AVP, Quantitative Analyst BI Retail Credit Risk Modeler

What will you be doing?

Barclays Services Corp. seeks AVP, Quantitative Analyst BI Retail Credit Risk Modeler in Wilmington, DE (multiple positions available):

• Develop account level multivariate and time series econometric models to predict credit risk using statistical methods including logistic regression, linear regression, generalized linear regression decision tree and machine learning techniques.

• Perform project design, predictive model development, strategy development, creation of production code, and implementation of models.

• Leverage knowledge of statistics, economics, mathematics, and programming techniques to develop financial tools used by internal business units to quantify and mange credit risk.

• Utilize Hadoop, SQL, and Spark to extract relevant features from raw data sources, perform feature engineering, derive target variables, and construct data structures to fit multiple model development purposes.

• Produce comprehensive documentation to ensure models can be replicated.

• Predict model adherence to internal, external, and regulatory requirements.

• Provide intellectual leadership and analytical support to clients.

• Assist clients developing best in class practices throughout product life cycle (targeting, underwriting, Existing Customer Management, Collections, Recoveries).

• Leverage knowledge of SAS GRID and Hadoop databases, Unix servers, and account level and transactional level data to construct complex optimization, regression, and machine learning tools.

• Communicate model development techniques to senior management, model owners, regulators, and auditors and collaborate with Chief Risk Officer team and Independent Validation Unit team to deep dive modeling results.

• Liaise with internal and external auditors to ensure compliance with the firm-wide and industry practices.

• Draft production code and collaborate with implementation team to perform User Acceptance Testing (UAT) and drive model implementation into production.

• May telecommute.

This position is eligible for incentives pursuant to Barclays Employee Referral Program.

Purpose of the role

To design, develop, implement, and support mathematical, statistical, and machine learning models and analytics used in business decision-making

Accountabilities

• Design analytics and modelling solutions to complex business problems using domain expertise.
• Collaboration with technology to specify any dependencies required for analytical solutions, such as data, development environments and tools.
• Development of high performing, comprehensively documented analytics and modelling solutions, demonstrating their efficacy to business users and independent validation teams.
• Implementation of analytics and models in accurate, stable, well-tested software and work with technology to operationalise them.
• Provision of ongoing support for the continued effectiveness of analytics and modelling solutions to users.
• Demonstrate conformance to all Barclays Enterprise Risk Management Policies, particularly Model Risk Policy.
• Ensure all development activities are undertaken within the defined control environment.

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.