Barclays Hiring TM Analyst - BUK in Chennai | Apply Online

Job Description

Purpose of the Role

The role supports Transaction Monitoring by investigating customer activities and reporting suspicious transactions to the NCA when required. The position focuses on identifying potential risks, ensuring compliance with AML regulations, and protecting the bank and its clients.

Accountabilities

• Assist with daily transaction monitoring activities including reviewing, investigating, and reporting using AML knowledge.
• Perform monitoring checks on customers, transactions, and related activities to detect potential risks and maintain regulatory compliance.
• Manage issues and alerts generated from transaction monitoring tests, including investigation and resolution of incidents.
• Work with teams across the bank to align and integrate monitoring processes.
• Identify opportunities for improvement and recommend enhancements to monitoring processes.
• Support the development and implementation of transaction monitoring procedures and controls to reduce risk and improve operational efficiency.
• Track industry trends and developments to support best practices in transaction monitoring services.
• Participate in projects and initiatives aimed at improving the efficiency and effectiveness of monitoring activities.

Analyst Expectations

• Complete assigned activities on time while maintaining high quality standards and contributing to continuous improvement.
• Maintain strong knowledge and understanding of the concepts and technical aspects of the assigned work area.
• Guide team members when required, support professional development, allocate tasks, and coordinate resources.
• Develop technical expertise within the function and act as a subject matter advisor where appropriate.
• Collaborate with other teams and business units to support shared objectives.
• Take responsibility for operational outcomes, escalate breaches of policies or procedures, and support the implementation of new controls.
• Manage risk within the scope of work and ensure compliance with applicable rules, regulations, and codes of conduct.
• Build understanding of how the sub-function integrates with broader organisational processes, products, and services.
• Use analysis and attention to detail to make informed judgements and resolve issues using established practices.
• Communicate complex information effectively and maintain relationships with internal and external stakeholders.

All colleagues are expected to demonstrate Barclays Values including Respect, Integrity, Service, Excellence and Stewardship. Employees should also follow the Barclays Mindset by empowering others, challenging ideas, and driving outcomes.

In the TM Analyst - BUK role, you will conduct detailed due diligence, support regulatory compliance, and help safeguard the organisation through effective risk monitoring and control practices.

Key Skills and Responsibilities

• Conduct transaction monitoring to identify suspicious activities and ensure compliance with AML requirements.
• Apply knowledge of KYC, CDD, EDD, sanctions screening, negative media checks and PEP verification to assess customer risk profiles.
• Support suspicious activity report investigations and assist with regulatory reporting.
• Review, investigate and report transaction monitoring alerts using AML expertise.
• Execute monitoring checks on customers and transactions to identify potential financial crime risks.

Desirable Skills

• Exposure to AML and transaction monitoring processes is preferred.
• Ability to interact with customer support teams regarding transaction-related queries.
• Flexibility to work in different shifts.
• Experience handling risk types for both individual and business client accounts.
• Strong spoken and written English communication skills.