Risk Manager

As the Risk Manager Assistant Vice President, you will leverage data analytics and modelling to build, monitor, maintain, and optimize risk/reward decisions within BUK Unsecured Lending. This role encompasses various products and involves both new product launches and existing product optimizations. You will provide analytical support in designing credit policies across the customer lifecycle, setting credit parameters to ensure loss rates remain within risk appetite while achieving the expected reward. Additionally, you will engage with the commercial team to align with business goals, conduct in-depth investigative analysis on portfolios and segments using data from various sources, and develop reports to establish credit performance for monthly Risk Management Committee and senior stakeholder meetings. You will also offer ad-hoc insights and support to the wider CRO teams and senior management. You will communicate proposed strategy changes effectively to team leaders and key stakeholders and influence ongoing communications with senior-level business stakeholders, including Finance, CRO, Decision Analytics, and Commercial heads.

 To be successful as a Risk Manager AVP, you should have experience with

• Working independently, managing multiple stakeholders, and thriving in a dynamic environment.
• Capable of challenging and advocating for optimal business and customer outcomes.
• Experienced in using analytics to solve complex business issues.
• PowerPoint and excel skills.
• SAS or SQL for data analysis.

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: Glasgow, Northampton or London

Purpose of the role

To manage and optimise the bank's overall credit risk exposure by monitoring, analysing, and reporting on the creditworthiness of its lending portfolio.

Accountabilities

• Monitoring the financial performance and risk profile of the entire lending portfolio, including individual borrowers, sectors, and geographic regions.
• Analysis of credit trends, identify early warning signs of potential borrowers' issues, and assess the impact of economic and market developments on the portfolio.
• Development and utilisation of quantitative models and risk forecasting tools to measure and predict potential credit losses.
• Performance of portfolio stress testing exercises to assess the impact of various economic and market scenarios on the portfolio's risk profile.
• Definition and setting of portfolio, segment and customer risk appetite, policy and limits. Overseeing first line execution within these parameters.

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.