Assistant Vice President

Job Description

Job Title: Assistant Vice President Location: NoidaAbout 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.Dynamic Working Our dynamic working programme has been set up to help Barclays colleagues achieve an optimal work/life balance. Arrangements we offer range from working at home and changing regular hours to taking career breaks. Our Dynamic Working initiatives support colleagues at all stages of their lives, helping them with parenthood, caring, further studies and hobbies Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives. If you have a need for flexibility, then please discuss this with the Hiring Manager.The AVP-level role is responsible for support of the development, implementation and ongoing maintenance of the Regulatory Capital and Impairment models for the Mortgage portfolio.What will you be doing Develop best-in-class models for use in the retail lending business, specifically for the Mortgage portfolio, including calibrations of existing models and associated analytics. Ensure that all models are compliant with internal and external requirements, including documentation standards and regulation. Work with stakeholders across functions, driving value by developing innovative modelling and analytical solutions for credit risk management. Seek insights and recommendations for model, strategy and process improvement. Liaise with systems/infrastructure teams to user-test and implement models successfully. Work closely with the QA Model Monitoring function to ensure that model performance is appropriately tracked and assessed. Maintain awareness of the wider commercial environment and a good sense of business drivers affecting the Bank s balance sheet and P&L. Liaise with Model Owners and other key stakeholders to continually improve models in use.What we re looking for: A university degree or equivalent in statistics, mathematics, operations research or another quantitative area; or relevant industry experience. Relevant years of relevant industry experience. Experience in statistical model development. Proficiency in programming using SAS and Python, and Excel manipulation. Good understanding of standard model risk controls throughout the development lifecycle, including best coding practice and clear documentation. Good communication, negotiation and influencing skills.Skills that will help you in the role: Experience and familiarity with capital and impairment modelling techniques. Experience and familiarity with industry-standard retail credit risk decision modelling techniques. Up-to-date working knowledge of regulatory requirements relevant to UK retail credit risk models.Where will you be working NoidaBe 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 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 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 everyones 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 Diversity We 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 Benefits Our 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 :
retail creditregulatory capitalbehavioral trainingbalance sheetrisk managementconsumer bankingretail lendingrisk management frameworkregulatory requirementsoperations researchcredit risk