PBWM PORTFOLIO RISK & RISK MEASUREMENT ANALYST

Join us as a " RISK MEASUREMENT ANALYST " at Barclays, where youll be part of the evolution of our digital landscape, driving innovation and excellence. Youll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences.

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 for Risk Measurement activities in the Private Bank Portfolio Risk team. We re looking for someone who:

• Perform Data extraction and Data analysis activities using SAS/SQL/Python in a timely manner and to support accurate Capital reporting
• Understands and keep up with changing regulatory dynamics and be aware of CRR and PRA Basel 3/3. 1 regulations
• Take ownership, develop and maintain automated processes covering risk metrics and reporting related to Capital and RWA, root cause analysis
• Support on special projects including credit risk systems change/enhancement, credit risk report in automation/self-service, and change/enhancement to credit risk tools, processes
• Adherence to the Risk policy, standards and frameworks, and maintaining a robust control environment

Desirable skillsets/ good to have:

• Strong analytical skills with experience in Credit Risk Management/Risk Measurement, Model Validation or Development.
• Hands-on experience in SAS, SQL, Python, Advanced Excel etc.
• Proven expertise/in depth knowledge of one or more of the following areas of risk management: Basel 3, Basel 3. 1, Standardized/IRB Approach for Credit Risk.
• Strong communication skills to produce concise summary for technical and non-technical audiences

• Ability to build good relationships with the Front Office, Risk, Functions and Technology

Essential/ Basic Qualifications:

• Academics / Education - MS/MBA in any quantitative discipline (Mathematics, Statistics or Physics) /Engineering from a reputed institution
• FRM/Model Validation/Development experience is an added advantage

This role will be based out of Noida.

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.

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• 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 develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.