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Head of Sanctions, Private Bank and Wealth Management

London, United Kingdom

Date live: Jun. 27, 2024

Business Area: COO & Functions

Area of Expertise: Compliance

Reference Code: 90391325

Contract: Permanent

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Head of Sanctions, Private Bank and Wealth Management
London

As a Barclays Head of Sanctions, Private Bank and Wealth Management, you will lead a team providing subject matter expertise. You will support the aligned business providing guidance and input into the design, effectiveness of the framework, analyse and advise on complex business initiatives, whilst building solid partnerships to support first line of defence operational areas ensuring compliance with Sanctions Standard. You will monitor and managing controls associated with sanctions and promote a culture of risk control across the business.

Barclays is one of the world's largest and most respected financial institutions, established in 1690, with a legacy of success, quality, and innovation. We offer careers that provide endless opportunity – helping millions of individuals and businesses thrive and creating financial and digital solutions that the world now takes for granted.

At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home. We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.

What will you be doing?
• Providing accurate, timely and balanced advice on U.S., U.K., U.N., and E.U. sanctions, the Sanctions Standard and Restricted Activity Matrix to stakeholders
• Maintaining a detailed knowledge and understanding of the sanctions control framework and driving effective oversight over it by a variety of means
• Supporting and leading as delegate for the Director, Global CIB Sanctions Oversight across function-wide initiatives, as necessary
• Leading SLOD Sanctions involvement in strategic initiatives (e.g. programmes of business-wide control enhancements), where applicable
• Maintaining up-to-date knowledge of the law and practice of all US, UK, EU, and UN sanctions regimes, as well as financial industry implementation practices
• Building trusted relationships with the business and relevant Compliance teams

What we’re looking for:
• Excellent working knowledge of OFAC, HMT, EU, UN and other jurisdictional sanctions laws, regulators, regulatory expectations and industry best practice

• Experience recently working at a financial institution within a sanctions advisory role and experience with demonstrating excellent leadership and operational management skills
• Solid grasp of the Private Bank and Wealth Management business and product set
• Subject Matter Expert with respect to Sanctions Standard, and demonstrable understanding of controls operated within businesses to comply with its requirements

Skills that will help you in the role:
• Experience leading a team within a highly regulated environment, with a sound understanding of the current environment and key issues within financial services
• Sound understanding of sanctions screening and programme oversight
• A proven track record in co-ordinating business-wide assessment of sanctions risk and related controls effectiveness
• Exceptional advisory skills with the ability to consistently make sound decisions through a combination of analysis, business acumen, and judgment

Where will you be working?
In the heart of Canary Wharf, our headquarters at Churchill Place boasts onsite amenities such as: a gym, staff restaurant and deli bar, and it is easily accessible by tube and bus links. With a population of around 5000 staff the atmosphere is second to none with a real buzz being created around the offices within.

#LI-Hybrid

More about working at Barclays

Barclays offices across the UK are designed to be places where our people can come together to do their best work, surrounded by excellent facilities for both work and leisure. These are warm, diverse, supportive communities in some of the UK’s best locations, where everyone can thrive.

Barclays welcomes applications from all candidates and is committed to ensuring reasonable adjustments (accommodations) are put in place to allow for a fair and inclusive recruitment process. For more information and how to request one, please review Adjustments to the recruitment process.

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.

We're committed to providing a supportive and simplified experience for our candidates throughout the application and assessment process. Here, you will find information about what to expect and some guidance around your assessment and interview.

While the application process depends on the role, there are some constant steps, which are;

Step 1 - Your application
Step 2 - Your assessment
Step 3 - Your interview
Step 4 - Next steps

We aim to create an inclusive work environment where everyone can reach their full potential. If you require any adjustments to our recruitment process, please click here to learn more.

Find out more information here.

Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.
We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

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