FC Exits Analyst

Embark on a transformative journey as a FCS Exists Analyst at Barclays, where you will play a pivotal role to manage operations within a business area and maintain processes, risk management initiatives and compliance with relevant regulators. You will take ownership of your work, ensuring it aligns with the relevant rules & regulations, and codes of conduct. With competitive benefits and opportunities for career advancement, Barclays is a great place to grow your career in the banking industry.

Key critical skills required for this role include:

• Conduct thorough due diligence to identify PEPs, their family members, and close associates as part of the client onboarding process or periodic reviews.

• Assess and monitor high-risk individuals or entities across all business lines and ensure comprehensive records are maintained.

• Utilize external databases, watchlists, and other sources to identify PEPs and high-risk clients.

• Perform EDD on PEPs and high-risk clients, including gathering, analyzing, and verifying information about the client’s background, sources of wealth, business activities, and other risk factors.

• Analyze and assess potential money laundering, terrorist financing, and other financial crime risks associated with PEPs and high-risk clients.

• Prepare risk assessments and provide recommendations on how to mitigate or manage risks within the organization’s risk tolerance.

You may be assessed on key essential skills relevant to succeed in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

This role is based out of Noida.

Purpose of the role

To complete EDD/Exits cases which includes day to day processing, reviewing, reporting, trading and issue resolution. 

Accountabilities

• Support with day to day Enhance Due Diligence (EDD)/Exits initiatives including processing, reviewing, reporting, trading, and issue resolution.
• Execution of EDD reviews on high-risk customers to maintain compliance with regulatory requirements and policies.
• Execution of exit reviews on customers who are having their accounts closed to mitigate risk, aligned to compliance and internal policy.
• Collaboration with teams across the bank to align and integrate EDD and exit processes.
• Identification of areas for improvement and providing recommendations for change in EDD and exit processes.
• Development and implementation of Issue resolutions relating to any inefficient controls .
• Development of reports and presentations on EDD and exit performance and communicate findings to internal senior stakeholders.
• Participation in projects and initiatives to improve EDD and exit efficiency and effectiveness.

Analyst Expectations

• To meet the needs of stakeholders/ customers through specialist advice and support
• Perform prescribed activities in a timely manner and to a high standard which will impact both the role itself and surrounding roles.
• Likely to have responsibility for specific processes within a team
• They may lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources. They supervise a team, allocate work requirements and coordinate team resources.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they manage own workload, take responsibility for the implementation of systems and processes within own work area and participate on projects broader than direct team.
• Execute work requirements as identified in processes and procedures, collaborating with and impacting on the work of closely related teams.
• Check work of colleagues within team to meet internal and stakeholder requirements.
• Provide specialist advice and support pertaining to own work area.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how all teams in area contribute to the objectives of the broader sub-function, delivering impact on the work of collaborating teams.
• Continually develop awareness of the underlying principles and concepts on which the work within the area of responsibility is based, building upon administrative / operational expertise.
• Make judgements based on practise and previous experience.
• Assess the validity and applicability of previous or similar experiences and evaluate options under circumstances that are not covered by procedures.
• Communicate sensitive or difficult information to customers in areas related specifically to customer advice or day to day administrative requirements.
• Build relationships with stakeholders/ customers to identify and address their needs.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.