Logo of Huzzle

Home

Matches

Explore

Manage

AVP Product Control Banking

image

Barclays

2mo ago

  • Job
    Full-time
    Senior Level
  • Banking & Finance
    Product
  • Pune

AI generated summary

  • You need a quantitative degree, valuation/product control experience, strong financial derivatives knowledge, and excellent communication skills. Proficiency with Bloomberg/Reuters is essential.
  • You will reconcile daily P&L, analyze trading data, prepare regulatory reports, collaborate cross-functionally, and lead or guide teams while managing risks and communicating key insights.

Requirements

  • Quantitative primary degree
  • Valuation control or product control experience in a financial services environment.
  • Strong communication skills including the ability to distil complex issues into an easy to digest summary for senior management.
  • Strong understanding of Financial Derivatives
  • Experience with bloomberg, reuters terminals.
  • Proactive change champion who looks to develop and embed best practice.
  • Strong communicator (written and interpersonal) with an understanding of senior management perspective.
  • Confident and assertive with the ability to negotiate and influence constructively across teams and geographies.

Responsibilities

  • 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.
  • 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.

FAQs

What qualifications are needed for the AVP Product Control Banking position?

A quantitative primary degree and valuation control or product control experience in a financial services environment are required.

What specific skills are highly valued for this role?

Experience with Bloomberg and Reuters terminals, strong communication skills, negotiation and influencing abilities, and a proactive approach to change are highly valued.

What are the main responsibilities of the AVP Product Control Banking?

The main responsibilities include reconciling daily profit and loss figures, supporting the identification and mitigation of trading risks, maintaining and analyzing trading data, preparing regulatory reports, and communicating complex financial information.

Is this position a leadership role?

Yes, it may involve leadership responsibilities with expectations to lead a team, coach employees, and demonstrate leadership behaviors if applicable.

Where is the AVP Product Control Banking position located?

The position is located in Pune.

What type of collaboration is expected in this role?

Cross-functional collaboration is expected to ensure a coordinated approach to trading activities and to align closely with other business divisions.

What values are expected to be demonstrated by all colleagues?

Colleagues are expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, as well as adhering to the Barclays Mindset to Empower, Challenge, and Drive.

What kind of communication skills are necessary for this role?

Strong communication skills are essential, including the ability to distil complex issues into an easy-to-digest summary for senior management and effective interaction with traders and external stakeholders.

Will I need to prepare regulatory reports as part of this job?

Yes, you will be responsible for the preparation and submission of regulatory reports to authorities.

Are interpersonal skills important for the AVP role?

Yes, strong interpersonal skills are crucial for negotiating, influencing constructively across teams, and effectively communicating complex information.

image

Barclays

Finance
Industry
10,001+
Employees
1690
Founded Year

Mission & Purpose

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. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 83,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. Barclays is a trading name of Barclays Bank PLC and its subsidiaries. Barclays Bank PLC is registered in England and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England. Registered No. 1026167. Registered office: 1 Churchill Place, London E14 5HP.