Vice President - Impairment

Join Barclays as Vice President – Impairment, where you will help the colleagues to demonstrate analytical and technical skills as well as knowledge of fundamentals of retail credit risk management, particularly across impairment management. At Barclays, we don't just anticipate the future - we're creating it. Your role will be responsible for embedding a control functionality by building and leading the development of the output for the team. You will also need to demonstrate sound judgement in collaboration with the wider team and management.

To be successful in this role, you should have:

• Experience in owning IFRS9 / CCAR (Comprehensive Capital Analysis and Review) / CECL (Current Expected Credit Loss) risk models to manage entire lifecycle starting from data governance, development, implementation and monitoring.

• Knowledge of presenting Findings and observations on IFRS9 risk models Develop Post Model Adjustments (PMA)to address model inaccuracy and underperformance in senior stakeholder forums.

• Understanding about reviewing model monitoring reports to assess drivers for model underperformance and lias with modelling teams.

• Experience in designing and implementing tactical and strategic remediation support production of commentary packs and decks for multiple forums and group impairment committee.

Some other highly valued skills may include:

• Good understanding of reviewing and challenging IFRS9 impairment models (both SPOT and Forecasting).

• Team management experience.

• Working knowledge of key regulatory requirements for IFRS9 and an excellent coding ability in SAS, Python and SQL.

• Excellent communication and presentation skills.

• Facilitating a culture of decision making through provision of robust and accurate analyses.

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 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.    .

Vice President Expectations

• 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.