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BA4

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Barclays

16d ago

  • Job
    Full-time
    Mid & Senior Level
  • Accounting & Tax
    Banking & Finance
  • Chennai

AI generated summary

  • You must have the legal right to work, disclose any sponsored visa status, and ensure compliance with visa regulations to avoid application withdrawal.
  • You will reconcile daily P&L, assess trading risks, maintain trading data, prepare regulatory reports, communicate financial insights, and collaborate across functions for trading activities.

Requirements

  • - Legal Right to Work in any role that you apply for
  • - Declaration if you currently hold a work visa sponsored by Barclays or require sponsorship from Barclays
  • - Sponsored visas are role and entity specific and any changes must be reviewed
  • - Ensure you are working on the correct visa at all times
  • - Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time

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 primary purpose of the BA4 - Product Control role?

The primary purpose 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 some key accountabilities of this role?

Key accountabilities include reconciliation of daily profit and loss figures for trading desks, support in identifying and mitigating trading risks, maintenance and analysis of trading data, preparation and submission of regulatory reports, effective communication of financial information, and cross-functional collaboration.

What skills are crucial for success in this role?

Key skills include risk and controls, change and transformation, business acumen, strategic thinking, digital and technology skills, and job-specific technical skills.

Is experience in financial reporting required for this position?

Yes, experience in preparing financial reports and submitting regulatory reports to authorities is required.

Does this job require strong communication skills?

Yes, effective communication of complex financial information to various stakeholders is essential for this role.

What are the expectations regarding teamwork in this role?

The role expects partnership and collaboration with other functions and business areas, taking responsibility for the team's operational processing, and influencing decision-making within one's area of expertise.

What values are important for employees at Barclays?

Employees 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.

Do I need to disclose my visa status when applying?

Yes, you must declare your visa status and whether you require sponsorship, as it is crucial for your application process.

How will I be assessed for this role?

You may be assessed on critical skills such as risk and controls, business acumen, strategic thinking, and specific technical skills relevant to the job.

Barclays

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.