• Job Description

  Req#: 90390787

  Job Title : Tesco Day 1 resources
  Location: Noida

  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

  Take ownership for managing risk and strengthening controls in relation to the work you do

  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, and your request will be reviewed subject to business needs.

  Hybrid Working

  Structured hybrid role:
  At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home. We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.

  Introduction:

  The purpose of this role is to manage Governance and Control aspects of the Model COE.

  The role encompasses all credit impairments across Barclays Group, typically £2-3bn per annum of charges across Barclays UK, Barclays International and Group assets. Business units include credit cards, unsecured lending, mortgages, private, corporate and investment banking.

  The role holder will be responsible for supporting the management of c115 models across the group used to derive impairments for the reporting of actuals or forecasts and will work closely with SOX, BIA and CCO teams to develop a comprehensive control and governance environment for all impairment models. A detailed and well-understood approach to Governance and Control will be essential to deliver on the mandate for this role. The role holder will be responsible for the tasks below with further allocation developing as the role is expanded:

  What will you be doing?

  • Work on Impairment Actuals based reporting and delivering the reports and results with accuracy and with bank standards
  • Responsible for model execution and collating results, work in tandem with other team members and generate timely results
  • Manage Governance & Control deliverables including Sox signoff and management of Group CCO and KPMG relationships
  • Ensure appropriate governance and controls are in place for all key processes.
  • Coordinate with internal teams and Auditors (internal and external) for completing the audit requirements and resolving the issues
  • Ensure team produce outputs on a regular and timely basis as agreed with stakeholders.
  • Identify opportunities to automate activities to improve efficiency and accuracy.
  • Regular interaction with stakeholders across multiple teams and levels in the organisation
  • Develop robust internal controls including policies and procedures; change control; comprehensive documentation; model validation; and review by IA
  • Role requires significant analytical and technical skills and evaluative judgement in order determine appropriate model methodologies but also to determine the right balance between model sophistication and practical application/understanding by stakeholders.
  • Leverage knowledge of financial statement analysis and technical framework to make sound decisions regarding forecasting/overlays, governance, controls, and model framework
  • Interact with key stakeholders in Risk, CCO, Finance and Treasury to ensure the results produced by the team are well understood.
  • Produce regular output demonstrating the functioning of the control environment
  • Maintain knowledge of current impairment models and monitoring processes
  • Build and maintain appropriate governance and controls processes
  • Manage deliver on team objectives ensuring output quality is in line with expected standards, presentation and content reviewed with senior managers

  What we’re looking for:

  Skills
  • Data management/analysis skills, with experience in usage of widely known commercially available data processing software
  • Team working and stakeholder management across all levels
  • Clear and concise communication to present results of analyses up to level of D in the organization

  
  Competencies
  • Credit risk management – factors impacting the credit Risk and controls to avoid the same
  • Impairment provisioning standards (IFRS9)
  • Knowledge of financial services industry and market
  • Banking products knowledge and collections/recoveries process
  • Knowledge of models and codes required for impairment calculations
  • Prior experience on working on system controls design and validation related to transfer of data and systems architecture

  
  Skills that will help you in the role:

  At AVP level, the candidate will be required to demonstrate strong organisational and analysis skills through examples of analyses carried out under her/his guidance.

  
  • Leadership / Team working:
   Self driven and initiated
   Motivated by excellence

  • Communication:
   Strong people skills and communicator – verbal and written
   Ability to express views orally and in writing in wide variety of business “language” and not just in “technical” language
   Desire to build influencing skills

  • Personal attributes:
   Strong intellect balanced with pragmatic approach
   Able to operate effectively in ambiguous and fluid situations
   Analytical
   High level of self-belief
   Sets high standards for self and others
   Inclusive and open approach
   Entrepreneurial and willing to push the boundaries with new technologies

  
  Where will you be working?
  Noida
  
  
  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.

  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.

• 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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