Avp - Impairment Models

Job Title: AVP - Impairment Models
Location: Noida

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.
If you would like some flexibility, then please discuss this with the hiring manager.

Introduction:
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 p