WCS - LevFin Assistant Vice President

Job Description

Job Title:WCS - LevFin Assistant Vice PresidentLocation: MumbaiIntroduction:

• Member of the Risk - Centre of Excellence , Credit Analysis team, which is responsible for credit risk analysis, monitoring and limits administration for corporate counterparties of Barclays
• Lead, engage and motivate a diverse team of credit analysts to deliver strategic, individual and operational business objectives/targets. Create an empowering environment for your people, encouraging individual ownership and initiative.
• Stay current with financial analysis and risk profile of assigned sector(s) and clients to whom we have exposure
• Alert senior management to negative developments and trends pertaining to assigned sectors and clients
• Ensure target achievement adhering to Service Level Agreements

What will you be doing

• Complete ownership of the assigned corporate portfolio. The role holder together with the team would be accountable for timely delivery of annual reviews, interim reviews, providing support on transactions, ongoing portfolio monitoring and performing any other ad-hoc portfolio related exercise.
• To handle complex portfolio and undertake ongoing portfolio surveillance/monitoring encompassing the following key activities:
• Undertake fundamental credit analysis on his/her portfolio of corporate credit counterparties:
• Prepare annual/periodic credit reviews for submission to senior Risk Officers and Credit Committees
• Handle deal and transaction flow including IBDC deals (M&A), conventional refinancing deals and derivative requests
• Timely action on transaction-level limit requests received from Front office and Product areas via allocation from pre-agreed limit framework assigned by onshore credit officers (if any)
• Ensure all relevant Credit Risk policies, standards and procedures are followed
• Updating all credit risk systems to ensure that credit limits, internal grades and other credit parameters are aligned with the framework assigned by onshore credit officers
• Investigating limit excesses if any, and escalating to the onshore credit officers and supporting stress test monitoring
• Perform credit analysis on interim requests for credit facility amendments, and prepare analysis in support of interim headroom requests, for presentation to senior Risk officers for approval
• Liaising and communicating with other departments to ensure documentation requirements are met
• Undertake quarterly reviews on more complex and higher risk groups, including reporting on corporate credit counterparties which have been determined to merit more frequent credit review
• Maintain data integrity of relevant Credit Risk systems (and perform monthly credit grade attestation
• On-going monitoring of portfolio of industries for material developments affecting credit quality and the initiation of appropriate action
• The role holder will provide coaching and mentoring to junior colleagues, transferring skills and expertise as required ensuring delivery against targets and continuing professional and personal development
• Assist and support on-shore teams in responding to information requests from our banking system regulators The role holder will control/co-ordinate team s work, allocating tasks, planning and monitoring progress, managing risks, issues and dependencies, ensuring awareness of responsibilities and securing commitment to successful delivery of specified tasks as per Service Level Agreements.

What we re looking for:

• Bachelors degree in Business Administration, Economics or Finance
• 3-5yrs of relevant experience of credit analysis/research in another financial institution, preferably a major international bank
• Knowledge of multiple regions / sectors / industries
• Understanding of various banking products including revolving credit facilities, loans, derivatives and cash management facilities
• Independent problem-solving skills

Skills that will help you in the Role:

• Masters / Professional qualification such as MBA/ CA/ CFA or equivalent
• Awareness of legislation affecting the Bank and customers (including Data Protection Act, Companies Act, Insolvency Act, Financial Services Act)
• Demonstrated team handling skills in the past

Where will you be working MumbaiBe More at BarclaysAt 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.Our Values Purpose and Values 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.RespectWe harness the power of diversity and inclusion in our business, trust those we work with, and value everyones contribution.IntegrityWe operate with honesty, transparency and fairness in all we do.ServiceWe act with empathy and humility, putting the people and businesses we serve at the centre of what we do.ExcellenceWe champion innovation, and use our energy, expertise and resources to make a positive difference.StewardshipWe prize sustainability, and are passionate about leaving things better than we found them.Our DiversityWe aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals.Our BenefitsOur customers are unique. The same goes for our colleagues. Thats why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances. These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be. We are proud of our dynamic working options for colleagues. If you have a need for flexibility, then please discuss this with us.,

Keyskills :
data protection actcredit risk analysiscredit riskstress testfront officerisk systemsmusic makingteam handlingrisk analysiscompanies actservice leveldata integrity