Step into the role of Credit Risk Regulatory at Barclays where we are committed to pushing boundaries. You will be involved in developing the technical solutions for a business area that has true customer and colleague impact. Your contribution to architectural decisions will change their banking and working lives for the better through technical designs that are truly based on their experiences.
Key Skills required for this role includes:
Understanding of prudential regulations related to Credit Risk i.e., understanding of IRB model permissions.Strong understanding of credit risk and experience in related fields such as credit risk management, credit risk models and credit risk reporting.Strong numerical skills and ability to clearly write and articulate complex subject matterStrong software skills including proficiency in the use of MS applications.Some other highly valued skills may include:
Delivery focused - highly organised individual with strong attention to detail and ability to manage multiple tasks and deliver within tight timeframes.Strong control mindset, with a good understanding of the importance of a robust governance and controlAbility to work effectively as an individual and as part of a wider teamYou 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.
This role is for Pune location.
Purpose of the role
To provide oversight of prudential regulatory compliance across in relation to our advanced Model permissions and 2nd LoD review and challenge of regulatory rule that impact regulatory capital and liquidity returns.
Accountabilities
Advising on Regulations; owning the interpretation of specific parts of the Prudential Rulebook, and escalation for queries relating to prudential regulatory compliance.Communication of key Regulatory themes to senior Risk management including (i) concerns raised by regulators, (ii) themes and areas of focus arising through meetings and communications; and (iii) guidance on regulator expectations.Management of internal governance for adherence to regulatory permissions through oversight of Risk owned Permissions and maintenance of a central Permissions library.Coordination, review and challenge of the Model and Rating System Applications/Notifications; Drives delivery of certain Risk-led regulatory deliverables, providing robust review and challenge of constituent parts provided by internal stakeholders.Provision of comprehensive, accurate and consistent information to Regulatory supervision teams, supporting Risk in providing transparent communication with regulators via face to face meetings, regulatory letters or applications; and tracking and delivering commitments to regulators.Vice President Expectations
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.