• Job Description

  Req#: 90340894

  Job Title: Market Risk Business Analyst

  Location: Pune

  About Barclays

  Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.

  Risk and Control Objective

  Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.

  Working Flexibly

  We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises 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 carer, 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.

  • Lead the FRTB IMA Implementation which is part of Basel 4 program in Barclays
  • Responsibilities include: Writing BRDS, Functional Specifications, working with Multiple stakeholders like Risk managers, Quants, Technology and CRIS(Risk Reporting)
  • Will be working on FRTB IMA and FRTB SA but not limited to it. The candidate may further be required to work on other streams like Market Risk re-platforming, critical works, migration, on-boarding, decommissioning.
  • The candidate will work as part of a local team, regularly liaising with colleagues in other regions for the project

  What will you be doing?

  Lead the FRTB IMA (Internal Model Approach) implementation . Additionally, work on the below items:

  • Working with the Risk business and Quants to determine and document clear and concise business/functional requirements through meetings/workshops for FRTB IMA regulations based on Basel. Additionally, different FRTB regulations for PRA, EBA and FED needs to be meet.
  • Need to be well versed with Market Risk FRTB regulation and Various components like Full Reval, DRC (Default Risk Charge), NMRF (Non Modell able Risk Factors) , Back Testing and PnL Attribition test
  • Well aware of Risk Methodologies like VaR, ES(Expected Shortfall) and Monte Carlo simulations
  • Should be well versed with various Market Risk Models and also the Pricing models
  • Will lead a team of 7-8 Business Analysts and also provide domain inputs to the development team
  • Candidate should be assisting with the prioritization and planning of key deliverables.
  • Raise key issues and risks in a timely manner to the Project Manager/Delivery Lead.
  • Objectively evaluate processes and products against applicable standards, and procedures

  What we’re looking for:

  • 12+ Years of experience in Investment Baking domain
  • 7+ Years of experience in Market Risk
  • 3+ Years in FRTB SA and IMA Implementation
  • Strong Business Analysis skills and Good knowledge of Market Risk systems
  • Knowledge of financial products, Product Valuations and Value at Risk
  • Knowledge of FRTB Regulations
  • Leading a team of 7-8

  Skills that will help you in the role:

  • Post graduate degree – preferably MBA Finance
  • Risk Certifications if Any
  • Knowledge of Python

  Where will you be working?

  Pune

  Be More at Barclays

  At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.

  Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.

  Our Values

  Purpose, Values and Mindset

  We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.

  Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.

  Respect

  We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution.

  Integrity

  We operate with honesty, transparency and fairness in all we do.

  Service

  We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.

  Excellence

  We champion innovation, and use our energy, expertise and resources to make a positive difference.

  Stewardship

  We prize sustainability, and are passionate about leaving things better than we found them.

  Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.

  Empower

  Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.

  Challenge

  Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.

  Drive

  Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.

  Our Diversity

  We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals.

  Our Benefits

  Our customers are unique. The same goes for our colleagues. That's why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances. These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be. We are proud of our flexible working options for colleagues. If you have a need for flexibility, then please discuss this with us.

• About the company

  From current accounts, mortgages and insurance, to loans, credit cards and saving accounts – see how we can help you. Let’s go forward

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