Join Barclays as Cross Markets, Vice President where you'll play pivotal role in providing supervisory oversight of the daily Profit & Loss reporting and all associated analytical review and commentary analysis including month end reconciliations between the various Transfer Pricing systems and the ledger. At Barclays – we don’t just embrace change, we drive it. Your role will also be responsible for driving the identification and implementation of key initiatives, such as system/ workflow enhancements, the implementation of changes in accounting regulations and the centralization of processes within Product Control.
To be successful in this role, you should have,
Experience in managing end to end Product Control function with international banks.
Detail oriented with strong control focus and problem-solving skills.
Extensive working knowledge of Credit Products, Macro Products (IR Swap, Commodity Swaps, Futures and Options), Fair Valuation Adjustments (eg Credit Valuation Adjustment, Debit Valuation Adjustment) and Collaterals.
Ability to demonstrate a strong control mindset.
Proficient in MS Office Tools such as Excel and Access.
Some other highly valued skills may include,
Excellent interpersonal skills
Ability to communicate at all levels both written (report and guideline writing) and verbally.
Proactive lateral thinker with ability to use own initiative.
You may be assessed on the key critical skills relevant for success 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 in our Pune office.
Purpose of the role
To oversee the financial aspects of trading activities, ensuring the accuracy and integrity of the bank's trading book, maintenance of compliance with regulatory requirements, and provision of insights into trading performance.
Accountabilities
Reconciliation of daily profit and loss (P&L) figures for trading desks to ensure they align with the valued positions in the trading book, investigating and resolving discrepancies between P&L figures to ensure they reflect the true economic value of the trading portfolio.Support the identification, assessment, and mitigation of trading risks, and report on these financial risks to senior colleagues.Maintenance and analysis of the bank’s trading data, ensuring its accuracy, completeness and consistency, and provision of insights to traders and senior colleagues on trading performance.Preparation and submission of regulatory reports to authorities, and provision of support to external audits including addressing auditor queries and ensuring trading activities are appropriately reflected in financial statements.Effective communication of complex financial information to traders, risk professionals, senior colleagues, and external stakeholders.Cross functional collaboration to ensure a coordinated approach to trading activities.Vice President Expectations
To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..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 will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.Manage and mitigate risks through assessment, in support of the control and governance agenda.Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.Adopt and include the outcomes of extensive research in problem solving processes.Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.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.