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Analyst - Derivatives Middle Office

Barclays

Barclays

IT
Pune, Maharashtra, India
Posted on Feb 18, 2026

Step into the role of Analyst - Derivatives Middle Office acts as the first line of defence, ensuring trade integrity, regulatory compliance, and operational resilience across all derivative products. The role provides strategic oversight of trade validation and trade lifecycle management, partnering closely with Front Office, clients, Technology, and Infrastructure teams to enforce robust controls and deliver timely, accurate execution.

You may be assessed on key critical skills relevant for success in role such as:

  • Provide oversight of the end-to-end trade lifecycle, from booking through settlement, ensuring accuracy, completeness, and policy adherence

  • Ensure internal trade validation within internal Desk/entities to mitigate operational and financial risk mitigate operational and financial risk.

  • Responsible for managing multiple reconciliation and control processes, specifically FOBO and FOFO.

  • Manage lifecycle events including New, Amend, Cancel, Terminate, resets, expiries, and complex restructuring events

  • Relevant experience in Investment Banking Operations & Reconciliation

  • Proven expertise & experience across Intra/Intercompany trade validation & Reconciliation, lifecycle management, and exception resolution.

  • Strong risk and control mindset

  • Ability to manage high pressure environments and tight deadlines with accuracy and ownership.

  • Excellent communication, coordination, and stakeholder management skills.

  • Strong team player, self-starter with positive attitude.

Desirable skills set:

  • Strong understanding of derivative products across asset classes, including Rates, Equities, Structured and Exotic products.

  • Prior exposure to Middle Office Operations, Sales Support, or Product Control.

  • Experience driving automation and strategic change in complex operational environments.

You may be assessed on key essential skills relevant to succeed in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital technology, as well as job-specific technical skills.

This role is based out of Pune.

Purpose of the role

To support business areas with day-to-day processing, reviewing, reporting, trading and issue resolution.

Accountabilities

  • Support various business areas with day-to-day initiatives including processing, reviewing, reporting, trading, and issue resolution.
  • Collaboration with teams across the bank to align and integrate operational processes.
  • Identification of areas for improvement and providing recommendations in operational processes.
  • Development and implementation of operational procedures and controls to mitigate risks and maintain operational efficiency.
  • Development of reports and presentations on operational performance and communicate findings to internal senior stakeholders.
  • Identification of industry trends and developments to implement best practice in banking operations.
  • Participation in projects and initiatives to improve operational efficiency and effectiveness.

Analyst Expectations

  • To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
  • Requires in-depth technical knowledge and experience in their assigned area of expertise
  • Thorough understanding of the underlying principles and concepts within the area of expertise
  • They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
  • If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
  • OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
  • Will have an impact on the work of related teams within the area.
  • Partner with other functions and business areas.
  • Takes responsibility for end results of a team’s operational processing and activities.
  • Escalate breaches of policies / procedure appropriately.
  • Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
  • Advise and influence decision making within own area of expertise.
  • Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
  • Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
  • Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
  • Make evaluative judgements based on the analysis of factual information, paying attention to detail.
  • Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
  • Guide and persuade team members and communicate complex / sensitive information.
  • Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.