Job
Description
As an Analyst Impairment at Barclays, your role will involve embedding a control functionality by leading the development of the team's output. You will assist colleagues in demonstrating analytical and technical skills, as well as knowledge of retail credit risk management, particularly in impairment management. Sound judgement and collaboration with the wider team and management will be essential. Key Responsibilities: - Provide commentary for multiple forums - Own IFRS9 risk models for the entire lifecycle including data governance, development, implementation, and monitoring - Develop Post Model Adjustments (PMA) to address model inaccuracies and underperformance - Review model monitoring reports and liaise with modelling teams to assess drivers for underperformance - Design and implement tactical and strategic remediation - Support the production of commentary packs and decks for multiple forums and group impairment committee Qualifications Required: - Review and challenge IFRS9 impairment models (both SPOT and Forecasting) - Produce annual and monthly forecasts for IFRS9 - Maintain management information on impairment metrics such as stock coverage - Have a working knowledge of key regulatory requirements for IFRS9 and apply them to existing processes and reporting - Present and communicate results to management and stakeholders - Facilitate a culture of decision-making through robust and accurate analyses The purpose of this role is to evaluate and assess the potential impairment of financial assets, ensuring accurate reflection of the bank's economic value of assets in financial statements. Accountabilities: - Identify potential impairment triggers - Analyze relevant financial and non-financial information - Apply quantitative and qualitative impairment tests - Assess impairment loss and valuation methods - Calculate impairment provisions and prepare accurate disclosures - Manage performance of impaired assets and reassess impairment status regularly You will be expected to consistently drive continuous improvement, demonstrate in-depth technical knowledge, lead and supervise a team, and collaborate with other functions and business areas. Your impact will extend to related teams within the area, and you will be responsible for managing risk and strengthening controls. As a Barclays colleague, you are expected to embody the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, along with the Barclays Mindset of Empower, Challenge, and Drive. As an Analyst Impairment at Barclays, your role will involve embedding a control functionality by leading the development of the team's output. You will assist colleagues in demonstrating analytical and technical skills, as well as knowledge of retail credit risk management, particularly in impairment management. Sound judgement and collaboration with the wider team and management will be essential. Key Responsibilities: - Provide commentary for multiple forums - Own IFRS9 risk models for the entire lifecycle including data governance, development, implementation, and monitoring - Develop Post Model Adjustments (PMA) to address model inaccuracies and underperformance - Review model monitoring reports and liaise with modelling teams to assess drivers for underperformance - Design and implement tactical and strategic remediation - Support the production of commentary packs and decks for multiple forums and group impairment committee Qualifications Required: - Review and challenge IFRS9 impairment models (both SPOT and Forecasting) - Produce annual and monthly forecasts for IFRS9 - Maintain management information on impairment metrics such as stock coverage - Have a working knowledge of key regulatory requirements for IFRS9 and apply them to existing processes and reporting - Present and communicate results to management and stakeholders - Facilitate a culture of decision-making through robust and accurate analyses The purpose of this role is to evaluate and assess the potential impairment of financial assets, ensuring accurate reflection of the bank's economic value of assets in financial statements. Accountabilities: - Identify potential impairment triggers - Analyze relevant financial and non-financial information - Apply quantitative and qualitative impairment tests - Assess impairment loss and valuation methods - Calculate impairment provisions and prepare accurate disclosures - Manage performance of impaired assets and reassess impairment status regularly You will be expected to consistently drive continuous improvement, demonstrate in-depth technical knowledge, lead and supervise a team, and collaborate with other functions and business areas. Your impact will extend to related teams within the area, and you will be responsible for managing risk and strengthening controls. As a Barclays colleague, you are expected to embody the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, along with the Barcl
