Analyst
Barclays · Posted Nov 2
Banking, credit card, corporate, investment banking, and wealth management services
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About the role
Barclays' trading oversight and Product Control team ensures the accuracy and integrity of the bank's trading book, regulatory compliance, and insight into trading performance across Capital Markets, Credit Markets, Fixed Income, FX, and derivatives. The Analyst role supports daily P&L reconciliation, trading risk assessment, trading data analysis, regulatory reporting, and audit support. It works closely with traders, risk, finance, and senior stakeholders, using Excel/O365 and optionally Python, VBA, LLMs, or data visualization tools.
What you will do
- Reconciliation of daily profit and loss (P&L) figures for trading desks to ensure they align with the valued positions in the trading book, investigating and resolving 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, and report on these financial risks to senior colleagues.
- Maintenance and analysis of the bank’s trading data, ensuring its accuracy, completeness and consistency, and provision of insights to traders and senior colleagues on trading performance.
- Preparation and submission of regulatory reports to authorities, and 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.
Skills used in this role
What the employer is looking for
- Strong understanding of Capital Markets products, particularly Credit Markets, Bonds, Fixed Income Securities, FX products, and Fixed Income Derivatives.
- Understanding of trade lifecycle, valuation methodologies, and market conventions across credit products.
- Good understanding of financial accounting principles, ledger impacts, accruals, reserves, and financial statement reporting.
- Strong analytical and problem-solving skills with a high level of attention to detail and control mindset.
- Working with large datasets and proficiency in Excel and O365 applications.
- Excellent verbal and written communication skills, with the ability to present complex financial information clearly to traders, risk teams, finance, and senior management.
- Strong stakeholder management and cross-functional collaboration skills.
- Strong alignment with Barclays Values and Mindset, demonstrating integrity, accountability, collaboration, and the confidence to challenge constructively while driving excellence.
Preferred qualifications
- Knowledge of Product Control functions, including daily P&L production, attribution, reconciliation, valuation controls, and balance sheet substantiation.
- Knowledge of regulatory capital, market risk, counterparty credit risk, and valuation adjustments (XVA).
- Ability to analyze and explain P&L movements, risk exposures, and valuation changes to trading desks and senior stakeholders.
- Experience in Front Office support, Product Control, Valuations, Market Risk, or Financial Control functions within an investment bank.
- Familiarity with financial reporting, Global Accounting Standards, regulatory reporting, and audit requirements.
- Knowledge of LLMs, VBA, Python, or data visualization tools is advantageous.
- Ability to challenge and investigate valuation, booking, or P&L discrepancies independently.
- Project management and process improvement experience, including automation and control enhancement initiatives.
- Ability to work in a fast-paced environment with tight deadlines and changing priorities.
Benefits and support
- Compensation and benefits are detailed in the job posting
About Barclays
Barclays is a British multinational universal bank that provides consumer, corporate, and investment banking, as well as wealth management services. Tracing its origins back to 1690 in London, the institution operates globally to serve millions of retail and institutional clients. The bank leverages cutting-edge technology and digital platforms to drive operational efficiency across its international network.
- Industry
- Banking
- Company size
- 93000+ employees
- Founded
- 1690
- Location
- London, United Kingdom
- Funding stage
- Public Company
Leadership
Group Chief Executive
Group Finance Director
Group Chief Operating Officer
Recent coverage
The Guardian
Barclays to cut 5,000 jobs as AI replaces roles2026-10-22
Investing.com
Barclays Q3 2026 slides show mixed results, on track for targets2026-10-22
Euronews
Barclays cuts 5,000 jobs as net profit grows 13% in Q32026-10-22