Analyst

Overview

Oversee the financial aspects of trading activities, ensuring the accuracy and integrity of the bank's trading book, compliance with regulatory requirements, and insights into trading performance.

What you'll do

• Reconcile daily profit and loss (P&L) figures for trading desks to ensure they align with the valued positions in the trading book, investigating and resolving discrepancies to reflect the true economic value of the trading portfolio.
• Support the identification, assessment, and mitigation of trading risks, and report on these financial risks to senior colleagues.
• Maintain and analyse the bank's trading data, ensuring its accuracy, completeness and consistency, and provide insights to traders and senior colleagues on trading performance.
• Prepare and submit regulatory reports to authorities, and support external audits including addressing auditor queries and ensuring trading activities are appropriately reflected in financial statements.
• Communicate complex financial information effectively to traders, risk professionals, senior colleagues, and external stakeholders.
• Collaborate cross-functionally to ensure a coordinated approach to trading activities.
• Perform prescribed activities in a timely manner and to a high standard, consistently driving continuous improvement.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to.
• Escalate breaches of policies / procedures appropriately.

What you'll need

• Strong understanding of Capital Markets products, particularly Credit Markets, Bonds, Fixed Income Securities, FX products, and Fixed Income Derivatives.
• Understanding of trade lifecycle, valuation methodologies, and market conventions across credit products.
• Good understanding of financial accounting principles, ledger impacts, accruals, reserves, and financial statement reporting.
• Strong analytical and problem-solving skills with a high level of attention to detail and control mindset.
• Experience working with large datasets and proficiency in Excel and O365 applications.
• Excellent verbal and written communication skills, with the ability to present complex financial information clearly to traders, risk teams, finance, and senior management.
• Strong stakeholder management and cross-functional collaboration skills.
• Strong alignment with Barclays Values and Mindset, demonstrating integrity, accountability, collaboration, and the confidence to challenge constructively while driving excellence.

Nice to have

• Knowledge of Product Control functions, including daily P&L production, attribution, reconciliation, valuation controls, and balance sheet substantiation.
• Knowledge of regulatory capital, market risk, counterparty credit risk, and valuation adjustments (XVA).
• Ability to analyse and explain P&L movements, risk exposures, and valuation changes to trading desks and senior stakeholders.
• Experience in Front Office support, Product Control, Valuations, Market Risk, or Financial Control functions within an investment bank.
• Familiarity with financial reporting, Global Accounting Standards, regulatory reporting, and audit requirements.
• Knowledge of LLMs, VBA, Python, or data visualisation tools.
• Ability to challenge and investigate valuation, booking, or P&L discrepancies independently.
• Project management and process improvement experience, including automation and control enhancement initiatives.
• Ability to work in a fast-paced environment with tight deadlines and changing priorities.

Details

• Location: Pune (Gera Commerzone SEZ).
• Assessment may cover key critical skills relevant for success in the role, including maintaining a strong internal control environment, reviewing key controls, adjustment substantiation and New, Amends & Cancels trade review.