Avp - Impariment

Job Title : AVP - Impariment
Location: Noida

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:
Perform consolidation and review of all business and group level impairment reporting -regulatory, financial and statutory.
This role will be responsible for extensive quarterly and yearly/half-yearly external and internal reporting encompassing preparation and review of various credit risk disclosures. The individual would need to establish themselves as SME for impairment reporting and being able to address ad-hoc queries from senior management along with managing key internal and external stakeholders.

What will you be doing?
- Production and review of statutory and internal disclosures to support the impairment reporting process for quarterly results announcements and annual reports including commentaries to support the QoQ/ YoY movement, Board Audit Committee papers etc.
- Analysis of impairment numbers across different business prior to quarter end and support in building of external messaging.
- Liaise with external auditors on planning and resolution of audit queries.
- Support in transformation initiatives for enhancement of impairment reporting including adoption of new tools and technologies like Tableau, Co-pilot etc.
- Review and challenge the reporting process to ensure robust governance framework at all times
- Provide assistance and advice to regional finance teams on issues relating to the credit risk impairment reporting
- Respond to ad-hoc and unstructured queries from senior management and investor relations
- Actively develop a culture of continuous improvement. Review processes, procedures and requirements, on a regular basis, to identify areas for improvement and drive through the necessary changes.
- Ensure that the integrity of the financial data remains within the highest standard, by ensuring that adequate financial and process controls are in place
- Assess Change Requests for impact on existing processes and architecture.

What we’re looking for:
ï‚- Qualified accountant/MBA with an understanding of a relevant functional area such as financial reporting or FP&A in an investment bank
ï‚- Analytical skills
ï‚- Clear and concise communication to present results of analyses up to level of Director/ MD in the organization.

Skills that will help you in the role:
ï‚- Data management/analysis skills, with experience in usage of widely known commercially and open-source available data processing software.
ï‚- The initiative and curiosity to challenge current processes and develop effective alternative solutions
ï‚- A high level of commitment and enthusiasm
ï‚- Ability to work in a pressured environment and cope with the demand of working to tight deadlines
ï‚- Strong control awareness including understanding the key controls required in the bank
ï‚- Knowledge of Credit Risk disclosures and IFRS 9 standard
ï‚- Knowledge of financial services industry and market

Where will you be working?
Noida

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 long term.

Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.

Respect
We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution.
Integrity
We operate with honesty, transparency and fairness in all we do.
Service
We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.
Excellence
We champion innovation, and use our energy, expertise and resources to make a positive difference.
Stewardship
We prize sustainability, and are passionate about leaving things better than we found them.
Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.
Empower
Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.
Challenge
Question whether things can be done better. Use insights based on data to inform decis