Job DescriptionPurpose of the role
To conduct the accurate and timely valuation of financial instruments, and establishment of valuation methodologies, monitoring of market conditions, and provision of valuation insights to support financial reporting, risk management, and business decisions.
Accountabilities
- Development and maintenance of valuation methodologies for various financial instruments, and implementation of appropriate valuation models based on the characteristics of the financial instruments and market conditions.
- Management of valuation process for the bank’s trading portfolio, including regular valuations of financial instruments and approval of valuations performed by colleagues.
- Analysis of market data to assess valuation inputs, assumptions, and potential valuation risks.
- Preparation and review of valuation reports, and support in preparing regulatory filings and financial statements.
- Provision of valuation insights to traders, risk professions and senior colleagues, and identification of areas for improvement in valuation methodologies and processes.
Analyst Expectations
- To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
- Requires in-depth technical knowledge and experience in their assigned area of expertise
- Thorough understanding of the underlying principles and concepts within the area of expertise
- They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
- If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
- OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
- Will have an impact on the work of related teams within the area.
- Partner with other functions and business areas.
- Takes responsibility for end results of a team’s operational processing and activities.
- Escalate breaches of policies / procedure appropriately.
- Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
- Advise and influence decision making within own area of expertise.
- Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
- Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
- Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
- Make evaluative judgements based on the analysis of factual information, paying attention to detail.
- Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
- Guide and persuade team members and communicate complex / sensitive information.
- Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.
All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.
Join us as an PC - Valuations - Analyst at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionist our digital offerings, ensuring unapparelled customer experiences.
You may be assessed on the key critical skills relevant for success in role, such as experience with Ensure the maintenance of a strong internal control environment. Review key controls, adjustment substantiation and New, Amends & Cancels trades review, as well as job-specific skillsets.
To be successful as 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.
Essential Skills/Basic Qualifications:
- Quantitative primary degree (or CA)
- Valuation control or product control experience in a financial services environment.
- Strong communication skills including the ability to distil complex issues into an easy to digest summary for senior management.
- Strong understanding of Financial Derivatives
Desirable skills/Preferred Qualifications:
- Advanced degree in similar subjects. Further professional qualification such as CQF, FRM, ACA, CIMA, CFA or MBA.
- Coding skills in Python/VBA or equivalent
- Good understanding of Microsoft Office products.
- Experience with Bloomberg, Reuters terminals.
This role will be based out of Chennai .