Product Control -US-Fixed Income Credit Flow & DCRM – 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
The Finance department covers Product and Financial control. Both Product and Financial Control are jointly responsible for the integrity of the financial records of Barclays Capital. Credit Trading Product Control is one of the functions within Product control.
The function sits between Front Office and the other support areas and has an emphasis on the trade date Control environment, Front Office support and analysis of PL and risk. Consequently, the function is a main point of contact for many issues that affect the bank. This requires a close working relationship with the Front Office and other support areas.
The core responsibilities of the team are to ensure timely and accurate reporting of daily risk and PL including verification of risk and PL through the PL risk based attribution process. Ownership and reconciliation of the reported PL and Balance Sheet substantiation to the firms reported financials.
Main Function
- MI and Controls for the Global FI Credit Flow, US FI Rates and Municpals businesses
- Preparation of consolidated financial information for Senior Mgmt
- Assist in the execution and reporting of various control-related information to the Central Control and Financial Control teams
Main Duties
- Preparation of consolidated daily pnl reports for the Front Office/Senior Management
- Calculation of mid month and month end Reserves, working with line controllers and IVC on methodologies
- Preparation of monthly controls and business performance packs
- Support COO and Front Office on business requests
- High exposure to Global Desk heads, Senior Management, and COOs
- Assistance in Global Policy reviews
- Assistance in streamlining processes related to MI production
- Interaction with Line Controllers to help drive consistency and efficiencies
- Adhocs Projects