5.0 - 9.0 years

0 Lacs

noida, uttar pradesh

On-site

As a part of Barclays Analyst Impairment team, 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, along with knowledge of retail credit risk management fundamentals, especially in impairment management. It is essential to showcase sound judgment while collaborating with the wider team and management. To excel in this role, you will need to: - Provide commentary in various forums and own IFRS9 risk models throughout their lifecycle, from data governance to monitoring. - Develop Post Model Adjustments (PMA) to address inaccuracies and underperformance in models. - Review monitoring reports to identify reasons for model underperformance and liaise with modelling teams. - Design and implement tactical and strategic remediation, as well as support the production of commentary packs for multiple forums and group impairment committee. Additionally, some highly valued skills for this role include: - Review and challenge IFRS9 impairment models, both SPOT and Forecasting. - Produce annual and monthly forecasts for IFRS9. - Maintain management information related to impairment metrics such as stock coverage. - Possess a working knowledge of key regulatory requirements for IFRS9 and apply them to existing processes and reporting. - Present results and communicate effectively with management and stakeholders. - Foster a culture of decision-making through the provision of robust and accurate analyses. Your performance in this role will be evaluated based on key critical skills relevant for success, including risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, as well as job-specific technical skills. This position is based in Noida. Purpose of the role: The primary 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 its assets in financial statements. Accountabilities: - Identify potential impairment triggers and assess the potential for impairment of financial assets by analyzing relevant financial and non-financial information. - Apply quantitative and qualitative impairment tests to determine asset impairment. - Calculate impairment provision, reflect impairment loss, and prepare accurate impairment disclosures for financial statements. - Manage the performance of impaired assets and reassess their impairment status regularly. Analyst Expectations: - Perform activities timely and to a high standard, consistently driving continuous improvement. - Possess in-depth technical knowledge and experience in the assigned area of expertise. - Lead and supervise a team, guide professional development, allocate work requirements, and coordinate team resources. - Demonstrate leadership behaviours for creating an environment for colleagues to thrive and deliver excellently. All colleagues are expected to embody the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, as well as demonstrate the Barclays Mindset of Empower, Challenge, and Drive in their daily behaviors and actions.,

Posted 3 days ago

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