Emea Settlement

Job Title: EMEA Settlement - AVP
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

Structured hybrid role:
Introduction:
The role holder will work as part of a team accountable for providing world class client service to a diverse client base. The role holder will be responsible for supporting an Operational Function within the Investment Operations Centre of Excellence.

What will you be doing?
- Significant BAU experience and technical understanding of settlements business (All Financial Products) and its inherent risks with Extensive knowledge or experience in Avaloq Application
- Excellent verbal and written communication skills, able to clearly articulate complicated issues to management and other impacted areas and ensure timely resolution of breaks and issues
- Managing CSDR Regulation activities
- Responsibility for reconciling and challenge the Penalties
- Responsibility for Buy-in Regulations activities
- Ensure smooth functioning of the process and compliance to procedures and policy guidelines
- To proactively build relationships with customers (internal and external);
- Ensure Service Level Agreements for the process are met as agreed upon with the client
- Identify causes for non-achievement of Service Level Agreements, develop solutions and implementing the same
- Review and analyse performance reports against targets on a weekly/monthly basis with Team Managers and with client and investigate causes for performance deviations
- Ensure process compliance with all business rules and regulatory directives, and adherence to all operational processes and procedures such as disaster recovery
- Perform trend analysis on MIS/ data and identify deficiencies (tools, metrics and reports) and recommend solutions
- Develop strategic & tactical plans to identify, analyse and effectively respond to client’s needs, emerging trends and best practices
- Liaising with custodian, counterparty, traders and dealing teams
- Support process and procedure enhancements
- Responding to queries in line with stakeholder expectations and ensuring all responses are clear and identify the critical elements of the query to avoid potential rework at a later stage

What we’re looking for:

- Good knowledge on settlements and market requirements including CSDR Regulation
- Graduate / Post Graduate
- Good knowledge on Investment Banking and Capital Market Products
- Proven record within an operational environment with experience in problem solving and knowledge of operational risk & control processes and practices
- Resilient individual who thrives in a fast paced, changing environment
- Should be able to demonstrate that he/she can effectively lead a team
- Strong interpersonal skills and an ability to effectively communicate with stakeholders and colleagues internally and externally
- Knowledge and understanding of FCA CASS rules
- Effective time management and prioritisation when working to multiple and challenging deadlines

Skills that will help you in the role:

- Investment Operations or industry experience
- Experience of reviewing and improving processes to enhance client experience.
- Experience in project management

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 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 t