AVP - Treasury PC

1203 Barclays Global Serv. Cent; Chennai District; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

1203 Barclays Global Serv. Cent in Chennai is hiring for the role of Assistant Vice President in Treasury Product Control. You will manage the financial aspects of trading, ensuring accuracy and compliance while being involved in complex data analysis.

The ideal candidate will have product control experience in investment banking, with a preference for Chartered Accountants. Excellent communication skills are necessary as you will collaborate across teams to drive operational effectiveness.

Qualifications

• Experience in product control within investment banking.
• Qualified Chartered Accountant is preferred.
• Strong understanding of financial products relevant to investment banking.

Responsibilities

• Oversee financial aspects of trading activities.
• Reconcile daily P&L figures for trading desks.
• Maintain and analyze the bank's trading data.

Skills

Product control experience in Investment banking

Chartered accountant preferred

In-depth knowledge of financial products and markets

Excellent communication and presentation skills

Time-management skills

Education

CFA, Master’s in Finance, or Financial Engineering

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 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 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.
• Demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver consistently excellent standards. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• For an individual contributor, lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments.
• 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 for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, requiring an understanding of how areas coordinate and contribute to the achievement of the organisation’s sub‑function objectives.
• Collaborate with other areas of work, providing business‑aligned support to keep up to speed with business activity and strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external, to solve problems creatively and effectively.
• Communicate complex information, including sensitive information or information that is difficult to convey because of its content or audience.
• Influence or convince stakeholders to achieve outcomes.
• Demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship, as well as the Barclays Mindset – to Empower, Challenge and Drive.

Role Summary

Join us as an Assistant Vice President – Treasury Product Control at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting‑edge technology to revolutionise our digital offerings, ensuring unparalleled customer experiences.

Required Qualifications

• Product control experience in Investment banking.
• Qualified Chartered accountant preferred.
• In‑depth knowledge of financial products and markets of the relevant asset class.
• Good understanding of end‑to‑end processes of an IB 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 prioritise.

Highly Valued Skills

• CFA, Master’s in Finance, or 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 with excellent communication and interpersonal skills.

Key Competencies

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.

Location

The role is based out of Chennai.