Assistant Manager - QA Model Monitoring

Job Description

Job Title: Assistant Manager - QA Model Monitoring 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.Monitoring and Analysis of Decision, Stress Testing, Impairment and Basel suite of models across banking portfolios including Mortgage, Cards, Loans, SME etc. Documentation of monitoring reports as per the standard guidelines and presentation of the same to various decision making committees Drive and provide support in the Model Management decision making, model improvements and governance activitiesWhat will you be doing Quickly understand construct of various credit risk models and produce timely and accurate model monitoring packs Interpret various metrics and trends present in the model monitoring packs and analyze the impact they have on related portfolios Present monitoring analysis to the portfolio teams and various decision making committees and assist in the decision making process Standardize & automate the monitoring packs using appropriate software and statistical programming languages e.g. SAS, Python, Spark, Hadoop, Excel, Access, SQL/HQL, R etc. Drive and provide support in the monitoring governance activities like writing minutes of meetings, follow up to close action items etc.What we re looking for: Strong analytical, technical and/or statistical skills Strong understanding of model monitoring or portfolio MIS activity Basic understanding of banking products and lending procedures Knowledge of credit risk models and their usage in the Banking environment Knowledge of various statistical techniques used in analytics (regression, time series, cluster analysis, Machine Learning etc.) Good at carrying out statistical analysis using appropriate software and statistical programming languages e.g. SAS, Python, Spark, Hadoop, Excel, Access, SQL/HQL, R etc. Excellent written and verbal communication skills. Ability to articulate complex modelling metrics at various level Self-starter who can take initiative to automate the monitoring activity to the maximum levelSkills that will help you in the role: Knowledge of models and portfolio dynamics, Knowledge of Stress Testing, Capital and impairment calculations Understanding of lending products from policy and P&L perspective A background in credit risk within a banking/consulting firmEducation Masters in Statistics, Mathematics, Economics, Operational research field, Engineer, MBAExperience Strong analytical background, techno functional, data driven, results orientatedWhere 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 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. 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 :
risk management frameworkcredit risktime seriesrisk modelsstress testingrisk managementmachine learningcluster analysisstatistical analysisstatistical programmingregulatory requirements