Americas Sanctions Advisory AVP

Barclays•New York, NY

50d•$110,000 - $135,000

About The Position

Join Barclays as Americas Sanctions Advisory AVP at Barclays, where you’ll have the chance to serve as a key advisor in sanctions compliance by conducting thorough analysis and due diligence on sanctions alerts. In this role you will ensure timely and accurate decisions on customer accounts and payment activity in line with Barclays’ Sanctions Standards. You will ensure strict compliance with all applicable sanctions’ laws, regulations, and internal governance frameworks. In your role you will have the chance to protect the organization by preventing any transactions or accounts from violating regulatory requirements, while promoting operational excellence throughout the Americas region.

Requirements

Sanctions laws and case dispositions
Experience in processing and reviewing investigations referrals
High quality writing skills and legal analysis

Nice To Haves

Understanding of financial crime compliance frameworks, including sanctions policies and standards
Communication and stakeholder management
Analytical and problem-solving skills

Responsibilities

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.
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.
Advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness.
Collaborate closely with other functions/ business divisions.
Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function.
Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
Take ownership for managing risk and strengthening controls in relation to the work done.
Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
Communicate complex information.
Influence or convince stakeholders to achieve outcomes.