Assistant Manager

Job Description

Job Title: Assistant Manager Location: ChennaiAbout Barclays Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.Risk and Control Objective Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards. Working Flexibly We re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers and clients needs. Whether you have family commitments or you re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility then please discuss this with the hiring manager.Global Fx & Derivative Operations is responsible for ensuring all asset classes of OTC Derivatives, namely Interest Rate, Credit, Equity, Government Bond and Foreign Exchange are controlled and settled in an efficient and cost effective manner. Departmental functions include payment and funding procedures, rate resetting, Nostro and brokerage reconciliation and strategic product support. The department is proactive in implementing state of the art systems and procedures to support our OTC Derivative asset classes in London, North America and Asia Pacific, participating in leading edge industry initiatives. Our goal is to lead our peer group in implementing straight through processing for the OTC Derivative business while maintaining a low cost centre of excellence to support our global client base. What will you be doing Meet agreed service delivery standards for quality and timeliness break resolution Have a strong understanding of regulatory environment and be aware of recent regulatory changes applicable for OTC market Provide independent oversight over the status of the control environment for the unit responsible for ensuring all deadlines are met in a timely manner and issues are communicated to senior management immediately Act as subject matter expert and go to point of contact for the desk and escalation Facilitate resolution of aged breaks and escalate on high risk break items Providing good customer service and communicating with clients, trade support or front office and respond promptly to queries Actively set and support a culture of continual improvement and target setting for the team. Set stretching objectives for self and team and deliver against those objectives Lead, motivate, and develop teams to create a high performance culture and enhance the knowledge base, skills, talent and capability Demonstrate effective use of performance development, share best practice, identify successors and develop a culture of coaching and development Communicate progress against plans, achievements and challenges. Encourage feedback in addition to ensuring that the teams have the correct training and tools to undertake their duties to the highest standards, delivering a world class service to Barclays clients Perform appraisals for team lead layer, providing guidance and career support Be able to confidently speak to the challenges faced by the team during high level break report meetings with senior stakeholders, taking ownership and responsibility for breaks held by the group Continually analyze business information to identify process and system improvements for increasing business efficiency and effectiveness and play an active role in overseeing their successful implementation Document process flows and identify key process changes required to improve efficiencies. Evaluate cost versus benefit. Implement action plans and conduct working group sessions for projects. Identify technology needs that would streamline the end-to-end process What we re looking for: Diploma in Banking and Finance / Accountancy At least 2 years experience managing a team of minimum 3 staff in the FX /MM/NDF Settlement or Investigation processSkills that will help you in the role: Comprehensive knowledge and experience in managing the operations of FX, MM, NDF Products Strong ability to communicate and build strong relationships with Clients, Infrastructure and Front Office stakeholder Exceptional interpersonal and excellent verbal and written communication skills to confidently and independently manage a team with effective time and people management ensuring all deliverables are met and/or exceeded Ability to identify risk in any process and ensuring that effective controls are designed Strong analytical skills and detail orientated Understand the concept of FX settlements mode (i.e. CLS, gross and net-settlements) Detail-oriented with the ability to multi-task, prioritize work assignments, communicate effectively with internal staff and clientsWhere will you be working ChennaiBe More at Barclays At Barclays, each day is about being more as a professional, and as a person. Be More @ Barclays represents our core promise to all current and future employees. It s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are. Interested and want to know more about Barclays Visit home.barclays/who-we-are/ for more details.Our ValuesPurpose and Values We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term. Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship. Respect We harness the power of diversity and inclusion in our business, trust those we work with, and value everyones contribution. Integrity We operate with honesty, transparency and fairness in all we do. Service We act with empathy and humility, putting the people and businesses we serve at the centre of what we do. Excellence We champion innovation, and use our energy, expertise and resources to make a positive difference. Stewardship We prize sustainability, and are passionate about leaving things better than we found them. Our Diversity We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals. Our Benefits Our customers are unique. The same goes for our colleagues. Thats why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances. These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be. We are proud of our flexible working options for colleagues. If you have a need for flexibility, then please discuss this with us.,

Keyskills :
cost effectivestraight through processingbuild strong relationshipsknowledge baserisk managementfront officecustomer servicetrade supportstrong analytical skillsrisk management frameworkservicstatements of work sow