Impairment Analyst

Join Barclays as Impairment Analyst where Identification of potential impairment triggers, analysis of relevant financial and non-financial information to assess the potential for impairment of financial assets, and application of quantitative and qualitative impairment tests to determine whether an asset is considered impaired. At Barclays, we don't just anticipate the future - we're creating it.

To be successful in this role, you should have:

• Strong analytical and problem-solving skills, with the ability to interpret complex data and identify key drivers of portfolio performance.
• Excellent numerical aptitude and attention to detail, with a focus on the accuracy and integrity of reported outputs.
• A proactive mindset with a strong sense of ownership and accountability for deliverables and results.
• Working knowledge of SQL, Excel ,Python or any other related data analysis tools.
• Strong communication skills, with the ability to translate analytical findings into clear and concise insights for stakeholders.
• Experience in banking, financial services, portfolio analytics, or similar analytical roles would be preferred.

Some other highly valued skills may include:

• Understanding of IFRS9 impairment and Expected Credit Loss (ECL) concepts.
• Knowledge of retail credit risk management and the credit lifecycle, particularly within secured lending portfolios.
• Exposure to impairment forecasting, portfolio analytics, model monitoring, or stress testing activities.
• Experience working within a controlled governance environment and collaborating with Risk, Finance and Modelling teams.

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 based in our Noida / Gurugram office.

Purpose of the role

To evaluate and assess the potential impairment of financial assets, ensuring that the bank's financial statements accurately reflect the economic value of its assets.   

Accountabilities

• Identification of potential impairment triggers, analysis of relevant financial and non-financial information to assess the potential for impairment of financial assets, and application of quantitative and qualitative impairment tests to determine whether an asset is considered impaired.
• Assessment of the impairment loss for an asset by identification of the right valuation method, assessment of its fair value, and documentation of the process.
• Calculation of the impairment provision to reflect the impairment loss and prepare clear and accurate impairment disclosures for financial statements.
• Management of the performance of impaired assets and reassessment of their impairment status on a regular basis.    .

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• 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 develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

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.