Analyst Macro Product control

About the Role

The Analyst Macro Product Control role at Barclays involves ensuring the completeness and accuracy of books and records, including Profit & Loss (P&L) and Balance Sheet substantiation and reporting. The role requires monitoring trading activity for compliance with policies and providing technical and operational analysis to management. Collaboration with Front Office business, Financial Control, Technical Accounting Group, PC Change Management, Technology, and other infrastructure areas is expected.

Key Responsibilities

• Reconcile daily P&L figures for trading desks with valued positions, investigating and resolving discrepancies.
• Support the identification, assessment, and mitigation of trading risks, reporting findings to senior colleagues.
• Maintain and analyze the bank’s trading data for accuracy, completeness, and consistency, providing insights into trading performance.
• Prepare and submit regulatory reports and support external audits.
• Communicate complex financial information 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 and high-standard manner, driving continuous improvement.
• Escalate breaches of policies/procedures appropriately.
• Take responsibility for embedding new policies/procedures adopted due to risk mitigation.
• Advise and influence decision-making within your area of expertise.
• Take ownership for managing risk and strengthening controls.
• Deliver work and areas of responsibility in line with relevant rules, regulations, and codes of conduct.
• Maintain and build understanding of how your sub-function integrates with the wider function and the organization's products, services, and processes.
• Demonstrate understanding of how areas coordinate and contribute to organizational objectives.
• Make evaluative judgments based on factual information analysis, paying attention to detail.
• Resolve problems by identifying and selecting solutions using acquired technical experience, guided by precedents.
• Guide and persuade team members and communicate complex/sensitive information.
• Act as a contact point for stakeholders outside the immediate function, building a network.

Requirements & Tech Stack

• MS Office toolkit
• Qualified accountant
• Excellent communication and presentation skills (written and verbal) for formal and informal settings.
• Ability to interact with regional, UK, and US teams as part of a global team.
• Strong control awareness – ability to identify and escalate potential control breakdowns and streamline processes.

Qualifications

• Article ship / Industrial trainee in mid to large-sized firms.
• Audit exposure in large financial institutions/banks preferred.
• CFA/master’s in finance/financial engineering would be an advantage.
• Risk and controls, change and transformation, business acumen, strategic thinking, and digital and technology skills may be assessed.
• Understanding of underlying principles and concepts within the area of expertise.
• If applicable, demonstrate leadership behaviors: Listen and be authentic, Energise and inspire, Align across the enterprise, Develop others.
• For individual contributors, develop technical expertise and act as an advisor.
• Impact on the work of related teams.
• Partner with other functions and business areas.
• Responsibility for end results of a team’s operational processing and activities.
• Maintain and continually build an understanding of how own sub-function integrates with function.
• Make evaluative judgments based on the analysis of factual information.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience.
• Guide and persuade team members and communicate complex/sensitive information.
• Act as contact point for stakeholders outside of the immediate function.
• Demonstrate Barclays Values: Respect, Integrity, Service, Excellence, and Stewardship.
• Demonstrate Barclays Mindset: Empower, Challenge, and Drive.