Assistant Vice President - Collateral & Margin Services - Investment Banking

Key Accountabilities :

- Ensure all Margin calls have gone through required due diligence on data quality and margin policy and sent to client within agreed timeline

- Optimize collateral portfolio view by consolidating collateral positions across iRepo

- Perform controls to ensure all trades subject to margining is captured in the margin process

- Agree tri-party and Stock Borrow of lending collateral requirements with clients and trading desk, answer booking queries from trade capture utility (TCU) teams

- Management Reporting - consolidated reporting & escalation on daily volume and risk issues.

- Provide oversight and escalation of settlement fails, Investigation and resolution of margin call disputes, involving interaction with various internal areas (Front Office, Legal, Credit Risk Management and Operations)

- Responsible for procedure, checklist and process flow updates and is held accountable on governance meetings

- Uphold the controls and procedures for the team, and highlight any control gaps identified to management to ensure that these are reviewed and addressed as necessary.

- Participation in key industry initiatives, constantly striving to push the team forward.. Drive process improvements within the team to drive efficiency and cost savings:

- Strong analytical skills required to perform complex analysis on the volumes and process flow to identify the root cause.

- Suggest innovative solutions to improve efficiency and provide the VP with a detailed breakdown to quantify the time/ headcount savings from the initiative.

Stakeholder Management and Leadership :

- Engage with global CMS leadership team as well as Finance, IT and wider IBMO leads and build strong relationships

- Hire, retain and develop talent in Mumbai/Chennai CMS

- Involve Mumbai/Chennai CMS team in wider Chennai initiatives and community work

Decision-making and Problem Solving :

- Exercise strong judgement skills to make the necessary decisions to address client queries, guide team members to answer complex queries and ensure all high-priority queries are escalated to the management immediately.

- Able to analyze exceptions along with team, find root cause and track resolution and deliver sustainable process and excellence across the functions

Risk and Control Objective :

All Barclays colleagues have to 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

Person Specification

- Bachelor degree or equivalent experience in a securities financing function or other collateral management and margin process

- Direct experience of the fixed income financing functions would be a significant advantage.Broad business and operational knowledge across markets and asset classes is valuable.

- Strong approach to risk management and awareness of control across line functions.

- Excellent interpersonal skills including relationship management, communication and teamwork.

- Strong analytical and problem solving skills. Well organised with good time management skills and the ability to meet tight deadlines and prioritise tasks.

- Proactive and positive attitude and desire to make a difference.

- Detailed and meticulous, consistently delivering a high level of accuracy and attention to detail with high quality output.

- Able to multi-task and prioritise accordingly in a highly pressurised environment.

- Willing to take on responsibility.