Job Description

Job Title : Global Transaction Monitoring (GS) - AVP Location : Pune About Barclays 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. Risk and Control Objective 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. 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. Hybrid Working BUK & BX - All locations We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We\'re flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances These requests will be reviewed and agreed for a period of time i.e., will have a start and end date. Please discuss the detail of the working pattern options for the role with the hiring manager. Introduction: 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 . Detailed model analysis within the TM area - conducting analysis of different TM systems currently deployed globally. In addition, there is a requirement to collaborate with various stakeholders (within Model Validation teams and outside) and answer queries related to model risk, underlying customer/transaction data and various parts of the model lifecycle. . Working with Global Surveillance colleagues to support the development, implementation and optimisation of automated Surveillance & TM automated solutions and capabilities . Collaborating with Global Surveillance leads, key Business, Operational, Technology and Financial Crime stakeholders to understand key priorities for the bank and identify enhancement opportunities What will you be doing The role holder will: . Support the development of the Model Risk Methodology (MRM) framework to ensure that it fulfils the requirements of the Internal Model Validation team and the wider Transaction Monitoring function, including o Ensuring that all steps and assumptions made in model development are documented, can be replicated, and are assessed from a risk standpoint. o Asserting that findings in model documentation are stated accurately, particularly in instances where statistics / data science techniques are used in model methodology. o Supporting the development, validation and onboarding of new models, while incorporating essential requirements of the TM function. o Building knowledge on TM platforms by working with internal SMEs, to support with periodic model approvals. . Work with colleagues to support the development, implementation and optimisation of Global Surveillance solutions and capabilities, including o Supporting regular review & optimisation of Surveillance & TM solutions, maximising effectiveness and efficiency, and ensuring a risk-based approach is taken o Developing and operationalising bespoke monitoring and oversight solutions within our Financial Crime data sources, including rules, models, typologies, profiles and dashboards. o Ensuring Surveillance & TM solutions are rigorously built and embedded into routine processes, enabling proactive identification of money laundering and financial crime risks. o Develop new / innovative methods to visualise effectiveness of Surveillance & TM solutions . Collaborate with Global Surveillance leads and key Business, Operational, Technology and Financial Crime stakeholders to understand key priorities for the bank and identify opportunities to enhance existing data/infrastructure/capabilities/processes, to maximise effectiveness and efficiency. . Support innovation within in the field of Surveillance & TM, and data analytics, taking inspiration from pioneering teams within Barclays, leading peer institutions, or from different fields altogether, to enhance Surveillance & TM capabilities within Barclays. What we\'re looking for: Candidates for this role are likely to have operated within the Compliance (or other risk and control) function of a major international firm. They will respond well to pressure and be adaptable to changing circumstances they will be comfortable in operating independently within a matrix environment. Skills that will help you in the role: . Be able to challenge others and be open to challenge, particularly in the area of testing assumptions within models. . Manage competing priorities and demands to achieve stretch goals and deliver results. . Ability to solve problems logically and/or creatively, demonstrating professional judgment, quality control and adherence to high standards. . Capability to concisely communicate technical ideas and concepts to a range of audiences in a variety of circumstances . Understand statistical models - their strengths and weaknesses, as well as performing and documenting testing approaches. . Experience in development of data visualisations/dashboards preferably Tableau or similar (such as Qlikview, PowerBI) . Hands on experience of common Data Science tools, libraries and languages (SQL , Python, R, Scala, Spark) . Degree in Computer Science, Data Science, Maths, Statistics, Physics or similar appropriate Degree . Prior experience in model validation teams or in developing a framework for analysing financial models. . Proven experience in building statistical models and/or data science / data engineering. . An appreciation of Financial Crime, Market Surveillance, AML and transaction monitoring/detection and the systems/processes, including an understanding of AML and terrorist financing trends and typologies . Exposure to common Transaction Monitoring systems (Actimize SAM, Oracle Mantas, Fortent etc ) Where will you be working Pune Be More at Barclays At Barclays, each day is about being more - as a professional, and as a person. \'Be More @ Barclays\' represents our core promise to all current and future employees. It\'s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are. Interested and want to know more about Barclays Visit home.barclays/who-we-are/ for more details. Purpose, Values and Mindset 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. Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do our Mindset is to Empower, Challenge and Drive. Empower Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure. Challenge Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints. Drive Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.

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