Job Description

Job Title Assistant Manager - RFT Data Operations
Location: Chennai About Barclays
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. Risk and Control Objective
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.

Working Flexibly
We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life.
If you would like some flexibility, then please discuss this with the hiring manager.
Introduction:

• Reconcile the On and Off Balance sheet risk data used for RWA computation against Finance data (ledger balances) with authoritative data sources to ensure completeness and accuracy. Facts to reconcile like drawn and undrawn balances, MTM, collateral and notional value per controls defined within BCBS239 principles. Reconcile treasury data used for interest rate risk compuation against Finance data (ledger balances) with authoritative data sources to ensure completeness and accuracy.
• Identify breaks in those reconciliations and explain those breaks by securing evidences to substantiate the explanation from Finance & Risk Stakeholders.
• Summarize and present the reconciliation output to Senior Stakeholder with a month-on-month movement analysis.
• Monitor data feeds that contain CS01, IR01, PnL vectors required for simulating DvaR submitted to PRA on a daily basis. Monitoring includes Stakeholder interaction to resolve feed issues and manage exceptions with Market Risk Managers.
• Identify critical data quality issues on the risk and finance data. Highlight to AVP with a mindset to strengthen the reconciliation and its control.
• Maintain a strong operational and functional documentation of the reconciliation and ensure regular review and enhancements are made with scenarios faced month-on-month.

What will you be doing?

• Perform the reconciliation with utmost integrity and work with Stakeholders in Risk Information Services, Treasury finance and other finance teams to produce the reconciliation output for monthly submissions. Execute non reconciliation data input controls and work with Stakeholders in RTB and BTB to provide timely inputs for Market risk mangers to make daily decisions.
• Own the identification and development of the key data validation and its health required by risk and treasury functions by engaging with multiple upstream and downstream data providers.
• Own the maintenance of operating procedures to define and improve the function’s processes.
• Build subject matter expertize in the flow of data consumed in the reconciliation and also the impact of the reconciliation in downstream process.

What we’re looking for:

• 5-6 years of work experience with a fundamental understanding of wholesale and investment banking products like loans, deposits, derivatives (forward, futures & options) and securities financing transactions (bonds, debt securities).
• Expert level understanding of accounting principles that determine balances in the ledger across various Balance sheet headers.
• Expert level understanding of regulatory and non-regulatory controls and its importance in financial services. Degree and relevant experience within comparable banking environment, preferably in control roles within Risk, Finance or Treasury.
• Strong problem solving ability & analytical skills to factually decipher accounting balances impacting financial statements.
• Strong understanding of front to back system architecture and E2E processes and controls.
• Proactive and willing to take full ownership of deliverables. Proven ability to deal with large data sets (e.g. excel files).
• Ability to handle time critical activities and balance priorities to meet tight deadlines.

Skills that will help you in the role:

• Strong/Excellent verbal and written communication skills, able to clearly articulate complicated issues to management and other impacted areas and ensure timely resolution of breaks and issues.
• Passionate about continuous improvements, and using their network of contacts to improve their personal and team performance. Identify areas for process improvement and ensure successful delivery of projects.
• Proven ability to network and build rapport and credibility quickly with a variety of key stakeholders (FO, Ops Senior Management, IT, Risk Information Services).
• Strong analytical skills required to perform complex analysis on the volumes and process flow to identify the root cause.
• Ability to cope with change and very tight deadlines.

Where will you be working?
Chennai Be More at Barclays
At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details. Purpose, Values and Mindset

We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.
Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship. Respect
We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution. Integrity
We operate with honesty, transparency and fairness in all we do. Service
We act with empathy and humility, putting the people and businesses we serve at the centre of what we do. Excellence
We champion innovation, and use our energy, expertise and resources to make a positive difference. Stewardship
We prize sustainability, and are passionate about leaving things better than we found them.
Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive. Empower
Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure. Challenge
Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints. Drive
Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.