Step into the role of Senior Analyst at Barclays, where you'll provide first-class support by conducting in-depth due diligence, ensuring compliance with regulatory requirements, and safeguarding our clients and organization with expertise and care.Private Bank & Wealth Management Credit Operations supports and services the Lending (Credit) requirements for a suite of credit products ranging from Mortgages, Secured Backed Lending, Portfolio Finance, Loans, Overdrafts etc. across both wealth & PB entities, across UK and Channel Islands.
About Credit Operations
Post-Sanction Fulfilment (PSF) & Collateral teams are further segregated basis the managed activities performed by the following teams to support the Credit Lifecycle.o??Documentation Teamo??Fit to Lend (FTL)o??Drawdowno??Registration & Perfectiono??Collateral Monitoringo??Credit Servicing
Overall purpose of role
The role holder will be responsible for review on Documents Generated, Documents Issued, dealing with Solicitors instructions, Conditions Precedent Execution and Lapsed Facility letter management..
You may be assessed on key critical skills relevant for success in role such as:
The ideal candidate can be aligned to perform the outlined tasks (stated below) within the target operating model of Credit Operations.
- ??The Facility and Collateral Documentation team is responsible for the production and issuance of Credit Agreement (Facility & Security documents) to the RM/FO and Solicitors for completion and execution.
- ??The Facility and Collateral Setup team is responsible for the receipt and validation of returned Credit Agreement documents (inc. Fit to Lend checks and Limit Marking) and the setup of these on the required system before drawdown is completed. The role holder will be responsible for Document Receipt & Management, Document Validation, Conditions Precedent Execution, Account Opening, Expired Facility Letter Management, Setup Facility, Book Collateral and Mark Limits.
- ??The Draw Facility Team is responsible for drawing execution upon client request and management of any drawdown issues arising from lapsed facilities or failed transactions. The role holder will be responsible for; issuing drawdown letters, basic client authority checks, managing failed transactions/return of funds, there will also be internal liaison with relationship managers.
- ??The Collateral Registration and Perfection team is responsible for registration and perfection of collateral with third parties across all security types, jurisdictions and legal entities. The role holder will be responsible for; document management, registration of collateral with 3rd parties; document validation, document custody and perfection, there will also be 3rd party liaison. Within this role it is essential to have detailed knowledge of security types across asset classes.
- ??The Monitoring team is responsible for the collateral and facility monitoring, information validation and escalation of breaches to appropriate Credit Risk and Private Bank functions. The role holder will be responsible for; issue escalation/exception management, information integrity checks, feeds checks, margin calls/close out, bespoke monitoring, revaluation requests and internal liaison.
- ??The Monitoring team are also responsible for the management of excess account positions and the issuance of regulatory documentation in correspondence with the above. The role holder will be accountable for reviewing, identifying and taking the appropriate actions on excess positions.
- ??The Credit Servicing team is responsible for facility and collateral administration: ranging from customer enquires through lifecycle event management to collateral discharge and facility closure. The role holder will be responsible for; process execution, lifecycle event management, facility amendments, customer enquiries/complaints, managing daily volumes of post and managing end of terms.
- ??The Controls Team takes ownership for implementing and adherence to internal and external controls and regulations. The role holder will be responsible for; a number of tasks including; quality assurance, audit, risk event management, root cause analysis and regulatory adherence.
You may be assessed on key essential skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.This role is based out of Pune.
Purpose of the role
To support PBWM with day-to-day processing, reviewing, reporting, and issue resolution.
