AVP Transfer Pricing

Job description

Barclays moves, lends, invests and protects money for customers and clients worldwide. Please visit our website for more information.

The Treasury function is responsible for the management and execution of the Group's capital, funding and liquidity risks and requirements to meet its purpose which is to balance the supply and demand of money and capital to create sustainable value.

Treasury Transfer Pricing (TP) is a global discipline within Global Treasury function of Barclays. TP is responsible for Treasury Transfer Pricing across Barclays to facilitate business areas to identify liquidity value of their products and to assign appropriate internal funding attribution for their products.

Overall purpose of role:

Suitable candidate for this role is expected to perform the following high level activities:
· Transfer Pricing Management & Thought Leadership 20%
· Business Engagement Leadership 20%
· Strategic/Business TP Analytics 30%
· Strategic/Business Transaction Support 30%

Key Accountabilities and Skills required:

Transfer Pricing Management & Thought Leadership c.20%
· Identifying areas of improvement in TP mechanisms and formulating/tabling solutions for stakeholder discussion and approval
· Key thought leader in communicating and driving the TP enhancements with the businesses

Business Engagement Leadership c. 20%
· Work with the relevant stakeholders (e.g. Finance/Products) to resolve the identified BAU TP issues on a timely basis
· Represent TP at relevant business unit forums
· Communicate and engage with business stakeholders on TP enhancement initiatives and work with the relevant teams to implement on a timely basis

Strategic/Business TP Analytics c.30%
· Help the businesses understand TP through provision of analytics MI (e.g. funding mismatches, sensitivity, drivers of change etc)
· Drive efficiencies across the business divisions by standardising and automating key TP analytics
· Support business on strategic projects (acquisitions/disposals/portfolio reviews) by providing timely TP related impact assessment and work to realise the related TP deliverables
· Contribute meaningfully to key initiatives within Transfer Pricing or wider Treasury projects (e.g. SRP)

Strategic/Business Transaction Support c.30%
· Work with the stakeholders to attribute the Treasury TP flows to the relevant business units
· Review/challenge the attributions to ensure it is in line with stakeholder expectations
· Understand the monthly drivers of the PL attribution and establish a more proactive approach to highlight changes to the stakeholders

Your Skills and Qualifications will include

Essential
University degree
Strong communication skills
Good numeric ability and analytical skills

Preferred
Professional qualification (Accounting, Finance or Treasury specific ones)
Ability to explain complex ideas in simple language to the stakeholders
Good working knowledge of Microsoft office (including VBA) applications
Knowledge of liquidity, capital and/or transfer pricing concepts

Risk and Control:
All Barclays colleagues have to ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards

The Benefits: Our customers deserve the best. The same goes for our employees. That's why at Barclays you'll receive a range of benefits that include a competitive salary and all the tools, technology and support you need to succeed.

Our Culture: Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. The values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our employees. Simply put, success is not just about what you achieve, but about how you achieve it.

Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.
Barclays is an equal opportunity employer and are opposed to discrimination on any grounds.

For more detailed information, please visit our dedicated Diversity and Inclusion site.