Role Title: Americas Head of Sanctions

Location: Washington / New York/ Whippany

About Compliance

The purpose of Compliance is to build confidence for today and tomorrow. Compliance participates in the prevention, detection and management of breaches of applicable laws, rules, regulations and procedures. Compliance has a key role in helping the firm to achieve the right outcomes and maintain a conduct-focused culture. In order to achieve this Compliance is focused on: delivering expert advice to protect the integrity of the financial system; challenging and collaborating with the business; and innovating our ways of working and thinking to deliver an effective risk management service to Barclays. 

About Sanctions Advisory, Americas

Barclays is committed to conducting its activities in compliance with all economic sanctions.  We are committed to comply with economic sanctions and, consistent with our Values, Purpose and Mindset, we are committed to acting with integrity in all our business dealings wherever we operate. 

Barclays has developed a robust, global sanctions compliance control framework to manage the legal, regulatory and reputational risks associated with economic sanctions.   

What will you be doing 

The role-holder will primarily support the overall management of sanctions risk for the aligned Business by providing guidance and input to the Business and ensuring internal standards and risk appetite are met.  The role-holder will need to effectively manage a number of stakeholders at varying levels to achieve this.  

The role-holder will report to the Americas Head of Sanctions & ABC and be part of the wider ABC and Sanctions team within the Americas region. On a day-to-day basis, the role-holder will be involved in the following tasks and responsibilities:  

• Provide timely and balanced advice on U.S., U.K., U.N., and E.U. sanctions requirements and Barclays Financial Crime Policy and associated Sanctions Standards to the Business.  Maintains up-to-date knowledge of the law and practice of those jurisdictions’ sanctions regimes, as well as financial industry implementation practices.
• Take a leading role in U.S. regulatory requirements pertaining to OFAC compliance, including U.S. examinations.
• Support OFAC-related filings, including voluntary self-disclosures, as well as blocks and rejects.
• Maintains a detailed knowledge and understanding of the sanctions control framework and drives effective oversight over it by a variety of means including, review of management information and attendance at Business-aligned Financial Crime Reporting Forum.  
• Manage and support sanctions-related audit and assurance reviews and drive timely remediation of issues.
• Take a leading role in global sanctions projects, including investigations and enhancements to systems/processes and procedures.
• Review and maintain training and awareness programs for stakeholders.
• Ensuring reliable, accurate and timely production of sanctions -related management information and key risk indicators for the region.

What we’re looking for  •    Incisive analytical ability to identify, resolve, and minimize Sanctions risk issues. •    Effective interpersonal skills.  Excellent communicator, written and oral – clear and calm, gravitas.  •    Ability to develop networks across the organisation and develop strong relationships with key stakeholders, as well as influence and maintain credibility with stakeholders.    •    Strong negotiation skills. •    High degree of business competence with general, innovative, and commercial awareness, and ability to contribute proactively to group objectives. •    High level of resourcefulness. •    Ability to take ownership of matters and be accountable for high quality output.   

Skills that will help you in your role 

• 10+ years’ experience working with OFAC, HMT, EU, UN, and other jurisdictional sanctions laws, regulators, regulatory expectations and industry best practices.
• 3+ years working at a large complex institution with global sanctions policies, law firm, or U.S. government agency.  
• 3+ years’ experience in designing and implementing financial crime policies and procedures.  
• 2+ years demonstrating strong leadership and operational management skills.
• Prior experience working in the financial industry, which provided exposure to banking and securities operations, so that the individual can contribute to and support business decision-making. 
• Prior experience conducting and managing risk assessments.
• Sound understanding of sanctions screening and program oversight.
• Experience of working within a highly regulated environment along with a good grasp of the current environment and key issue within financial services.
• A proven track record in implementing global sanctions policies and procedures. 
• Strong advisory skills with the ability to consistently make sound decisions through a combination of analysis, business acumen, and judgment.
• Excellent written and spoken communications skills.
• Good understanding of the dynamics of large, complex organizations and matrix working.
• Prior experience working at a large complex institution with a global sanctions program.
• Prior work experience with exposure to banking and securities operations, so that the individual can contribute to and support business decision-making. 
• Experience working within a highly regulated environment along with a good grasp of the current environment and key issue within financial services.
• Strong advisory skills with the ability to consistently make sound decisions through a combination of analysis, business acumen, and judgment.
• Understanding of the requirements of risk management in a financial institution.
• Previous experience as a regulator or experience representing the financial services industry in other contexts, e.g., law firm.

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.