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AVP - Finance

Barclays · Posted Oct 16

Banking, credit card, corporate, investment banking, and wealth management services

Mumbai, IndiaFull-timeOnsiteLead/Staff8+ years₹35.0L–₹55.0L yearly94 applicants
BankingFinancial ServicesInvestment BankingCredit CardsWealth ManagementPublic Company
Full time

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About the role

The role sits within Barclays' Finance function in Mumbai and focuses on financial operations, regulatory reporting to the Reserve Bank of India, and financial control in an NBFC context. It involves managing a team, preparing statutory and regulatory reports, coordinating with auditors and regulators, and maintaining internal controls and financial systems. The AVP Finance will lead regulatory submissions, ensure adherence to accounting standards and RBI guidelines, and support risk mitigation and policy development.

What you will do

  • lead the preparation and review of regulatory reporting submissions to the Reserve Bank of India(RBI) and lead the team
  • ensure adherence to financial control standards, manage a team, and face off with auditors and regulators during inspections and reviews
  • Management of the preparation and presentation of accurate and timely financial statements, and other accounting records in accordance with the relevant accounting standards, rules and regulations.
  • Support in identification, assessment, and mitigation of financial risks, and report on these financial risks to senior colleagues.
  • Development and maintenance of a robust system of internal controls to safeguard assets, ensure that there is no fraudulent misreporting, and ensure the accuracy of financial data, including regular assessment of the effectiveness of internal controls addressing any weaknesses or gaps.
  • Development and implementation of up-to-date financial policies and procedures to ensure consistent and effective financial practices across the organisation.
  • Management of the selection, implementation, and maintenance of financial systems and software applications, including collaboration with IT colleagues to integrate financial systems with other enterprise systems.
  • Preparation and submission of statutory and regulatory reports to authorities, and provision of support to other departments in their preparation and review of regulatory reports.
  • Coordination with external auditors and regulatory authorities in support of audits and examinations.

Skills used in this role

What the employer is looking for

  • Qualified Chartered Accountant with post-qualification experience with leading NBFCs
  • Good understanding of RBI regulations around BASEL III, Capital Adequacy norms, ALM norm, Treasury returns is a must.
  • Experience in Non-Banking Finance Companies is a must
  • Well versed with India Gaap, IFRS and IndAS accounting standards
  • Understanding of internal financial control requirements
  • Experienced in managing financial audits and regulatory inspections
  • Strong ownership and problem-solving mindset
  • Promote and develop team with right cultural mindset
  • Should be able to drive automation initiatives
  • Complete understanding of the Reserve Bank of India guidelines for NBFCs
  • Accuracy, completeness, and timeliness of RBI deliverables
  • Understanding of regulations and control frameworks
  • Stakeholder management (e.g., auditors, regulators)
  • Team management and performance oversight
  • Responsiveness to ad-hoc queries and inspections

Preferred qualifications

  • Duly experienced in managing junior team members
  • Ability to prioritise multiple regulatory deliverables
  • Effective stakeholder management and ability to work in demanding environment
  • Strong verbal and written communication skills

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

CV
C.S. Venkatakrishnan

Group Chief Executive

AC
Anna Cross

Group Finance Director

AC
Alistair Currie

Group Chief Operating Officer

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