Product Control – Change Management- Analyst recruitment
Company Overview
Barclays moves, lends, invests and protects money for customers and clients worldwide. With over 300 years of history and expertise in banking, we operate in over 50 countries and employ over 140,000 people.
We provide large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs. Our clients also benefit from access to the breadth of expertise across Barclays. We're one of the largest financial services providers in the world, and are also engaged in retail banking, credit cards, corporate banking, and wealth and investment management. For further information about Barclays, please visit our website www.barclays.com. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.
Department Overview
Our Finance Division is comprised of the following groups: Financial Control, Product Control, Financial Decision Support, and Tax. All areas allow you to build a thorough understanding of our business and enable you to add value in the reporting and analysis of financial information. Finance is an exciting area as the division supports a variety of products in a constantly changing marketplace.
Financial Control oversees the financial records and reporting of our business activity. Providing accurate information, they enable us to react to opportunities and focus on critical business issues. Financial Control also provides information to senior management, as well as external fiscal parties.
Product Control provides explanations of business revenues, attributing any movements to market positions, inherent risk and new deals. The team is also responsible for ensuring the integrity of the balance sheet for revenue products. Product Control is pivotal to our reporting and control infrastructure and the information provided by the group gives us the means to assess business performance. In addition, the group coordinates all global finance controls and procedures. Financial Decision Support bolsters Barclays Capital's growth by enabling and supporting all financial decisions within the firm, through timely provision of quality data and partnership with key strategic decision makers.
Product Control has a significant presence and role within the Organization. There is a close working relationship with the trading desks and other areas focusing on control, service and reporting. We are a central point of contact for many issues that affect the bank. By placing a heavy emphasis on information technology and focusing on project work, we are able to address control and operational risks and meet our internal and external obligations.
Financial Decision Support is primarily responsible for enabling and supporting all financial decisions within the firm, through timely provision of quality data and partnership with key strategic decision makers. This covers revenues, costs, balance sheet/capital and client franchise performance. The function is also responsible for processing the firm''s invoices and expenses, leading the annual budgeting process and interfacing with Group on financial performance.
Tax is responsible for managing tax risk in Barclays Capital and provides tax support to all our business areas.
Main Function
The individual is responsible for supporting US Finance Change Management initiatives across Finance US (FDS, Product, Finance and Regulatory Control). These initiatives include the design build of new technology solutions, business process re-engineering as well as continuous improvement efforts.
Main Duties
§ Working directly with Finance teams to assess current business processes and determine how these can be improved (e.g. business process re-engineering, new technologies, minor adjustments to existing process)§ Developing future state business processes as well as the required activities to achieve the target end state§ Determining business requirements and prioritizing them for change§ Defining functional requirements, which reflect the business requirements and developing approaches to enable them to be delivered via process changes / technology solutions § Developing approaches and tools to test new solutions and business processes prior to use§ Performing functional tests of newly built processes and solutions and guiding end user testing of these § Identifying and escalating as appropriate issues that may arise during the various stages of the change process (i.e. from analysis and design through to adoption)