Job Description
Job Title: BA4 Analyst Prime Risk
Location: Mumbai
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 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
We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We're flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances These requests will be reviewed and agreed for a period of time , will have a start and end date.
Please discuss the detail of the working pattern options for the role with the hiring manager.
Introduction:
Prime business comprises of financing products like Cash PB, security Lending and equity swaps. The PDS business comprises of Futures Execution & Clearing, OTC Clearing and FX Prime Brokerage business with a purpose to provide end-users with an efficient venue where they can execute and clear these products.
The role requires sound understanding of Equity and fixed income products and effect of corporate actions on the risk of these products. The role will also need a deep understanding of Derivative products (Exchange Traded and cleared OTC), In addition the role will need a sound understanding of Market Risk, Credit Risk, managing funding, liquidity and interest rate risks and Regulatory Framework. The role also needs good programming/SQL/Python/ Database skills, eye for detail and an ability to liaise with the front office desks to ensure the timely and accurate delivery of tasks/projects performed. Over the past several years the team has created its own niche brand within the business and the person joining this team has got a great ask to drive this brand further.
The role holder will interact with regional desks to understand the key areas of business – Risk functions and work closely with them to build solutions/models/reports that can help in making the business more efficient from resource/ revenue perspective.
What will you be doing?
o Understand the Prime global business, Derivative products like Futures, Options, OTC, FX PB. Create prototypes of innovative tools/models to facilitate decision and analytics for trading or risk business.
o Perform portfolio analysis and provide IM and Risk Analytics for ad-hoc or new perspective clients.
o Work on regulatory reporting and exercises like CFTC Liquidation Exercise, Residual Interest projection and Front office sponsored projects to drive efficiency and revenue.
o Perform analysis on P&L of the business to identify key drivers, prepare narrative for senior management and key talking points for the client coverage.
o Prepare and monitor various Market risk exposures and stress test results to determine the key drivers of risk for the desk. Present these to the senior Prime Management team with explanations and analysis.
o Reporting and Analysis of Risk sensitivities like DV01, CS01%, various Treasury reports providing Daily Collateral, Global Revenue and Balances, region wise Interest Attribution, FX and Futures product Margining, FCM Data Analysis etc
o Oversee and manage the future state of desk's MIS suite and the corresponding data architecture by actively prioritizing efforts within the team and liaising with product, IT and quant teams. Get hands on with database Analytics using tools like Tableau /Qlikview/Python/SQL.
o Create prototypes of innovative tools/models to facilitate decision analytics for trading or risk business.
o Managing daily deliverables of the team in accordance with agreed SLAs.
o Ensure cross training and knowledge transfer within the team
What we're looking for:
o Excellent verbal and written communication skills as the person is required to communicate with and present to global stakeholders and management team in several forums across the Investment Banking vertical.
o Comprehensive knowledge of the financial products across business (Equities, Fixed Income, Derivatives).
o Flexible in work long hours when required and aptitude for self-learning and ability to cope well under pressure and meet deadlines.
o Ambitious and Proactive in nature, should be able to take quick decisions and be an excellent Team player.
o Advanced Excel (Pivot tables, Macros), MS Office skills and inclination to learn new IT Skills like Qlikview, Python etc
o Well organised with good time management skills and the ability to meet tight deadlines and prioritise tasks. Ability to multi-task and prioritise accordingly in a highly pressurised environment.
o Understanding of Derivatives and Risk Management principles.
o The person needs to have a proven record of willingness to take ownership and responsibility.
o We cover all regions Asia, EMEA and US. Flexibility with work times will be preferred.
Skills that will help you in the role:
o Graduate or MBA from top tier Engineering/Business school.
o 1 to 3 years of experience at a funding desk, risk management or similar function in Banking/Finance industry.
o Highly analytical and numerate with exceptional problem solving abilities and Comprehensive knowledge of funding, liquidity and associated risks.
o Well organised with good time management skills and the ability to meet tight deadlines and prioritise tasks. Ability to multi-task and prioritise accordingly in a highly pressurised environment.
o Excellent verbal and written communication skills, able to clearly articulate complicated issues to management and other impacted areas and ensure timely resolution of issues and breaches.
o Able to work effectively as part of a large team and willing to take on responsibility.
o Technical Knowledge – Database development and management. Advanced Excel (Pivot tables, Macros), MS Office skills and inclination to add IT Skills like Qlikview. Tableau, SQL, VBA, R, Python.
o Superior attention to detail.
o Displays confidence and professionalism.
o High self-motivation.
o Eagerness to take initiative and promote process improvements.
Desirable skills/Preferred Qualifications:
o Understanding of the complexities of funding with an overlay of global markets and economics.
o An FRM or CFA certification.
Where will you be working?
Mumbai
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
Location: Mumbai
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 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
We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We're flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances These requests will be reviewed and agreed for a period of time , will have a start and end date.
Please discuss the detail of the working pattern options for the role with the hiring manager.
Introduction:
Prime business comprises of financing products like Cash PB, security Lending and equity swaps. The PDS business comprises of Futures Execution & Clearing, OTC Clearing and FX Prime Brokerage business with a purpose to provide end-users with an efficient venue where they can execute and clear these products.
The role requires sound understanding of Equity and fixed income products and effect of corporate actions on the risk of these products. The role will also need a deep understanding of Derivative products (Exchange Traded and cleared OTC), In addition the role will need a sound understanding of Market Risk, Credit Risk, managing funding, liquidity and interest rate risks and Regulatory Framework. The role also needs good programming/SQL/Python/ Database skills, eye for detail and an ability to liaise with the front office desks to ensure the timely and accurate delivery of tasks/projects performed. Over the past several years the team has created its own niche brand within the business and the person joining this team has got a great ask to drive this brand further.
The role holder will interact with regional desks to understand the key areas of business – Risk functions and work closely with them to build solutions/models/reports that can help in making the business more efficient from resource/ revenue perspective.
What will you be doing?
o Understand the Prime global business, Derivative products like Futures, Options, OTC, FX PB. Create prototypes of innovative tools/models to facilitate decision and analytics for trading or risk business.
o Perform portfolio analysis and provide IM and Risk Analytics for ad-hoc or new perspective clients.
o Work on regulatory reporting and exercises like CFTC Liquidation Exercise, Residual Interest projection and Front office sponsored projects to drive efficiency and revenue.
o Perform analysis on P&L of the business to identify key drivers, prepare narrative for senior management and key talking points for the client coverage.
o Prepare and monitor various Market risk exposures and stress test results to determine the key drivers of risk for the desk. Present these to the senior Prime Management team with explanations and analysis.
o Reporting and Analysis of Risk sensitivities like DV01, CS01%, various Treasury reports providing Daily Collateral, Global Revenue and Balances, region wise Interest Attribution, FX and Futures product Margining, FCM Data Analysis etc
o Oversee and manage the future state of desk's MIS suite and the corresponding data architecture by actively prioritizing efforts within the team and liaising with product, IT and quant teams. Get hands on with database Analytics using tools like Tableau /Qlikview/Python/SQL.
o Create prototypes of innovative tools/models to facilitate decision analytics for trading or risk business.
o Managing daily deliverables of the team in accordance with agreed SLAs.
o Ensure cross training and knowledge transfer within the team
What we're looking for:
o Excellent verbal and written communication skills as the person is required to communicate with and present to global stakeholders and management team in several forums across the Investment Banking vertical.
o Comprehensive knowledge of the financial products across business (Equities, Fixed Income, Derivatives).
o Flexible in work long hours when required and aptitude for self-learning and ability to cope well under pressure and meet deadlines.
o Ambitious and Proactive in nature, should be able to take quick decisions and be an excellent Team player.
o Advanced Excel (Pivot tables, Macros), MS Office skills and inclination to learn new IT Skills like Qlikview, Python etc
o Well organised with good time management skills and the ability to meet tight deadlines and prioritise tasks. Ability to multi-task and prioritise accordingly in a highly pressurised environment.
o Understanding of Derivatives and Risk Management principles.
o The person needs to have a proven record of willingness to take ownership and responsibility.
o We cover all regions Asia, EMEA and US. Flexibility with work times will be preferred.
Skills that will help you in the role:
o Graduate or MBA from top tier Engineering/Business school.
o 1 to 3 years of experience at a funding desk, risk management or similar function in Banking/Finance industry.
o Highly analytical and numerate with exceptional problem solving abilities and Comprehensive knowledge of funding, liquidity and associated risks.
o Well organised with good time management skills and the ability to meet tight deadlines and prioritise tasks. Ability to multi-task and prioritise accordingly in a highly pressurised environment.
o Excellent verbal and written communication skills, able to clearly articulate complicated issues to management and other impacted areas and ensure timely resolution of issues and breaches.
o Able to work effectively as part of a large team and willing to take on responsibility.
o Technical Knowledge – Database development and management. Advanced Excel (Pivot tables, Macros), MS Office skills and inclination to add IT Skills like Qlikview. Tableau, SQL, VBA, R, Python.
o Superior attention to detail.
o Displays confidence and professionalism.
o High self-motivation.
o Eagerness to take initiative and promote process improvements.
Desirable skills/Preferred Qualifications:
o Understanding of the complexities of funding with an overlay of global markets and economics.
o An FRM or CFA certification.
Where will you be working?
Mumbai
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
💡 Quick Summary
Seeking a career-building opportunity? The BA4 Analyst Prime Risk position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
