Ba4 - Ccar Stress Testing Bcus

Job Title: BA4 - CCAR Stress testing BCUS
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.
If you would like some flexibility, then please discuss this with the hiring manager.

Introduction:
The MEx framework provides model execution and results analysis capabilities to planning and stress testing. Significant effort will be required to conduct the stress test and comply with requirements around the following:

- Company run stress testing including policies and procedures
- Estimates of projected revenues, losses, reserves and balance sheet
- Supporting documentation for results analyses
- Taking part in effective governance
- Responding to Internal Audit review
- Interaction on model validation and model risk governance
- Creating effective challenge framework

What will you be doing?
- Direct participation in planning and stress testing activities.
- Provide insightful analysis around key business drivers, key metrics and one off items versus underlying drivers of income generation, and qualitative and quantitative variance analysis of performance vs prior year and previous plans
- Support the development of multi-year financial plans, short term plans, rolling forecasts and scenario analyses to advance the business mission and strategic priorities, including support on stress tests.
- Support and coordinate the plan development process, managing stakeholders and ensuring both internal and Group deadlines are met, Barclays International and Group systems correctly reflects the approved plans, using MS Excel and Oracle Hyperion Planning
- Support validation process, document review and necessary data validation
- Seek constant improvements in order to develop, maintain, and operate an integrated, consistent, flexible and up to date planning process and tools
- Work closely with the business, CFO BP, Product Control and the modelling team to develop, assess, and challenge the assumptions and approach used in forecasting.
- During execution of the models, coordinate the data aggregation within various infrastructure areas within the bank (i.e. Front Office, Regulatory Control, Product Control, Risk, and Treasury) to complete the forecasting analysis and reviews as well as the cross function hand-offs.
- Assist in the development of a P&ST data quality process and monitoring framework
- Develop robust internal controls including policies and procedures; change control; comprehensive documentation; model validation; and review by IA
- Leverage knowledge of financial statement analysis and technical framework to make sound decisions regarding forecasting/overlays, governance, controls, and model framework. Most relevant would be AVP-level experience in Driver based forecasting or Product Control (or Financial Control).

What we’re looking for:

- Strong written and verbal communication skills
- Knowledge of investment banking products and markets
- Strong analytical and problem solving skills
- Strong focus on internal controls
- Commitment to meeting deadlines

Skills that will help you in the role:

- Project Management experience
- Product Control experience
- Basic knowledge of Python
- CCAR experience
- CPA preferred
- MBA degree beneficial

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
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