Job
Description
As a Sanctions Specialist at Barclays, you will be responsible for supporting the Sanctions function to drive the effective delivery, oversight, and risk management for sanctions alerts escalations. Your role will involve assessing and reviewing sanction risks in respect of alerts escalated to Sanctions Compliance across all business units at Barclays. This role plays a crucial part in supporting the delivery of the Financial Crime objectives. **Key Responsibilities:** - Understand the objectives of the Global Sanctions Function and the control frameworks to embed a culture of compliance with sanctions. - Review escalated cases and confirm a True Match in line with regulations/policy accurately and in a timely manner, providing feedback on instances of incorrect escalation. - Manage and provide guidance in the completion of complex sanctions investigations, ensuring correct management and appropriate escalation routes with early involvement of relevant stakeholders. - Escalate Customer Screening True Matches to the appropriate Business Aligned Sanctions Team for assessment. - Identify opportunities to enhance efficiencies in the alert management process and communicate these to the relevant team(s) for implementation. **Qualifications Required:** - Excellent understanding of OFAC, OFSI, EU, and UN sanctions laws, regulations, regulatory expectations, and industry best practices. - Sound judgment, attention to detail, and the ability to make business-critical decisions with confidence. - Self-confidence to articulate opinions in the face of contrary views if necessary. **Desirable Skillsets:** - Experience with FircoSoft and/or OWS. - Background in sanctions or financial crime. This role is based out of Pune. In addition to the specific responsibilities outlined above, you are expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, as well as the Barclays Mindset of Empower, Challenge, and Drive in your day-to-day interactions within the organization. As a Sanctions Specialist at Barclays, you will be responsible for supporting the Sanctions function to drive the effective delivery, oversight, and risk management for sanctions alerts escalations. Your role will involve assessing and reviewing sanction risks in respect of alerts escalated to Sanctions Compliance across all business units at Barclays. This role plays a crucial part in supporting the delivery of the Financial Crime objectives. **Key Responsibilities:** - Understand the objectives of the Global Sanctions Function and the control frameworks to embed a culture of compliance with sanctions. - Review escalated cases and confirm a True Match in line with regulations/policy accurately and in a timely manner, providing feedback on instances of incorrect escalation. - Manage and provide guidance in the completion of complex sanctions investigations, ensuring correct management and appropriate escalation routes with early involvement of relevant stakeholders. - Escalate Customer Screening True Matches to the appropriate Business Aligned Sanctions Team for assessment. - Identify opportunities to enhance efficiencies in the alert management process and communicate these to the relevant team(s) for implementation. **Qualifications Required:** - Excellent understanding of OFAC, OFSI, EU, and UN sanctions laws, regulations, regulatory expectations, and industry best practices. - Sound judgment, attention to detail, and the ability to make business-critical decisions with confidence. - Self-confidence to articulate opinions in the face of contrary views if necessary. **Desirable Skillsets:** - Experience with FircoSoft and/or OWS. - Background in sanctions or financial crime. This role is based out of Pune. In addition to the specific responsibilities outlined above, you are expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, as well as the Barclays Mindset of Empower, Challenge, and Drive in your day-to-day interactions within the organization.
