Job Description
Job Title: VP| Funding & ST Investments| India
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. Please discuss the detail of the working pattern options for the role with the hiring manager.
Introduction:
Owner of liquidity execution around BAU operation for daily funding coverage for INR onshore in India. Full understanding and ownership of the regulatory and liquidity requirements of PLC Mumbai Branch.
Key objective is reducing overall cost of the liquidity by actively managing the liquidity pool and meeting internal and external regulatory, liquidity ratio and stress test requirements.
The role will be at VP level
What will you be doing?
Funding and Investment
As TFI India is a team of two people, the role will be jointly responsible for Funding as well as Investment function with the other team member of TFI India. There will be a requirement that the role have a full understanding of the regulatory requirements of Mumbai branch and manage them appropriately.
The role will be mandated to engage in trading activities to enhance the returns of the TFI group, in order to help reduce the cost of liquidity for the bank and enhance liquidity buffer return for PLC Mumbai entity.
Regional/Global Project involvement
The role will be involved with the regional/global TFI projects for Asia entities. The projects generally related to the themes of Asia TFI risk, MTM, pricing curves, PnL, as well as global initiative to improve the efficiency for daily workload, which require coordination with local stakeholders such as market risk, product control group, operation, IT, financial control team as well as global counterparties.
What we're looking for:
• Strong interpersonal and communication skills – Ability to explain complex ideas in simple words to others in the business.
• Strong Technical skills – good understanding of internal systems including booking systems, new curves, internal processes and booking structures.
• Good Excel skills – Ability to maintain/improve various pricing and pnl flash spreadsheets.
• Attention to detail and an analytical character to manage liquidity metrics as consequences of breaches can be potentially large.
• Ability to work independently – Ability to be self-reliant and be an independent thinker.
• Strong understanding of funding related concepts.
Skills that will help you in the role:
• Management of key stakeholders – Ability to build good relationships with key stakeholders and businesses to improve TFI's ability to manage liquidity more efficiently.
• Strong understanding of regulatory requirements including, but not limited to, Basel III with a particular focus on the Liquidity Coverage Ratio and the Net Stable Funding ratio as well as India specific capital and liquidity ratios.
• Strong understanding of macro markets/trading related concepts. Solid understanding of INR markets accompanied with an understanding of global market factors.
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. Please discuss the detail of the working pattern options for the role with the hiring manager.
Introduction:
Owner of liquidity execution around BAU operation for daily funding coverage for INR onshore in India. Full understanding and ownership of the regulatory and liquidity requirements of PLC Mumbai Branch.
Key objective is reducing overall cost of the liquidity by actively managing the liquidity pool and meeting internal and external regulatory, liquidity ratio and stress test requirements.
The role will be at VP level
What will you be doing?
Funding and Investment
As TFI India is a team of two people, the role will be jointly responsible for Funding as well as Investment function with the other team member of TFI India. There will be a requirement that the role have a full understanding of the regulatory requirements of Mumbai branch and manage them appropriately.
The role will be mandated to engage in trading activities to enhance the returns of the TFI group, in order to help reduce the cost of liquidity for the bank and enhance liquidity buffer return for PLC Mumbai entity.
Regional/Global Project involvement
The role will be involved with the regional/global TFI projects for Asia entities. The projects generally related to the themes of Asia TFI risk, MTM, pricing curves, PnL, as well as global initiative to improve the efficiency for daily workload, which require coordination with local stakeholders such as market risk, product control group, operation, IT, financial control team as well as global counterparties.
What we're looking for:
• Strong interpersonal and communication skills – Ability to explain complex ideas in simple words to others in the business.
• Strong Technical skills – good understanding of internal systems including booking systems, new curves, internal processes and booking structures.
• Good Excel skills – Ability to maintain/improve various pricing and pnl flash spreadsheets.
• Attention to detail and an analytical character to manage liquidity metrics as consequences of breaches can be potentially large.
• Ability to work independently – Ability to be self-reliant and be an independent thinker.
• Strong understanding of funding related concepts.
Skills that will help you in the role:
• Management of key stakeholders – Ability to build good relationships with key stakeholders and businesses to improve TFI's ability to manage liquidity more efficiently.
• Strong understanding of regulatory requirements including, but not limited to, Basel III with a particular focus on the Liquidity Coverage Ratio and the Net Stable Funding ratio as well as India specific capital and liquidity ratios.
• Strong understanding of macro markets/trading related concepts. Solid understanding of INR markets accompanied with an understanding of global market factors.
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 VP| Funding 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.
