Job
Description
Join us as an " A ssistant V ice P resident - Model Risk Audit " at Barclays, where youll spearhead the evolution of our digital landscape, driving innovation and excellence. Youll harness cutting-edge technology to revolutionise our digital offerings, ensuring unapparelled customer experiences. You may be assessed on the key critical skills relevant for success in role, such as experience with modelling / model monitoring / model validation / model risk management /model risk audit role , as well as other job-specific skillsets. To be successful as an " A ssistant V ice P resident - Model Risk Audit ", you should have experience with: Basic/ Essential Qualifications: Prior experience in model risk management or models related to traded products or financial derivatives or credit risk or counter-party credit risk or fraud risk or climate risk or Artificial Intelligence /Machine Learning. Excellent communication skills. Ability to communicate effectively and have difficult conversations with senior stakeholders (technical and non-technical). Strong written skills and meticulous adherence to detail. Quantitative postgraduate /Engineering (B Tech) degree or professional qualification (CFA, ACA, FRM, FIA, CAIA, MBA etc). Desirable skillsets/ good to have : Demonstrated project management experience and ability to conduct complex work under pressure Proven working experience and exposure on end-to-end audits. Experience in leading others in large project / initiatives / audit assignments Strong risk and control understanding Knowledge of one or more programming languages (Python, SAS, R) Proven track record of high performance in previous roles Knowledge about new and emerging financial products and services Display willingness and initiative to learn and share knowledge This role will be based out of Pune. Purpose of the role To support the development of audits aligned to the bank s standards and objectives by working collaboratively with colleagues, providing accurate information and recommendations, and complying with policies and procedures. Accountabilities Audit development and delivery support, including financial statements, accounting practices, operational processes, IT systems and risk management. Identification of operational risks to support the delivery of the Barclays Internal Audit (BIA) Audit Plan through risk assessments. Assessment of internal control effectiveness and their capability to identify and mitigate risk aligned to regulatory requirements. Communication of key findings and recommendations to stakeholders, including the Audit Owner, senior managers and directors. Identification of regulatory news and industry trends/developments to provide timely insight and recommendations for best practice. 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.
