Cost of Income Financial Operations AVP

Step into the role of AVP in the Cost of Income Financial Operations team, you will be part of a group of specialised individuals delivering management information and analysis to help the business understand trading expenses. The team partners with trading desks globally across all asset classes within Global Markets. You will help to increase transparency of trading expenses and ensure costs are accrued and allocated accurately and on time, in line with established controls and governance

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

• Prepare, review and process cost accruals and allocations, ensuring completeness, accuracy and timely delivery

• Analyse large datasets (trading volumes and cost drivers) across asset classes to identify and quantify trade-related costs

• Provide clear and concise communication of findings to senior stakeholders, including Trading desks and Business Managers

• Support the design, build and ongoing enhancement of management information and reporting (MIs)

• Build and maintain effective working relationships across Trading, Business Management, Operations, Finance, etc.

• Develop and maintain a working knowledge of the trading-venue landscape and how it interacts with Barclays trading desks.

Desirable skills sets:

• A positive, solutions-focused approach

• Strong ownership mindset, with the ability to work independently and operate with a robust control focus

• Experience producing reporting and communicating financial information to senior stakeholders

• Ability to identify control and process gaps, escalate appropriately, and drive continuous improvement

• Strong analytical capability, with advanced MS Office skills; and/or other reporting and analytics tools is beneficial

• A high level of integrity and a commitment to acting in the best interests of the firm

• Relevant experience in Markets Operations/ Product Control/ Cost of Income, with the ability to apply this knowledge to drive outcomes

• Knowledge of P&L and balance sheet substantiation, including month-end close processes

• Understanding of the front-to-back trade lifecycle

• Working knowledge of Alteryx

• Exposure to multiple asset classes and familiarity with trading expense drivers

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

This role is based in Pune.

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.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• 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 will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders to achieve outcomes.

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.