Capital Risk AVP
Whippany

As a Barclays Capital Risk Analytics AVP, you will be responsible for providing an independent oversight of the capital management activities and risks by estimating projected capital measures in both business-as-usual and stress environments. You will be ensuring the firm has sufficient level or composition of capital to support Barclays’ strategic growth initiatives. You will also be staying apprised of economic research, market developments, and outlooks for global markets and apply this knowledge to recommend proposals or challenge outcomes. And you will be doing it all in a collaborative environment that values insight, encourages colleagues to take on new responsibility, promotes continuous learning, and rewards innovation.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality, and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

Working Flexibly

We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognizes and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a career, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs.

We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We’re flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances

Please discuss the detail of the working pattern options for the role with the hiring manager.

What will you be doing?

• Performing independent assessment of the firm's capital management activities such as assessment of the firm's internal minimum capital targets and post stress limits
• Performing deep dives impacting firm's capital such as changes in regulatory requirements, firms risk and/or balance sheet, market dynamics and present to senior management
• Establishing governance to maintain an end-to-end view of Barclays risk profile in the context of risk appetite and implement new risk policies, practices, appetites and solutions
• Formulating and applying mathematical modelling techniques for stress calculations, creating risk reports for exposure monitoring, analysis, and market data validation across all asset classes for senior management and regulators
• Analysing risks emanating from traded products and derivatives including fixed income, equities, interest rates and securitized products. This includes having a strong knowledge of underlying products and risk metrics
• Communicating results of risk assessments to governance committees, business process owners and senior management including the CRO, CFO and board members

What we’re looking for:

• Bachelor’s degree in economics, business, finance, statistics, mathematics, or a related quantitative field
• Experience in financial markets (including front-office, research, market risk or other supporting markets functions)
• Experience with forecasting resolution liquidity execution needs or resolution capital execution needs
• A self-starter with ability to independently manage work and drive multiple deliverables concurrently

Skills that will help you in the role:

• Master’s degree in economics, finance, business, statistics, mathematics, or a related quantitative field
• Knowledge of Risk Appetite and Capital Adequacy, Risk governance, Enterprise Risk Management preferred
• Rounded knowledge and understanding of various risk types such as market risk, counterparty risk, credit risk, capital risk, operational risk
• Previous experience working in US Resolution Planning at a systemically important institution

Where will you be working?

At Barclays, we are proud to be redefining the future of finance and here at Whippany we are defining the future of the workplace and the future of the way we work and live. We are creating a unique community, one of four strategic tech-enabled hubs that will redefine opportunity for everyone who works here. Whatever you do at Whippany, you’ll have every chance to build a world-class career in this world-class environment.

#LI-Hybrid