Join us as a Finance Impairment , Impairments you may be assessed on 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.
Essential Skills:
Credit risk management – factors impacting the credit Risk and controls to avoid the sameImpairment provisioning standards (IFRS9)Knowledge of financial services industry and marketBanking products knowledge and collections/recoveries processKnowledge of models and codes required for impairment calculationsPrior experience on working on system controls design and validation related to transfer of data and systems architectureProject Management skills and prior experienceData management/analysis skills, with experience in usage of widely known commercially available data processing softwareTeam working and stakeholder management across all levelsClear and concise communication to present results of analyses up to level of D in the organization.The Role is based in Noida.
Purpose of the role
To evaluate and assess the potential impairment of financial assets, ensuring that the bank's financial statements accurately reflect the economic value of its assets.
Accountabilities
Identification of potential impairment triggers, analysis of relevant financial and non-financial information to assess the potential for impairment of financial assets, and application of quantitative and qualitative impairment tests to determine whether an asset is considered impaired.Assessment of the impairment loss for an asset by identification of the right valuation method, assessment of its fair value, and documentation of the process.Calculation of the impairment provision to reflect the impairment loss and prepare clear and accurate impairment disclosures for financial statements.Management of the performance of impaired assets and reassessment of their impairment status on a regular basis. .Assistant Vice President Expectations
Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.Take ownership for managing risk and strengthening controls in relation to the work done.Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.Influence or convince stakeholders 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.