VP - Planning and Stress Testing (MEx)

In the role of VP - Planning and Stress Testing (MEx), you will play a key leadership role within the Finance function, with responsibility for forecasting multiple business specific Pre-Provision Net Revenues (PPNR) and Balance Sheets. You will work cross-functionally with teams across Finance, Quantitative Analytics, Treasury, Risk, and the Business to support multiple internal and external use cases, including but not limited to strategic planning and regulatory submissions. You will also engage in model development/redevelopment, model monitoring, IVU feedback, results validation, and ensuring proper governance.

To be successful as a VP - Planning and Stress Testing (MEx), you should have experience with:

• Leading and managing a team

• Excellent modeling, forecasting, and financial analytics skills

• Sound understanding of the Balance Sheet, Income Statement and Internal Controls

• Investment Banking products

• Ability to brainstorm and deep dive as needed to meet deliverables on time

• Exceptional communication, both verbal and written, along with presentation skills and confident engaging with senior stakeholders and regulators

Some other highly valued skills include:

• Bachelor of Science/Business Administration degree in Finance, Accounting or Economics

• 7+ years of relevant experience

• The ability to be collaborative within a team environment

• Considerable organizational skills with the ability to manage multiple workstreams, prioritize effectively, and deliver high-quality results under tight timelines

• Possess intermediate or advanced Microsoft excel skills

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 analytical skills, as well as job-specific technical skills.

This role is located in New York, NY.

Minimum Salary: $160,000

Maximum Salary: $210,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available.

Purpose of the role

To develop strategic infrastructure requirements, onboard current model suite & new quantitative model methodologies, redevelop models based on monitoring, IVU feedback and business changes and perform validation process. 

Accountabilities

• Delivery of advanced model analytics, improve stability and bring consistency in calculation approach.
• Leading technical engagements with QA and IVU for strategic redevelopment project on behalf of FTC.
• Provision of model execution, output analysis and lifecycle management capabilities across use cases for both forecasting and BAU models.
• Implementation of process improvements though enhanced controls, automation and improved analytics.
• Delivery of advanced model analytics (Recalibration, Sensitivity, root cause analysis etc.).
• Controls and testing:  Addressing execution issues with IT and QA, Perform UAT as part of model product ionisation.
• Cataloguing of issues, potential improvement for model redevelopment, authoring technical documentation with QA.

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.