Job Description
Mumbai Financial Control - Analyst
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.
Introduction :
This role is responsible for regulatory reporting of financial information to the SEBI for the Subsidaries in India. This role requires an individual to correctly interpret regulatory guidelines and ensure that entities are compliant with all guidelines when reporting financial information to the regulator.
This role also requires appropriate oversight on the team managing the reporting to ensure all submissions are managed on a timely basis.
In addition this role would require face off with the regulator as and when queries are raised or inspection is conducted
What will you be doing
Financial Reporting - 70%
• Performing the role of the legal entity controller (LEC)
• To be able to perform closure of books of accounts including preparation of the Balance Sheet and Profit and Loss Account
• Review and challenge of the data and supplementary analysis submitted by different teams
• Liaison with external statutory and regulatory, concurrent and internal auditors to ensure clean and seamless audits
• Oversight and ownership of the risk and controls framework for Financial Control function including documentation of these controls and monitoring and review to ensure the controls are operating effectively
• Responding to ad-hoc information requests from SEBI / RBI / other regulators and senior management
• Review and analyse the impact of new regulations on various reporting requirements
• Review the rollout of new products with reference to impact on financial / regulatory reporting
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.
Introduction :
This role is responsible for regulatory reporting of financial information to the SEBI for the Subsidaries in India. This role requires an individual to correctly interpret regulatory guidelines and ensure that entities are compliant with all guidelines when reporting financial information to the regulator.
This role also requires appropriate oversight on the team managing the reporting to ensure all submissions are managed on a timely basis.
In addition this role would require face off with the regulator as and when queries are raised or inspection is conducted
What will you be doing
Financial Reporting - 70%
• Performing the role of the legal entity controller (LEC)
• To be able to perform closure of books of accounts including preparation of the Balance Sheet and Profit and Loss Account
• Review and challenge of the data and supplementary analysis submitted by different teams
• Liaison with external statutory and regulatory, concurrent and internal auditors to ensure clean and seamless audits
• Oversight and ownership of the risk and controls framework for Financial Control function including documentation of these controls and monitoring and review to ensure the controls are operating effectively
• Responding to ad-hoc information requests from SEBI / RBI / other regulators and senior management
• Review and analyse the impact of new regulations on various reporting requirements
• Review the rollout of new products with reference to impact on financial / regulatory reporting
💡 Quick Summary
Seeking a career-building opportunity? The Financial Control | Analyst 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.
