Impairment and Capital

Join us as an Impairment and Capital AVP at Barclays in the risk measurement team, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences.

Risk Measurement is the team responsible for:

• Management of monthly RWA calculations
• Capital reporting and analysis
• Capital Forecasting and Stress Testing
• Impairment Oversight

To be successful as an Impairment and Capital AVP, you must possess (Basic/ Essential Qualifications):

• Understanding/working exp with statistical Models.
• Good analytical skills and exp with SAS, preferred Python.
• Knowledge of financial services industry and market.

Some other highly valued skills may include:

• Knowledge of Credit risk management in retail lending.
• Knowledge of Capital regulatory standards (CRDIV).
• Forecasting, portfolio risk management, risk modelling technique knowledge.

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.

Location: Noida.

Purpose of the role

To ensure regulatory and economic capital is calculated accurately and in line with external regulation / internal Barclays policy and to provide oversight and adequacy for expected losses arising from borrowers' defaults on loans, bonds, and other credit instruments.

Accountabilities

• Calculation of RWAs/regulatory capital.
• Development, calibration, and implementation of credit risk models that estimate the probability of default (PD) and loss given default (LGD) for various borrower segments and credit products and explain the outcomes.
• Development and utilisation of quantitative models and risk forecasting tools to measure and predict potential credit losses.
• Analysis of credit trends, identify early warning signs of potential borrowers' issues, and assess the impact of economic and market developments on the portfolio credit losses and regulatory capitlal.
• Performance of portfolio stress testing exercises to assess the impact of various economic and market scenarios on regulatory capital.
• Maintenance and management of credit risk data effectively, ensuring accuracy, integrity, and timeliness.
• Delivery of internal/external regulatory reporting including committees and requirements relating to regulatory capital and impairment.
• Calculation of economic capital and associated reporting within ICAAP.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders 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 and Drive – the operating manual for how we behave.