Finance Business Architect - Basel IV

Job Vacancy: Finance Business Architect

Location: London

Duration: 6 months initially - project ending January 2025

Barclays Overview

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.

About Finance

Finance has an important role in supporting Barclays’ businesses by providing high-quality reporting and accounting services whilst also supporting business planning and strategy. The strong control environment in which we operate is at the core of everything we do and this is reflected in the design of our operating model and functional lines. We have the critical role of being responsible for the integrity of the financial records for Barclays.

About Finance Business Architecture

The Finance Business Architecture (FBA) function was established in 2019 to support Finance in transforming its operating models, data and technology; and to define the Finance of the Future. We investigate business requirements through assessment of existing operations and target state outcomes, in order to translate into a functional user stories for the purpose of technical or process related change.

We collaborate across different Functional Transaction Cycles (FTC’s) to maintain design standards across their initiatives, facilitating cohesion and alignment of outcomes for Finance as a whole.

Overall purpose of role

This role will hold responsibility for design, delivery and oversight of the Basel IV (BIV) strategic solution which is a major data program and a key enabler to delivering the Basel IV (BIV) Regulatory program. You will be “hands on” supporting the delivery of the solution to ensure business outcomes align with agreed BIV Strategic Architecture strategy.  You will be driving innovative and future proofed designs for the BIV solution using your knowledge of data flows, reporting, control standards and Basel IV regulatory requirements to standardise, drive efficiency of operation. This will include data analysis, process assessment, and future state operating model/process design, promoting best practice design concepts and solutions.

Key Accountabilities

The Finance Business Architect is accountable for owning specific initiatives as part of the overall finance and BIV architecture strategy. This will include: 

• Become a trusted advisor and recognised expert to Finance, Risk and technology colleagues regarding Finance business architecture strategy;

• Actively drive business outcomes for the Regulatory reporting and Risk Reporting functions, through a strategic lens;

• Proactively identify opportunities for improvement, develop the conversation and challenge the status quo; 

• Narrating and championing the Basel IV solution delivery journey;

• Provide guidance and support to Finance Business Architecture Analyst within the team;

• Presenting and influencing key stakeholders at the Design Authority and other governance forums.

• Be responsible for specific designs for the BIV solution within BIV program, facilitate design workshops and prepare topics for the programme wide design authority;

• Work closely with Programme Managers and various Business Analysts to understand business requirements and how they translate into system, data and process change; 

• Analyse data sources to support the creation of design proposals to drive consistency;

• Manage stakeholder to agree solutions that meet business requirements in a holistic manner – acknowledging the interplay across teams, systems and data; 

Person Specification

Personal attributes essential to performing role including competencies, expertise, knowledge, and experience.  

Essential Skills/Basic Qualifications:

• Good knowledge of Regulatory reporting process (Basel reporting, Leverage Ratio, RWA, Large Exposures) and Finance and Risk business process, system, products and technologies.

• Excellent Business Analysis skills of understanding stakeholder requirements and producing Business requirement documents covering data, functional and non-functional requirements.

• Appreciation of data principles, including front to back data flows, data lineage, data modelling and data design;

• Demonstrate excellent communication skills required to influence and negotiating with a broad set of stakeholders; often with conflicting priorities;

• Experience in extracting and analysing data via queries and Power-point skills, with the ability to storyboard and produce best in class presentations;

Desirable skills/Preferred Qualifications:

• Strong data manipulation skills including Excel and experience using one or more data manipulation tools (e.g. Qlikview, Business Objects, Lumira, Smart View, Hive, Python, SQL, SAS);

• The successful candidate will possess a demonstrable track record, working on a variety of relevant data and regulatory reporting automation projects within the risk/ regulatory reporting space;

• Excellent Academic record and professional qualifications;

Purpose and Values 

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.

Respect

We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution.

Integrity

We operate with honesty, transparency and fairness in all we do.

Service

We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.

Excellence

We champion innovation, and use our energy, expertise and resources to make a positive difference.

Stewardship

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.

Empower 

Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.

Challenge

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.

Drive

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.