Customer Due Diligence Analyst Glasgow, Scotland
Job description
Customer Due Diligence Analyst
Glasgow
As a Barclays Customer Due Diligence Analyst, you will be working within the CDD Operations of PBWM Operations which supports the Private Bank and Wealth Management business. You will be accountable for conducting CDD and tax review of Clients to ensure they meet business specific standards, policy, and regulatory requirements. Your other activities include, Technical Sign Off of reviews, liaising with the Business & Risk (including Financial Crime) Stakeholders and quality assurance tasks.
Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality, and innovation behind us. We offer careers that provide endless opportunity – helping millions of individuals and businesses thrive and creating financial and digital solutions that the world now takes for granted.
At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home. We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.
What will you be doing?
- Validating if Wealth Managers and Private Bankers have collated all required documentation and where relevant supporting evidence prior to review completion
- Analysing corporate /company structures to identify appropriate relevant parties have been identified and perform Screening (e.g. immigration checks, adverse media)
- Ensuring Wealth Manager /Private Banker has identified all risk factors and captured accurately within the Clients file
- Utilising internal Bank and approved public sources to collate /validate information provided to ensure timely completion of reviews
- Articulating policy and procedural clarifications and rejections back to the business when deficits within the Client file has been identified
- Providing timely management information and root cause analysis to stakeholders
What we’re looking for:
- Have the ability to become, a subject matter expert in business specific CDD standards, Global AML policy and regulatory requirements
- To have, or be able to evidence the ability to develop, a significant knowledge of Financial Crime regulations and policies (AML, Sanctions, and Anti-Bribery and Corruption)
- Good knowledge of operational risk requirements and standards applicable to the relevant processes and procedures
- Good attention to detail and ability to make informed decisions with ability to articulate rationale
Skills that will help you in the role
- Broad knowledge of Financial Services and Regulations
- Previous experience of working within Wealth & Investments and/or Private Bank and understand the proposition
Where will you be working?
Our new state-of-the-art Campus, right in the heart of Glasgow is a hub of creative collaboration. A place where everyone can bring their true selves to work and reach their full potential. Home to 5,000 of our colleagues, our Tradeston campus will support the community in more ways than one - by creating thousands of new career opportunities and celebrating local artists. A short walk from Central Station on the south of the Clyde, it will be a key location for the Barclays business that will deepen our ties with the city and its communities.
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