Assistant Vice President - Treasury Hedge Accounting

Overview

Assistant Vice President in Treasury Hedge Accounting, responsible for reporting and analysing hedging relationships, identifying hedge accounting opportunities, and implementing hedging strategies to mitigate accounting asymmetry risk.

What you'll do

• Design and implement effective hedge accounting strategies that support the bank's overall risk management framework, and adjust them to maintain hedge effectiveness as market conditions change.
• Assess potential hedge accounting relationships between financial instruments, considering effectiveness, designation and hedge ratio.
• Prepare and maintain hedge accounting documentation, including hedge designation reports, effectiveness testing results and fair value measurements, ensuring accuracy, compliance with accounting standards and audit readiness.
• Perform fair value measurements for hedged and hedging instruments using appropriate valuation methodologies.
• Calculate and record hedge accounting adjustments, including hedge ineffectiveness adjustments, reflecting the impact of hedging relationships on the financial statements.
• Manage regular effectiveness testing of hedging relationships and evaluate hedging strategies, adjusting as needed to maintain hedge effectiveness.
• Report the internal and external statutory view of hedge accounting effectiveness for presentation in Barclays Annual Accounts.
• Consult on complex issues, advise People Leaders on escalated issues, and develop new policies and procedures to support the control and governance agenda.
• Take ownership of managing risk and strengthening controls in relation to the work done.
• Collaborate with other areas and business-aligned support areas, and communicate complex information to influence stakeholders.

What you'll need

• A personable individual with the ability to influence others towards desired outcomes.
• A collaborative person who leads and generates ideas while listening to the views of others.
• A track record of developing and meeting tight but realistic deadlines.
• Accountability for key responsibilities, effectively managing stakeholder expectations.
• A continuous learning mind-set, applying analytical reasoning and problem solving.

Nice to have

• CFA, Masters in Finance or Financial Engineering.
• Articleship or industrial trainee experience in mid to large sized firms.
• Audit exposure in large financial institutions or banks.

Details

• Location: Noida.
• You may be assessed on risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, and job-specific technical skills.