Job Description

Purpose of the role

To oversee the financial aspects of trading activities, ensuring the accuracy and integrity of the bank's trading book, maintenance of compliance with regulatory requirements, and provision of insights into trading performance.

Accountabilities

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.

Assistant Vice President Expectations

To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
Take ownership for managing risk and strengthening controls in relation to the work done.
Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

As a Barclays Europe Product Controller AVP you will oversee key PC controls for Barclays Europe Markets & Banking, partnering with trading and infrastructure teams across India, the UK, and the US.

Key Accountabilities

Be the point of Barclays Europe accountability for the output of key PC controls and services for Markets and Banking portfolios.

Manage and run daily P&L reporting and commentary for trading desks in Barclays Europe.

Attend to queries from traders and other infrastructure partners related to trading revenue and balance sheet.

Partner with the trading teams on key initiatives, including the ongoing build of Barclays Europe’s Markets businesses.

Drive insightful and compelling analysis of financial and control metrics for Barclays Europe Markets & Banking, leading to better management understanding of the dynamics of the trading and banking businesses.

Review key weekly & monthly reporting to senior management and regulators.

Stakeholder Management and Leadership

Represent Product Control in interactions with senior traders and key stakeholders within Barclays Europe Markets & Banking.

Form a close working relationship with the Product Control teams in US, London and Chennai in order to ensure a smooth and seamless delivery of workflow and services.

Form close working relationships with the wider Barclays Europe Finance teams in Dublin and Europe.

Essential Skills/Basic Qualifications:

Strong interest in trading strategies, financial products and markets.

Proven ability and appetite to learn new skills.

A strong understanding of French GAAP and some understanding of IFRS accounting rules.

Strong communication, interpersonal and stakeholder management skills. You will be comfortable working with and presenting to traders and other senior stakeholders.

Desirable skills/Preferred Qualifications:

A strong understanding of IFRS accounting rules.

Previous experience in a financial services function at a top tier organisation.

Experience of working in teams across multiple business areas, functions and locations.

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

Barclays Europe Product Controller – Trading Balance Sheet and P&L

Job Description