Transaction Monitoring Controls VP

2 months ago

London, United Kingdom Barclays Full time

Job Title: Transaction Monitoring VP

Location: London - Hybrid (2 days in the office per week)

Contract Length - 6 Months

Hours: 35

Pay Type: PAYE


Barclays Overview

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.


We are an equal opportunity employer, and we are opposed to discrimination on any grounds.


Diversity and Inclusion

Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.


We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.


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.


Transaction Monitoring VP


Transaction Monitoring VP at Barclays plays a crucial role in safeguarding the bank against financial crime, ensuring regulatory compliance, managing risks, and leading teams responsible for monitoring suspicious financial activities. The role demands a combination of leadership, regulatory knowledge, technical expertise, and an ability to collaborate across various functions within the organization.


Key Responsibilities:

Manage the daily operations of transaction monitoring teams.

Ensure that all transactions across the bank are adequately screened for potential financial crime risks.

Supervise the handling of alerts generated by the bank’s monitoring systems, ensuring timely investigation and resolution.

Identify potential risks related to transaction monitoring and financial crime, and implement appropriate controls to mitigate them.

Continuously assess the effectiveness of the bank's transaction monitoring systems and recommend improvements where necessary.

Designing rules into a system

Understanding the rules

Analytical Data/ Coding

Senior Stakeholder Relationships

Maintaining the product - produce the outcome end - end

Optimizing rules/ tuning

Evaluate and enhance the effectiveness of transaction monitoring systems, such as automated software tools (e.g., Actimize, Fircosoft).

Drive the adoption of new technologies like artificial intelligence (AI) and machine learning to improve the accuracy and efficiency of monitoring processes.

Analyze trends and patterns in transactional data to detect emerging risks and suspicious activities.

Prepare and present reports to senior management and the Board on financial crime risks, mitigation strategies, and monitoring performance.

Develop and maintain transaction monitoring policies and procedures that align with Barclays' overall compliance framework and regulatory requirements.

Ensure that the transaction monitoring framework is aligned with industry best practices and evolving regulatory expectations.



About You - Essential Experience


Have worked in a Senior Transaction Monitoring position previously

Have used Actimize system previously

Senior Change Management experience

Senior Stakeholder management experience up to C Suite Level

Life Cycle of maintaining a Rule

A clear understanding of the steps to getting tasks approved (Governance)

3 lines of Defence (3LOD) method

Desirable -

A Finance/ Mathematics/ Business or similar Degree


Purpose and Values

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.

  • Transaction Monitoring Controls VP

    2 months ago

    London, United Kingdom Barclays Full time

    Job Title: Transaction Monitoring VP Location: London - Hybrid (2 days in the office per week) Contract Length - 6 Months Hours: 35 Pay Type: PAYE Barclays Overview 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...

  • Transaction Monitoring Controls VP

    2 months ago

    London, United Kingdom Barclays Full time

    Job Title: Transaction Monitoring VP Location: London - Hybrid (2 days in the office per week) Contract Length - 6 Months Hours: 35 Pay Type: PAYE Barclays Overview 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...

  • Transaction Monitoring Controls VP

    2 months ago

    London, United Kingdom Barclays Full time

    Job Title: Transaction Monitoring VP Location: London - Hybrid (2 days in the office per week)Contract Length - 6 Months Hours: 35 Pay Type: PAYE Barclays OverviewBarclays 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...

  • Transaction Monitoring Specialist

    1 month ago

    London, Greater London, United Kingdom Paysend Group Full time

    Role OverviewPaysend Group is seeking an experienced Transaction Monitoring Specialist to join our team. As an Enterprise Risk Analyst, you will be responsible for monitoring Enterprise Customer activity, using Paysend's transaction monitoring systems and other tools to identify, monitor, and mitigate money laundering, fraud, terrorist financing, and...

  • Transaction Monitoring Expert

    3 days ago

    London, Greater London, United Kingdom BestForexBonus Full time

    About the PositionBestForexBonus is seeking a highly skilled Transaction Monitoring Expert to join its team. As a key member of our Anti-Money Laundering (AML) department, you will play a critical role in ensuring the integrity of our financial systems.The successful candidate will have a strong background in transaction monitoring, with a focus on...

  • Compliance Monitoring

    2 months ago

    London, United Kingdom Barclays Full time

    Job Title: Transaction Monitoring VP Location: London - Hybrid (2 days in the office per week) Contract Length - 6 Months Pay Type: PAYE Barclays Overview Barclays is a British universal bank. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank,...

  • Compliance Monitoring

    2 months ago

    London, United Kingdom Barclays Full time

    Job Title: Transaction Monitoring VP Location: London - Hybrid (2 days in the office per week) Contract Length - 6 Months Pay Type: PAYE Barclays Overview Barclays is a British universal bank. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank,...

  • Transaction Monitoring Solutions Architect

    1 week ago

    London, Greater London, United Kingdom Plenitude Consulting Full time

    Senior Transaction Monitoring Manager RoleWe are seeking an experienced Senior Transaction Monitoring Manager to join our team at Plenitude Consulting. As a key member of our advisory and transformation team, you will be responsible for developing and optimising transaction monitoring solutions for our esteemed banking clients.The role involves providing...

  • VP Regulatory Compliance Monitoring

    4 weeks ago

    London, United Kingdom Profectus Recruitment Full time

    Profectus is working with a global fintech organisation looking for a VP of Compliance. This position will suit a Chief Compliance Officer, Head of Compliance, or Director of Compliance. You will be working for an impressive global company that promotes a positive work culture. This is a Hybrid role with three days in the office a week. Ensure Compliance...

  • Transaction Monitoring

    3 days ago

    London, United Kingdom Black Swan Group Full time

    One of our clients is looking for a transaction monitoring specialist to join their AML function and assist with a back log of work. Expected six month contract minimum and looking for someone to start asap, Ideally before the festivities but at worst in January.For more information please apply to ben.hudson@blackswangroup.com

  • Transaction Monitoring

    2 hours ago

    London, United Kingdom Black Swan Group Full time

    Job Description One of our clients is looking for a transaction monitoring specialist to join their AML function and assist with a back log of work. Expected six month contract minimum and looking for someone to start asap, Ideally before the festivities but at worst in January. For more information please apply to

  • Transaction Monitoring Data Analyst

    3 weeks ago

    City of London, United Kingdom CV-Library Full time

    Transaction Monitoring Data Analyst Banking AML AML Transaction Monitoring Analyst Rules and List Management Utility (Transaction Monitoring) Anti-Money Laundering, AML monitoring Systems (Actimize SAM) Trade Finance, Loans and SWIFT payments New and exclusive opportunity Transaction Monitoring Data Analyst AML Transaction Monitoring Analyst to join a...

  • Head of Transaction Monitoring

    5 months ago

    London, United Kingdom Apollo Solutions Full time

    A Leading E-Money institution is actively seeking a dynamic and highly skilled Head of AML Transaction Monitoring. With a focus on safeguarding the business from financial risks across their E-Money Services, you will be reporting to Senior Stakeholders and leading a small, talented team. **In this pivotal role, you will**: Collaborate closely with analysts...

  • VP Credit Risk Management

    1 month ago

    London, United Kingdom Citigroup Inc. Full time

    The Leveraged Finance Underwriting Team (“LFU”) within Institutional Credit Management (“ICM”) is seeking a driven and highly motivated Vice President ("VP") to join the team.The LFU team sits within the First Line of Defence.The VP, through strong partnership with Capital Markets, Banking, and Risk, will help drive a best-in-class Leveraged Lending...

  • VP Credit Risk Management

    1 month ago

    London, United Kingdom Citigroup Inc. Full time

    The Leveraged Finance Underwriting Team (“LFU”) within Institutional Credit Management (“ICM”) is seeking a driven and highly motivated Vice President ("VP") to join the team.The LFU team sits within the First Line of Defence.The VP, through strong partnership with Capital Markets, Banking, and Risk, will help drive a best-in-class Leveraged Lending...

  • VP Credit Risk Management

    1 month ago

    London, United Kingdom Citigroup Inc. Full time

    The Leveraged Finance Underwriting Team (“LFU”) within Institutional Credit Management (“ICM”) is seeking a driven and highly motivated Vice President ("VP") to join the team.The LFU team sits within the First Line of Defence.The VP, through strong partnership with Capital Markets, Banking, and Risk, will help drive a best-in-class Leveraged Lending...

  • Transaction Monitoring

    3 days ago

    London Area, United Kingdom Black Swan Group Full time

    One of our clients is looking for a transaction monitoring specialist to join their AML function and assist with a back log of work. Expected six month contract minimum and looking for someone to start asap, Ideally before the festivities but at worst in January.For more information please apply to ben.hudson@blackswangroup.com

  • Transaction Monitoring

    3 days ago

    London Area, United Kingdom Black Swan Group Full time

    One of our clients is looking for a transaction monitoring specialist to join their AML function and assist with a back log of work. Expected six month contract minimum and looking for someone to start asap, Ideally before the festivities but at worst in January.For more information please apply to ben.hudson@blackswangroup.com

  • Transaction Monitoring Advisory Lead

    4 weeks ago

    London, Greater London, United Kingdom Deutsche Bank Full time

    Job Description:Job Title Transaction Monitoring Advisory LeadLocationDeutsche Bank is seeking a highly experienced Transaction Monitoring Advisory Lead to join our team. This critical role will be responsible for maintaining Transaction Monitoring (TM) arrangement adherence to Law, Regulations, and Guidance (LRG) through the LRG traceability matrix.Your Key...

  • VP Credit Risk Management

    3 weeks ago

    London, United Kingdom Citigroup Inc. Full time

    The Leveraged Finance Underwriting Team (“LFU”) within Institutional Credit Management (“ICM”) is seeking a driven and highly motivated Vice President ("VP") to join the team. The LFU team sits within the First Line of Defence. The VP, through strong partnership with Capital Markets, Banking, and Risk, will help drive a best-in-class Leveraged...