Job description
Job Title:
Lead Business & Data Analyst
Corporate Grade:
D
Reports to (Line Manager’s Job Title):
Lead Business & Data Analyst
Direct Reports (if applicable):
Yes
Business Area:
COO Risk, Finance and Treasury
Department/Function Level 1:
COO & Functions
Department/Function Level 2:
COO
Primary Location:
London
IAR Role
No
Regulated Role
No
If yes, what is the name of the regulator
N/A
Contractual Legal Entity – Please refer to link below for legal and regulatory requirement.
https://confluence.barcapint.com/display/COOSRVCOSM/Strategic+Projects
BX
About 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.
We are an equal opportunity employer and we are opposed to discrimination on any grounds.
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, and your request will be reviewed subject to business needs.
Hybrid Working
We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We’re flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances
Please discuss the detail of the working pattern options for the role with the hiring manager.
Overall purpose of role
The role is the Lead Business and Data Analyst for the Cross- Finance & Risk Streams of programs, such as FRTB IMA and Trading Wind Down. It is also the lead Data Analyst role for key Data Centric Finance programs such as the various Sub-Ledger migrations to the Strategic Sub-Leger & P&L tool, and sourcing data strategically into this platform. This role is focused on materially improving Risk and Finance Data and Processes within the Investment Bank and regulatory commitments.
Key Accountabilities
- Work closely with the stream Business Analysts and technology stakeholders to understand business requirements and how they translate into system, data and process change. With particular emphasis around the Data components. Identify points of overlap and contention across the various streams and use this to formulate a sensible sequencing of change.
- Manage the BAs within the function to ensure they deliver high quality requirements within optimal timelines and which result in the Business's targeted outcomes - partnering closely with the Finance Business. Strong content knowledge across all areas of Group Finance required to ensure requirements are of good quality.
- Partner with CIOs and Architects to design solutions that meet business requirements.
- Understand the roadmap to strategically source data and perform comparisons between Legacy and Target data sources to ensure they reconcile or differences are understood and substantiated or remediated.
- Drive the comparison of Risk-Theoretical-P&L with Hypothetical P&L, as required for FRTB IMA, best ensuring we are able to pass the PLAT tests. This includes defining and implementing a cross Finance-Risk process and related controls.
- Driving Sub-Ledger migrations to our Strategic Sub-Ledger, Motif.
- Leading Data Analysis on the Regulatory Trading Wind Down program.
- Other prioritised Data focuses such as focusing on Data Quality, Data Controls, Data Lineage and sourcing from designated Authoritative Sources.
- The candidate will become part of a team of SMEs who will be the ‘go to’ experts for key data related focuses both front-to-back, and across product.
Essential Skills/Basic Qualifications:
- Multiple year experience (>10 years) successfully managing Change within Risk, Finance or Treasury within an Investment Bank with strong business knowledge of Investment Banking Products as well as front-to-back flows.
- Experience at managing a diverse set of Business Analysts.
- Experience at managing multiple diverse and senior stakeholders, including MD level.
- Very knowledgeable about either Product Control/Product Accounting and/or Market Risk Processes and methodology and/or end-of-day Risk processes.
- The role holder will be a strong communicator with experience of running meetings involving a diverse set of stakeholders
- Strong experience of working with Data relating to Investment Bank Products, ideally with experience at constructing SQL-type queries to review and compare data sets.
- Exceptional stakeholder management skills, with the ability to inform business decisions.
- Strong analytical/problem solving mind set but with the ability and willingness to get into the details to find solutions.
Desirable skills/Preferred Qualifications:
- Qualified Accounting or similar
- Programme Management/Business Change experience in cross functional teams
- Experience of best practice project management methodologies and tools, combined with the ability to influence the business, operations, functions to adhere to best practice.
- Experience working on financial regulatory programs
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.
Purpose, Values and Mindset
Respect
Integrity
We operate with honesty, transparency and fairness in all we do.
Service
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 Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.
Empower
Challenge
Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.
Drive
Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.