Barclays moves, lends, invests and protects money for customersand clients worldwide.Please visit ourwebsite here for more information.
About BarclaysFinance Shared Services
Finance India has nearly 1,000 colleagues supporting Barclaysbusinesses globally, through the provision of accounting and reportingservices.
The team is spread across two cities in India - Noida and Chennai -with roughly 50 percent of colleagues in each of these sites.
Finance India was set up in 2008 and has grown significantly from2011 to become an efficiency hub, providing re-engineering and process designcapabilities.
With the full range of Finance functions in India providing globalservices, Finance India now provides great career growth opportunities tocolleagues both in India and in other global locations.
Finance has animportant role in supporting Barclays businesses by providing high-qualityplanning, reporting and accounting services.
The strong control environment inwhich we operate is at the core of everything we do and this is reflected inthe design of our operating model and functional lines.
We have the criticalrole of being responsible for the integrity of the financial records forBarclays
Product Control function Primarilyresponsible for understanding, substantiating and controlling the daily tradingbalance sheet and income statement for Barclays Investment Bank.
ProductControl is vital to our independent reporting and control infrastructure andplays a fundamental role in the controlled growth of Barclays Investment Bank.
Overall purpose ofrole
Run the Chennai CreditProduct Control function and manage the process performance in line with theagreed global Finance and Product Control Controls framework to ensure theintegrity of the balance sheet and P&L of the Global Credit businessessupported by the Chennai team.
Drive aculture of continuous improvement and build and maintain relationships with keylocal and global internal and external stakeholders.
Develop, articulate and implement the global Finance and ProductControl strategy
Act as an essential part of the appropriate local and globalProduct Control management committees that shape and drive decision-makingpertaining to medium and long-term improvements, understand the big-picture andwork towards resolution of firm-wide issues across business and geographicalboundaries.
Communicate and implement Barclays’ global and local Finance andProduct Control strategy
Develop long term goals within own functional area to align withthe Finance and Product Control objectives and strategy.
Form an integral part of local Finance and Product Controlleadership which helps define and influence long-term strategy
Accountable and lead for the project management, migration andreceiving of roles and processes inbound to Chennai from global locations
Ensure excellence in process transition by establishing andmonitoring controls, culture, standards and metrics
Monitor and drive plans to achieve successful completion ofcritical daily and monthly processes per agreed deadlines and to agreed qualityand standards
Stakeholder Management and Leadership
Provide leadership to local and global Credit Product Controlteams, including oversight for issue resolution
Create an environment that encourages employee retention, promoteshigh levels of employee engagement and ensures continuous improvements inemployee satisfaction
Embed a culture of regular reviews and performance managementaligned to global Finance Product Control standards
Serve as a single point of senior management contact for Barclayssenior management and local and global stakeholders as appropriate
Act as a champion for change within Barclays
Set and communicate common business goals and objectives
Leverage and integrate the capabilities of resources across alllevels of the firm to accomplish complex objectives
Deliver clear and consistent communication on the Vision andStrategy for the development of the Finance and Product Control practice
Drive through the business strategy and initiatives
Recruit and retain top talent and ensure that the right HRframework is in place to attract staff at all levels
Constantlyreview and develop organisational structures that best support Finance andProduct Control locally and globally
Establish and maintain an effective working relationship with keystakeholders locally and globally; within Finance and Product Control, localand global infrastructure, and the global Credit businesses supported
Work with appropriate local and global functional owners to ensurecohesion between individual, departmental and firm-wide goals
Establish and contribute to appropriate Governance andRelationship forums locally and globally
Manage cross functional relationships
Participate in the local and global Finance and greater Barclayscommunity as required
Decision-making and Problem Solving
Setand meet all service level agreements and embed a culture of constantimprovement vs control metric measures
Planand forecast for business growth while driving value added operationalperformance, develop new strategies to generate change initiatives and promoteefficiency to solve business problems.
Contributeto building new or enhanced process capabilities strategically andoperationally; oversee transitions while ensuring operating standards withgovernance, risk, control and compliance being maintained
Risk and ControlObjective This section is mandatory for all role profiles and must not bedeleted
At least 10yrs relevant Investment Banking Finance experience, majority of which in Product Control
The Benefits : Ourcustomers deserve the best. The same goes for our employees. That's why atBarclays you'll receive a range of benefits that include a competitive salaryand all the tools, technology and support you need to succeed.
Our Culture : Everythingwe do is shaped by the five values of Respect, Integrity, Service, Excellenceand Stewardship. The values inform the foundations of our relationships withcustomers and clients, but they also shape how we measure and reward theperformance of our employees.
Simply put, success is not just about what youachieve, but about how you achieve it.
Dynamic working gives everyone at Barclays the opportunity to integrateprofessional and personal lives, if you have a need for flexibility then pleasediscuss this with the hiring manager.
Barclays is an equal opportunity employer and are opposed todiscrimination on any grounds.For more detailed information, pleasevisit our dedicated Diversity and Inclusion sitehere.
The content of this roleprofile is relevant for the role in question.
Name of reviewer : Anuj Ahuja
Role of reviewer : Director Product Control, Chennai
Date of review : 04.12.18
Purpose and Values
Barclays has a single cross-business Purpose for Barclays andfive core Values which underpin it.
Our Purpose is helping people achieve their ambitions in the rightway. Put simply this is the answer to the question What is Barclays for?
andit should guide our every action as employees.
Werespect and value those we work with, and the contribution that they make.
Weact fairly, ethically and openly in all we do.
Weput our clients and customers at the centre of what we do.
Weuse our energy, skills and resources to deliver the best, sustainable results.
Weare passionate about leaving things better than we found them.