Vice President - 90249548
Primary Location:IN-Tamil Nadu-Chennai
Posting Range:2 Dec 2019 - 9 Dec 2019
Job Title: Vice President
The responsibility by Line PC Teams for completeness and accuracy of the books and records comprises of:
P&L and B/S substantiation and reporting (including P&L explain / attribution, reconciliations, P&L commentaries, adherence to accounting principles, etc.).
Monitoring trading activity for compliance with various related policies.
Providing management with technical and operational analysis of the business unit.
Regular interaction with FO business, Financial Control, Technical Accounting Group, PC Change Management, Technology and other infrastructure areas
What will you be doing?
Responsible for the line product control of an asset class, managing the line PC team to fulfil responsibilities below:
Review monthly impairment process, including understanding risk positions and moves for P&L explanation.
Engage in detailed discussion with various Line PC team, CRIS, SAM, senior stake holders on risk positions and P&L.
Ensure that the team’s KPI and SLA are met.
Attend to ad hoc queries from the various stake holders and partners relating to impairment revenue and Balance Sheet.
Review key periodic MIS to senior management.
Gain in-depth understanding of provisioning, controls and processes, and review the month end working.
Perform detailed review of month end adjustments, and Balance Sheet substantiation
Other relevant impairment processes
Ensure the maintenance of a strong internal control environment. Monitor control reports to ensure accuracy of data for P&L, validation and downstream processes.
Raise the team’s level of control awareness. Lead by example and engender a strong control culture.
Ensure clean audit results from internal and external reviews. Be the owner of key stroke documentations for key PC processes, risk assessment and SOX documentation.
Projects and Continuous Improvements
Identify and drive process re-engineering and constantly challenge status quo for control improvement and process efficiency.
Motivate and empower the team to deliver continuous improvements.
Ensure adherence to daily schedule and service level agreements (SLAs).
Ensure process compliance as per the regulatory guidelines and audit requirements.
Oversee the preparation of basic financial analysis, impairment analysis, financial reports, financial planning and financial statements analysis.
Review and analyse complex financial reports and financial statements analysis and present the same to the management.
Establish innovative systems and procedures for handling data & reports and continuously improvise on them.
Identify process improvement opportunities.
Understand customer needs and provide innovative solutions.
Manage and monitor quality for the business area.
Respond to and resolve issues arising out of interactions with clients.
Ensure open communication and address issues/ concerns raised.
What we’re looking for:
Strong control awareness
Confident and assertive manner
Ability to work independently with a spectrum of people from junior finance staff to front office business heads.
Proactive and change focused with problem solving ability.
Mature and able to negotiate through difficult situations
Ability to drive the team’s agenda in large forums spread across various locations.
Good influencing and negotiation skills and excellent communication and interpersonal skills.
Displays enthusiasm, initiative and diligence.
Opportunity to be groomed to be future leaders, where there will be expended remit for future growth.
Works well in a team with high standards for team work
Judgment – Balances short-term & long term goals, manages ambiguity well, is an astute risk taker, can see things in new and innovative ways and understands the business.
Influence – Adept at influencing and aligning colleagues to make things happen, builds trusting and collaborative relationships, knows self deeply and creates teams to complement own strengths.
Execution – Turns strategy into results, measures, manages and delivers performance, always delivers on promises. Excellent analytical and problem-solving skills and the ability to be creative and to “think outside the box”.
Drive – Passionate about making a difference, relentlessly seeks out and overcomes major challenges, has real drive and determination, continuously raises the bar and is emotionally resilient. Proven track record in delivering to tight deadlines under pressure.
Excellent Communication & Presentation - Excellent people-management and relationship-building skills with ability to operate at most senior levels.
Process improvement – drives through change and process re-engineering by continuously leaning and streamline processes.
Ability to speak /write English fluently
Skills that will help you in the role:
Qualified accountant / CIMA
CFA / Masters in Finance / Financial Engineering would be an advantage
Technical knowledge / skills:
In-depth knowledge of Financial product 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 & ability to interact with the region and London as part of a global team (written and verbal)
Excellent time management skills and able to prioritise
Where will you be working?
Be More at Barclays
At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. Our values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.
We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals.
Our customers are unique. The same goes for our colleagues. That's why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances. These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be. We are proud of our dynamic working options for colleagues. If you have a need for flexibility, then please discuss this with us.