Assistant Manager - Impairment Reporting

5 - 9 years

0 Lacs

Posted:3 weeks ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As an Assistant Manager - Impairment Reporting at Barclays, you will play a crucial role in embedding control functionality by leading the development of the team's output. Your responsibilities will include: - Helping colleagues demonstrate analytical and technical skills, as well as knowledge of retail credit risk management fundamentals, especially in impairment management. - Exhibiting sound judgment through collaboration with the wider team and management. To be successful in this role, you should possess: - Understanding of key accounting principles under IFRS. - Strong stakeholder engagement skills to execute their requirements effectively. - Interpersonal and analytical skills. Some other highly valued skills you should have are: - Preparing and submitting statutory and regulatory reports, supporting other departments in their preparation and review of regulatory reports. - Supporting the production of commentary packs and decks for multiple forums and the group impairment committee. - Having a working knowledge of key regulatory requirements for IFRS9 and applying them to existing processes and reporting. - Facilitating a culture of decision-making through robust and accurate analyses. - Developing and maintaining a robust system of internal controls to ensure the accuracy of financial data and prevent fraudulent misreporting. This role is based in the Noida office and aims to evaluate and assess the potential impairment of financial assets to ensure the bank's financial statements accurately reflect the economic value of its assets. Your key accountabilities will include: - Identifying potential impairment triggers and assessing financial and non-financial information. - Applying quantitative and qualitative impairment tests to determine asset impairment. - Managing the performance of impaired assets and reassessing their impairment status regularly. In addition, you will be expected to: - Perform activities in a timely and high-quality manner, driving continuous improvement. - Lead and supervise a team, guiding professional development and coordinating resources. - Partner with other functions and business areas to influence decision-making. - Take ownership of managing risk and strengthening controls in your work areas. - Demonstrate understanding of how your sub-function integrates within the organization and contributes to its objectives. You will also be assessed on critical skills such as risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, as well as job-specific technical skills. All colleagues at Barclays are expected to embody the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, as well as the Barclays Mindset of Empower, Challenge, and Drive.,

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Barclays logo
Barclays

Financial Services

London

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