VP, Impairment Analytics

Job Description

Job Title: VP, Impairment Analytics 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. 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.The purpose of this role is to manage and lead a team responsible for the production of monthly impairments results for the underlying portfolioAs part of this role the colleague will be required to:Generate impairment actuals for the portfolio and explain drivers of impairments Own the models used for impairment purposes for these portfolios, working with the QA function to ensure those models are accurately reflecting the credit risk that would emerge in a given economic and business scenario Ensure appropriate governance and controls are in place for all key processes. Prioritise and manage multiple projects, some of which will be detailed and highly complex e.g. implementation of new models, calculation of post model adjustments, changes to regulatory parameters and the adherence to accounting standards for the production of impairment. Lead and direct analysts direct reports as well as those within virtual teams. Ensure team produce outputs on a regular and timely basis as agreed with stakeholders. Identify opportunities to automate activities to improve efficiency and accuracy. Regular interaction with stakeholders across multiple teams and levels in the organisation Recruit, train and develop talent in the organization across technical, business and leadership. Interact with key stakeholders in Risk, Finance and Treasury to ensure the results produced by the team are well understood.What will you be doing Produce impairment actuals and explains for the portfolio Maintain knowledge of current impairment policies and processes Sustain operating rhythm across the data-processing-output flow Build and maintain appropriate governance and controls are in place for processes Carry out analytics to support the response to regulatory requests, including stress tests and ad-hoc queries Manage and lead analysts in order to deliver team objectives ensuring output quality is in line with expected standards, presentation and content reviewed with senior managers Clear and effective leadership and management of the team, operating with efficiency and pragmatism to help prioritization and workload distributionWhat 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 Team working and stakeholder management across all levels Clear and concise communication to present results of analyses up to level of MD in the organization Project management skills to ensure delivery across multitude of tasks, by enabling pragmatic prioritization across the teamSkills that will help you in the role:Credit risk management Impairment provisioning standards (IAS39, IFRS9) Forecasting, portfolio risk management, risk modelling technique knowledge Knowledge of financial services industry and marketAt VP level, the candidate will be required to demonstrate leadership skills through examples of analyses carried out under her/his guidance, as well as support prior team management experience.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.Our Values Purpose and ValuesWe 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 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 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 flexible working options for colleagues. If you have a need for flexibility, then please discuss this with us.,

Keyskills :
credit risk managementrisk management frameworkcredit riskportfolio riskrisk managementteam managementdata processingconsumer bankingequipment supply