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.

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.

Join us as an Analyst at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionise our digital offerings, ensuring unapparelled customer experiences.

To be successful as 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.

To be successful in this role, you should have:

• Strong understanding of Capital Markets products, particularly Credit Markets, Bonds, Fixed Income Securities, FX products, and Fixed Income Derivatives.
• Understanding of trade lifecycle, valuation methodologies, and market conventions across credit products.
• Good understanding of financial accounting principles, ledger impacts, accruals, reserves, and financial statement reporting.
• Strong analytical and problem-solving skills with a high level of attention to detail and control mindset.
• Working with large datasets and proficiency in Excel and O365 applications.
• Excellent verbal and written communication skills, with the ability to present complex financial information clearly to traders, risk teams, finance, and senior management.
• Strong stakeholder management and cross-functional collaboration skills.
• Strong alignment with Barclays Values and Mindset, demonstrating integrity, accountability, collaboration, and the confidence to challenge constructively while driving excellence.
  

Some other highly valued skills may include:

• Knowledge of Product Control functions, including daily P&L production, attribution, reconciliation, valuation controls, and balance sheet substantiation.
• Knowledge of regulatory capital, market risk, counterparty credit risk, and valuation adjustments (XVA).
• Ability to analyze and explain P&L movements, risk exposures, and valuation changes to trading desks and senior stakeholders.
• Experience in Front Office support, Product Control, Valuations, Market Risk, or Financial Control functions within an investment bank.
• Familiarity with financial reporting, Global Accounting Standards, regulatory reporting, and audit requirements.
• Knowledge of LLMs, VBA, Python, or data visualization tools is advantageous.
• Ability to challenge and investigate valuation, booking, or P&L discrepancies independently.
• Project management and process improvement experience, including automation and control enhancement initiatives.
• Ability to work in a fast-paced environment with tight deadlines and changing priorities.

You may be assessed on the key critical skills relevant for success in role, such as experience with Ensure the maintenance of a strong internal control environment. Review key controls, adjustment substantiation and New, Amends & Cancels trades review, as well as job-specific skillsets.

This role will be based out of Pune.