Avp - Pc Controls - Chennai, India - Barclays

Barclays

Verified Company

Chennai, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Job Title:
AVP - PC Controls

Location:
Chennai

About Barclays
Barclays is a British universal bank. 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.

Risk and Control Objective

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.

Working Flexibly
We're committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business.

Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers' and clients' needs.

Whether you have family commitments or you're a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life.

Hybrid Working

Please discuss the detail of the working pattern options for the role with the hiring manager.

Introduction:

Produce daily MI including commentaries, investigate Flash/Formal differences
Ensure the maintenance of a strong internal control environment

Review key controls:
Fx exposure, Approximate bookings, IUR, IaRs, Volcker excesses, STRs, SAP adjustment summary, OAOL

What will you be doing?

Investigate Flash vs. Formal differences have necessary commentary
Ensure there is no significant unexplained P&L reported by PC Line teams
Ensure MBR pack schedules are produced on timely basis with appropriate comments so as to facilitate review and sign off by PC SMT
Ensure to pose challenge to PC Line teams in getting appropriate commentary in case of open breaks
Develop a sound understanding of daily processes "the what", "the why" and "the how".
Attend to ad hoc queries from the traders and other infrastructure partners relating to trading revenue and Balance Sheet.

Weekly / Monthly Responsibilities

Balance Sheet control and commentary, Month End adjustments and Balance Sheet Substantiation
Perform key weekly & monthly reporting to senior management.
Attend to queries from internal and external audit and reviews and maintain key stroke documentations for key PC processes, risk assessment and SOX documentation.

Controls

Ensure that a strong internal control environment is maintained at all times

Review key controls:
Fx exposure, Approximate bookings, IUR, IaRs, Volcker excesses, STRs, SAP adjustment summary, OAOL

Identify and drive process reengineering and constantly challenge current processes for improvement and efficiency
Raise any control weaknesses to the team. Brainstorm with the team to come up with an action plan.

Personal Traits

Good financial product knowledge
Appreciation and understanding of financial markets
Experienced with MS office toolkit (Word, PPT, Excel, Access Database etc)
Be Self Motivated and Proactive to take initiative and improve the end product.
Work well within the team and portray high standards of team work.
Ask questions and challenge status quo. Do not assume that every current practice is the best practice. Question and satisfy yourself with the reasons for doing certain things in a certain way.
Excellent communication and interpersonal skills

What we're looking for:

Experienced with MS office toolkit (Word, PPT, Excel, Access Database etc)
Excellent communication and presentation skills in both formal and informal settings & ability to interact with the region and UK / US as part of a global team (written and verbal) Strong control awareness in particular, the ability to identify and escalate potential control breakdowns and to streamline processes in an effective and efficient manner.
Has the initiative and ability to break down problems into components parts and resolving them
Attention to detail and analytical
Confident and assertive manner

Skills that will help you in the role:

CA/CFA / Masters in Finance / Financial Engineering would be an advantage
Article ship / Industrial trainee in mid to large sized firms
Audit exposure in large financial institutions / banks preferred

Where will you be working?

Chennai

Be More at Barclays
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.

Purpose, Values and Mindset

We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the