Vice President-QA Model Monitoring

Embark on a transformative journey as “Vice President-QA Model Monitoring” at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences.

Candidates will be evaluated on critical success factors for the VP - Model Monitoring role, including Versatility in coding practices, Strong grasp of credit risk model architecture and Specialized skills aligned with model governance and analytics.

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.

To be successful in this role as a “Vice President-QA Model Monitoring", you should possess the following skillsets:

• Knowledge of various statistical techniques used in analytics (regression, time series, cluster analysis, machine learning algorithms etc.) 
• Good at carrying out statistical analysis using appropriate software and statistical programming languages e.g. Excel, SQL, R, SAS, Python etc. 
• Excellent written and verbal communication skills. Ability to articulate complex analytical problems and solutions at various levels 

Some other highly valued skills include:

• Masters in Engineering/Technology, PhD, MBA

This role is based in our Noida office.

Purpose of the role

To design, build, produce, and analyse regular model monitoring reports to assess if the models remain fit for their intended use.

Accountabilities

• Monitoring of models in line with the MRM Model Risk Policy and associated Standards.
• Stakeholder engagement (Model Owners, Model Developers, Technology, MRM, and others) for design, data specifications, build and implementation of model monitoring reports.
• Documentation and review of the model monitoring results, conclusions, and recommendations with the Model Owners (or delegates), and track the actions stemming from model monitoring.
• Adherence to internal and external governance and controls requirements in the E2E model monitoring process and execution.
• Provision of need based deep dive and adhoc analysis to the Model Owners to support internal and external requirements.
• Management reporting, oversight, and escalations.

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.