Senior Transaction Monitoring Control Owner

You will lead the FC Transactional Monitoring optimisation and strategy for Barclays UK (BUK) and Barclays International (BI). Your role includes providing SME guidance, developing a team, and enhancing Surveillance TM systems. You will collaborate with Financial Crime, Business, Operational, and Technology stakeholders to develop and optimise automated Surveillance TM solutions, ensuring they are effective and efficient.

You will identify risk management enhancement opportunities, support strategic investment projects, and develop bespoke monitoring solutions. Your focus will be on innovation and data analytics, ensuring Surveillance TM capabilities are robust and identifying financial crime risks. You will also design the Surveillance TM data environment, ensuring relevant data is sourced, integrated, and leveraged effectively.

Additionally, you will support the regular review and optimisation of Surveillance TM solutions, acting as the ‘voice of the customer’ to ensure high standards. You will build and maintain feedback loops from key business areas, incorporating their requirements into developing and optimising solutions. Your leadership will drive innovation within Surveillance TM, drawing inspiration from pioneering teams within Barclays and leading institutions.

To be successful as a Transaction Monitoring Control Owner, you should have experience with:

• Proven SME expertise in implementing, optimising, and tuning TM systems or similar financial crime controls.
• Experience in a regulated business environment with governance, control, and risk management exposure, ensuring adherence to action and escalation procedures.
• Excellent verbal and written communication skills, with a considerable record of building relationships and engaging with technical and non-technical stakeholders across functions.
• Experience leading a team of risk management-minded SMEs with technical ability, motivating, coaching, and developing team members.
• Considerable organizational skills to execute plans, manage competing priorities, and achieve goals.
• Ability to solve problems logically and creatively, demonstrating professional judgment, quality control, and high standards.
• Creative and forward-thinking, striving to innovate and improve solutions and capabilities.
• Confidence to contribute and make business-critical decisions.
• Appreciation of the power of analytics to enhance TM systems processes.
• Understanding of data management and model validation principles and controls.

Some other highly valued skills may include:

• Experience using analytical tools for data exploration, analysis, and visualization.
• Expert coding ability in SQL, Scala, Spark, Python, etc.
• Experience developing data visualizations/dashboards, preferably with Tableau.
• In-depth understanding of financial institution data (e.g., customer/account, transactional, payment), systems, and flows.
• Appreciation of financial crime, market surveillance, AML, and transaction monitoring/detection systems and processes, including AML and terrorist financing trends and typologies.
• Knowledge of the UK and global financial crime regulatory framework.

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.

Purpose of the role

The candidate will have a key role in contributing and delivering the FC Transactional Monitoring optimisation and strategy for all in-scope Barclays UK (BUK) and Barclays International (BI) business and jurisdiction locations.

• Champion the Surveillance TM Program by providing SME specialist guidance and analytical support
• Lead, support, and develop a team, augmenting individual capabilities to enhance all in-scope Surveillance TM systems and ensure they are effectively delivered, managed, and optimised

The role will focus predominantly on the development and optimisation of Surveillance TM solutions for in-scope Barclays UK (BUK) and Barclays International (BI) businesses/locations, including:

• Working with Financial Crime colleagues to support the development, implementation, and optimisation of automated Surveillance TM solutions.
• Collaborating with key Business, Operational, Technology, and Financial Crime stakeholders across the lines of defence to understand key priorities for the bank and identify risk management enhancement opportunities.
• Leading on innovation within the field of Surveillance TM Optimisation opportunities within BAU as well as transformation activities.

Accountabilities

• Development and implementation of validation plans for new and existing models.
• Preparation of model documentation that clearly explains the model's methodology, assumptions, limitations, and risks.
• Development and implementation of ongoing monitoring frameworks to ensure continued model accuracy and effectiveness, ensuring appropriate controls and governance in place.
• Analysis and assessment of the model's accuracy, performance, and compliance with regulatory requirements.
• Performing back testing and stress testing to assess model robustness under different conditions.

Vice President Expectations

• Advise key stakeholders, including functional leadership teams and senior management on functional and cross-functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business-aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem-solving processes.
• Seek out, build, and maintain trusting relationships and partnerships with internal and external stakeholders to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

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.