AVP BUK BFA Credit Risk

Join us as a BUK BFA Credit Risk - AVP, where you will be responsible for carrying out a detailed level of analytics to support the development, optimisation and subsequent performance monitoring of the Financial Assistance (Collection and Recoveries) Credit Risk minimum strategy requirements and frameworks. The role holder will be expected to take a proactive approach to analytics and be able to work autonomously.

To be successful as a BUK BFA Credit Risk - AVP, you should have:

• Practical experience of using analytics to solve complex business problems.

• Good understanding of standard statistical package (SAS or SQL).

• Strong communication skills (written and oral), with ability to articulate complex issues at an intuitive level to a non-Risk audience.

• Ability to think creatively - to challenge the norm and drive through solutions in the face of adversity and challenge.

Some other highly valued skills may include:

• Strong academic background in a mathematical discipline e.g. mathematics, statistics etc.

• Good understanding and experience of working in a Retail Credit Risk environment, preferably with Collections & Recoveries knowledge.

• Awareness of Regulatory landscape and requirements governing Risk, specifically Collections & Recoveries.

• Working knowledge of Python.

You may be assessed on the key critical skills relevant for success in role, such as control and governance, Data Analysis, Process & Performance Management, Risk segmentation, Toolkit Development.

This role is based of Noida.

Purpose of the role

To minimise 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.

Accountabilities

• Identification and analysis of delinquent or restructured loans with deteriorating financial conditions.
• Analysis of borrower's financial statements, business plans, and market conditions to assess repayment potential.
• Monitoring and tracking of the performance of workout plans, ensuring compliance with agreed-upon terms.
• Development and proposition of comprehensive workout plans that balance recovery maximisation with borrower viability.
• Negotiation and finalisation of settlements or pursue litigation as necessary, in line with bank policies and regulations.
• Operation of an effective control environment to ensure compliance with relevant bank policies and regulations.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• 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 lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• 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.