Embark on a transformative journey as VP - Private Bank & Wealth Management at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences.

Private Bank & Wealth Management Risk Measurement team operates within the second line risk function, undertaking SLOD oversight of the regulatory capital position, forecasting/stress testing and quantitative analysis to provide insight into the performance of the portfolio. The team’s responsibilities also include:

• Ensuring risk appetite is appropriately allocated to business and products in line with the status of their control environment and risk/reward profile.
• Providing oversight and adequacy analysis for expected losses arising from borrowers' defaults.
  

To be successful in this role as a VP - Private Bank & Wealth Management, you should possess the following skillsets:

• Strong forecasting/quantitative analysis capabilities.
• Proficiency in programming languages such as SAS or Python.
• Ability to extract, analyse, and present data independently.
• Excellent stakeholder management and communication skills.
• Self-Driven and strong networking skills.

Some key responsibilities you will have as a Portfolio Risk & Risk Measurement Analyst are:

• Provide second line oversight through detailed risk measurement, including impairment and capital oversight.
• Conduct portfolio analytics to ensure profile is understood and risk appetite is appropriately set.
• Communicate findings and insights to risk committees and stakeholders.
• Forecasting/stress testing (both internal and regulatory exercises).

Some other highly valued skills include:

• Understanding of credit risk.
• Understanding of control frameworks and governance practices.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role is based out Noida office.

Purpose of the role

To ensure regulatory and economic capital is calculated accurately and in line with external regulation / internal Barclays policy and to provide oversight and adequacy for expected losses arising from borrowers' defaults on loans, bonds, and other credit instruments.

Accountabilities

• Calculation of RWAs/regulatory capital.
• Development, calibration, and implementation of credit risk models that estimate the probability of default (PD) and loss given default (LGD) for various borrower segments and credit products and explain the outcomes.
• Development and utilisation of quantitative models and risk forecasting tools to measure and predict potential credit losses.
• Analysis of credit trends, identify early warning signs of potential borrowers' issues, and assess the impact of economic and market developments on the portfolio credit losses and regulatory capitlal.
• Performance of portfolio stress testing exercises to assess the impact of various economic and market scenarios on regulatory capital.
• Maintenance and management of credit risk data effectively, ensuring accuracy, integrity, and timeliness.
• Delivery of internal/external regulatory reporting including committees and requirements relating to regulatory capital and impairment.
• Calculation of economic capital and associated reporting within ICAAP.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.