Assistant Manager

Purpose of the role

To support business areas with day-to-day processing, reviewing, reporting, trading and issue resolution. 

Accountabilities

• Support various business areas with day-to-day initiatives including processing, reviewing, reporting, trading, and issue resolution.

• Collaboration with teams across the bank to align and integrate operational processes.

• Identification of areas for improvement and providing recommendations in operational processes.

• Development and implementation of operational procedures and controls to mitigate risks and maintain operational efficiency.

• Development of reports and presentations on operational performance and communicate findings to internal senior stakeholders.

• Identification of industry trends and developments to implement best practice in banking operations.

• Participation in projects and initiatives to improve operational efficiency and effectiveness.

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.

• Requires in-depth technical knowledge and experience in their assigned area of expertise

• Thorough understanding of the underlying principles and concepts within the area of expertise

• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.

• 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 develop technical expertise in work area, acting as an advisor where appropriate.

• Will have an impact on the work of related teams within the area.

• Partner with other functions and business areas.

• Takes responsibility for end results of a team’s operational processing and activities.

• Escalate breaches of policies / procedure appropriately.

• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.

• Advise and influence decision making within own area of expertise.

• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.

• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.

• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.

• Make evaluative judgements based on the analysis of factual information, paying attention to detail.

• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.

• Guide and persuade team members and communicate complex / sensitive information.

• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

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.

Step into the role of Assistant Manager at Barclays, where you'll provide first-class support by conducting in-depth due diligence, ensuring compliance with regulatory requirements, and safeguarding our clients and organization with expertise and care.

You may be assessed on key critical skills relevant for success in role such as:

• Measure, monitor and ensure all source feeds (both internal and external) are received within agreed SLA., identifying process improvements to gain synergies on an ongoing basis.

• Extensive experience monitoring ledger and statement reject queues in Intellimatch.  Manage all rejects (investigation and import into Intellimatch for reconciliation after validation).

• Perform out of proof check to ensure data integrity of ledger and statement feeds.

• Investigate and resolve feeds which are missing or incomplete.

• Strong knowledge and experience of Reconciliations within an Investment Banking/Corporate/Wealth Business.

• Strong ability to implement appropriate and timely escalation of all unresolved exceptions.

• Perform end of day check on rejects and out of proofs and liaise with Internal controls to ensure all are resolved or outstanding appropriately reported.

• Responsible for performing account static maintenance, including.

• Creation, amendment and closure of account setup after validation and checks.

• Creation and maintenance of department code, including ownership.

• Creation and maintenance of coding rules.

• Look up table maintenance.

• Group filter maintenance.

• Securities merging.

• Intellimatch static fields such as legal entity/client firm maintenance.

• Reconciliation Catalogue static update.

• Control report review and resolution of exceptions.

• First level management escalation point for liaison with the Reporting Team on corresponding creation/maintenance in Rec Manager.

• Support projects and initiatives involving Intellimatch.

• Proficient in the maintenance of matching criteria in Intellimatch along with the facilitation of testing and setup.

• Facilitate Business Ops on dissolution of historical matches.

• Facilitate quarterly CDS roll settlement.

• Responsible for escalation of any outstanding rejects/out of proofs to Operations Risk & Control and CASS teams.

• Act as the key point of contact with stakeholders (i.e. Technology, Change Manager, Team, AVP) in order to implement change.

Desirable Skillsets:

• Minimum B.Com Graduation Degree / MBA (Finance)/Post Graduation or Relevant experience in fintech Domain, preferably in reconciliations.

• Expert MS Excel skills – including MACROS.

• Able to work shifts.

• Comprehensive experience of performing reconciliations activity on SunGard Intellimatch Platform preferred.

• Experience of automated statement and transfer protocols e.g. SWIFT, FTP or Manual Download.

• Advanced PC skills, including Microsoft Office Applications.

• Good communication skills.

• Good reconciliations process understanding.

• Extensive knowledge of Database applications (MS Access, Visual Basic) will be an added advantage.

You may be assessed on key essential 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.

This role is based out of Chennai.