Head Financial Intelligence Unit at Barclays Africa Group Limited

Job description

Financial Crime is responsible for ensuring that the Bank manages the risks of money laundering, terrorist financing, sanctions and bribery and corruption and, in so doing, protects the Bank, its customers and its employees, as well as society at large, from the negative effects of financial crime. The Financial Crime function implements a Financial Crime Risk framework to meet the requirements of anti-money laundering, anti-terrorism, anti-bribery & corruption and economic sanctions laws and regulation.

Overview of Role:

The Head of the FIU will be responsible for all aspects of monitoring, surveillance, investigation and reporting as well as for the identification and assessment of new and emerging threats against the Bank. Also formulating the strategic direction and appropriate intelligence led activity across Africa to ensure that we have a top in class capability which enables the firm the appropriately manage financial crime and terrorist financing risk and which ensures we are compliant with all related regulatory requirements and expectations.

A key requirement of the role is to build out a robust, firm-wide capability to enable a data driven approach to managing risk and which also drives a top class analytics and intelligence capability to enhance and strengthen the firm's management of financial crime and terrorist financing.

The key accountabilities of this role would be the following:

• Leading the development of the FIU capability for BAGL through the development and implementation of a Target Operating Model;
• Designing and delivering a robust FIU capability which meets the requirements and expectations of all regulatory stakeholders;
• Leading on the development of intelligence products that are both strategic and operational in nature;
• Assessing the impact of Financial Crime threats and risks on a global scale, breaking down jurisdiction and business silo barriers – applying a risk based approach to business unit; customer; jurisdiction and product;
• Taking the outcomes from intelligence led activity and ensuring these are embedded in the business;
• Working with local regulatory authorities to develop solutions that are of relevance to the Bank;
• Working closely with analytics in the development of a data acquisition strategy and deployment of supporting toolsets;
• The development of this Analytics capability is considered critical to the future management of Financial
• Crime risk, where exploitation of traditional and non-traditional data sources is key to countering an ever evolving threat profile;

Education and Experience Required:

• Relevant B-degree in Commerce; Law Risk Management, stats or related
• A law enforcement or intelligence agency background
• Subject matter expert in Financial Crime data with a proven track record in transforming raw data into meaningful and actionable intelligence;
• Several years’ experience in utilising analytic tools for data exploration, analysis and visualisation within the Financial Services / Financial Crime industry;
• Experience in a Financial Crime Intelligence discipline and familiarity with key concepts of AML, Sanctions, and ABC risk management