Job Description

Job Title: VP - Reg Capital initiatives
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
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:
• 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


Skills that will help you in the role:
• 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.