Bia Model Risk India Avp

**Job Title**: BIA Model Risk India AVP

**Location**:Pune

**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**:
Work collaboratively with others in the BIA model risk team to support the delivery of model risk audits/assignments to a high standard in line with audit methodology and to support delivery of the BIA Audit Plan. The responsibilities will include audits of the necessary frameworks, policies, standards; and of the conceptual soundness of models, their documentation, validation, performance and fitness for use. BIA provides independent, reliable, and timely assurance to the Board and executive management over the effectiveness of governance, risk management and control over current and evolving risks.

**What will you be doing?**
- Collaborate and support the Director and VPs to define the appropriate coverage strategy and audit plan for BIA model risk, taking into consideration the Audit Risk Appetite, the current and expected business environment, the regulatory requirements and the resourcing levels within the Function
- Manage audit work to ensure that relevant risks and controls have been identified and appropriately assessed.
- Perform quantitative analysis, review and complete processes and documentation of scoping, risk & control identification, control evaluation and observations in BIA audit toolkit.
- Write high quality observations and audit reports (with input from the audit team).
- Provide complete, accurate and timely information for BIA reporting.
- Proactively take on additional tasks as requested by the BIA Director/Managing Director

**What we’re looking for**:

- Bachelor’s degree or equivalent years of experience in a quantitative discipline (maths, physics, engineering).
- Previous experience in model development or model testing.
- Great combined experience auditing in a financial services organisation, public accounting or industry and experience in relevant field.
- Knowledge of new and emerging financial products and services and understanding of risk assessment and control.
- Previous experience with data analytics and/or coding such as Python, SQL and other data science/machine learning techniques.

**Skills that will help you in the role**:

- Relevant professional qualifications/certifications such as CPA, CFA, CISA will be beneficial.
- Practical understanding of relevant regulatory environment and experience of driving audit strategy is desirable but not essential.
- Experience in leadership and managing others will be a plus.

**Where will you be working?**

Pune

**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.

Our Mindset shapes how we take action, living