Chennai, IN
4d ago


JobTitle : IHC Reg Cap AVP

Grade : AVP

On 18 February 2014, the US Federal Reserve proposed rules (Noticed ofProposed Rulemaking) for Foreign Banking Organizations (FBOs) to implement therequirements of sections 165 of the Dodd-Frank Act, namely :

  • Enhanced prudential standards (EPS) coveringcorporate governance, risk based capital and leverage requirements, and capital and liquidity planning
  • Early remediation actions, such as restrictions on distributions when an FBO exceeds certain pre-defined triggers specified by the Federal Reserve
  • The Federal Reserve Bank interpreted Basel III implementation effort onBarclays US Operations was a multi-year project, impacting multiple entitieswithin Barclays, ultimately resulting in Regulatory Capital and Leverage Ratiorequirement for the US Intermediate Holding Company (IHC).

    Significant effort wasrequired to ensure that Barclays is fully compliant with the Fed interpretedBasel Capital Requirements which required following to be put in place :

  • Implement defined Target Operating Model for Regulatory Capital Calculation
  • Ability to produce Standardized Basel III Regulatory Capital Charge for the Banking Book positions
  • Ability to produce Standardized Basel III Specific Market Risk charge for the Trading Book position, including Simplified Supervisory Formula Approach (SSFA) for the securitized product
  • Ability to produce Modeled based General Market Risk Regulatory Capital Charge for the Trading Book positions
  • Ability to produce US GAAP and Supplemental Leverage ratios
  • Ability to manage RWA and Leverage Ratios to meet internal targets
  • Effective governance - Board and Senior Management Oversight
  • Internal Audit review
  • Your Role

  • Manage a team in generating Weekly, Monthly and Quarterly US IHC Standardized Basel III framework based Regulatory Capital results
  • Responsible for producing Standardized Market Risk, General Credit Risk and Counterparty Credit Risk Regulatory Capital results based on US Basel III Framework
  • Responsible for producing Supplemental Leverage Ratio and Tier 1 Capital Leverage Ratio for the US IHC
  • Ensure strong control framework is in place to generate the quarterly regulatory reporting and Weekly and Monthly internal business and senior management reporting
  • Assist in Optimizing IHC Regulatory Capital and ensure synergies are in place between the Group and US IHC Regulatory Capital processes
  • Assist in Internal and External Audit Reviews
  • Essential Skills

  • Bachelor of Science / Business Administration degree in Economics, Finance or Accounting
  • Subject matter expertise in US Bank regulatory capital reporting (Call Report, FR Y-9C, FRY14)
  • Knowledge of Federal Reserve Bank Basel II.5 / III regulatory Capital requirements
  • Knowledge of Federal Reserve Bank leverage ratio requirements (Basel I and III)
  • Desirable Skills

  • CPA / CA preferred
  • MBA degree beneficial
  • Knowledge of US GAAP accounting
  • Experience in investment banking products including complex investments
  • Good communications skills
  • Good analytical and problem solving skills
  • Experience in financial and regulatory systems architecture
  • Good understanding of internal controls
  • Commitment to meeting deadlines
  • About Us

    Barclaysis a transatlantic consumer, corporate and investment bank offering productsand services across personal, corporate and investment banking, credit cardsand wealth management, with a strong presence in our two home markets of the UKand the US.

    Our goal is to become the bank of choice by providing superiorservices to customers and clients and supporting our stakeholders via acommercially successful business that generates long-

    term sustainable returns.

    Riskand Control Objective

    All Barclayscolleagues have to ensure that all activities and duties are carried out infull compliance with regulatory requirements, Enterprise Wide Risk ManagementFramework and internal Barclays Policies and Policy Standards.


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    Barclays Values & Diversity

    Dynamic working giveseveryone at Barclays the opportunity to integrate professional and personallives, if you have a need for flexibility then please discuss this with thehiring manager.

    We are an equalopportunity employer and we are opposed to discrimination on any grounds. It isthe policy of Barclays to ensure equal employment opportunity withoutdiscrimination or harassment on the basis of race, colour, 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 protectedby law.

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