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Date live: Oct. 15, 2024

Business Area: See job description

Area of Expertise: Early Careers

Reference Code: JR-0000005616

Contract: Intern

Additional Job Description

Essential Skills/Basic Qualifications:

  • Cleared the ICAI Intermediate (Professional Competence) Examination or Professional Education (Examination-II) or Intermediate examination.
  • Should be available for a minimum of 15 months of CA Articleship at the point of application of this role.
  • Basic/Working Knowledge of key areas in Financial processes and risk relevant to banks books and ledger.  Understanding of operations, technology, data, risk and Finance (including IFRS) will be an added advantage
  • Experienced with MS office toolkit (Word, PPT, Excel, Access Database etc).
  • Excellent communication and presentation skills in both formal and informal settings & ability to interact with the region and UK / US as part of a global team (written and verbal)

Desirable skills/Preferred Qualifications:

  • Basic knowledge of internal control and regulatory requirements & practice e.g. Turnbull, Sarbanes-Oxley, COSO, COBIT, ITIL.
  • Articleship experience in mid-large size firms in the areas of Financial / Audits / Risk.  Exposure in large financial institutions / banks preferred
  • Experience of working in SAP financial accounting would be an added advantage.

Purpose of the role

To develop and implement the bank's financial plans and stress testing methodologies by assessing the bank's resilience under various economic scenarios.  

Accountabilities

  • Development and implementation of stress testing methodologies and analysis of the results to identify potential vulnerabilities, assess capital adequacy, and inform risk mitigation strategies.
  • Management of the bank's financial risks, including development and implementation of risk management strategies and communication of financial risks to relevant stakeholders.
  • Analysis of the bank's capital position and assessment of its ability to meet regulatory capital requirements, development of capital management strategies to optimise capital utilisation and evaluation of the impact of capital allocation decisions on the bank's risk profile and financial performance.
  • Orchestration of process cycles for the Planning and Stress Testing FTC and project managing delivery of the Planning Process and stress tests).
  • Documentation of requirements prescribed by the Regulator, Process/Data Owner Tracking and reporting cycle progress via P&ST Steer Co, POC, Working Groups and the workflow tool.  .
  • Management of data, dataflows and data quality from contributors - input through to report submission.    .
  • Management of BAU systems to enable a quick outcome and iterative generation of Capital or Funding plans and separately drive process reengineering initiatives.    .
  • Ownership of the control's environment, standards, conformance, partnering with BIA to ensure the FTC meets its controls and governance objectives.   .
  • Provision of ongoing governance support including but not limited to Regulatory liaison, Group & BBUK Board engagement, Group Attestation & KPMG engagement.

Analyst Expectations

  • Execute work requirements as identified in processes and procedures, collaborating with and impacting on the work of closely related teams.
  • Check work of colleagues within team to meet internal and stakeholder requirements.
  • Provide specialist advice and support pertaining to own work area.
  • 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 all teams in area contribute to the objectives of the broader sub-function, delivering impact on the work of collaborating teams.
  • Continually develop awareness of the underlying principles and concepts on which the work within the area of responsibility is based, building upon administrative / operational expertise.
  • Make judgements based on practise and previous experience.
  • Assess the validity and applicability of previous or similar experiences and evaluate options under circumstances that are not covered by procedures.
  • Communicate sensitive or difficult information to customers in areas related specifically to customer advice or day to day administrative requirements.
  • Build relationships with stakeholders/ customers to identify and address their needs.

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.

More about working at Barclays