Cms Avp

Job title :CMS AVP
Location: Pune

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
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.

Working Flexibly

Introduction:
The role requires a strong understanding of the underlying products and an ability to liaise with all areas of the business including Sales, Trading, Middle Office and the clients to ensure issues are resolved in a timely manner.

What will you be doing?
- Assist the VP/AVP in the running of the daily BAU functions, including:

- Acting as the escalation point for B3 / BA4
- Conducting training with junior members of staff and new joiners
- Taking the lead in UAT for departmental initiatives and projects and proactively suggest system enhancements to improve team efficiency
- Complex root cause analysis and escalation are required to manage control within our business demonstrating the ability to communicate findings to senior management both verbally and in written format e.g. reports, packs and presentations
- Ability to negotiate effectively with all internal parties to ensure the team receives the necessary support to achieve its goals
- Ensure all Margin calls have gone through required due diligence on data quality and margin policy and sent to client within agreed timeline
- Optimize collateral portfolio view by consolidating collateral positions across iRepo
- Monitor Data Reasonability Check, Upstream Feed Monitoring of Various asset classes on a day to day basis in a timely manner, prioritize and escalate accordingly
- Monitor, investigate and resolve valuations discrepancies in order to issue Accurate margin calls in a timely manner, prioritise and escalate accordingly,
- Create and provide root cause analysis for portfolio discrepancies, communicate to management.
- Work closely with global collateral management unit to implement a proactive approach to dispute resolution, work flow Queue Management
- Agree tri-party and Stock Borrow of lending collateral requirements with clients and trading desk, answer booking queries from trade capture utility (TCU) teams
- Management Reporting - consolidated reporting & escalation on daily volume and risk issues.
- Provide oversight and escalation of settlement fails, Investigation and resolution of margin call disputes, involving interaction with various internal areas (Front Office, Legal, Credit Risk Management and Operations)
- Responsible for procedure, checklist and process flow updates and is held accountable on governance meetings
- Uphold the controls and procedures for the team, and highlight any control gaps identified to management to ensure that these are reviewed and addressed as necessary.
- Participation in key industry initiatives, constantly striving to push the team forward. Drive process improvements within the team to drive efficiency and cost savings:

- Strong analytical skills required to perform complex analysis on the volumes and process flow to identify the root cause.
- Suggest innovative solutions to improve efficiency and provide the VP with a detailed breakdown to quantify the time/ headcount savings from the initiative.

What we’re looking for:

- Bachelor degree or equivalent experience (10 + years) in a securities financing function or other collateral management and margin process
- Direct experience of the fixed income financing functions would be a significant advantage. Broad business and operational knowledge across markets and asset classes is valuable.
- Strong approach to risk management and awareness of control across line functions.
- Excellent interpersonal skills including relationship management, communication and teamwork.
- Strong analytical and problem solving skills. Well organised with good time management skills and the ability to meet tight deadlines and prioritise tasks.

Skills that will help you in the role:

- Proactive and positive attitude and desire to make a difference.
- Detailed and meticulous, consistently delivering a high level of accuracy and attention to detail with high quality output.
- Able to multi-task and prioritise accordingly in a highly pressurised environment.
- Willing to take on responsibility.

Where will you be working?
Pune

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 i