FRTB Assistant Vice President

In this role, you will manage RIS processes for asset classes, ensuring timely and accurate production of risk numbers for VaR and FRTB analysis. You will oversee daily processes for VaR, position, and stress reporting, adhering to deadlines.

You will assist in designing the FRTB reporting model, analyze regulations, and implement controls around FRTB IMA. You will also investigate and resolve data quality issues, collaborating with Risk Managers, IT, and BAs. Coordination with various teams for FRTB IMA improvements and documentation will be key.

Additionally, you will facilitate training for RIS team members and plan production processes for regular and Business Continuity Management

purposes. Your decision-making skills will help prioritize objectives and present data logically, ensuring compliance with regulatory requirements and internal policies.

To be successful as a Assistant Vice President FRTB, you should have

•           Numerate post graduate qualification.

•           Understanding of market risk methodologies and infrastructure especially reporting data flows and processes in one or more of the asset classes.

•           Knowledge of Capital reporting regulatory requirements particularly with reference to FRTB.

•           Knowledge of market data validation processes.

•           A good understanding of the bank’s Risk Control and Governance framework with an aim to assisting with the monitoring and management of the control tasks

Skills that will further help you in this role include

•           Computing skills including Advanced Excel and Python with high degree of proficiency in SQL

•           Financial products knowledge 

•           Experience in Market Risk Data Quality Control

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

Glasgow

Purpose of the role

To gather, analyse, and present risk data in a clear and concise manner to stakeholders across the organisation, facilitating informed decision-making, risk mitigation, and regulatory compliance.

Accountabilities

• Development and maintenance of a variety of risk reports, including credit, market, operational, and liquidity risk reports, and regulatory reports.
• Extraction of risk data from various sources, including internal systems, risk models, and external market data feeds.
• Analysis of risk data to identify trends, patterns, and outliers, and assess the impact of risk exposures.
• Monitoring key risk indicators and metrics to identify emerging risks and track the effectiveness of risk mitigation strategies.
• Development and implementation of risk reporting improvements and automation initiatives.

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.