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Barclays

14d ago

  • Job
    Full-time
    Mid Level
  • Chennai

AI generated summary

  • You must ensure accurate trading book data, reconcile P&L figures, assess financial risks, prepare regulatory reports, and communicate insights effectively with various stakeholders.
  • You will reconcile daily P&L figures, assess trading risks, maintain trading data, prepare regulatory reports, communicate financial information, and collaborate across functions.

Requirements

  • To oversee the financial aspects of trading activities, ensuring the accuracy and integrity of the bank's trading book, maintenance of compliance with regulatory requirements, and provision of insights into trading performance.
  • Reconciliation of daily profit and loss (P&L) figures for trading desks to ensure they align with the valued positions in the trading book, investigating and resolving discrepancies between P&L figures to ensure they reflect the true economic value of the trading portfolio.
  • Support the identification, assessment, and mitigation of trading risks, and report on these financial risks to senior colleagues.
  • Maintenance and analysis of the bank’s trading data, ensuring its accuracy, completeness and consistency, and provision of insights to traders and senior colleagues on trading performance.
  • Preparation and submission of regulatory reports to authorities, and provision of support to external audits including addressing auditor queries and ensuring trading activities are appropriately reflected in financial statements.
  • Effective communication of complex financial information to traders, risk professionals, senior colleagues, and external stakeholders.
  • Cross functional collaboration to ensure a coordinated approach to trading activities.

Responsibilities

  • Reconciliation of daily profit and loss (P&L) figures for trading desks to ensure they align with the valued positions in the trading book, investigating and resolving discrepancies between P&L figures to ensure they reflect the true economic value of the trading portfolio.
  • Support the identification, assessment, and mitigation of trading risks, and report on these financial risks to senior colleagues.
  • Maintenance and analysis of the bank’s trading data, ensuring its accuracy, completeness and consistency, and provision of insights to traders and senior colleagues on trading performance.
  • Preparation and submission of regulatory reports to authorities, and provision of support to external audits including addressing auditor queries and ensuring trading activities are appropriately reflected in financial statements.
  • Effective communication of complex financial information to traders, risk professionals, senior colleagues, and external stakeholders.
  • Cross functional collaboration to ensure a coordinated approach to trading activities.

FAQs

What is the main purpose of the Analyst role?

The main purpose of the Analyst role is to oversee the financial aspects of trading activities, ensuring the accuracy and integrity of the bank's trading book, compliance with regulatory requirements, and provision of insights into trading performance.

What are the key accountabilities of the Analyst position?

The key accountabilities include reconciling daily profit and loss figures, supporting the identification and mitigation of trading risks, maintaining and analyzing trading data, preparing regulatory reports, communicating complex financial information, and collaborating cross-functionally.

What are the expectations for someone in the Analyst role?

Expectations include impacting the work of related teams, partnering with other functions, taking responsibility for team outcomes, escalating policy breaches, advising on decision-making, managing risk, maintaining knowledge of the organization, and communicating effectively with various stakeholders.

Will this role involve communication with external stakeholders?

Yes, the role will involve effective communication of complex financial information to external stakeholders among others.

What kind of reports will the Analyst be responsible for?

The Analyst will be responsible for the preparation and submission of regulatory reports to authorities and supporting external audits.

Are there specific values expected to be demonstrated by colleagues in this role?

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

Is risk management a significant part of the Analyst role?

Yes, risk management is significant as the Analyst is expected to take ownership in managing risk and strengthening controls related to their work.

How is teamwork encouraged in this position?

Teamwork is encouraged through cross-functional collaboration and effective communication, as well as partnering with other functions and business areas.

What type of information will the Analyst be required to analyze?

The Analyst will be required to analyze trading data to ensure its accuracy, completeness, and consistency, as well as making evaluative judgments based on factual information.

How does this role contribute to the overall objectives of the organization?

This role contributes by ensuring that trading activities are accurately reflected, risks are mitigated, and insights on trading performance are provided, all of which help achieve the objectives of the organization's sub-function.

Finance
Industry
10,001+
Employees
1690
Founded Year

Mission & Purpose

Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 83,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. Barclays is a trading name of Barclays Bank PLC and its subsidiaries. Barclays Bank PLC is registered in England and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England. Registered No. 1026167. Registered office: 1 Churchill Place, London E14 5HP.