Enterprise & Capital Risk - AVP

Embark on a transformative journey as an Enterprise & Capital Risk - AVP at Barclays. The overall purpose of your role is to help manage the coverage of weekly and quarterly production on stress testing activities for the trading portfolio within the Intermediate Holding Company (“IHC”). You will assist with the production for data analysis on trading book activities, issue remediation, and financial regulatory stress testing reporting related to mark-to-market (“MTM”) and issuer default loss (“IDL”) stress tests. You will also ensure reconciliation between systems, review gaps and remediation plans are complete, and ensure accurate risk capture in reporting. Your role will help coordinate with multiple upstream and downstream teams to ensure smooth handshake and timely delivery of financial stress testing reports to satisfy regulatory and capital planning requirements.

To be successful as an Enterprise & Capital Risk - AVP, you should have experience with:

• Financial regulatory requirement in CCAR GMS 14Q/A schedules

• Advanced Microsoft Excel skills and demonstrable data analysis skills

• Basic knowledge of market risks of trading activities across all asset classes

• Basic knowledge of financial regulatory requirements, especially in stress testing

• Ample communication skills, including the ability to explain technical concepts to non-technical audience, and follow up issues with multiple upstream and downstream teams

Some other highly valued skills may include:

• Experience/knowledge in database and/or programming, e.g. SQL, Python

• Experience/knowledge in data analysis and visualization tools, e.g. Tableau

• Ability to work independently and coordinate across to teams to ensure deadlines are met

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, digital and technology, as well as job-specific technical skills.

This role is located in our Whippany, NJ office.

Minimum Salary $100,000

Maximum Salary $160,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

Barclays employees are eligible for a suite of competitive and generous employee benefits, including medical, dental and vision coverage, 401(k), life insurance, and other paid leave for qualifying circumstances.

This position is eligible for an incentive award.

Purpose of the role

To develop and implement, and execute robust stress testing frameworks, methodologies and processes to assess the bank's capital adequacy under external or internal macroeconomic/ financial stress scenarios.

Accountabilities

• Development and implementation of stress testing methodologies aligned with regulatory and MRM requirements and best practices.
• Identification and development of relevant risk scenarios reflecting potential economic, market, geopolitical and non-financial (i.e operational, compliance) threats, subject to role scenario design specialist.
• Application of stress testing models to assess the impact of scenarios on the bank's capital, net earnings, and liquidity.
• Analysis and interpretation of stress testing results.
• Delivery and management of Risk Identification for applicable regions through local governance.
• Execution and management of end to end delivery of regulatory reporting processes for regions.
• Delivery and management of risk appetite for local regions .

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.