AVP - Product Control (Disclosures)

Barclays; Tamil Nadu; On-site; INR 2,800,000 - 3,800,000; Full time

Job summary

Barclays Chennai-based AVP - Product Control (Disclosures) role focuses on managing financial operations, ensuring accuracy and integrity of financial reporting. The candidate will work with regional and London teams to influence valuation model analyses and disclosures, while upholding internal controls and governance across processes.

The role requires strong product knowledge, CA/finance qualifications, and excellent communication, with emphasis on risk management, policy development, and

Qualifications

• Experience in product control within an investment bank.
• Strong written and verbal communication; able to interact with regional and London teams.
• Excellent time management and prioritization.
• Deep knowledge of financial products and markets in the relevant asset class.

Responsibilities

• Manage preparation and presentation of accurate financial statements.
• Identify, assess, and mitigate financial risks and report to seniors.
• Develop and maintain robust internal controls to safeguard assets and data accuracy.
• Develop and implement up-to-date financial policies and procedures for consistent practices.
• Oversee selection, implementation, and maintenance of financial systems and software with IT.
• Prepare and submit statutory and regulatory reports to authorities.

Skills

Product control experience

Communication skills

Time management

Analytical thinking

Risk & controls

Education

Chartered Accountant (CA) preferred

CFA / Masters in Finance / Financial Engineering

Job description

Join us as an AVP - Product Control (Disclosures) team where you will help craft innovative solutions that influence the Analysis of valuation models as part of the Product control team. Calculations of various fair value adjustments when required.

To be successful, in this role you should have:

• Product control experience in Investment bank.

• Qualified Chartered accountant preferred.

• In-depth knowledge of Financial product and markets of the relevant asset class.

• Good understanding of end-to-end processes of an IB (Investment Banking) and associated controls.

• Excellent communication and presentation skills in both formal and informal settings and the ability to interact with the region and London as part of a global team (written and verbal).

• Excellent time management skills and the ability to prioritize.

Some other highly valued skills may include:

• CFA / Masters in Finance / Financial Engineering.

• Good control awareness and problem-solving ability.

• Ability to work independently with a spectrum of people from junior finance staff to front office business heads.

• Mature and able to negotiate through difficult situations.

• Good influencing and negotiation skills and excellent communication and interpersonal skills.

You may be assessed on 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 out of Chennai.

Purpose of the role

To manage the financial operations of the organisation, ensuring the accuracy, integrity, and reliability of financial reporting.

Accountabilities

• 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.

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 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 lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation 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 developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation 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 practises (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.