Barclays - VP - Macro Control & Governance Analyst

Job Title : Macro Control & Governance Analyst

Corporate Grade : VP

Reports to (Line Manager's Job Title) : Director

Direct Reports (if applicable) : NA

Business Area : Investment Bank

Department/Function Level 1 : Global Markets Mumbai

Department/Function Level 2 : Macro

Primary Location : Mumbai

About Barclays : 

- Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US. Our goal is to become the bank of choice by providing superior services to customers and clients and supporting our stakeholders via a commercially successful business that generates long-term sustainable returns.

- Our two clearly defined divisions, Barclays UK and Barclays International, provide diversification by business line, geography and customer, enhancing financial resilience and helping to contribute to the delivery of consistent returns through the business cycle. We have a strong core business with exciting prospects, well positioned to deliver long-term value for our shareholders.

- Consistent with the objective of delivering long-term sustainable value for all our stakeholders, we have developed our Shared Growth Ambition - our approach to citizenship and the sustainability of the business model we operate. The aim is to make decisions and do business that provides our clients and customers, and the communities which we serve, with access to a prosperous future.

- The delivery of our strategy is underpinned by the energy, commitment and passion of our people, and we are clear on our common purpose: to help people achieve their ambitions, in the right way.

About Barclays India Employee Value Proposition : 

At Barclays, each day is about being more - as a professional, as a person. The statement - Be More @ Barclays- represents our core promise to all current and future employees. It is the characteristic that we want to be associated with as an employer, and therefore is at the heart of every employee experience. Following are the four supporting pillars of our employee value proposition:

- Be More Globally Connected

- Be More Inspired

- Be More Impactful

- Be More Valued

For further information on EVP, please click on the link below

https://now.barclays.com/WCP/content/intranet/en/functions/operations-and-technology/global-service-centre/EVP.html

About Macro trading : 

- Barclays has long been a recognised leader in rates and foreign exchange products, and we combine this strength with our focused commodities derivatives and local emerging markets businesses. Our teams, based in financial hubs across the globe, can assist clients with anticipating the impact of macro market moves and events on their portfolios. For example, the impact of central bank interest rate decisions on currency markets, or the relationship between the price of oil and the performance of emerging market currencies.

- We strive to give clients the critical short-term and thematic insights they need to effectively manage their portfolios, and partner with them to structure, buy and sell products to meet their hedging and investment goals. Our trading desks specialise in understanding flows across rates, FX and commodities markets, including:

- Government bonds

- Interest rate derivatives

- Inflation-linked products

- Spot foreign exchange

- Forwards and options

- Financial oil

- US financial gas

- Index products

About Marco Business management team : 

Macro business management team is responsible for controlling various aspects of macro business like the revenues, risk weighted assets, headcount, ROE, etc. The team conducts various business review meetings with the respective sub-business heads to review their performance and provide strategic guidance. The team also is responsible for ensuring controls are not only executed in line with firm's rules and regulation but there is evidence to show the same.

 Overall purpose of role :

- The candidate would be leading the Macro MI & Control and Governance teams in Mumbai.

- Macro Controls & Governance team, Mumbai is responsible for producing Governance & Control Decks, Product Governance including suitability and benchmark, Operational risk events reporting, Regulatory Compliance Evidencing and related MI.

- Macro MIS & Analytics team in Mumbai is responsible for producing business critical MIS reports, Business Strategy presentations, Business Performance reviews, Revenue Forecasting Models, Budgeting Models and performing ad-hoc customized analysis

Key Accountabilities : 

- Lead the Macro MI and Control & Governance team

- Understand the Macro global business and its MI and Control & Governance requirements

- Have in depth understanding of all the process owned by the two teams and ensure that all tasks are done accurately and timely

- Ensure work up gradation of the team and increase in value addition by teams for other regional front office desks

- Be Individually responsible for some of key Product Governance projects and Business MI analysis

- Ensure cross training and knowledge transfer within the team

Stakeholder Management and Leadership :

- The candidate would need to interact with business managers, trading desks and supporting infrastructure and control teams spread worldwide as Barclays Macro business encompasses all the regions globally.

Decision-making and Problem Solving :

- The candidate will have to be proactive in identifying issues and getting them resolved by aliasing with various stakeholders

- The candidate needs to work on several time sensitive activities and hence is required to be meticulous and efficient

- The candidate should have great eye for detail and should ensure that he/she meets the zero error tolerance requirement as most output forms a critical input for business decision making

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.

Person Specification : 

Personal attributes essential to performing role including competencies, expertise, knowledge, and experience.

Essential Skills/Basic Qualifications :

- Excellent understanding of Macro Business and financial markets

- Strong Regulatory expertise - an in-depth understanding of the high-level regulatory framework and overall construct as well as detail of specific rules and regulations and how they apply to the business

- Prior Control & Governance and general Team management experience

- Strong analytical and communication skills

- Strong Microsoft Office skills (including writing high quality PowerPoint presentations; proficient with Excel and Word)

- Experience of stakeholder management and the ability to meet tight deadlines and prioritise tasks

Desirable skills/Preferred Qualifications : 

- Experience of Business MI production

Purpose and Values :

- Barclays has a single cross-business Purpose for Barclays and five core Values which underpin it.

- Our Purpose is helping people achieve their ambitions in the right way. Put simply this is the answer to the question - What is Barclays for?- and it should guide our every action as employees.

Respect :

We respect and value those we work with, and the contribution that they make.

Integrity : 

We act fairly, ethically and openly in all we do.

Service :
 
We put our clients and customers at the centre of what we do.

Excellence : 

We use our energy, skills and resources to deliver the best, sustainable results.

Stewardship : 

We are passionate about leaving things better than we found them.