VP - Product Control - BFSI

The jobholder is specifically expected to deliver continuous improvement in financial processes and controls by:

Ensure all staff are effectively led, motivated, developed and appraised so that their individual and collective performance is of the required high standard and meets the current, as well as the future, needs of the business.

Providing strong leadership to Finance staff and act as a coach to communicate and achieve the Finance objectives and vision.

Promote and facilitate the application of Finance policies and procedures across the teams by monitoring adherence to the policies by the various Finance teams and ensuring in particular that they remain fully compliant with all finance regulatory/statutory requirements.

Lead performance review within the Finance teams, analyzing and interpreting financial information, and advising/challenging and supporting the team leaders in improving the financial control and reporting environment.

Take personal ownership for Performance Improvement by developing a meaningful and insightful performance management matrix capturing causal linkage between hard and soft performance deliverables.

Seeking ways of rationalizing, leaning and enhancing the existing processes and controls.

Strategy:

Develop and implement the business strategy for own business area.

Monitor and drive plans to achieve successful completion of work as per the time, budget and quality standards.

Work extensively with the onshore stakeholders to identify and exploit opportunities for effective migration of processes.

Leadership:

Provide leadership to the process managers with an oversight for issue resolution.

Create an environment that promotes continuous improvement and high levels of employee engagement.

Embed a culture of regular reviews and performance management aligned to GRB standards.

Leverage and integrate the capabilities of resources across all levels of the organization to accomplish complex objectives.

Service Delivery :

Ensure adherence to daily schedule and service level agreements (SLAs).

Ensure process compliance as per the regulatory guidelines and audit requirements.

Oversee the preparation of basic financial analysis, impairment analysis, financial reports, financial planning and financial statements analysis.

Review and analyse complex financial reports and financial statements analysis and present the same to the management.

Establish innovative systems and procedures for handling data & reports and continuously improvise on them.

Identify process improvement opportunities.

Understand customer needs and provide innovative solutions.

Manage and monitor quality for the business area.

Respond to and resolve issues arising out of interactions with clients.

Ensure open communication and address issues/ concerns raised.

Relationship Management:

Establish and maintain effective working relationship with key stakeholders across businesses served.

Team Management :

Measure performance of the team against SLAs and KPIs.

Ensure effective allocation and utilisation of resources across the team in order to maximise effectiveness.

Engage, motivate and coach the team towards achieving goals.

Assist in identifying the developmental needs of the team & encourage taking suitable training programs to enhance capabilities and skills.

Communicate strategic developments within the business area.

Groom and mentor the team to handle wider span & higher responsibilities.

Build effective communication channels to ensure open communication and address issues/ concerns raised by the team.

Build effective vertical and horizontal communication channels.

Controls and Compliance:

Ensure adherence to and compliance with governance, risk policies, procedures and compliance policies.

Risk and Control Objective:

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Barclays Operational Risk Framework and internal Barclays Policies and Standards.

Other:

Ensure escalation of issues to management on timely basis.

Proactive involvement in new business initiatives.

Build close working relationship with Front-Office, Middle-Office, Operations and Risk departments and promote PC profile. Be viewed as a trusted business advisor.