About Barclays:
Barclays is a British universal bank with a diversified portfolio of businesses, serving various types of customers and clients across the globe. The bank encompasses consumer banking, payments operations, and a top-tier global corporate and investment bank. Supported by its service company, Barclays provides technology, operations, and functional services to ensure efficient operations.
About the Opportunity:
- Job Title: Trust Operations Analyst
- Location: Pune
Working Flexibly:
Barclays is committed to creating an inclusive culture that supports work-life balance. The organization recognizes and facilitates ways to accommodate personal needs while meeting business requirements. Flexible working empowers employees to balance their personal lives while effectively serving customers’ needs.
Hybrid Working:
Barclays offers a hybrid working experience that combines onsite collaboration with remote work. Colleagues work at onsite locations on fixed days of the week while also having the flexibility to work from home. As the hybrid working model evolves, working arrangements may adjust based on business needs.
Introduction:
This role is part of the Trust team within Wealth Operations, providing operational support to Private Bank India.
Responsibilities:
- Support Trust fiduciary services operation for products offered by Barclays Wealth Trust and PMS Operations.
- Ensure smooth execution of day-to-day tasks within the defined SLAs, minimizing errors and audit observations.
- Provide operational support throughout the Trust FO lifecycle, including client onboarding, transaction execution, beneficiary distribution, back-office system recording, and structure closures.
- Coordinate with external Tax Advisors, Trust Advisory Team, and Front Office to ensure timely recording of trade details and settlements.
- Ensure accurate and timely completion of various Regulatory returns, Audits, and disclosure documents.
- Manage trusteeship billing and support escrow transactions.
- Conduct daily reconciliations for Trust accounts and report discrepancies to ORC.
- Support the setup of operational processes for new products and contribute to process improvement initiatives.
- Adhere to Risk Management, Control frameworks, AML guidelines, and ensure proper segregation of client money and assets.
Qualifications:
- Fair understanding of accounting principles, taxation, and bookkeeping.
- Knowledge of securities markets (Equity, Bonds, MF & F&O), including transactions processing, reconciliations, corporate actions, and financial accounting principles.
- Strong analytical skills and ability to prepare reports and solve problems.
- Excellent interpersonal skills.
- Ability to operate effectively in a dynamic environment with tight deadlines and prioritize tasks.
Preferred Skills:
- Minimum Post graduation.
- Strong control environment and risk management understanding.
- Strong business skills, including solution delivery and decision-making.
- Effective personal and interpersonal skills, including communication, influence, and collaboration.
- CA/ICWAI or equivalent qualification.
- Previous experience supporting operations of Mutual Funds, Bonds, PMS products.
- Understanding of accounting principles, advance tax computation, TDS filings, income tax returns filing, and tax payments.
Location:
- Pune
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