Ifrs9 Avp

Job Title IFRS9 AVP
Location: Chennai

About Barclays
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.

Working Flexibly
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.

Hybrid Working

Please discuss the detail of the working pattern options for the role with the hiring manager.

Introduction:
The BI RIS WCR IFRS9 team is responsible for the production and review of timely, accurate and complete Expected Credit Loss metrics to support internal MI and external financial reporting. The role holder will be a key contributor to the IFRS9 Impairment process, ensuring high quality data analysis, identification of risk drivers, execution and evidencing of SOX controls, interaction with stakeholders & management, and participation in the ongoing design and testing of IT & model enhancements.

What will you be doing?
- Responsible for monthly impairment calculation and reporting processes, including, model execution, data analysis, and stakeholder management, in line with the SOX control environment.
- Participation in strategic business and regulatory driven projects, including, implementation of new business and system processes, supporting the calculation of ad-hoc impairment impact assessments, and enhancing existing system functionality.
- Responsible for quarterly\Monthly STDF (Stress testing data framework) production for Bank Of England
- Responsible for the design, development and testing of data solutions, providing customer guidance when requirements need translating from business language and ensuring good practice.
- Ensure the robustness of the control environment, documenting issues, and proposing resolutions.
- Perform impairment impact analyses relating to model changes, economic scenario refresh, and counterparty specific parameter sensitivity.

What we’re looking for:

- Minimum undergraduate degree.
- Working knowledge of the IFRS9 ECL calculations, in particular, impairment modelling methodology used for Wholesale Credit Risk portfolios.
- Strong understanding of the use of Wholesale Credit Risk parameters, such as, PD, LGD, EAD, in Capital and Impairment calculations.
- Strong understanding of Credit Risk RWA calculations.
- Strong analytical and problem solving abilities.
- Confidence to deal with stakeholders across all levels including the front office.
- Clear and effective communication and presentation skills, both written and verbal.

Skills that will help you in the role:

- Working knowledge of data analysis tools such as Python/SQL/SAS/etc. used to interrogate data.
- Previous experience of analysing impairment reporting data and credit factor movements.
- Exposure to business analysis, investigating issues and documenting findings.
- Post graduate degree or professional qualifications such as CFA/FRM looked at favourably.

Where will you be working?
Chennai

Be More at Barclays
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.

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.
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