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AVP - Financial Control

Barclays · Posted Sep 30

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

Mumbai, IndiaFull-timeOnsiteLead/Staff8–12 years₹35.0L–₹55.0L yearly100+ applicants
BankingFinancial ServicesInvestment BankingCredit CardsWealth ManagementPublic Company
Full time

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About the role

Barclays' Finance function in Mumbai is responsible for financial control, regulatory reporting to the Reserve Bank of India, and compliance with financial control and reporting standards. The role oversees RBI regulatory returns, Capital Adequacy, ALM and Treasury reporting, and acts as a key Finance contact during regulatory inspections and audits. The AVP leads a team of finance professionals, manages stakeholder relationships, and drives process automation and reporting transformation initiatives.

What you will do

  • Prepare, review, and oversee RBI regulatory returns and disclosures, ensuring accuracy, completeness, and timeliness.
  • Manage reporting related to Capital Adequacy, ALM, Treasury returns, and other RBI regulatory requirements.
  • Ensure compliance with RBI regulations, internal financial control standards, and accounting frameworks including Indian GAAP, IFRS, and Ind AS.
  • Act as a key Finance contact during regulatory inspections, audits, and reviews.
  • Collaborate with Finance, Risk, Treasury, Operations, and Business teams to support regulatory reporting obligations.
  • Drive automation, process improvements, and reporting transformation initiatives.
  • Lead, coach, and develop team members while fostering a culture of accountability, integrity, and continuous improvement.
  • 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 (CA).
  • Experience in the Indian banking industry.
  • Strong understanding of RBI regulations relating to Capital Adequacy, ALM, Treasury reporting, and regulatory returns.
  • Comprehensive knowledge of RBI requirements applicable to foreign banks operating in India across Corporate Banking, Investment Banking, and Treasury products.
  • Strong knowledge of Indian GAAP, IFRS, and Ind AS.
  • Experience in internal financial controls, financial audits, and regulatory inspections.

Preferred qualifications

  • Strong analytical and problem-solving skills.
  • High execution focus with the ability to manage multiple priorities.
  • Effective stakeholder management and communication skills.
  • Team leadership and people development capabilities.
  • Self-motivated, results-oriented, and detail-focused.
  • Ability to work effectively in a demanding regulatory environment.
  • Strong ownership mindset with a focus on automation and continuous improvement.

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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