Vice President - SAM

Embark your transformative journey as Vice President – SAM. This is a leadership role for an experienced VP based in Mumbai to manage a team of individuals who perform impairment, governance, and case management activities for the Global Special Asset Management (SAM) team. The SAM team’s overall objective is to minimize the bank's losses on troubled loans by actively working to restructure, recover, or dispose of delinquent or non-performing loans, they are the bank's financial detective, uncovering the reasons behind loan defaults, negotiating repayment plans, and implementing solutions to maximize recoveries. Our Mumbai based colleagues play a pivotal role in achieving this objective by undertaking various oversight and controls activities, managing key regulatory driven deliverables, and supporting the management of cases, including certain aspects of credit analysis. Working closely with local management and with the London based head of the SAM Impairment, Oversight & Controls team, this is a great opportunity to demonstrate an ability to lead a team with multiple responsibilities and time-bound deliverables and also to play a part in expanding the remit of the team to support with credit analysis and valuation work. The successful candidate will be responsible for supporting the team to manage activities in an efficient and effective way, for supporting the personal development ambitions of team members and for representing the team Globally in interactions with internal stakeholders. The candidate will also be required to bring SME knowledge of valuing distressed businesses and assets to support in building out this activity.

To be successful as VP SAM, you should have extensive experience with:

• Established leadership skills and a solid foundation in people management with a proven track record of successfully managing a team of 10+ individuals.
• Valuation work expertise, with a focus on distressed businesses/assets and strong stakeholder management skills and an ability to manage stakeholders in multiple jurisdictions.
• Excellent oral and written presentation skills and proficient use of MS-office tools.
• A good holistic understanding of controls and governance and the importance of operating within agreed frameworks.
• A keenness to look for ways to improve the efficiency/effectiveness of tasks and an ability to drive change when required and ability to challenge in the right way and speak up to drive the right outcomes.

Some other highly valued skills may include.

• Prior experience of working in a team that manages troubled loans.
• An understanding of IFRS9 and Definition of Default Regulations.
• Experience of analysing and reviewing data and drawing conclusions.
• Knowledge of Leveraged Lending credit skills.
• Knowledge of SAS/ Python.

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.

This role is for Mumbai Location.

Purpose of the role

To oversee accurate and timely identification, measurement, and reporting of credit loss provisions for the bank's loan portfolio, in accordance with relevant accounting standards and contribute to the effective management of credit risk by providing insights and analysis to support informed decision-making.

Accountabilities

• Monitoring of the performance of loan portfolios and identify borrowers showing signs of financial stress or increased credit risk.
• Analysis of borrower financial information and creditworthiness indicators to assess the risk of default and determine the appropriate level of impairment.
• Development and implementation of credit risk models used for impairment estimation and portfolio analysis.
• Conducting stress testing and sensitivity analyses to assess the impact of economic and market changes on loan portfolios and impairment estimates.
• Development and implementation of early intervention strategies for at-risk borrowers, such as loan restructuring, renegotiation, or collection actions.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• 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 be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills 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.