AVP - Treasury Finance Tesco

1203 Barclays Global Serv. Cent; Chennai District; On-site; INR 3,500,000 - 5,500,000; Full time

Job summary

Barclays Chennai seeks Assistant Vice President Treasury Product Control to oversee daily P&L reconciliation, ensure trading book accuracy, and maintain regulatory compliance. You will provide insights into trading performance and contribute to governance.

Lead a team, set objectives, and collaborate across functions to strengthen controls, communicate complex financial information to traders and risk teams, and support audits.

Qualifications

• Valuation/control experience in financial services.
• Ability to distil complex issues for senior management.
• Understanding of Financial Derivatives and Treasury products.
• Coding skills in Python/VBA or equivalent.
• Proficiency with Microsoft Office products.
• Experience with Bloomberg and Reuters terminals.
• Proactive change champion to embed best practices.
• Strong written and interpersonal communication for senior management.
• Negotiation and influence across teams and geographies.
• Attention to detail and numeracy.
• Organizational skills and structured approach.
• Strong control focus.

Responsibilities

• Reconcile daily P&L figures with trading book positions.
• Investigate and resolve P&L discrepancies to reflect true economic value.
• Identify, assess, and mitigate trading risks; report to senior colleagues.
• Maintain and analyze trading data; provide insights to traders and risk peers.
• Prepare regulatory reports and support audits.
• Communicate complex financial information to stakeholders.
• Collaborate across functions to coordinate trading activities.

Skills

Valuation control

Product control

Communication skills

Financial derivatives

Python/VBA

MS Office

Bloomberg Terminal

Negotiation & influencing

Attention to detail

Organizational skills

Control environment

Tools

Bloomberg Terminal

Reuters Terminal

Job description

Job Description 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.

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. Step into the role of Assistant Vice President Treasury Product Control at Barclays we are more than a Bank, we are a force for Progress and help us to drive change and innovation across our Product Control function.

Requirements

To be successful as a Assistant Vice President, you should have experience with

• Valuation control or product control experience in a financial services environment.
• Strong communication skills including the ability to distil complex issues into an easy to digest summary for senior management.
• Strong understanding of Financial Derivatives, Treasury products.
• Coding skills in Python/VBA or equivalent
• Good understanding of Microsoft Office products.
• Experience with Bloomberg, Reuters terminals.
• Proactive change champion who looks to develop and embed best practice.
• Strong communicator (written and interpersonal) with an understanding of senior management perspective.
• Confident and assertive with the ability to negotiate and influence constructively across teams and geographies.
• Capable reviewer of meeting materials and commentary, with a high level of attention to detail Numerate.
• Strong organisational skills and structured approach.
• Strong control focus.

Location

The above role is for Chennai.

Company Culture

Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people. Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.