AML PEP ANALYST

WHIPPANY, NJ

As a Barclays AML PEP Analyst, you will be supporting various AML processes by performing enhanced due diligence (EDD) for these customers. Your accountabilities include analyzing transaction monitoring, independently conducting suspicious activity investigations and reporting, performing new account screening, conducting analysis of existing account reviews, as well as reviewing and analyzing sanctions and politically exposed persons screening, and other AML processes.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality, and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

WORKING FLEXIBLY

We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognizes 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, and your request will be reviewed subject to business needs.

We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We’re flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances 

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

WHAT WILL YOU BE DOING?

• Being responsible in new account reviews for PEPs and ongoing account reviews for customer identified as PEPs
• Obtaining, analyzing, reviewing, and verifying PEP information
• Performing research on customers’ business activity and nature of business, ownership structures, anticipated or actual volume, and types of transactions
• Identifying trends in money laundering and terrorist financing activity and report to management 
• Completing other applicable AML processes to assess risk to the bank and whether the bank should maintain certain PEP relationships in accordance with regulations and time limitations
• Understanding and making recommendations to enhance appropriate Policies & Standards applicable to the role through reading the Code of Conduct & all AML/BSA related documents
• Maintaining current BCUS compliance and other business training as allocated while making recommendations for enhancements to training for investigators based on trends identified

WHAT  WE’RE LOOKING FOR:

• Bachelor’s Degree - Preferably in Business, Accounting, Management, Finance, Criminal Justice, Fraud Prevention, or Homeland Security
• Minimum of three years of experience in Credit Cards, Risk & Control, Compliance, Bank Secrecy Act, Anti-Money Laundering and /or Lending  
• At least two years’ work experience in an AML capacity and knowledge of investigative techniques used in the investigation of financial crimes
• Results-driven with a commitment to continuous process improvement and quality

SKILLS THAT WILL HELP YOU IN THE ROLE:

• With previous OFAC monitoring responsibilities & compliance
• Demonstrated knowledge of USA PATRIOT Act monitoring responsibilities & compliance
• With prior KYC, CDD & EDD research, documentation & verification responsibilities
• Professional BSA or AML certification(s)

WHERE WILL YOU BE WORKING?

At Barclays, we are proud to be redefining the future of finance and here at Whippany we are defining the future of the workplace and the future of the way we work and live. We are creating a unique community, one of four strategic tech-enabled hubs that will redefine opportunity for everyone who works here. Whatever you do at Whippany, you’ll have every chance to build a world-class career in this world-class environment.

We’re a global, vital and highly respected financial organisation with an inspiring Purpose. Operating in 50 countries and employing around 83,000 people across the world, we help communities, individuals and businesses thrive. And we’ve created financial solutions and technology that the world now takes for granted. A career with us can offer incredible variety, depth and breadth of experience, and the chance to learn from some of the best minds in technology and finance.