Job Description

Job Title: Head of CDD KYC Location: Pune
About Barclays Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.
Risk and Control Objective Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.
Working Flexibly We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises 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.
The team supports Client Due Diligence for three entities namely

• Barclays Securities (India) Private Limited,
• Barclays Wealth India Trustees Limited and
• Barclays Investments and Loans India Private Limited.

What will you be doing?

• Overseeing the check and challenge of the governance including financial crime risk and control frameworks laid out by local and Group Compliance Service teams.
• Know Your Client, Client On-Boarding & Due Diligence from a Document Review perspective having good understanding of Local KYC, nuances of KRA and CKYC.
• Fair knowledge of global diligence requirements including source of wealth, FATCA / CRS regulation & Client Money Asset standards.
• Accountable for managing and ensuring screening of prospects, clients and counterparties against various Screening tools.
• End to End management of client Periodic and Trigger Reviews based on the Group policy requirements
• Ensure day to day tasks are performed as per the agreed SLA and in controlled manner
  • requests for Client Maintenance
  • review and work on Alert Management as part of continuous client screening
  • dissemination of accurate Management Information.
  • support Group, Internal & Regulatory Audits.
• Oversee Maintenance of client data into various systems in compliance with group and local regulatory requirements
• Support accurate and timely submission of applicable regulators reports
• Work collaboratively within the definition of this role to support Business
• Support product/Business management team in setting up any new operational processes for new products.
• Recommend, Develop and Implement scalable solutions to drive process efficiencies & automation
• Proactive identification of gaps in adherence of the Group CDD procedures and local process requirements and escalating it to the appropriate Senior Management forums or key stakeholders.
• Raising ORAC for risk events and issue details identified within the CDD team and tracking them for closure
• Drive Mind-set and People agenda (Skill matrix, cross training, citizenship, Colleague engagement forum)

What we’re looking for:

• The ideal candidate will have an excellent command of the English language with strong written and oral communication skills and an ability to communicate and influence at all levels of the business.
• A very strong understanding on elements of Know Your client (KYC) and PMLA guidelines.
• Solid analytical skills with ability to prepare reports/resolve problems
• Operate effectively in a dynamic environment with tight deadlines, and can prioritize one’s own work to achieve them
• Proven track record in Client Due Diligence, Business Process Design and Analysis
• Graduate /post graduate in any discipline with relevant experience in the area of Diligence and AML.

Skills that will help you in the role:

• Knowledge of the SEBI & RBI guidelines, equity products and emerging technologies and their applications will be an added advantage
• Previous experience of supporting / leading on boarding teams in MNC banks
• The ideal candidate will be focused on excellence and delivery, resilient and able to work with many and varied deliverables
• Knowledge and understanding of operational risks, their origins and effects and the relevant, practical controls required to mitigate them.
• High standards of quality and rigour are applied to all deliverables

Where will you be working? Pune Be More at Barclays At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are. Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details. Our Values Purpose, Values and Mindset
We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term. Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.
Respect We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution. Integrity We operate with honesty, transparency and fairness in all we do. Service We act with empathy and humility, putting the people and businesses we serve at the centre of what we do. Excellence We champion innovation, and use our energy, expertise and resources to make a positive difference. Stewardship We prize sustainability, and are passionate about leaving things better than we found them. Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.
Empower Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure. Challenge Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints. Drive Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done. Our Diversity We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals. Our Benefits Our customers are unique. The same goes for our colleagues. That's why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances. These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be. We are proud of our flexible working options for colleagues. If you have a need for flexibility, then please discuss this with us.