Pnst Model Execution

Job Title: PnST Model Execution - EU Stress Testing
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

Hybrid Working

Please discuss the detail of the working pattern options for the role 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:

- Projection of revenues and balance sheet, incorporation of losses/reserves, and pro forma capital levels
- run stress test for several portfolios and ensure process are run in line with the stress testing policies and procedures
- Supporting documentation for analyses used in Management Reporting and Capital plan
- Completion/Reconciliation of the fixed forms for Regulatory Reporting of results and supporting documentation
- Participation within various governance forums
- Responding to Internal Audit review
- Development of projection models using quantitative approaches like Python
- Interaction with Model validation and model risk governance
- Effective challenge framework
- Development of management reporting

What will you be doing?
- Role will be a key contributor in building and maintaining the Barclays’ stress testing capabilities to support MEx deliverables
- Work with key stakeholders and management to define and implement the architecture and framework required to support certain MEx process components.
- Establish framework and manage key business engagement with Front Office leadership team involved in forecasting.
- Develop a detailed understanding of the business strategy, macro environment and projection models.
- Work closely with the Business, Product Control, Financial Control and the Quantitative Analytics team to develop, assess, and challenge the assumptions and approach used in forecasting.
- Work closely with IVU to facilitate model review and approval process
- Develop robust internal controls, policies and procedures. Ensure appropriate response to the controls team, internal audit.

What we’re looking for:

- Bachelors degree in Economics, Finance or Accounting
- 6+ years of experience in financial and regulatory roles
- Experience in quantitative revenue and BS forecasting
- Relevant Investment Bank experience
- Excellent communication skills
- knowledge and experience in quantitative revenue projection modelling
- Strong analytical and problem solving skills

Skills that will help you in the role:

- Masters degree in Economics, Finance or Accounting
- Knowledge of Investment Bank products and markets
- Experience in product control across a broad set of products
- Strong focus on internal controls
- Commitment to meeting deadlines

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
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 by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.

Empower
Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.
Challenge
Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.
Drive
Focus on outcomes.