Financial Analyst (Immediate Start)

• Financial Analyst (Immediate Start)
• Company: Barclays
• Job Location: Mumbai, Maharashtra, India
• Employment Type: Full-time

Join us as a Analyst - Financial Control, where you will be responsible for the preparation of regulatory returns to the Reserve Bank of India (RBI) and ensure compliance with financial control and reporting standards. You will play a key role in regulatory inspections, audits and on automation initiatives.

• Prepare RBI regulatory returns and disclosures, ensuring accuracy, completeness and timeliness.
• Manage reporting related to Capital Adequacy, ALM, Treasury returns, and other RBI regulatory requirements.
• Ensure compliance with RBI regulations, internal financial control standards and accounting frameworks including Indian GAAP, IFRS, and Ind AS.
• Supporting RBI Inspections, statutory audits and reviews.
• Collaborate with Finance, Risk, Treasury, Operations, and Business teams to support regulatory reporting obligations.
• To work and deliver on RBI reporting automations, process improvements and transformation initiatives.
• Qualified Chartered Accountant (CA).
• Experience in the Indian banking industry will be an added advantage.
• Understanding of RBI regulations relating to Capital Adequacy, ALM, Treasury reporting, and regulatory returns.
• Knowledge of Indian GAAP, IFRS, and Ind AS.
• Experience in audits and inspections.
• Ability to work effectively in a demanding regulatory environment.
• Strong adherence to the regulatory and control frameworks.
• Responsiveness to ad-hoc regulatory queries and inspections.
• Successful implementation of automation and process enhancement initiatives.
• To manage the financial operations of the organisation, ensuring the accuracy, integrity, and reliability of financial reporting.

Management of the preparation and presentation of accurate and timely financial statements, and other accounting records in accordance with the relevant accounting standards, rules and regulations.

Support in identification, assessment, and mitigation of financial risks, and report on these financial risks to senior colleagues.

Development and maintenance of a robust system of internal controls to safeguard assets, ensure that there is no fraudulent misreporting, and ensure the accuracy of financial data, including regular assessment of the effectiveness of internal controls addressing any weaknesses or gaps. .

Development and implementation of up-to-date financial policies and procedures to ensure consistent and effective financial practices across the organisation.

Management of the selection, implementation, and maintenance of financial systems and software applications, including collaboration with IT colleagues to integrate financial systems with other enterprise systems.

• Preparation and submission of statutory and regulatory reports to authorities, and provision of support to other departments in their preparation and review of regulatory reports.
• Coordination with external auditors and regulatory authorities in support of audits and examinations.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.

Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Make evaluative judgements based on the analysis of factual information, paying attention to detail.

Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.

Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

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. .