Dfx Setts Avp

**Job Title DFX Setts 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**

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**:
Pre and Post settlement for OTC Derivative trades
- Develop and manage operational relationships with our clients through pro-active reconciliation of pre-settlement and post-settlement of payments/receipts with each client.

**What we’re looking for**:

- Pre-confirm Derivatives settlements with internal and external counterparties

Source and request for SSI setup / amend of clients
- Perform matching of statements against ledgers
- Investigate Nostro breaks where ledgers/statements are unmatched
- Responsible for the effective management and resolution of discrepancies in relation to payments and receipts with clients. Role involves:

- Acting as the first point of contact for Premier clients. Use extensive knowledge of derivatives and the function as a whole to ensure exceptional client service is provided to the firm’s high value, or sensitive clients.
- Fostering excellent working relationship with internal counterparts (i.e. Desk, Sales team, Trade Support, Confirmations, Legal, Finance). Ability to negotiate effectively with all internal parties to ensure the team receives the necessary support to achieve its goals.
- Exercising strong judgement skills to make the necessary decisions to address client queries and ensuring all high-priority queries are escalated to the management immediately
- 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.
- Prepare Local and Global MIS for distribution to management
- Proactively cross train on all functions performed within the team and across the department to gain an in-depth understanding of the derivative products and processes in order to drive synergies within Post dfs.
- Initiate 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 AVP with a detailed breakdown to quantify the time/ headcount savings from the initiative
- Act as the key point of contact with stakeholders (i.e. Technology, Change Manager, Team AVP) in order to implement change

**What we’re looking for**:

- Strong understanding of the end-to-end processes in the Confirmations and/or Settlements area
- Experience gained in High Volume House and client service environment.
- Strong knowledge of Microsoft Excel
- Strong communication and negotiation skills in order to manage the relationship with Premier clients, fluent in English.

**Skills that will help you in the role**:

- Degree educated with experience in an OTC Derivatives environment.
- Extensive technical knowledge of the derivative products within remit

**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