Only 24h Left Avp Traded Risk Validation

The following apply button and save job button is for a sticky navigation bar As such this is duplicated for presentation purposes Save for LaterNoida Uttar Pradesh Save for LaterDate live Aug 29 2024Business Area RiskArea of Expertise Risk and Quantitative AnalyticsReference Code 90384909Contract PermanentWhere will you be locatedTake a look at the map to see whats nearby Train stations bus stops gyms restaurants and more Inviting potential Candidates looking out for an opportunity with Barclays for AVP Traded Risk Validation Role in MRM TeamLocation NoidaPreferred Skill Set Academics Education - postgraduate in a quantitative discipline for example mathematics physics or quantitative finance The ideal candidate will have proven ability to understand several traded risk modelling approaches including models for VaR PFE and initial margin and their strengths and weaknesses Experience in mathematical skills including in probability statistics differential and integral calculus linear algebra stochastic calculus and numerical methods Strong Experience on programming skills in languages packages such as Python C or Matlab Exposure to the knowledge around the financial products pricing and fundamentals is a plus Purpose of the role To validate and approve models for specific usages both at inception and on a periodic basis and of model changes as well as conducting annual reviews xc3 x82 Accountabilities xc3 x82 Validation of models for their intended use and scope commensurate with the complexity and materiality of the models Approval or rejection of a model or usage based on assessment of the model xc3 xa2 xc2 x80 xc2 x99s conceptual soundness performance under intended use and the clarity of the documentation of the model xc3 xa2 xc2 x80 xc2 x99s inherent risks limitations and weaknesses Assessment of any compensating controls used to mitigate Model risk Documentation of validation findings and recommendations in clear and concise reports providing actionable insights for model improvement Evaluation of the coherence of model interactions and quality of Large Model Framework aggregate results that generate output for regulatory submissions or management decision making and planning Design of the framework and methodology to measure and where possible quantify model risk including the assessment of framework level uncertainty Assistant Vice President Expectations Consult on complex issues providing advice to People Leaders to support the resolution of escalated issues Identify ways to mitigate risk and developing new policies procedures in support of the control and governance agenda Take ownership for managing risk and strengthening controls in relation to the work done Perform work that is closely related to that of other areas which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function xc3 x82 xc2 xb7 xc3 x82 Collaborate with other areas of work for business aligned support areas to keep up to speed with business activity and the business strategy xc3 x82 xc2 xb7 xc3 x82 Engage in complex analysis of data from multiple sources of information internal and external sources such as procedures and practises in other areas teams companies etc to solve problems creatively and effectively xc3 x82 xc2 xb7 xc3 x82 Communicate complex information Complex information could include sensitive information or information that is difficult to communicate because of its content or its audience xc3 x82 xc2 xb7 xc3 x82 Influence or convince stakeholders to achieve outcomes All colleagues will be expected to demonstrate the Barclays Values of Respect Integrity Service Excellence and Stewardship xc3 xa2 xc2 x80 xc2 x93 our moral compass helping us do what we believe is right They will also be expected to demonstrate the Barclays Mindset xc3 xa2 xc2 x80 xc2 x93 to Empower Challenge and Drive xc3 xa2 xc2 x80 xc2 x93 the operating manual for how we behave More about working at BarclaysWorking in APACBarclays has been in Asia Pacific for over 50 years supporting corporations and financial institutions across the Asia Pacific region and connecting them to the capital markets of UK Europe and the Americas For more informationHybrid WorkingAt Barclays we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations together with working from home We have a structured approach where colleagues work at an onsite location on fixed xc3 xa2 xc2 x80 xc2 x98anchor xc3 xa2 xc2 x80 xc2 x99 days of the week for a minimum of two days a week or more as set by the business area or nearest equivalent if working part-time hours Please discuss the working pattern requirements for the role you are applying for with the hiring manager Please note that as we continue to embed our hybrid working environment we remain in a test and learn phase which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business Reasonable AdjustmentsBarclays welcomes applications from all candidates and is committed to ensuring reasonable adjustments accommodations are put in place to allow for a fair and inclusive recruitment process For more information and how to request one please reviewWorking FlexiblyWe xc3 xa2 xc2 x80 xc2 x99re 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 xc3 xa2 xc2 x80 xc2 x99 and clients xc3 xa2 xc2 x80 xc2 x99 needs Whether you have family commitments or you xc3 xa2 xc2 x80 xc2 x99re 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 How to ApplyWe re committed to providing a supportive and simplified experience for our candidates throughout the application and assessment process Here you will find information about what to expect and some guidance around your assessment and interview While the application process depends on the role there are some constant steps which are Step 1 - Your application Step 2 - Your assessment Step 3 - Your interview Step 4 - Next stepsWe aim to create an inclusive work environment where everyone can reach their full potential If you require any adjustments to our recruitment process please click to learn more Find out more informationDiversity InclusionBarclays offers a diverse inclusive and engaged culture A place where people can bring their whole selves to work and be respected for who they are valued for what they do and celebrated for their contribution to our business and our community We are an equal opportunity employer and opposed to discrimination on any grounds It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race colour creed religion national origin alienage or citizenship status age sex sexual orientation gender identity or expression marital or domestic civil partnership status disability veteran status genetic information or any other basis protected by law Right to workBarclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for If you currently hold a work visa sponsored by Barclays or you would require sponsorship from Barclays you must declare this as part of your application Sponsored visas are role and entity specific and any changes must be reviewed It is important that you ensure you are working on the correct visa at all times Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time Share jobThe Barclays WayThis is the spirit of Barclays It xc3 xa2 xc2 x80 xc2 x99s why we exist what we believe and how we behave But most importantly it xc3 xa2 xc2 x80 xc2 x99s how we make decisions take action and get things done PurposeWorking together for a better financial future ValuesWe believe great talent RISES It acts with Respect Integrity Service Excellence and Stewardship MindsetWe discover our full potential through our desire to Empower Challenge and Drive each other