Barclays Hiring TM Analyst - BUK in Pune | Apply Online

Job Description

Purpose of the Role

The role supports Transaction Monitoring by reviewing activities, investigating unusual behavior, and reporting suspicious transactions to the relevant authorities when required.

Accountabilities

• Assist with daily Transaction Monitoring activities, including reviewing, investigating, and reporting using AML knowledge.
• Carry out monitoring checks on customers, transactions, and related activities to detect potential risks and meet regulatory standards.
• Manage alerts and issues generated from transaction monitoring tests, ensuring proper investigation and resolution.
• Collaborate with teams across the bank to align and integrate monitoring processes.
• Identify opportunities to improve Transaction Monitoring processes and suggest appropriate changes.
• Help develop and implement procedures and controls to reduce risk and maintain operational efficiency.
• Track industry trends and developments to apply best practices within Transaction Monitoring services.
• Participate in projects and initiatives aimed at improving monitoring efficiency and effectiveness.

Analyst Expectations

• Complete assigned tasks on time while maintaining high standards and supporting continuous improvement.
• Develop strong technical knowledge and a solid understanding of concepts related to the assigned area.
• Guide or support team members when required, allocate work, and coordinate team resources.
• Act as an individual contributor by building subject matter expertise and providing advisory input when appropriate.
• Work collaboratively with related teams and other business areas.
• Take responsibility for the outcomes of operational processes and team activities.
• Escalate policy or procedure breaches when identified.
• Support the adoption of new policies and procedures introduced to manage risk.
• Contribute to decision making within the scope of your expertise.
• Maintain strong awareness of risk management and ensure compliance with applicable rules, regulations, and codes of conduct.
• Build knowledge of the organization's products, services, and internal processes while understanding how your sub-function integrates with the broader function.
• Use factual analysis and attention to detail to make sound judgments.
• Resolve problems by applying technical experience and established precedents.
• Communicate complex or sensitive information and coordinate with stakeholders beyond the immediate team.

All colleagues are expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship. They are also expected to adopt the Barclays Mindset of Empower, Challenge, and Drive in their day-to-day work.

In this role, you will provide support by performing detailed due diligence, ensuring regulatory compliance, and helping safeguard clients and the organization. Responsibility for managing risk and strengthening controls within assigned tasks is essential.

Key Skills for Success

• Perform transaction monitoring to detect suspicious activity and ensure AML compliance.
• Apply knowledge of KYC, CDD, EDD, sanctions screening, negative media checks, and PEP reviews to assess customer risk profiles.
• Support investigations and reporting of suspicious activity while adhering to regulatory standards.
• Review, investigate, and report activities as part of daily monitoring initiatives.
• Conduct monitoring checks on customers and transactions to identify potential risk.

Desirable Skills

• Prior exposure to AML or Transaction Monitoring processes is preferred.
• Ability to coordinate with customer support teams for queries related to customer transactions.
• Flexibility to work in different shifts when required.
• Experience working with both individual and business client risk types.
• Strong proficiency in written and spoken English.