steps for the payment in line with documented procedures following the defined governance process and approvals as required.
• Escalation of Customer Screening True Matches to appropriate Business Aligned Sanctions Team for assessment.
• Identification of opportunities to drive efficiencies in the alert management process and feed these back to the appropriate team(s) to implement.

Vice President Expectations

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.

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