Enhanced Due Diligence Manager

As a Barclays Enhanced Due Diligence Manager, you will be responsible for the Enhanced Due Diligence reviews of the Corporate Bank’s Correspondent Banking Clients. The team sits in the first line of defense but acts independently of the coverage teams they support. The team is global, with EDD Managers located in London, Dubai, Hong Kong, and New York. Clients are located throughout the world and EDD Managers may need to travel to meet clients either on their own or with the Relationship Director.
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.
Working Flexibly
We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognizes 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, and your request will be reviewed subject to business needs.
We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. Please discuss the detail of the working pattern options for the role with the hiring manager.
What will you be doing?
• Leading and facilitating Enhanced Due Diligence (EDD) reviews of Correspondent Banking Relationships maintained by the Corporate Bank

• Identifying and understanding the AML/Terrorist Financing/ Sanctions/ABC Risk associated with Corresponding Banking relationships
• Analysing the findings of the EDD reviews and making recommendations to maintain or exit a relationship or undertake further EDD to mitigate risks identified
• Working in partnership with Front Office relationship teams and Know Your Customer CDD delivery teams to complete high quality EDD for high-risk clients
• Driving up the quality of the KYC process through close liaison between KYC Operations and Coverage, challenging and improving procedures and processes
• Undertaking investigations focusing on specific issues or clients where Red Flags or themes are identified
• Delivering risk assessment-orientated EDD by reviewing and analysing data gathered in meetings, from public sources and Barclays internal data
• Presenting at various forums including Correspondent Review Forum, High Risk Governance Forum to review cases and findings

Skills that will help you in the role:
• Experience and comprehensive understanding of delivering analysis and recommendations, with experience in AML/KYC and/or Corporate Banking

• Knowledge of Correspondent Banking Industry
• Comprehensive understanding of control environment - including risk management and related processes
• External AML qualifications such as ICA, ACAMs or equivalent