Barclays - Wilmington, DE
posted 20 days ago
Full-time - Senior
Wilmington, DE
Credit Intermediation and Related Activities
About the position
The Director of Financial Crime Oversight is responsible for designing and executing the risk management framework to identify and assess compliance risks associated with the bank's activities, products, and services. This role involves ensuring that Barclays Bank Delaware effectively manages its financial crime risks, including money laundering, terrorist financing, sanctions, and bribery and corruption, in alignment with regulatory requirements and internal policies. The position requires collaboration with various stakeholders to maintain compliance and mitigate risks while fostering a culture of adherence to regulations and best practices.
Responsibilities
- Identify changes to risk exposure through assessment of business activities, client base, products, and regulations.
- Implement ongoing monitoring and review of risk assessments to ensure relevance and effectiveness.
- Develop and implement a framework for identifying residual risks requiring mitigation strategies.
- Analyze likelihood and severity of identified risks to determine overall impact on the organization.
- Utilize governance risk and control technology and data analytics to identify compliance risk patterns.
- Collaborate with business and compliance functions to maintain a risk assessment framework.
Requirements
- Strong understanding of financial crime compliance and risk management in financial services.
- 10+ years of experience leading teams responsible for compliance with regulations in customer-facing environments.
- 10+ years of experience in regulatory change and continuous improvement within a control environment.
- Significant experience working with senior stakeholders and making risk-based decisions.
- Strong interpersonal skills with the ability to influence in a matrixed organization.
Benefits
- Health insurance
- 401k
- Paid holidays
- Professional development programs
