Avp - Cash Equities Reconciliation

Job Title**:AVP - Cash Equities Reconciliation**

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

We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager.

**Introduction**:

- Client Financing Lead will be responsible for ensuring exposure risk is mitigated in accordance with specific controls
- Breaks Management for Client Financing trades
- Focus on keys controls to support this expanding business whilst allowing it to continue to develop.
- Perform deep-dive analysis and have the system knowledge and technical ability to pinpoint root cause(s)

**What will you be doing?**
- Working within a control focused environment, with processes that are performed at the highest level, minimising any operational risk and closing key breaks in a timely manner
- Manage and effectively resolve all Equity Finance queries from assigned client group within a pre-agreed period.
- Uphold the controls and procedures for the team, review and update as necessary.
- Build strong relationships with various Ops teams and Front office, so the ability to communicate issues/breaks with reasoned and detailed argument. This could be verbally or in writing
- Have the ability to comprehend and suitably respond to detailed enquiries from Global external clients, relating to complex trade positions and discrepancy resolution.
- Be able to make timely decisions relating to risk mitigation vs. client service when dealing with escalations from junior team members
- Overlay onto a process, roles and responsibilities, technology, inputs and outputs
- Overlay controls, metrics and key constraints at each stage of the process.
- Able to work with front to back functions, in collaborations with Technology and the Business to agree, prioritise and deliver solutions
- Able to understand the impact of FO on MO and Core Ops functions when introducing new products, new clients, new regulations, volume changes or the introduction of new technology
- Ability to assess impact of latest technology developments within context of Barclays' systems architecture, identifying new opportunities
- Understand Systems Change and Development protocols, have experience of partnering with Technology experts, both in-house and external, to implement change
- Skilled in identification and delivery of Process Automation e.g. identification of business case and implementation of Robotic solutions

**What we’re looking for**:

- Reconciliation experience
- Basic understanding for Securities lending and borrowing business
- Escalation Handling

**Skills that will help you in the role**
- Good with excel and Knowledge of Client Financing (Stock borrowing and lending).
- Client communication and service.

**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 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 be