Credit Risk Transformation Manager

As an Assistant Vice President in Risk Transformation, you will be working on Project Mersey transforming our credit systems to make them simpler and more efficient. Your role will focus on working towards a single strategic credit sanctioning platform, streamlining processes, migrating away from legacy systems and building a target operating model with a focus on credit risk.

You will gather business requirements and communicate effectively with stakeholders, building bridges between Subject Matter Experts (SMEs) and technology partners, you will ensure requirements are easily consumable by IT.

You will oversee the transition of systems and processes to the target operating model, engaging in high-level design, and detailing necessary control and business changes. Conducting User Acceptance Testing (UAT) on the new system, you will collaborate with risk colleagues to ensure business readiness and implement necessary changes from a business perspective.

You will take a holistic view to understand the big picture and impacts across different business areas and processes, assessing how changes will affect the portfolio and ensuring communication between other projects.

You will work closely with the team to ensure alignment and successful project execution, contributing to a cohesive and efficient team environment.

To be successful as an Assistant Vice President in Risk Transformation, you should have

• Experience in project management.
• Ability to manage change effectively.
• Ability to bridge between IT and business functions.
• Considerable stakeholder management skills and ability to communicate effectively.
• Technological literacy
• Knowledge of data structures
• Familiarity with coding languages including SQL
• Ability to perform impact analysis for changes on large datasets with use of Excel/SQL
• Strong Credit Risk knowledge

Some other highly valued skills may include

• Academic background in a mathematical discipline such as mathematics, statistics, or physics.
• Quantitative skills with analytical abilities and logical thinking.

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

Purpose of the role

To support the organisation, achieve its strategic objectives  by ensuring the business is ready to receive the agreed change (address business problems and opportunities), ensuring that change initiatives are successfully assessed and implemented to enable them to be embedded in the organisation.  

Accountabilities

• Identification and analysis of business impact and opportunities that require change within the organisation.
• Development of business readiness strategies that will help to ensure the successful implementation of change initiatives.
• Communication with stakeholders, including senior management, project teams, and external partners, to ensure that they are informed about change initiatives and that their needs and expectations are being met.
• Collaboration with Client Readiness, Operational Readiness & Tech Delivery to ensure business, sales, operations, client servicing and functional partners are prepared for a smooth transition of technology delivery into BAU (including Target Operating Model, Training, Communications, Service Agreements.) .
• Management of resistance to change, ensuring that stakeholders are engaged and that their concerns are addressed.
• Review of business readiness plans and status reports in conjunction with change delivery managers to ensure business readiness activities completed on time including newly identified risks, issues and dependencies.
• Collaboration with project teams to ensure that change initiatives are aligned with project objectives and that change management activities are integrated into project plans.
• Provision of guidance and support to business stakeholders, ensuring that they have the necessary skills and knowledge to implement change initiatives successfully.

Assistant Vice President Expectations

• 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.