Job Description
Purpose of the role
To conduct the accurate and timely valuation of financial instruments, and establishment of valuation methodologies, monitoring of market conditions, and provision of valuation insights to support financial reporting, risk management, and business decisions.
Accountabilities
- Development and maintenance of valuation methodologies for various financial instruments, and implementation of appropriate valuation models based on the characteristics of the financial instruments and market conditions.
- Management of valuation process for the bank’s trading portfolio, including regular valuations of financial instruments and approval of valuations performed by colleagues.
- Analysis of market data to assess valuation inputs, assumptions, and potential valuation risks.
- Preparation and review of valuation reports, and support in preparing regulatory filings and financial statements.
- Provision of valuation insights to traders, risk professions and senior colleagues, and identification of areas for improvement in valuation methodologies and processes.
Assistant Vice President Expectations
- 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.
Exciting Position
Join us a an Assistant Vice President - Product Control, to be a successful product controller we are looking for the below experience .
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.
Some other highly valued skills may include
• Experience with bloomberg, reuters terminals.
o Proactive change champion who looks to develop and embed best
practice.
o Strong communicator both written and interpersonal with an
understanding of senior management perspective.
o Confident and assertive with the ability to negotiate and
influence constructively across teams and geographies.
You may be assessed on the 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
The above role is for Chennai.
Barclays Chennai, Tamil Nadu, IND Office
Chennai, India, 600004
