Regulatory Reporting Assurance - Chennai, Tamil Nadu, India - Barclays

Barclays

Verified Company

Chennai, Tamil Nadu, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Job Title :
Regulatory Reporting Assurance

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

Take ownership for managing risk and strengthening controls in relation to the work you do

Working Flexibly

Hybrid Working

Structured hybrid role:

Introduction:

Barclays will be undergoing a significant amount of regulatory change in 2024 and 2025 as a result of the introduction of Basel IV for both our UK and Irish Regulated entities.

This role will be involved in execution of independent assurance activities on Prudential regulatory reporting that Barclays is responsible for, ensuring the implementation from the production teams is consistent with the regulatory requirements that Barclays is bound by for both calculation of regulatory requirements and associated disclosures (COREP/Pillar 3)

The incumbent of this role will help lead the assurance activity from the Prudential Regulatory COE in Chennai, working with counterparts in London to plan and execute the assurance activities required from a change implementation perspective and on going BAU.

This role will sit within the Regulatory Capital TC Quality Assurance (QA) team.

What will you be doing?

Responsible for planning and executing the assurance cycles for Prudential Regulatory Reporting in multi year future cycles
Documentation of the assurance outcomes for senior management, identifying areas of improvement and remedial plans to resolve.
Has the ability to undertake and manage reperformance and data accuracy testing across the Prudential Regulatory disclosures (COREP and Pillar 3) with assistance from technical SMEs in London/Chennai.
Responsible for maintaining and updating the prioritization and scoping methodologies for assurance using prior experience in similar roles related to assurance and audit.

What we're looking for:

Experience should be within the financial reporting function within a large tier bank (preferable) or prudential regulatory reporting function within a large tier bank (desirable)
Excellent organizational skills, able to react to complex challenges with focused plans and contingencies and a forward thinking focus that anticipates future challenges and how to resolve through the assurance activity they will be responsible.
Must have an understanding of financial markets, financial and/or regulatory reporting, risk, governance and controls
Must have an awareness of the prudential rules and regulations (calculation and disclosures) so that they can confidently maintain the assurance framework and be confident in running assurance cycles.
Excellent communication skills (oral and written) with proven experience dealing with senior stakeholders
Strong interpersonal skills to build relationships across the bank creates and maintains a culture in which trust and mutual respect are valued, challenging people and systems that do not support this. Uses influencing strategies and conveys a strong vision to achieve results and obtain buyin across the organisation.
Comfortable working across 'virtual' teams and embraces the opportunity to work across various functions and locations.
Sets high standards for self and others, leads by example and delivers to a high standard consistently through themselves and others.

Skills that will help you in the role:

Qualified Accountant
ACA or equivalent with experience within financial audits/assurance
Prior experience in a top tier bank or similar financial institution, or a large blue chip corporate
Strong written, Excel and powerpoint skills and previous experience of having managing and working with large volumes of data in an audit/assurance environment.
Excellent stakeholder engagement skills and understanding and executing requirements / expectations
Excellent analysis and problem solving skills with a specific focus on assurance and ensuring stakeholders can support in helping resolve challenges/issues.
Able to effectively cope with multiple deliverables with deadlines.
Excellent verbal and written communication skills
Strong control awareness. Escalates breaches of policies and procedures appropriately
Willingness and ability to take ownership of issues and manage through to a successful resolution.

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 s