Transaction Monitoring UK and International Corporate Quality Assurance Analyst – BA4

Job Description

Purpose of the role

To determine, negotiate and agree internal quality procedures, service standards and specification to improve performance and quality directing objectives. 

Accountabilities

• Identification of industry trends and developments to implement best practice in quality assurance Services.
• Collaboration with teams across the bank to align and integrate quality assurance processes.
• Development and governance of internal quality assurance procedures, standards and specifications, and act as a catalyst for change, mitigate risks and maintain efficient operations.
• Development of reports and presentations on quality assurance performance and communicate findings to internal senior stakeholders.
• Identification of areas for improvement and providing recommendations for change in quality assurance processes and provide feedback and coaching for colleagues on these highlighted areas.
• Execution of service quality assessments to monitor the quality objectives set by the bank, and ensure they comply with regulatory requirements.
• Participation in projects and initiatives to improve quality assurance efficiency and effectiveness.
• Determination of risk based on outcome of QA reviews, flagging risks that are outside of tolerance.

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Join us as a Transaction Monitoring UK and International Corporate Quality Assurance Analyst at BA4 level, where you will review UK and International Corporate investigations to assess whether financial crime risks have been appropriately identified, investigated, evidenced and concluded. Following training and accreditation, you will apply the Quality Assurance methodology, relevant policies, standards and procedures to complete accurate, evidence-based reviews, clearly record findings and support the timely remediation of identified issues. You will work with experienced Quality Assurance colleagues and subject matter experts to build your technical capability, contribute to consistent quality outcomes and support continuous improvement across the Transaction Monitoring Quality Assurance framework.

To be successful as a Transaction Monitoring UK and International Corporate Quality Assurance Analyst, you must have the following essential skills:

• Experience in Transaction Monitoring investigations, quality assurance, quality control or a related financial crime role, with exposure to UK and International Corporate or other complex commercial customer activity.
• Good working knowledge of money laundering, terrorist financing and sanctions risks, with an understanding of relevant UK and International Corporate risks such as complex or opaque ownership and beneficial ownership structures, trade-based money laundering, round-tripping of funds, use of shell or shelf companies, and exposure to high-risk jurisdictions.
• The ability to review investigations against defined policies, standards, procedures and Quality Assurance guidance, identify gaps in evidence or rationale, and record clear, accurate and proportionate findings.
• Sound analytical and decision-making skills, with the ability to assess transactional activity, recognise relevant red flags and escalate complex or uncertain matters through the appropriate channels.
• Clear written and verbal communication skills, with the confidence to provide constructive feedback and work collaboratively with colleagues and operational stakeholders.

Some other highly valued skills may include:

• Experience using case management, screening, transaction monitoring or workflow systems within a financial crime environment.
• An understanding of Quality Assurance sampling, checklists, error classification, remediation and appeal processes.
• Experience maintaining accurate trackers or records and contributing to management information, trend identification or root-cause analysis.
• A commitment to completing role-specific training, achieving and maintaining accreditation, responding positively to coaching and continuously developing UK and International Corporate expertise.
• A financial crime qualification, such as ICA or ACAMS, or a willingness to work towards a relevant qualification.

You may be assessed on key critical skills relevant for success in the role, such as risk and controls, analytical thinking, judgement and decision-making, communication, teamwork, adaptability and digital and technology, as well as job-specific technical skills.

This role will be based in Glasgow.