AVP of Regulatory Capital Reporting

4 weeks ago


Jefferson, South Carolina, United States Barclays Full time
Job Overview

Role Objective

The primary aim of this position is to oversee the financial operations within the organization, ensuring the precision, integrity, and dependability of financial reporting.

Key Responsibilities
  • Oversee the preparation and presentation of precise and timely financial statements and other accounting documentation in line with applicable accounting standards, regulations, and guidelines.
  • Assist in the identification, evaluation, and mitigation of financial risks, providing reports on these risks to senior management.
  • Establish and maintain a robust internal control system to protect assets, prevent fraudulent reporting, and ensure the accuracy of financial data, including regular evaluations of the effectiveness of these controls and addressing any identified weaknesses.
  • Develop and implement current financial policies and procedures to ensure uniform and effective financial practices throughout the organization.
  • Manage the selection, implementation, and upkeep of financial systems and software applications, collaborating with IT teams to integrate financial systems with other enterprise applications.
  • Prepare and submit statutory and regulatory reports to governing bodies, while also supporting other departments in their preparation and review of regulatory submissions.
  • Coordinate with external auditors and regulatory agencies to facilitate audits and examinations.
Expectations for the Assistant Vice President
  • Provide consultation on complex matters, offering guidance to leadership to assist in resolving escalated issues.
  • Identify risk mitigation strategies and develop new policies and procedures to support the governance and control framework.
  • Take responsibility for managing risks and enhancing controls related to the responsibilities of the role.
  • Engage in work closely related to other areas, necessitating an understanding of how different functions coordinate and contribute to the organization's objectives.
  • Collaborate with various teams to stay informed about business activities and strategic initiatives.
  • Conduct complex analyses of data from diverse sources, both internal and external, to creatively and effectively solve problems.
  • Communicate intricate information, which may include sensitive or challenging content tailored to specific audiences.
  • Influence stakeholders to achieve desired outcomes.
All employees are expected to embody the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, serving as our ethical compass. They should also demonstrate the Barclays Mindset - to Empower, Challenge, and Drive - which outlines our behavioral expectations.

In this role, you will be part of the Regulatory Capital Team, focusing on the development and ongoing calculation and reporting of both point-in-time and CCAR Projected risk-weighted assets (RWAs), capital, leverage, and SCCL Large Exposures for Barclays IHC (Intermediate Holding Company) to both internal and external stakeholders. This will be conducted in accordance with the Federal Reserve's interpretation of the Basel III risk-based capital regulations, with a significant emphasis on the development of Basel IV calculations.

Your performance may be evaluated based on essential skills pertinent to success in this role, including risk management, change and transformation, business acumen, strategic thinking, and technical expertise specific to the position.


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