Avp - Cdd

Job Title: AVP - CDD
Location: Mumbai

About Barclays
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.

Risk and Control Objective
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.

Working Flexibly

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.

Hybrid Working

Please discuss the detail of the working pattern options for the role with the hiring manager.

Introduction:
This is an AVP role within Client Due Diligence Operations team of Wealth Operations to provide operational support to Private Bank India.

What will you be doing?
- Know Your Client, Client On-Boarding & Due Diligence from a Document Review perspective having good understanding of Local KYC, nuances of KRA and CKYC
- Overseeing the check and challenge of the governance including financial crime risk and control frameworks laid out by local and Group Compliance Service teams
- Fair knowledge of global diligence requirements including source of wealth, FATCA / CRS regulation & Client Money Asset standards
- Accountable for managing and ensuring screening of prospects, clients and counterparties against various Screening tools.
- End to End management of client Periodic and Trigger Reviews based on the Group policy requirements
- Ensure day to day tasks are performed as per the agreed SLA and in controlled manner
- requests for Client Maintenance
- review and work on Alert Management as part of continuous client screening
- dissemination of accurate Management Information.
- support Group, Internal & Regulatory Audits
- Oversee Maintenance of client data into various systems in compliance with group and local regulatory requirements
- Support accurate and timely submission of applicable regulators reports
- Work collaboratively within the definition of this role to support Business
- Support product/Business management team in setting up any new operational processes for new products.
- Recommend, Develop and Implement scalable solutions to drive process efficiencies & automation
- Proactive identification of gaps in adherence of the Group CDD procedures and local process requirements and escalating it to the appropriate Senior Management forums or key stakeholders.
- Raising ORAC for risk events and issue details identified within the CDD team and tracking them for closure
- Drive Mind-set and People agenda (Skill matrix, cross training, citizenship, Colleague engagement forum)

What we’re looking for:

- A very strong understanding on elements of Know Your client (KYC) and PMLA guidelines.
- Solid analytical skills with ability to prepare reports/resolve problems
- Operate effectively in a dynamic environment with tight deadlines, and can prioritize one’s own work to achieve them
- Proven track record in Client Due Diligence, Business Process Design and Analysis

Skills that will help you in the role:

- Graduate /post graduate in any discipline with relevant experience in the area of Diligence and AML.
- Control Environment: Including risk management
- Business Skills: Including deliver solutions and decision making
- Personal & Interpersonal Skills: Including communication & influence and collaboration

Desirable skills/Preferred Qualifications:

- Previous experience of supporting / leading on boarding teams in MNC banks
- Knowledge and understanding of operational risks, their origins and effects and the relevant, practical controls required to mitigate them.
- High standards of quality and rigour are applied to all deliverables

Where will you be working?
Mumbai

Be More at Barclays
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Purpose, Values and Mindset

We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for t