Associate

Join us as an "Associate" at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences.

To be successful as a "Associate", you should have experience with:
About India Corporate Operations

About Regulatory Reporting department

As part of the regulatory and supervisory functions bestowed on it, the Regulators in India collects various fixed format data (called 'Returns') from commercial banks, financial institutions, authorised dealers and non-banking financial institutions. This department is responsible for timely and accurate filing of Operations Returns to Regulator either directly or indirectly. This department is also accountable for preparation and oversight of various exposure reports for local and group Credit risk.

Overall purpose of role

The purpose of this role is to lead the Regulatory Reporting team in preparation, submission, and automation of Corporate & Investment Banking Regulatory returns for Corporate and Investment Bank Operations as well as exposure reports for local and group Credit risk team.

This role envisages team management, stakeholder management and maintain robust control environment.
- Managing and delivering solutions and effective decision making
- Liaise with respective Stakeholders (Finance, Credit, Coverage, BIU, Compliance, Legal, Internal & External Auditors, Risk Control Unit, Technology, Vendor partners etc) on an ongoing basis to meet Barclays deliverables and Internal, external customer requirements.
- To act as a role model for all our values as well as inspire, motivate the team, drive for results, and communicate powerfully and prolifically.
- To conduct periodic assessments of the Control environment by analysing existing controls and issue around timeliness accuracy and completeness of risk information. Identify missing or weak controls, and work with risk reporting teams and other infrastructure teams to improve the control environment.

Key Accountabilities

Management of Operations support activities:
Credit Reporting:

- Key responsibility includes accountability and oversight of preparation of various exposure reports basis the sanctioned and activated limits and drawdown captured in Core banking system,
- Accountability and oversight of manual reconciliation between various system extracts and financials of the bank (Trial Balance) and other reports.
- Timely follow-up with Internal stakeholders for data input and timely escalation.
- Timely contribute to decks submitted to banks Governance forums.
- Maintain effective and standard operational processes and documentation. Assist in preparing any other documentation as may be required from time to time.
- Partner with support functions to drive excellence, continuous improvement, and simplification of processes in a timely and professional manner.

Regulatory Reporting:

- Ensure that all returns and reports are delivered timely and accurately, SLAs are met, measured, and reported to stakeholders on agreed frequency.
- Accountable for reviewing of 100+ Regulatory Returns like CRILC, RLC, LEF, RAQ, DSB XII, PSL, Non-Resident Guarantee and Invocation data, CIC Reporting, RBS - (Tranche I, IA, IB, IC, ID, IE, IF, IG, IH II, III, Bank Profile), and any other returns as assigned from time to time.
- Timely issue management. Escalate open and aging issues as per the bank’s escalation metrics and follow-up for resolution. Timely contribute to decks submitted to banks various Governance forums.
- Ensuring that the regulatory filings are in line with the Regulatory guidelines and Barclays standards and policy.
- Training needs, familiarize team with the existing as well as any new regulatory guidelines pertaining to such reporting.
- Manage RBI ADF automation project & RBI CIMS project for the returns owned by Operations. Clearly understanding the Returns automation requirements, interacting with the Stakeholders, and reviewing of the BRDs.
- Reviewing the User Acceptance Testing from a functional point of view, for the defects raised if any and reviewing of the following up for closure.
- Maintain effective and standard operational processes and documentation. Assist in preparing any other documentation as may be required from time to time.
- Partner with support functions to drive excellence, continuous improvement, and simplification of processes in a timely and professional manner.
- Contribute to regulatory reporting compliance framework.

Stakeholder management and leadership.

Stakeholder Management and Leadership skills are critical components to the successful delivery of many activities required within this role.

Stakeholder Management
- Liaising with Technology on automation of Regulatory returns, preparation of BRDs and defining of logics.
- Liaising with Regulators for RBI ADF Project, RBI-CIMS Projects & any other submission