AML Analyst

Overall purpose of role:

• The job holder will be responsible for ensuring :
• Compliance with policies, procedures and regulations for Correspondent Banking and Corporate Banking line of business in relation to AML surveillance
• The Bank meets its statutory obligations for reporting suspicious activity
• Compliance with the Barclays stated valued: Respect, Integrity, Service, Excellence, and Stewardship
• This will involve investigation of suspicious activity from alerts generated by surveillance systems and manual cases with SAR reporting as appropriate. This includes the ownership of the investigative cases from assignment to closure

Key Accountabilities and Skills required:

• Conduct initial analysis and assessment of alerts generated from Mantas using internal/external research tools
• Accurately document rationale for case closure or escalation as appropriate within 90 days.
• Take ownership of individual cases using appropriate case management tools and techniques to progress in order to meet timescales for alert investigation processing
• Carry out varying levels of research/investigation, depending on the complexity of each alert/case
• Determine if additional field enquiries are required and escalate as appropriate for non/low quality responses
• Communicate across Barclays jurisdictions to gather additional data as required
• Provide recommendations for SAR filing by presenting documentation to support findings
• Preparation of quality SAR narrative for presentation at SAR review meetings
• Escalate tardy/non-responses for DFI/RFIs to the Team Leader
• Perform additions to the CML and other watch lists as required
• Maintain at least 94% proficiency on Level 2 reviews
• Proactively contribute to team performance and share best practice across team
• Actively participate and contribute in team meetings
• Handle administrative tasks as required
• Volunteer and manage/participate in special projects or reviews
• Perform misc. projects and tasks as requested by Teams Leaders/Management
• Assist in the support of the Financial Intelligence Unit when required

Risk and Control: All Barclays colleagues have to ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.

Your Skills and Qualifications will include

• Basic Qualifications
• 3 years experience in Compliance, AML, Risk, Operations or Control

• Preferred Qualifications
• Knowledge of Correspondent Banking
• Experience of the Mantas surveillance system
• CAMS
• Strong verbal and written communication skills
• Analysis and Judgement
• Quality Control and High Standards
• AML Compliance
• KYC Principles
• Bank operations -SWIFT, CHIPS, Reconciliation etc.
• Research and/or Investigations-Fraud, AML, or Risk
• Correspondent Banking Account Services
• Proven track record of meeting processing targets
• Ability to draw logical conclusions
• Proficient in using internet search tools
• Concise and accurate case management recording
• Advanced /swift PC skills
• Competent user of Microsoft office applications

Job Type: Contract

Experience:

• composing SAR (suspicious activity reports): 2 years
• Compliance, AML: 3 years
• AML: 2 years
• banking: 2 years