Job Title: Analyst Credit Operations
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.
Risk and Control Objective
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.
We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs
We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. Please discuss the detail of the working pattern options for the role with the hiring manager.
What will you be doing?
a) Credit Documentation and Administration
o To prepare credit documents (Sanction Letter / Facility and Security documents) to ensure that the document covers all approved conditions as per sanction along with credit covenants.
o Coordinate with legal for amending existing credit documents or preparing new credit documents as per the terms of sanction.
o Scrutiny of executed documentation as per Corporate authorities of the Borrower and Guarantor companies
o Checking and maintaining the limits of Borrowers in GCIS system to ensure country clearance of facilities sanctioned
o To update limits in the system, post satisfactory verification of executed documents along with conditions precedent
o To ensure all legal / compliance / credit approvals are in place prior to issuance of the draft documents to the Borrowers
o Calculation of drawing power basis the collateral pledged to ensure that sufficient DP for the borrower to drawdown the facilities
o Co-ordinate with treasury and business to make limits available for disbursals
o To track and review security perfection for each of the facility granted to the Borrowers
o To escalate documentation discrepancies to the Front Office for rectifications.
o Regular updation and reconciliations of pledged securities. (internally as well as externally with PMR / AMCs)
o Involved in various other post sanction activities during the entire life cycle of the loan
o Identification of applicability of CHG1 & CHG4 for creation & satisfaction of charge with ROC
o Issuance of lien marking and lien release letters as per the requests
o Maintenance and circulation of various MIS to stakeholders
o To ensure safe Custody of the documents
o To ensure all regulatory guidelines are met with pre and post limit activations
o Handling incoming and outgoing credit information requests with the coordination of PBE’s/ RM’s
o Ensuring timely resolution of audit issues (Statutory / Concurrent / Regulatory / Internal) by providing satisfactory explanations to the auditors, thus ensuring a satisfactory audit rating.
o Any other responsibilities entrusted from time to time
What we’re looking for:
Skills that will help you in the role:
Where will you be working?
Be More at Barclays
At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Purpose, Values and Mindset
We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.
Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.
We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone’s contribution.
We operate with honesty, transparency and fairness in all we do.
We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.
We champion innovation, and use our energy, expertise and resources to make a positive difference.
We prize sustainability, and are passionate about leaving things better than we found them.
Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.
Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.
Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.
Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.