Financial Crime MLRO and Advisory Manager

Paris, France

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Date live: Oct. 11, 2022

Business Area: COO & Functions

Area of Expertise: Compliance

Reference Code: 90281938

Contract: Permanent/Regular

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About Financial Crime Compliance

Barclays Financial Crime is part of the Compliance division and undertakes the lead role in assessing and understanding the implications of new and emerging legal/regulatory requirements relating to Anti Money Laundering (AML), Anti-Bribery and Anti-Corruption (ABC) and Sanctions.

We define Barclays level standards and controls in order to manage risk in these areas. We aim to demonstrate that Barclays has the necessary controls & systems in place to comply with all legal & regulatory requirements in every jurisdiction in which we operate. We provide technical support to all business areas concerning the governance of these controls.

Our aim is to work with the business in areas of our responsibility and expertise to enable Barclays to achieve its strategic goals through a strong culture of compliance that identifies, mitigates and manages risk. All-in-all our goal is to be the most effective Financial Crime function in the industry.

Overall purpose of role

The Financial Crime MLRO for Barclays Bank PLC (Paris) is accountable for the following in respect of BB PLC Paris (this activity will form circa 20% of the role after the initial set up phase):

Provide oversight of compliance with Barclays AML, ABC and Sanctions Policies, related standards and local Financial Crime laws and regulations across first and second lines of defence (1LOD and 2LOD).
Provide advice and guidance across 1LOD and 2LOD to support mitigating Financial Crime risks.
Report / escalate to relevant stakeholders BI France related Financial Crime issues and provide MI as appropriate.

The Financial Crime MLRO for Barclays Bank PLC (Paris) is additionally part of the Barclays Bank Ireland PLC (BBI PLC) Financial Crime Team and will be engaged in the following (this will form circa 80% of the role):

Be a trusted and valued partner to business line colleagues providing consistent, informed, expert advice and guidance on financial crime, specifically in respect of prospective and existing payment clearing clients (Correspondent Banks and MSB’s).
Represent the BBI FC team at Correspondent Banking and MSB Risk Fora to ensure effective level of advice and appropriate challenge is provided.
Review and provide feedback on AML policies and Standards along with other key documentation in relating to payment clearing ensure an effective set of end to end processes.

Key Accountabilities

Perform a risk assessment of the activity of the BB PLC French branch and implement the appropriate controls to mitigate the risk.
Oversee the BBPLC activities in France to ensure compliance with applicable Barclays’ Financial Crime standards and related local laws and regulations, identifying non-compliant activities and monitoring mitigating actions.
Report / escalate to relevant stakeholders BI France related Financial Crime issues and provide MI as appropriate.
Act as the point of contact to the French regulator Autorité de Contrôle Prudentiel et de Résolution (ACPR) on Financial Crime subjects.
Act as a reporting officer and correspondent to French FIU TRACFIN and answer official requests.
Investigate suspicious activities and report them to the French FIU in compliance with France law.
Prepare annual regulatory reports on the Financial Crime framework.
Monitor regulatory changes in France impacting Barclays’ Financial Crime processes and procedures, update the France Financial Crime policies and procedures accordingly and escalate as appropriate.
Update France training materials as necessary (e.g. change of organisation, of regulation) and deliver face-to-face training to all BI France new joiners, as well as adhoc training to existing staff of the Paris office, on Financial Crime related matters.
Provide subject matter expertise, advice and guidance to the Barclays Bank PLC business and other key stakeholders, including senior management in relation to the escalation of Financial Crime related queries and issues.

Stakeholder Management and Leadership

Support the Global Head of Financial Crime Corporate to ensure appropriate management of risk and controls in relation to payment clearing activity.
Work closely with the BBI Head of Financial Crime, BBI France MLRO and the Financial Crime teams, in France, centrally and in Western Europe.
Cooperation with local stakeholders to advise on the development and maintenance of an effective Financial Crime framework.
Interact with peers in France via the French banking associations.

Decision-making and Problem Solving

Have the ability to work collegiately with both business colleagues and Financial Crime teams, taking an innovative approach to problem solving and a desire to be part of a global team building the best Financial Crime systems and controls in the Industry.
Ability to apply judgment to complex analysis to draw out key elements of advice.
Act as a trusted advisor to business teams, other control functions and other infrastructure areas.

Risk and Control Objective

All Barclays’ colleagues have to 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.

Person Specification

Fluent in English and French
Proficiency in German language preferable but not essential.
Proven technical expertise in the field of Financial Crime – including domestic and international laws, regulations, and best practice regarding Financial Crime (5-7 years’ experience),
Proven technical expertise in understanding, assessing and mitigating the Financial Crime risks,
Experience of working within a highly regulated environment along with a sound understanding of the current environment and key issue within financial services,
Numerate and financially literate; able to understand and contribute to the business discussions,
Skilful co-ordination in working across a wide range of stakeholders both within and beyond the function,
Creative and forward thinking, striving to improve and find solutions through effective innovation and project management,
Excellent written communications skills,
Highly organised and structured.

Role Profile Attestation

The content of this role profile is relevant for the role in question.

Name of reviewer: Richard Ahern

Role of reviewer:Head of Financial Crime BB PLC Corporate

Date of review: March 2021

Purpose and Values

Barclays has a single cross-business Purpose for Barclays and five core Values which underpin it.

Our Purpose is helping people achieve their ambitions in the right way. Put simply this is the answer to the question ‘What is Barclays for?’ and it should guide our every action as employees.

Respect

We respect and value those we work with, and the contribution that they make.

Integrity

We act fairly, ethically and openly in all we do.

Service

We put our clients and customers at the centre of what we do.

Excellence

We use our energy, skills and resources to deliver the best, sustainable results.

Stewardship

We are passionate about leaving things better than we found them.

More about working at Barclays

Our approach to hybrid working ensures there’s the right balance of working alongside colleagues at our onsite locations, as required for each role. For business areas that offer a hybrid working experience, this will be in a structured way, where colleagues work at an onsite location on fixed, ‘anchor’, days of the week. Some roles may require full onsite working. Please discuss the working pattern requirements for the role you are applying for with the hiring manager.

We continue to embed and review our hybrid working environment and remain in a phase of testing and learning. This means that working arrangements could change, with reasonable notice, to align with the needs of our business.

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 an inclusive culture and environment, that 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.

Our approach to working flexibly is designed to support you to balance your life and to accommodate diverse needs, whilst still allowing us to meet our business needs. If you’d like to request a flexible working arrangement, please discuss this with your 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.

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.

The Barclays Way

This is the spirit of Barclays. It’s why we exist, what we believe and how we behave. But most importantly, it’s how we make decisions, take action and get things done.

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