AVP - Impairment Models

Job Description

Job Title: AVP - Impairment Models 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 Governance and Control aspects of the Model COE.The role encompasses all credit impairments across Barclays Group, typically 2-3bn per annum of charges across Barclays UK, Barclays International and Group assets. Business units include credit cards, unsecured lending, mortgages, private, corporate and investment banking.The role holder will be responsible for supporting the management of c115 models across the group used to derive impairments for the reporting of actuals or forecasts and will work closely with SOX, BIA and CCO teams to develop a comprehensive control and governance environment for all impairment models. A detailed and well-understood approach to Governance and Control will be essential to deliver on the mandate for this role. The role holder will be responsible for the tasks below with further allocation developing as the role is expanded:Build a Governance & Control framework across both Barclays UK and Barclays International and monitor status of the control environment Manage Governance & Control deliverables including Sox signoff and management of Group CCO and KPMG relationships Ensure appropriate governance and controls are in place for all key processes. Coordinate with internal teams and Auditors (internal and external) for completing the audit requirements and resolving the issues 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 Train and develop talent in the organization across technical, business and leadership. Interact with key stakeholders in Risk, CCO, Finance and Treasury to ensure the results produced by the team are well understood. What will you be doing Produce regular output demonstrating the functioning of the control environment Maintain knowledge of current impairment models and monitoring processes Build and maintain appropriate governance and controls processes Manage deliver on team objectives ensuring output quality is in line with expected standards, presentation and content reviewed with senior managers What we re looking for: Credit risk management factors impacting the credit Risk and controls to avoid the same Impairment provisioning standards (IFRS9) Knowledge of financial services industry and market Banking products knowledge and collections/recoveries process Knowledge of models and codes required for impairment calculations Prior experience on working on system controls design and validation related to transfer of data and systems architecture At AVP level, the candidate will be required to demonstrate strong organisational and analysis skills through examples of analyses carried out under her/his guidance.Skills that will help you in the role: Leadership / Team working: Self driven and initiated Motivated by excellenceCommunication: Strong people skills and communicator verbal and written Ability to express views orally and in writing in wide variety of business language and not just in technical language Desire to build influencing skillsPersonal attributes: Strong intellect balanced with pragmatic approach Able to operate effectively in ambiguous and fluid situations Analytical High level of self-belief Sets high standards for self and others Inclusive and open approach Entrepreneurial and willing to push the boundaries with new technologiesWhere 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 ValuesPurpose 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 flexible working options for colleagues. If you have a need for flexibility, then please discuss this with us.,

Keyskills :
people skillscredit riskrisk management frameworkbanking productscredit risk managementcontrol frameworkconsumer bankingbusiness unitsrisk managementequipment supplystatements of work sow