Risk Analyst

Join us as a "Risk Analyst" at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionise our digital offerings, ensuring unapparelled customer experiences.

You may be assessed on the key critical skills relevant for success in role, such as experience with Risk Analyst, as well as job-specific skill sets.

To be successful as a "Risk Analyst", you should have experience with:

The Risk Analyst will be responsible for the end-to-end analysis, monitoring, and monthly regulatory reporting of the bank’s Securitisation portfolios including stress test data framework (STDF) & credit fast monitoring data (CFMD) etc. A primary focus of this role is to support the stress testing framework (ICAAP/Regulator Reporting) independently by providing accurate data to regulator and also delivering actionable insights to senior management regarding securitization portfolios.

Key Responsibilities

• Regulatory Reporting: Produce, validate, and submit Securitisation portfolio reports to regulatory authorities, ensuring accuracy and compliance with deadlines.

• Securitisation Analysis: Understanding/assessment of credit, and structural risks for new and existing securitisation transactions (e.g., RMBS).

• Stress Testing Support: Assist credit risk models underpinning stress testing assessments, including scenario analysis, and prepare documentation for regulatory submissions.

• Data Integrity & Monitoring: Oversee ongoing monitoring of securitisation portfolios, identifying changes in credit quality, and ensuring adherence to risk limits.

• Process Improvement: Identify opportunities to automate and optimize reporting workflows using SQL, Python & SAS.

• Support broader team to meet regulatory obligations wherever required.

Basic/ Essential Qualifications:

• Education: Bachelor’s degree in finance, Economics, Mathematics, Statistics, or a related quantitative field.

• Experience: 3+ years of experience in a risk management / reporting capacity, specifically focusing on credit risk within securitisation or structured finance. Certification: FRM (Financial Risk Manager) or CFA is highly preferred. Regulatory Knowledge: Solid understanding of Basel III/IV, or regulator reporting requirements for securitization exposures. 

Desirable skill sets/ good to have:

• Advanced proficiency in SQL for extracting and manipulating large datasets. Proficiency in Python or SAS for data analysis and automating reporting tasks. Office Suite: Advanced MS Excel skills (VBA, Power Pivot).

• Key Competencies.

• Attention to detail with the ability to ensure accuracy in high-stakes regulatory reporting.

• Strong analytical skills to interpret complex financial structured products. Effective communication skills to present findings to senior management. 

This role will be based out of Noida.

Purpose of the role

To gather, analyse, and present risk data in a clear and concise manner to stakeholders across the organisation, facilitating informed decision-making, risk mitigation, and regulatory compliance.

Accountabilities

• Development and maintenance of a variety of risk reports, including credit, market, operational, and liquidity risk reports, and regulatory reports.
• Extraction of risk data from various sources, including internal systems, risk models, and external market data feeds.
• Analysis of risk data to identify trends, patterns, and outliers, and assess the impact of risk exposures.
• Monitoring key risk indicators and metrics to identify emerging risks and track the effectiveness of risk mitigation strategies.
• Development and implementation of risk reporting improvements and automation initiatives.

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.