Risk Measurement Analyst

You’ll play a hands‑on role in how Barclays measures, explains, and forecasts capital and RWAs for retail portfolios.  As a Risk Measurement Analyst, your focus will be on producing accurate RWA calculations, delivering forward‑looking capital forecasts, and providing clear insight into what is driving movements in capital over the business plan and stress horizons.

You’ll work directly with complex capital models and large datasets, taking ownership for the accuracy, control, and regulatory compliance of model outputs. The role requires strong judgement and challenge, underpinned by a disciplined control and governance framework, and the ability to convert complex outputs into clear and concise commentary for senior stakeholders across Risk, Finance, and the wider business.

This role is ideal for someone who enjoys numerical analysis, thrives on problem‑solving and wants to build a deep understanding of RWAs, models and forecasting.

To be successful as a Risk Measurement Analyst, you should have experience with:

• Analysing and manipulating large datasets using SAS, Python, or similar analytical tools.

• Working with regulatory capital reports, capital or impairment models.
• Strong understanding of Basel regulatory capital framework.

Some other highly valued skills may include:

• Managing credit risk within retail portfolios such as mortgages, credit cards or Business Banking.
• The ability to explain complex model outputs in a simple, stakeholder‑friendly way.

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

Location: Edinburgh, Manchester or Northampton

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.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• 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 will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders to achieve 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.