Treasury Hedge Accounting

4 days ago


Chennai Tamil Nadu, India Barclays Full time

Join Barclays as a Treasury Hedge Accounting - Analyst role where the role is principally responsible for monthly monitoring and reporting of segmental head office and statutory P L and model management of certain bespoke hedge accounting activities The team has wide diversity in responsibilities and interacts with stakeholders from multiple FTCs across the bank At Barclays we don t just anticipate the future - we re creating it To be successful in this role you should have below skills Basic hedge accounting knowledge cash flow and fair value would be advantageous ideally gathered In a financial institution with interest rates being the key managed risk Excellent written and verbal communication skills tested in a variety of mediums including presentations policy documents and stakeholder meetings forums Has the initiative and ability to break down problems into components parts and resolving them Attention to detail and analytical Desirable experience of linking entity results through to financial statement production Fully qualified accountant Degree or higher educated from a top tier university Some other highly valued skills may include below CFA master s in finance financial engineering would be an advantage Articleship Industrial trainee in mid to large sized firms Audit exposure in large financial institutions banks preferred You may be assessed on the key critical skills relevant for success in role such as risk and controls change and transformation business acumen strategic thinking and digital and technology as well as job-specific technical skills This role is based in our Chennai and Noida office Purpose of the role To oversee the financial aspects of trading activities ensuring the accuracy and integrity of the bank s trading book maintenance of compliance with regulatory requirements and provision of insights into trading performance Accountabilities Reconciliation of daily profit and loss P L figures for trading desks to ensure they align with the valued positions in the trading book investigating and resolving discrepancies between P L figures to ensure they reflect the true economic value of the trading portfolio Support the identification assessment and mitigation of trading risks and report on these financial risks to senior colleagues Maintenance and analysis of the bank s trading data ensuring its accuracy completeness and consistency and provision of insights to traders and senior colleagues on trading performance Preparation and submission of regulatory reports to authorities and provision of support to external audits including addressing auditor queries and ensuring trading activities are appropriately reflected in financial statements Effective communication of complex financial information to traders risk professionals senior colleagues and external stakeholders Cross functional collaboration to ensure a coordinated approach to trading activities Analyst Expectations To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement Requires in-depth technical knowledge and experience in their assigned area of expertise Thorough understanding of the underlying principles and concepts within the area of expertise They lead and supervise a team guiding and supporting professional development allocating work requirements and coordinating team resources If the position has leadership responsibilities People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard The four LEAD behaviours are L - Listen and be authentic E - Energise and inspire A - Align across the enterprise D - Develop others OR for an individual contributor they develop technical expertise in work area acting as an advisor where appropriate Will have an impact on the work of related teams within the area Partner with other functions and business areas Takes responsibility for end results of a team s operational processing and activities Escalate breaches of policies procedure appropriately Take responsibility for embedding new policies procedures adopted due to risk mitigation Advise and influence decision making within own area of expertise Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to Deliver your work and areas of responsibility in line with relevant rules regulation and codes of conduct Maintain and continually build an understanding of how own sub-function integrates with function alongside knowledge of the organisations products services and processes within the function Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function Make evaluative judgements based on the analysis of factual information paying attention to detail Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents Guide and persuade team members and communicate complex sensitive information Act as contact point for stakeholders outside of the immediate function while building a network of contacts outside team and external to the organisation All colleagues will be expected to demonstrate the Barclays Values of Respect Integrity Service Excellence and Stewardship - our moral compass helping us do what we believe is right They will also be expected to demonstrate the Barclays Mindset - to Empower Challenge and Drive - the operating manual for how we behave



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