Assistant VP Job Vacancy in Barclays Delhi, Delhi – Updated today
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Full Details :
Company Name : Barclays
Location : Delhi, Delhi
Position :
Job Description : Job Title: Assistant VP
Location: Noida
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 career, 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:
Support the Senior FBP by in delivering the end to end financials across a Transaction Cycle /Function by working closely with Business Managers and Project Managers supporting the Transaction Cycle /FunctionDeliver end-to-end Finance reporting that enables management to proactively shape strategyProvide full set of forward looking Financial projections (MTP), Outlook, Transfers, scenario analytics & Change the Bank (CTB) portfolio analyticsStrategic Financial support to AEs including; QBRs, MBRs, Transaction Cycle Weekly’s CTB portfolio management, Vendor supportSupporting capacity creation, cost allocation understanding and risks & opportunities managementHigh quality, consistent and standardised offering with complete ownership of the “numbers”
What will you be doing?
Finance Reporting & PlanningDelivery of the end to end financials across a Transaction Cycle/Function:
o Providing the analysis to support business decisions and financial strategy for the Transaction Cycle/Function, ensuring delivery is to plan and budget, supporting the bank’s overall business strategy and cost base objectives
o Work with BMs, PMs and Business to deliver the monthly financials
o Working directly with the Cost Ledger CoE & Project CoE to understand the GL postings each month and to ensure the month end is done in a timely manner.
o Provide the analysis and support the drafting of insights & commentary of current & Outlook financials (including Capacity Creation) with clear linkages to drivers (Inc. weekly, Finance surgeries & QBR)
o Project insights including WF, Cost, fully loaded services costs, managed and consumed
o Prepare and present any reporting requirements
Support the creation of the annual plan and be responsible for making updates during the regular RAF cycles including:
o Responsible for updating the central planning tool during the annual plan and updates to RAF
o Hands on modelling of forward looking scenarios / deep dives including HLS, MTP, STP, RAF, Outlook and adhoc exercises as required (By Transaction Cycle/Function)
Work with the Centres of Excellence to ensure full alignment to BX operating modelProvide information and reports to allow the business to be challenged as required where forecasts are not metHave oversight of and ensure adherence / alignment to all global / local regulatory and statutory requirementsEnsure best in class, efficient and robust controls are adhered to at all times
Strategy, Insights & Leadership SupportProvide support to Senior FBP ensuring adherence of day to day agenda, strategic and Adhoc assignments for Transaction Cycle AEs and their Leadership Teams (Transaction Cycle delegate where appropriate) providing insights & recommendations across the financialsProvide reports and data to Senior FBP to support monthly updates to AEs across the groupWork with BMs and PMs to ensure delivery of Transaction Cycle/Function StrategyAdhoc activity to support cost related Executive level requestsSupport of COO Business Projects e.g. COE, Cost saving initiatives etc.Support the Senior FBP by preparing reports on Risks & Opportunities & link with experts (sourcing, vendor etc.)Support analysis and metrics driving the cost allocations from BX to trading entities to allow the business to understand their costsSupport the update to allocations through methodology changes and provide the analysis to quantify the financial impact
Governance & ControlEnsure alignment of activity that ensures the Transaction Cycle or Function are compliant and aligned to the group wide governance and control framework, including:
o Delivery around the requirements for external Governance Forums (Council, COO ExCo, Group ExCo,Board etc.) and maintenance of all SMR documentation
o Support the validation and pre-approval of Vendor Spend Business cases & contract reviews
o Provide support to F&BM Lead to allow the pre EXCO Cost Approvals are in line with strategy & affordability (Hiring, Vendor / DCP, Resourcing related costs, Travel etc.)
o Support the F&BM lead to ensure Finance related Internal audit queries and audit interim reporting are all addressed
o Provide support activities to allow programme Interlocks (Location, Capacity creation, Workforce & Budget Transfers)
What we’re looking for:
MBA/CA/ACCA/CIMAGood understanding of financials especially cost and driversStrong Excel & PowerPoint skillsAttention to detail and strong organisational skills a mustAbility to balance multiple critical requests from various stakeholders with outstanding precisionBP&A background and experience
Skills that will help you in the role:
Prior experience in managing senior stakeholders independentlyStrong Communication skills across a variety of forums and mediums. Proven ability to distil information into key messages and deliver succinctly according to audienceAbility to develop business strategy, communicate in clear and confident manner, and act independently to implement, sometimes using creativity in approachAwareness of simplification and automation tools like Tableo, Altryx, Python etc. will be a plusExperience in operating in a multi-geographic, matrix organisation a plus, with proven ability to balance commercial, client, and regulatory needs across businesses and geographies
Where will you be working?
Noida
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.
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