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Regulatory Reporting Assurance

Chennai, Tamil Nadu

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Regulatory Reporting Assurance

Chennai, Tamil Nadu

Apply for job

Date live: May. 06, 2024

Business Area: COO & Functions

Area of Expertise: Finance

Reference Code: 90383084

Contract: Permanent

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Job Title : Regulatory Reporting Assurance
Location: Chennai
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
Take ownership for managing risk and strengthening controls in relation to the work you do
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 carer, 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, and your request will be reviewed subject to business needs.
Hybrid Working 
Structured hybrid role:
At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home.  We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.
Introduction:
Barclays will be undergoing a significant amount of regulatory change in 2024 and 2025 as a result of the introduction of Basel IV for both our UK and Irish Regulated entities. 
This role will be involved in execution of independent assurance activities on Prudential regulatory reporting that Barclays is responsible for, ensuring the implementation from the production teams is consistent with the regulatory requirements that Barclays is bound by for both calculation of regulatory requirements and associated disclosures (COREP/Pillar 3)
The incumbent of this role will help lead the assurance activity from the Prudential Regulatory COE in Chennai, working with counterparts in London to plan and execute the assurance activities required from a change implementation perspective and on going BAU.
This role will sit within the Regulatory Capital TC Quality Assurance (QA) team.
What will you be doing?
•Provide technical support to the wider QA team in being to build reperformance tools and data testing in the assurance cycles and support in undertaking the assurance testing.
•Has the ability to undertake and manage re-performance and data accuracy testing across the Prudential Regulatory disclosures (COREP and Pillar 3) with assistance from technical SMEs in London. This individual must have experience in building reperformance tools related to prudential regulatory reporting and must have the ability to analyse and interrogate system data.
•Support the lead of the team in being able to manage the assurance activities with specific reference to re-performance testing and data accuracy.
•Maintain the reperformance tools and being able to update these as regulations are amended.
What we’re looking for:
•An individual with a Quants/data management background in Risk/Finance is desired.
•Should have experience with working within a large Tier bank.
•Excellent organizational skills, able to react to complex challenges with focused plans and contingencies and a forward thinking focus that anticipates future challenges and how to resolve through the assurance activity they will be responsible.
•Must have an understanding of financial markets, financial and/or regulatory reporting, risk, governance and controls  
•Must have an awareness of the prudential rules and regulations (calculation and disclosures) so that they can confidently help determine the tooling for reperformance that is required.
•Identify and implement enhancements to the control frameworks, ensure these meet our governance policies, with a specific focus to assurance.
•Excellent communication skills (oral and written) with proven experience dealing with senior stakeholders 
•Strong interpersonal skills to build relationships across the bank - creates and maintains a culture in which trust and mutual respect are valued, challenging people and systems that do not support this. Uses influencing strategies and conveys a strong vision to achieve results and obtain buy-in across the organisation.
•Comfortable working across ‘virtual’ teams and embraces the opportunity to work across various functions and locations.
•Sets high standards for self and others, leads by example and delivers to a high standard consistently through themselves and others.
•Able to guide and coach other members of the team to reach their full potential and actively manages their professional development.
Skills that will help you in the role:
•Qualified Accountant – ACA or equivalent with experience within financial audits/assurance 
•Prior experience in a top tier bank or similar financial institution, or a large blue chip corporate 
•Strong written, Excel and powerpoint skills and previous experience of having managing and working with large volumes of data in an audit/assurance environment.
•Excellent stakeholder engagement skills and understanding and executing requirements / expectations
•Able to effectively cope with multiple deliverables with deadlines.
•Excellent verbal and written communication skills 
•Strong control awareness. Escalates breaches of policies and procedures appropriately
•Willingness and ability to take ownership of issues and manage through to a successful resolution. 
Where will you be working?
Chennai
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.

More about working at Barclays

We're committed to providing a supportive and simplified experience for our candidates throughout the application and assessment process. Here, you will find information about what to expect and some guidance around your assessment and interview.

While the application process depends on the role, there are some constant steps, which are;

Step 1 - Your application
Step 2 - Your assessment
Step 3 - Your interview
Step 4 - Next steps

We aim to create an inclusive work environment where everyone can reach their full potential. If you require any adjustments to our recruitment process, please click here to learn more.

Find out more information here.

Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.

We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

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 Carer, 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.

More content

The Barclays Way

This is the spirit of Barclays. It’s why we exist, what we believe and how we behave. But most importantly, it’s how we make decisions, take action and get things done.

Learn more

Purpose

Working together for a better financial future.

Values

We believe great talent RISES. It acts with Respect, Integrity, Service, Excellence and Stewardship.

Mindset

We discover our full potential through our desire to Empower, Challenge and Drive each other.

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