Assistant Vice President

Job Description

Job Title: Assistant Vice PresidentLocation: PuneAbout BarclaysBarclays 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 ObjectiveEnsure 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.Dynamic WorkingOur dynamic working programme has been set up to help Barclays colleagues achieve an optimal work/life balance. Arrangements we offer range from working at home and changing regular hours to taking career breaks. Our Dynamic Working initiatives support colleagues at all stages of their lives, helping them with parenthood, caring, further studies and hobbiesDynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives. If you have a need for flexibility, then please discuss this with the Hiring Manager.Introduction:We are looking for a high quality candidate to join the IB MO function. The role requires someone with extensive business knowledge, analytical and relationship skills, strategic mindset and programme management discipline to help drive the build-out of the function as well as support the broader department and organisation objectives.This is a challenging role requiring the successful individual to partner, coordinate and drives progress across global teams and different business areas as well as partner closely with key stakeholders and colleagues around the firm. This also presents an excellent opportunity to join a market leading organisation and business area and play an active part in driving the long-term development of the function in an area that is key to the future success of the financial services sector and at the heart of industry development and regulatory focus. What will you be doing

• The first and most important responsibility of the Team Lead is supporting the team. At Barclays, we value people as one of our greatest assets and so investing in people is critical to our success as a Middle Office and as a Bank. Support must be provided to the team members in all BAU and personal development. Act as the immediate escalation point for BAU and take the lead in resolving any associated matters from start of day to end of day. In doing this, make time to spend time with team members to ensure constant learning and development, for BAU / issues and also pushing for their own personal development, exposure and citizenship.
• The Team Lead needs to be in office five days per working week in order to provide full team support and optimal oversight. In addition the Team Lead is expected to be in office in a timely manner to manage any start of day issues such as system failures, and unresolved issues from the previous day. It s critical that the Team Lead is also in office for end of day in order to 1) double check and sign off all EOD processes 2) take the lead on any EOD issues to resolve and escalate effectively 3) call NYK IBMO to ensure smooth handover and answer any queries before leaving the office.
• The Team Lead is expected to have SME knowledge in every control and process and is also required to provide input to Global FX Head with NGI s (new growth initiatives), process development work, NAPA s etc.
• Key to the role is to understand the products we trade and incorporate in our controls and also 1) why we perform our controls, 2) the risk involved and 3) adding value to ensure we re working to be continually smarter in how we perform them.
• The Team Lead is expected to perform some daily BAU tasks daily to stay fresh with processes and controls. By performing BAU daily, the Team Lead should then provide a platform to the junior team for any personal development and training either online or through Markets Academy. The Team Lead should actively encourage personal development by taking on BAU so that team members have the opportunity to rise, in line with the Bank s Purpose. Suggesting courses for learning and also spending time with team members daily to constantly review processes to spot control gaps or smarter ways of performing them.
• The Team lead should not just understand our controls at a product level, but should understand them at a process level, i.e. the end to end and work with regional peers to align these processes globally so that we re serving our internal clients in a structured, consistent and simplified manner.
• Maintaining, understanding and enhancing our controls in order to mitigate Operational risk and help to meet our regulatory requirements is paramount to this role. Understanding the control environment we work in and the risks associated with not performing our responsibilities with the utmost diligence. The Team Lead should take responsibility for resolving all BAU issues.
• Understanding the roles, requirements of our clients both internal and external is critical. IBMO works alongside numerous different functional areas and we cannot operate in an IBMO silo, we need to understand what our clients needs are and ensure we operate in the right way to best serve them. Some examples of internal clients IBMO work with are TCU, Trading, PCG, Settlements, Confirmations and peers within IBMO in other asset classes.
• The Team Lead should work with Global head FX IBMO to ensure our costs are as lean as possible, trying to spot opportunities and suggest ways where we can automate, streamline and deliver cost saving to the IBMO budget where possible.
• In line with understanding the needs of our clients, it s extremely important the Team Lead actively collaborates with them too. Different forms of communication (email, call, face to face, meetings, conference calls) should be used to partner with different functional teams to ensure we are collectively working to leave things in a better state than we found them and also bringing knowledge back to the IBMO team and the Team Lead should lead the training on this too.

What we re looking for:

• Relevant banking experience (Middle Office, preferably in Rates)
• Understanding of Rates Markets and products including Derivatives. Advantageous to have the same experience for Rates too as we operate under on Macro team.
• Strong people management skills, leading by example and having the respect and support of the team and peers alike.
• Awareness and understanding of Regulation Changes
• Strong analytical skills and attention to detail
• Excellent focus on risk and control
• Proactive approach to problem solving and process improvement
• Confident and professional
• Enthusiastic and keen to learn
• Strong work ethic
• Self starter/Self motivator with the ability to organise and work independently as well as part of a team
• Proficient Microsoft Office Suite skills, Microsoft office proficient with VBA and macro knowledge desirable

Skills that will help you in the role:

• Close attention to detail
• Control Focused strong awareness of required control points & closing gaps that may become apparent
• Excellent communication skills for contact with FO, internal teams & external clients
• Adaptable to system & process change

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Keyskills :
middle officerisk managementproblem solvingmicrosoft officeoperational riskconsumer bankingequipment supplydevelopment workanalytical skillspeople managementmanagement skillsfinancial services