Valuations in Resolution Sme

Join us as VP - Subject Matter Expert (SME) for the Valuation in Resolution (ViR) team at Barclays where you'll play a pivotal role in maintaining BAU Valuation capabilities for a resolution scenario. At Barclays, we don't just embrace change - we drive it. Your role will also have the opportunity to work with a wide set of stakeholders across Finance, Treasury, Risk, Cost, amongst others

To thrive in this role, you should have experience with,
- Maintaining ViR Framework, including model validation, documentation refresh and controls assessment
- Lead and coordinate ViR assurance activities such as dry-runs, simulations and other ad-hoc resolution exercises
- Interacting with multiple Subject Matter Experts cross for example Stress testing, Impairments, Businesses, Group Finance and Product Controls Valuations as part of BAU deliverables and regulatory requests
- Coordinate project management aspects of ViR, such as tracking delivery, providing management updates, running governance forums and supporting regulatory submissions

Some other highly valued skills may include,
- Sound understanding of banking assets and liabilities, including financial instruments.
- Ability to build relationships with a large set of stakeholders across multiple areas.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role is in based in our Chennai or Noida office.

**Purpose of the role**

To prepare and respond to financial distress by the development and implementation of recovery and resolution plans, assessment of the financial viability of distressed entities, and provision of advice on potential resolution strategies.

**Accountabilities**
- Development and evaluation of potential resolution strategies for distressed entities, and analysis of the financial implications and potential impact of each strategy..
- Development and maintenance of recovery and resolution plans for the bank's business units and entities, and assessment of critical functions and dependencies to ensure continuity of essential services in case of distress..
- Analysis of financial data and assessment of the viability of distressed entities to evaluate the financial strength, capital position, and liquidity risks faced by distressed entities..
- Recovery: Oversee Barclays’ Financial Crisis Management Framework (jointly with Treasury); maintain Barclays’ Group Recovery Plan..
- Resolution: Maintain resolution capabilities across the Group and its Material Legal Entities; coordinate and deliver regulatory and public disclosures (UK and Europe)..
- RRP controls and governance: Ensure appropriate assurance processes to ensure compliance with regulatory requirements and expectations..
- Valuation in Resolution capabilities: Ensure appropriate valuation capabilities are maintained, including models, methodologies, processes and documentation, including process to onboard an external valuer if necessary..
- Holistic testing of resolvability capabilities: decision-making and governance processes across 10 workstreams tested with Boards, Ex Cos and senior AEs..
- Support business stakeholders across the group, including SMRs, in meeting global regulatory requirements against multi-year agendas..
- Communication with regulators to provide timely updates on the bank's recovery and resolution activities..

**Vice President Expectations**
- Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
- Manage and mitigate risks through assessment, in support of the control and governance agenda.
- Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
- Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
- Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
- Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
- Adopt and include the outcomes of extensive research in problem solving processes.
- Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship - our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset - to Empower, Challenge