Barclays is a major global financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management with an extensive international presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.
With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
As a leading global wealth and investment manager, Barclays provides international and private banking, wealth planning, trust and fiduciary services, investment management, brokerage services and research to private and intermediary clients across the world. Additionally our clients benefit from access to the breadth of personal, corporate and investment banking expertise across Barclays, one of the largest financial services groups in the world.
Our mission is to set a new standard in wealth management by understanding our clients better than anyone else. In pursuit of this objective, we hire and develop only the best people in the industry. We look for talented, tenacious individuals who seek opportunities for self-improvement and career progression. Our long-term agenda can only be achieved through close collaboration and a shared sense of respect, integrity and excellence.
At Barclays, we recruit based on merit and are committed to promoting diversity throughout our organisation.
Purpose of role
The Wealth Geneva Platform Performance and Planning team support the Front Office booking in Geneva and senior management in achieving success through management information, forecasting, operating and strategic plans and decision analysis. Working as part of the Geneva Finance team the role will involve acting as Finance Business Partner for Wealth Europe.
This role will take the lead when it comes to revenue consolidation, planning, budgeting and forecasting for all three key markets that book onto the Geneva platform: Swiss International, Swiss Financial Intermediaries and Latin America; and also providing support for other business units booking on the platform. A key differentiator will be someone who is able to prepare and analyse the detail but be able to step back and seek opportunities for the business to grow, tracking and monitoring performance risks and opportunities and dealing with ad-hoc requests.
The role will work closely with and support the Geneva Finance Team during month end financial process, including Financial Control support and MI production. Together with the Geneva Performance and Planning Team the role will manage relationships with Wealth stakeholders across all business units booking on the Swiss platform.
Performance Reporting & Analysis:
Monthly and weekly consolidation and reporting for the Swiss platform businesses including income, and AuM’s (Assets under Management) using the local MIS systems. Corroboration with the wider Europe Finance teams is required to ensure that the Geneva MI is correctly incorporated into the Global reporting structures. This candidate will need to be able to review and draw conclusions from analysing the MI and use it as a basis for ad-hoc analysis. The MI will need to be presented to the Geneva Head of Platform for the monthly Business Reviews, Weekly Platform Performance reporting and to the CFO for Country Executive Committee meetings in a concise manner providing insight into performance trends and drivers.
Key Business Introducers are paid on a quarterly basis in the form of retrocessions and the coordination of the process is a large component of the role. The candidate will need to run an end to end process, from production to payment, and aligned with the new Barclays policy. Local Swiss MI will need to be reported on a quarterly basis. It is essential to face off to the Front Office and Geneva Infrastructure (Operations, Compliance, Legal and Business Development) to resolve any queries and execute the task accurately.
Budgeting & Forecasting:
Budgeting and forecasting is one of the key responsibilities of the team. The annual budget process is an intensive process to determine the following year’s plans but critically, this then rolls into the regular weekly and monthly forecasting processes to ensure the businesses remain on track to their full year commitments. A key part of this role will be to face off to the business to prepare and challenge forecasts and budgets to ensure that the drivers of performance are clear, well understood and tracked. Engagement with the Head of Geneva, Sales Management and Team Leaders is vital to understand the team dynamics and factors that will influence the budgets and forecasts.
A large element of the role will be adhoc decision support analysis which may relate to a specific business unit or the overall platform or the location. An ability to develop sound financial models to support decision making is vital.
The individual will seek to improve existing processes to drive efficiencies and synergies with other finance teams globally.
Key clients (internal and external)
- Geneva-based Europe CFO
- Switzerland Financial Control Team
- Switzerland Senior Management (Front Office & Infrastructure)
- Switzerland based Front Office teams (Banker, Sales Managers, Business Mgt/COO)
- Non-Swiss based Front Office teams booking on the Swiss platform
- Switzerland infrastructure teams (Compliance, Legal, Operations)
- Global FBP’s
- A financially astute finance professional with a thorough understanding of core finance processes, management reporting, forecasting and budgeting
- Excellent verbal and oral communication skills are essential and the role holder will have the ability to interact with bankers, traders and senior management on a regular basis
- Proven ability to provide high quality finance support and data analysis coupled with experience of the Financial Services industry, with knowledge in both core banking and Investment/Asset management sectors - an understanding of private banking products is encouraged
- A good team player, the ideal candidate will encourage colleagues to contribute but also have the ability to work alone to tight timescales and under pressure
- System skills – advanced user of Microsoft Excel is essential as is the ability to work with large amounts of data
Academic and professional qualifications:
Degree and relevant Accounting & Finance experience – part-qualified or newly-qualified accountant.
Fluency in English is compulsory.
The role holder will have a proactive approach and be a self-starter with personal drive and determination to identify, understand and resolve issues. Ability to multi-task and work under pressure as required in a demanding and growing business and to work as an effective team player is a must. Excellent inter-personal and communication skills working with a variety of different stakeholders, the ideal candidate will consider the big picture and wider implications, but also pay attention to detail when required. A self starter who is willing to challenge the status quo and will have a reputation for reliability and efficient delivery, with minimum supervision required who owns results and deliverables.
Job holder: __________________________
Line Manager: __________________________
As an organisation, Barclays have agreed a single cross-business Purpose for Barclays, and five core Values which underpin it. Our Purpose is helping people achieve their ambitions in the right way. Put simply this is the answer to the question ‘What is Barclays for?’ and it should guide our every action as employees.