Barclays Chennai Hiring Analyst SP Product Control | Accounting Role

Purpose of the Role

This role oversees the financial side of trading activities, ensuring the accuracy and integrity of the bank's trading book, compliance with regulatory requirements, and insights into trading performance.

Accountabilities

• Reconcile daily profit and loss (P&L) figures for trading desks against the valued positions in the trading book, investigating and resolving differences so they reflect the true economic value of the portfolio.
• Support the identification, assessment and mitigation of trading risks, and report these financial risks to senior colleagues.
• Maintain and analyse trading data, ensuring it is accurate, complete and consistent, and provide insights to traders and senior colleagues on trading performance.
• Prepare and submit regulatory reports to authorities, and support external audits, including answering auditor queries and making sure trading activities are properly reflected in financial statements.
• Communicate complex financial information clearly to traders, risk professionals, senior colleagues and external stakeholders.
• Collaborate across functions to keep trading activities coordinated.

Analyst Expectations

• Carry out prescribed activities in a timely manner, to a high standard, driving continuous improvement.
• Bring in-depth technical knowledge and experience in your assigned area of expertise.
• Build a thorough understanding of the underlying principles and concepts in your area.
• People leaders guide and support professional development, allocate work and coordinate team resources, and demonstrate the four LEAD behaviours: Listen and be authentic, Energise and inspire, Align across the enterprise, and Develop others.
• Individual contributors develop technical expertise in their work area and act as an advisor where appropriate.
• Influence the work of related teams within the area and partner with other functions and business areas.
• Take responsibility for the end results of a team's operational processing and activities.
• Escalate policy or procedure breaches appropriately, and embed new policies and procedures adopted for risk mitigation.
• Advise and influence decision making within your area of expertise.
• Own risk management and control strengthening for the work you handle, delivering in line with relevant rules, regulations and codes of conduct.
• Keep building an understanding of how your sub-function fits into the wider function, and of the organisation's products, services and processes.
• Make evaluative judgements based on factual analysis, paying close attention to detail.
• Solve problems by selecting solutions drawn from technical experience and precedent.
• Guide and persuade team members and communicate complex or sensitive information.
• Act as a contact point for stakeholders outside the immediate function, and build a network of contacts inside and outside the organisation.

All colleagues are expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship, and the Barclays Mindset to Empower, Challenge and Drive.

Role Overview

You will work with the Line PC team on the completeness and accuracy of the books and records, covering P&L (Profit & Loss) and Balance Sheet substantiation and reporting. You will monitor trading activity for compliance with related policies and give management technical and operational analysis of the business unit.

You will work closely with Front Office business, Financial Control, Technical Accounting Group, PC Change Management, Technology and other infrastructure areas.

Key critical skills assessed for this role include risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, and job-specific technical skills.

This role is based out of Chennai and Pune.