Avp

Job Title: 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
Take ownership for managing risk and strengthening controls in relation to the work you do.

Working Flexibly

Hybrid Working
Structured hybrid role:
Introduction
- Manage the transitions related to cost of Income and ensure all KTs are received and escalate any issues and concerns to VP/Director
- Ensure monthly cost of income process run smoothly and maintain all the BAU activities related to cost of income including commentaries, investigate accrual Vs. Actuals variance analysis
- Ensure the maintenance of a strong internal control environment, review key controls: IaRs, SAP adjustment summary, OAOL related to cost of income, investigate the cost of income booking flows.
- Support the strategic initiatives related to cost if income.
- Manage the Trading/Business Manger’s Expectation for cost planning/budgeting

What will you be doing?
- Investigate Accrual vs. Actuals differences have necessary commentary.
- Ensure there is no significant O/U reported.
- Develop a sound understanding of Daily /Weekly /Monthly processes - “the what”, “the why” and “the how”.
- Periodical review of current cost allocation methodologies
- Attend to ad hoc queries from the traders and other infrastructure partners relating to various Trading costs.
- Prepare and present the Cost Management Information reports to Stakeholders which will give better visibility on Provision/Accrual rates.

Weekly / Monthly Responsibilities
- Ensure Month end process completed in time with accuracy.
- Month End adjustments and Balance Sheet Substantiation
- Perform key weekly & monthly reporting to senior management
- Attend to queries from internal and external audit and reviews and maintain key stroke documentations for key cost of Income processes, risk assessment and SOX documentation

Controls
- Ensure that a strong internal control environment is maintained at all times. Review key controls: Fx exposure, Approximate bookings, IUR, IaRs, Volcker excesses, STRs, SAP adjustment summary, OAOL
- Identify and drive process re-engineering and constantly challenge current processes for improvement and efficiency
- Raise any control weaknesses to the team. Brainstorm with the team to come up with an action plan.

Personal Traits
- Good financial product knowledge
- Appreciation and understanding of financial markets
- Experienced with MS office toolkit (Word, PPT, Excel, Access Database, Alteryx, Tableau, Python etc), especially advanced excel skills required.
- Experience in Alteryx and Tableau tools will be advantage.
- Be Self Motivated and Proactive to take initiative and improve the end product.
- Work well within the team and portray high standards of team work.
- Ask questions and challenge status quo. Do not assume that every current practice is the best practice. Question and satisfy yourself with the reasons for doing certain things in a certain way.
- Excellent communication and inter-personal skills

What we’re looking for:

- Experienced with MS office toolkit (Word, PPT, Excel, Alteryx, Tableau, Python, Access Access Database etc)
- Excellent communication and presentation skills in both formal and informal settings & ability to interact with the region and UK / US as part of a global team (written and verbal) Strong control awareness - in particular, the ability to identify and escalate potential control breakdowns and to streamline processes in an effective and efficient manner.
- Has the initiative and ability to break down problems into components parts and resolving them
- Attention to detail and analytical
- Confident and assertive manner
- Qualified accountant / CIMA or MBA from reputed institutes [post qualification exp of 6yrs+]

Skills that will help you in the role:

- CA/CFA / Masters in Finance / Financial Engineering would be an advantage
- Audit exposure in large financial institutions / banks preferred

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, t