Operations Analyst - Mega

Join us as a Operations Analyst - Mega , where you will support the business in achieving its targets while ensuring adherence to regulatory requirements, internal policies, and operational standards. In this role, you will help ensure quality deliverables within defined turnaround times while safeguarding the bank’s interests through effective credit documentation, compliance checks, and operational controls.

Where you will:

• Prepare and review credit documentation, including sanction letters, facility agreements, and security documents to ensure all approved sanction conditions and credit covenants are accurately captured.
• Coordinate with legal teams to amend existing documentation or prepare new credit documents in line with sanction terms.
• Review executed documentation in accordance with corporate authorities of borrower and guarantor entities.
• Ensure all legal, compliance, and credit approvals are in place before issuing draft documents to borrowers.
• Calculate drawing power (DP) to ensure adequate limits are available for borrowers to draw down facilities.
• Coordinate with treasury and business teams to make limits available for disbursements.
• Review security perfection for each facility granted to borrowers and escalate documentation discrepancies to the front office for resolution.
• Conduct regular reconciliation of pledged securities, both internally and with external stakeholders such as PMRs and AMCs.
• Maintain and circulate MIS reports to relevant stakeholders.
• Digitally sign statutory forms on Registrar of Companies and government portals to ensure security creation in favour of the bank.
• Ensure safe custody of documentation and adherence to regulatory requirements before and after limit activation.
• Support audits by ensuring timely resolution of audit observations across statutory, concurrent, regulatory, and internal audits.

To be successful in this role, you should:

• Demonstrate strong analytical and problem-solving skills with the ability to identify operational risks and implement control improvements.
• Possess the ability to work accurately under pressure, managing multiple priorities while maintaining attention to detail.
• Show strong stakeholder management capabilities, working closely with credit, coverage, compliance, legal, treasury, and product teams.
• Be proactive in identifying opportunities to enhance processes and automate manual activities.
• Demonstrate flexibility to adapt to rapidly changing business requirements while ensuring operational accuracy.

Essential Skills / Basic Qualifications:

• Graduate or Postgraduate degree in any discipline
• Strong IT skills to extract and analyse a wide variety of reports
• Understanding of trade finance products and lending products
• Basic understanding of credit risk frameworks, exposure guidelines, and policy standards

Desirable Skills / Preferred Qualifications:

• Good knowledge of lending products such as Loan Against Marketable Securities (LAMs) and Short-Term Loans (STL)
• Familiarity with regulatory circulars and updates
• Experience in credit documentation preparation and execution processes

You may be assessed on the key critical skills relevant for success in role, such as:

• Credit documentation and operational accuracy
• Analytical thinking and problem-solving capabilities
• Stakeholder management and cross-team collaboration
• Risk awareness and control mindset
• Attention to detail and ability to deliver within defined turnaround times

Job location is Mumbai.

Purpose of the role

To support business areas with day-to-day processing, reviewing, reporting, trading and issue resolution. 

Accountabilities

• Support various business areas with day-to-day initiatives including processing, reviewing, reporting, trading, and issue resolution.
• Collaboration with teams across the bank to align and integrate operational processes.
• Identification of areas for improvement and providing recommendations in operational processes.
• Development and implementation of operational procedures and controls to mitigate risks and maintain operational efficiency.
• Development of reports and presentations on operational performance and communicate findings to internal senior stakeholders.
• Identification of industry trends and developments to implement best practice in banking operations.
• Participation in projects and initiatives to improve operational efficiency and effectiveness.

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.