Ba3 Analayst

3 months ago


Chennai Tamil Nadu, India Barclays Full time

Job Title: BA3 Analayst
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 person is responsible for leading one of the GRS Barclaycard Production team and be responsible for all the operational reconciliations and related activities.

The responsibility spans across locations and handling significant team along with people responsibility.
- This person will play a key role in commercial decisions in terms of location strategy decision for moving work internally or to third party.
- Leading and managing negotiations both internally as well as with third party banks in processes where settlement payments are delayed (by us / other agent banks) which involves significant senior level discussions internally and externally.
- Provide content and people leadership to Global Reconciliation Services team and lead employees performing reconciliation related services.
- Play a key role in driving in complex project involving multiple upstream source systems and numerous IMatch instance. The role requires to partner with Global teams working in lean and agile fashion as well as ensuring lean and continuous improvement culture in the team.
- Responsible to help the GRS meet Control and efficiency goals by implementation of appropriate business process and system changes related to reconciliations function.
- Understands all applicable governance, compliance, risk policies and procedures

Analyses current trends anticipate future challenges and pro-actively devise approaches to handle key challenges.
- The role would require partnering with Change, Risk and Governance, BIA, Technology teams to drive business process improvements
- Work consistently to meet internal & external client needs within time, resource and budget constraints and delivers against overall targets.
- Drive best practice across the function, providing education and technical expertise to coach and develop staff and pass on knowledge.
- He/ She will be point of reference for technical queries related to their particular area/ specialism.
- Act as day to day escalation point for key stakeholders and resolve complex issues and difficult situations.
- Display integrity, initiative and commitment through interactions with colleagues and clients.
- Lead, motivate, and develop teams to create a high performance culture and enhance the knowledge base, skills, talent and capability

What will you be doing?
Ensure adherence to service level agreements (SLAs).
Ensure seamless delivery of financial operations.
Identify process improvement opportunities and implement solutions.
Implement business and change management initiatives.
Manage quality in own area of work.

What we’re looking for:

- B Com Graduation Degree
- Chartered Accountant (CA)/ Masters in Business Administration (MBA)/ Certified Public Accountant (CPA) MBA with relevant years of post-qualification experience.
- Extensive experience in managing reconciliation processes by leading large teams
- Extensive experience in working with Internal & external Auditors
- Effective oral and written communication in both formal and informal settings, and at all levels of seniority
- Experience in Reconciliation and System Admin implementation where data sourcing, mining, processing, rejection management and reporting are crucial.
- Team / Operational management experience
- Advanced working knowledge and understanding of Banking control framework - who can challenge, system administration including static setup, Reconciliation, Breaks management and reporting processes
- Good technical and analytical skills relating to build and enhance reconciliation platform and reporting function.
- Good understanding of the upstream and downstream system flow in a typical Retail, Card and investment banking environment.
- Ability to drive changes in complex situations.
- Concrete understanding of reconciliations (external & internal) and related support activities (e.g., integrity checks and other admin processes) where they fit in the broader trade lifecycle and the associated front-to-back control approach.
- Good appreciation of the Barclays businesses which GRS support, including specific knowledge of one or more of the following Corporate, Wealth, Barclaycard, FORT, Procurement Ops & IB
- Comprehensive experience of performing reconciliations related activity on SunGard Intellimatch Platform
- Flexible for US/UK shifts

Skills that will hel