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Job Description
- Join us as an Assistant Vice President - Product Control Finance at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unparalleled customer experiences.
To be successful as an Assistant Vice President, you should have experience with:
Development and maintenance of valuation methodologies for various financial instruments, and implementation of appropriate valuation models based on the characteristics of the financial instruments and market conditions.
Management of valuation process for the bank's trading portfolio, including regular valuations of financial instruments and approval of valuations performed by colleagues.
Analysis of market data to assess valuation inputs, assumptions, and potential valuation risks.
Preparation and review of valuation reports, and support in preparing regulatory filings and financial statements.
Provision of valuation insights to traders, risk professionals, and senior colleagues, and identification of areas for improvement in valuation methodologies and processes.
You may be assessed on key critical skills relevant for success in the role, such as risk and controls, change and transformation, business acumen, strategic thinking, and digital and technology, as well as job-specific technical skills.
The role is based out of Chennai/Pune.
Purpose of the role
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.
Assistant Vice President Expectations
To advise and influence decision-making, contribute to policy development, and take responsibility for operational effectiveness. Collaborate closely with other functions/business divisions.
Lead a team performing complex tasks, using well-developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes.
If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviors to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviors are: L - Listen and be authentic, E - Energize and inspire, A - Align across the enterprise, D - Develop others.
OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialization to complete assignments. They will identify new directions for assignments and/or projects, identifying a combination of cross-functional methodologies or practices to meet required outcomes.
Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
Identify ways to mitigate risk and develop new policies/procedures in support of the control and governance agenda.
Take ownership of managing risk and strengthening controls in relation to the work done.
Perform work that is closely related to that of other areas, which requires an understanding of how areas coordinate and contribute to the achievement of the objectives of the organization sub-function.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practices (in other areas, teams, companies, etc.) to solve problems creatively and effectively.
Communicate complex information. "Complex" information could include sensitive information or information that is difficult to communicate because of its content or its audience.
Influence or convince stakeholders 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.,
Skills
Financial StatementsProvisionFinanceRegulatory FilingsChangeTechnologyDigitalStrategic ThinkingValuation MethodologiesRiskFinancial StatementsBusiness AcumenControlsTransformationFinancial InstrumentsMarket Data AnalysisIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
Barclays is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services.
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. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 83,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
Barclays is a trading name of Barclays Bank PLC and its subsidiaries. Barclays Bank PLC is registered in England and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England. Registered No. 1026167. Registered office: 1 Churchill Place, London E14 5HP.
Important dates & deadlines?
Application Deadline
17 Oct 25, 12:34 PM IST
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AVP Product Control Finance
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