Job Description :
The role encompasses all credit impairments across Barclays Group, typically £2-3bn per annum of charges across Barclays UK, Barclays International and Group assets. Business units include credit cards, unsecured lending, mortgages, private, corporate and investment banking.
The role holder will support the Head of Impairment Model Strategy and Governance who will in-turn be accountable to the Group Impairment Controller for ensuring that financial performance is effectively managed, controlled and correctly represented within Barclays Group and to the external market.
The role holder will be responsible for supporting the management of c115 models across the group used to derive impairments for the reporting of actuals or forecasts and will work closely with Quantitative Analytics and Group Technology to develop a best in class analytics function. A key aspect of the role is to develop an integrated model management and execution strategy capable of delivering insightful, timely and speedy impairment results and explains.
The role holder will support the group impairment management team to develop appropriate risk management measures to protect the bank against the impact of future losses. The role holder will support model strategy, model execution, model performance and model governance for the group and will work closely with Quantitative Analytics, IT, business stakeholders and analytical teams to develop and execute the transformation strategy for the group.
All outputs need to be clear, transparent, in keeping with required reporting and prudential standards as well as providing management with the ability to understand and influence future results effectively.
What will you be doing
• Responsible for supporting the management of the group impairment models covering credit losses, partnering with individual model owners to define our impairment models strategy
• Support Model Strategy lead to redefine expectations and approach to the governance landscape surrounding model risk (incl. streamlining model monitoring)
• Design network and programme to deliver actuals, forecasts and stress tests
• Support delivery of CECL programme to ensure regulatory compliance
• Support model and technology platform strategy with key service providers for impairment modelling and change (Quantitative Analytics, Group Technology, Independent Validation Unit, Risk functions)
• Support development of technology enabled P&L explains and links between accounting regulations
What we’re looking for:
• Technical / Qualifications:
Strong analytical skills
Knowledge of modelling techniques and emerging analytical tools
Educated to Degree level, with relevant experience in Banking and/or Financial Institutions.
SAS/Python coding experience
Skills that will help you in the role:
• Expertise in IFRS9 risk analytics would be desirable
• Ability to translate complex problems into interesting narratives and solutions
• Commercial:
A deep interest in the drivers of performance and a passion for improving results
Strong commercial knowledge and understanding of economic drivers
• Leadership / Team working:
Self driven and initiated
Motivated by excellence
• Communication:
Strong people skills and communicator – verbal and written
Ability to express views orally and in writing in wide variety of business language and not just in technical language
Desire to build influencing skills
• Personal attributes:
Strong intellect balanced with pragmatic approach
Able to operate effectively in ambiguous and fluid situations
Analytical
High level of self-belief
Sets high standards for self and others
Inclusive and open approach
Entrepreneurial and willing to push the boundaries with new technologies
Where will you be working
• Noida
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.
Our Values
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 Diversity
We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals.
Our Benefits
Our customers are unique. The same goes for our colleagues. That’s why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances. These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be. We are proud of our dynamic working options for colleagues. If you have a need for flexibility, then please discuss this with us.
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