Barclays Hiring Financial Control Analyst in Mumbai | Apply

Job Description

This role manages financial operations and supports the accuracy, integrity, and reliability of financial reporting within the organisation.

Purpose of the Role

Responsible for overseeing financial activities and ensuring financial statements and reporting processes remain accurate and compliant with regulatory standards.

Accountabilities

• Prepare and present accurate and timely financial statements and accounting records in accordance with applicable accounting standards, rules, and regulations.
• Assist in identifying, assessing, and mitigating financial risks, and report risk observations to senior colleagues.
• Develop and maintain strong internal control systems to safeguard assets, prevent misreporting, and ensure the accuracy of financial data.
• Regularly review internal control effectiveness and address gaps or weaknesses when identified.
• Create and maintain financial policies and procedures to ensure consistent financial practices across the organisation.
• Support the selection, implementation, and maintenance of financial systems and related software, working closely with technology teams to integrate systems.
• Prepare and submit statutory and regulatory reports, and assist other teams in reviewing regulatory submissions.
• Coordinate with external auditors and regulatory authorities during audits and examinations.

Analyst Expectations

• Complete assigned tasks on time and maintain high standards while encouraging continuous improvement.
• Develop strong technical understanding of the assigned functional area.
• Apply knowledge of principles and concepts relevant to the role when performing responsibilities.
• Where applicable, guide team members, allocate tasks, and support professional development.
• Contribute to the performance of related teams and collaborate with different functions and business areas.
• Take responsibility for operational outcomes within the team and escalate policy or procedural breaches appropriately.
• Support the adoption of new policies or procedures introduced for risk mitigation.
• Provide informed input to decisions within the area of expertise.
• Manage risk effectively and ensure activities comply with relevant regulations, policies, and codes of conduct.
• Maintain understanding of how the sub function integrates with the wider organisation and its products and services.
• Use factual information and detailed analysis to make evaluative judgements and resolve problems.
• Communicate complex information clearly and guide team members where necessary.
• Act as a point of contact for stakeholders outside the immediate team and build professional networks internally and externally.

All colleagues are expected to demonstrate the Barclays values of Respect, Integrity, Service, Excellence, and Stewardship, along with the Barclays mindset to Empower, Challenge, and Drive.

Role Overview

As an Analyst in Finance, you will manage RBI regulatory reporting across retail, corporate, and investment banking businesses. The role includes ensuring compliance with financial control requirements and capital adequacy regulations.

Essential Qualifications

• Qualified Chartered Accountant.
• Strong knowledge of Reserve Bank of India regulations applicable to foreign banks in India across retail, corporate, and investment banking products.
• Understanding of RBI requirements related to Basel III, capital adequacy, ALM norms, and treasury reporting.

Preferred Skills

• Understanding of internal financial controls affecting regulatory returns.
• Ability to take ownership of issues and drive them to resolution.