Analyst - Treasury Risk and Analytics
- Recruiter
- Barclays
- Location
- Chennai, Tamil Nadu, India
- Salary
- Competitive salary
- Posted
- 13 Jan 2023
- Closes
- 02 Feb 2023
- Ref
- 90344536
- Approved employers
- Approved employer
- Job role
- Compliance/risk, Treasury
Job Title: Analyst - Treasury Risk and Analytics
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:
Responsible for the development of trading tools to support investment, hedging and liability management activities and play a support role in overseeing IT and QA change work impacting TFI. The role also provides analytical support to the traders and helps to develop TFI's risk control frameworks.
What will you be doing?
• Production of Daily Balance Sheet Flash reports for all the entities (BI, BUK and BBIE). This includes direct engagement with the TFI desks to explain the positions, analyzing their movements day-on-day and developing a deep understanding of the core drivers of the Treasury Balance sheet.
• Produce Projections/Outlooks/RWAs based on the assumptions provided by the TFI Trading desks to ensure month-end Spot Leverage Targets are met and communicate the results to the Front Office Stakeholders.
• Attend to queries from various stakeholders viz: Front Office, Liquidity Risk Reporting and Finance and ensure deliverables are made in agreed timelines. This will involve analyzing the breakdowns of various components of Balance sheet, RWAs and Liquidity Buffers.
• Work with Treasury Finance team to reflect the latest treasury transactions and also execute the Month-end, Quarter-end reconciliations with the actual balance sheet.
• Support standardization efforts and work on adhoc projects to add value to overall resource management process
• Support the R&A team in their role to shape IT strategy and prioritisation to achieve business objectives against a background of scarce IT resources. The role holder will assist in tracking and prioritization of IT development work.
• Engaging with multiple units across the Treasury space to understand trading requirements, maintaining constant visibility and open communication lines in the process.
• Supporting TFI and team members in technology projects (e.g. communicating requirements of TFI to business analysts, testing of new technology, and assisting the desk with adopting new technology).
• Interpret the MI demands and ensure MI is provided on a consistent, regular and reliable basis.
Over the next two year period, the successful candidate will provide support to the R&A team in delivering the following deliveries:
1. IBOR cessation and adoption of Risk Free Rates across Treasury.
2. The migration of the intra day risk platform from legacy to strategic systems and processes. This will be a significant delivery for the business, which usually has a multiple of market risk exposure than the rest of the bank combined.
3. Treasury Transaction Architecture delivery of strategic systems and operating model including market data consistency, trade representations, reconciliation of risk and P&L, reporting and flash P&L mechanisms.
4. Evolution of the Hypercube Reporting platform, critical to the TFI business.
5. Involvement in commitments to support delivery of Hedge Accounting to the Treasury functions in the US and Asia.
What we're looking for:
• Undergraduate or equivalent degree. Strong preference is for a degree in a numerical discipline.
• Demonstrable understanding of technology and/or business processes.
• Subscribes to and can demonstrate Barclays Values and Mindset.
• Good communication skills
• Intellectual honesty and curiosity.
Skills that will help you in the role:
• Markets (Fixed Income/Treasury Product) background is desirable - e.g. Front office trading, risk management of trading book, or technology support for FO team.
• Proficient IT skills and willingness to learn are essential. One or more of SQL, Python, VBA, R knowledge is desirable.
• Ability to work independently and deliver with accuracy and attention to detail.
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.
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:
Responsible for the development of trading tools to support investment, hedging and liability management activities and play a support role in overseeing IT and QA change work impacting TFI. The role also provides analytical support to the traders and helps to develop TFI's risk control frameworks.
What will you be doing?
• Production of Daily Balance Sheet Flash reports for all the entities (BI, BUK and BBIE). This includes direct engagement with the TFI desks to explain the positions, analyzing their movements day-on-day and developing a deep understanding of the core drivers of the Treasury Balance sheet.
• Produce Projections/Outlooks/RWAs based on the assumptions provided by the TFI Trading desks to ensure month-end Spot Leverage Targets are met and communicate the results to the Front Office Stakeholders.
• Attend to queries from various stakeholders viz: Front Office, Liquidity Risk Reporting and Finance and ensure deliverables are made in agreed timelines. This will involve analyzing the breakdowns of various components of Balance sheet, RWAs and Liquidity Buffers.
• Work with Treasury Finance team to reflect the latest treasury transactions and also execute the Month-end, Quarter-end reconciliations with the actual balance sheet.
• Support standardization efforts and work on adhoc projects to add value to overall resource management process
• Support the R&A team in their role to shape IT strategy and prioritisation to achieve business objectives against a background of scarce IT resources. The role holder will assist in tracking and prioritization of IT development work.
• Engaging with multiple units across the Treasury space to understand trading requirements, maintaining constant visibility and open communication lines in the process.
• Supporting TFI and team members in technology projects (e.g. communicating requirements of TFI to business analysts, testing of new technology, and assisting the desk with adopting new technology).
• Interpret the MI demands and ensure MI is provided on a consistent, regular and reliable basis.
Over the next two year period, the successful candidate will provide support to the R&A team in delivering the following deliveries:
1. IBOR cessation and adoption of Risk Free Rates across Treasury.
2. The migration of the intra day risk platform from legacy to strategic systems and processes. This will be a significant delivery for the business, which usually has a multiple of market risk exposure than the rest of the bank combined.
3. Treasury Transaction Architecture delivery of strategic systems and operating model including market data consistency, trade representations, reconciliation of risk and P&L, reporting and flash P&L mechanisms.
4. Evolution of the Hypercube Reporting platform, critical to the TFI business.
5. Involvement in commitments to support delivery of Hedge Accounting to the Treasury functions in the US and Asia.
What we're looking for:
• Undergraduate or equivalent degree. Strong preference is for a degree in a numerical discipline.
• Demonstrable understanding of technology and/or business processes.
• Subscribes to and can demonstrate Barclays Values and Mindset.
• Good communication skills
• Intellectual honesty and curiosity.
Skills that will help you in the role:
• Markets (Fixed Income/Treasury Product) background is desirable - e.g. Front office trading, risk management of trading book, or technology support for FO team.
• Proficient IT skills and willingness to learn are essential. One or more of SQL, Python, VBA, R knowledge is desirable.
• Ability to work independently and deliver with accuracy and attention to detail.
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.