AVP – Model Development & Execution

Job Description

Purpose of the role

To support Screening with day-to-day processing, reviewing, reporting, trading and issue resolution, making decisions in line with comply with relevant regulatory and industry standards. 

Accountabilities

• Participate in governance forums.
• Maintain constant dialogue & engagement with various stakeholders including Production Oversight Committees, IT , QA and relevant project working groups.
• Design and deliver adequate MI to support the assigned stress testing framework.
• Optimize existing process workflows and improve efficiencies across Models CoE including early identification, communication and resolution of control failures
• Interaction on model validation and model risk governance
• Creating effective challenge framework.

Assistant Vice President Expectations

• Strong written and verbal communication skills
• Sound understanding of financial statement analysis
• Experience in building and maintenance of financial models on MS Excel, and the ability to crunch numbers from large datasets and produce actionable insights/analytics
• Robust analytical and problem solving skills
• Ability to work with multiple teams to drive business 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.

Join us as an Assistant Vice President - Model Development and Execution at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionise our digital offerings, ensuring unapparelled customer experiences.

You may be assessed on the key critical skills relevant for success in role, such as experience with planning and stress testing, model validation, reporting as well as job-specific skillsets.

To be successful in this role, you should have:

• Strong written and verbal communication skills.
• Sound understanding of financial statement analysis.
• Good understanding of financial markets and relationships with major macroeconomic variables.
• Experience in building and maintenance of financial models on MS Excel, and the ability to crunch numbers from large datasets and produce actionable insights/analytics.
• Robust analytical and problem solving skills.
• Ability to work with multiple teams to drive business outcomes.

Some other highly values skills include:

• Post-graduate degree or equivalent in Finance / Accounting. Candidates with CFA/FRM charters are desirable but this is not a mandate.
• Prior experience in developing / execution of stress testing models in the banking industry.
• Understanding of key model risk management principles prescribed by global regulators.
• Hands-on experience in using tools such as Python, Alteryx, Tableau or Qlikview is desirable but not a mandate.

This role will be based out of Chennai.