Barclays Hiring for AVP – Impairment at Delhi, Delhi Full Time

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 purpose of this role is to: production of short term forecasting and production of outlooks, measurement of forecast vs. actuals performance, portfolio analytics to help understand drivers of impairment and support implementation of new models and policies.

What will you be doing?

This role is responsible for the production of impairment forecasts, risk appetite, and stress tests. The role implies working across three different logical layers.

1. Data: the colleague will have deep knowledge of the most appropriate data sources to carry out risk measurement analyses. In this context, it is expected that robust knowledge is built in terms of impairment datasets, as well as ideas are advanced to streamline data sourcing/segmentation/selection and data quality assessment to lead to optimization of activities within the team.

2. Analysis: the colleague will demonstrate ability in structuring analyses and test hypotheses accurately from data. It is also expected that in this role, the colleague will be able to design, develop and implement enhancements to the current forecasting status quo, through automation and strengthening of analytical tools used to accomplish goals of the area.

3. Presentation: the colleague will provide clear and concise presentations of her/his findings and recommendations to both technical and non-technical audiences.

At AVP level, the colleague will demonstrate analytical skills, with technical skills and knowledge of fundamentals of credit risk management in the lending industry, specifically in the impairment management disciplines. The colleague will demonstrate scope to develop strong knowledge on the above mentioned area and, around presentation, communication of results/findings and management of stakeholders and priorities.

Key specific accountabilities:

• Maintain knowledge of current impairment policies and processes.
• Sustain the forecasting and risk measurement analytics operating rhythm across the data-processing-output flow.
• Produce impairment forecasts (RAF, STP, MTP, and ad-hoc outlooks), stress tests (regulatory or internal), risk appetite outputs, as well as forecast analyses on ad-hoc basis for Barclays UK products.
• Support Impairment team in data-driven analyses.
• Establish and maintain effective working relationships with key stakeholders across businesses served.
• Ensure adherence to and compliance with governance, risk policies, procedures and compliance policies.

What we’re looking for:

• Analytical skills: problem structuring, hypothesis testing via data analysis.
• Data management/analysis skills, with experience in usage of widely known commercially and open-source available data processing software (SAS, SQL, etc.).
• Team working and stakeholder management across all levels.
• Clear and concise communication to present results of analyses up to level of Director in the organization.

Skills that will help you in the role:

• Forecasting, portfolio risk management, risk modelling technique knowledge
• Credit risk management in retail and wholesale lending
• Impairment provisioning standards (IFRS9) and Capital regulatory standards (CRDiv)
• Knowledge of financial services industry and market

Where will you be working?

Noida

Be More at Barclays

At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.

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. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.