PC Equities Analyst

About the Role

Join Barclays as a PC Equities Analyst, playing a pivotal role in working with the Line PC team for completeness and accuracy of the books and records, encompassing P&L (Profit & Loss) and Balance Sheet substantiation and reporting. This role is responsible for monitoring trading activity for compliance with various related policies and providing management with technical and operational analysis of the business unit. You will have the opportunity to work closely with Front Office business, Financial Control, Technical Accounting Group, PC Change Management, Technology, and other infrastructure areas. This role is based in our Pune and Chennai offices.

Purpose of the Role

To oversee the financial aspects of trading activities, ensuring the accuracy and integrity of the bank's trading book, maintenance of compliance with regulatory requirements, and provision of insights into trading performance.

Key Responsibilities

• Reconciliation of daily P&L figures for trading desks to ensure they align with the valued positions in the trading book.
• Investigate and resolve discrepancies between P&L figures to ensure they reflect the true economic value of the trading portfolio.
• Support the identification, assessment, and mitigation of trading risks.
• Report on financial risks to senior colleagues.
• Maintenance and analysis of the bank’s trading data, ensuring its accuracy, completeness, and consistency.
• Provision of insights to traders and senior colleagues on trading performance.
• Preparation and submission of regulatory reports to authorities.
• Provision of support to external audits, including addressing auditor queries and ensuring trading activities are appropriately reflected in financial statements.
• Effective communication of complex financial information to traders, risk professionals, senior colleagues, and external stakeholders.
• Cross-functional collaboration to ensure a coordinated approach to trading activities.
• Perform prescribed activities in a timely manner and to a high standard, consistently 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 own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to work owned or contributed to.
• Deliver work and areas of responsibility in line with relevant rules, regulations, and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organization's products, services, and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organization sub-function.
• Make evaluative judgments based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of 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, while building a network of contacts outside the team and external to the organization.

Requirements & Tech Stack

• MS office toolkit
• Qualified accountant
• Excellent communication and presentation skills in both formal and informal settings.
• Ability to interact with the region and UK/US as part of a global team (written and verbal).
• Strong control awareness – ability to identify and escalate potential control breakdowns and to streamline processes in an effective and efficient manner.

Qualifications & Valued Skills

• Article ship / Industrial trainee in mid to large-sized firms.
• Audit exposure in large financial institutions / banks preferred.
• In-depth technical knowledge and experience in assigned area of expertise.
• Thorough understanding of the underlying principles and concepts within the area of expertise.
• For individual contributors: develop technical expertise in work area, acting as an advisor where appropriate.
• For roles with leadership responsibilities: demonstrate clear leadership behaviors to create an environment for colleagues to thrive and deliver to a consistently excellent standard.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organization sub-function.
• Make evaluative judgments based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.
• Demonstrate Barclays Values: Respect, Integrity, Service, Excellence, and Stewardship.
• Demonstrate Barclays Mindset: Empower, Challenge, and Drive.