Join us as an Assistant Vice President - Model Execution at Barclays,
where youll spearhead the evolution of our digital landscape, driving innovation and excellence. Youll harness cutting-edge technology to revolutionize 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 planning and stress testing, model validation, reporting as well as job-specific skillsets.
To be successful in this role, you should have:
- Strong written and verbal communication skills.
- Sound understanding of financial statement analysis.
- Good understanding of financial markets and relationships with major macroeconomic variables.
- Experience in building and maintenance of financial models on MS Excel, and the ability to crunch numbers from large datasets and produce actionable insights/analytics.
- Robust analytical and problem solving skills.
- Ability to work with multiple teams to drive business outcomes.
Some other highly values skills include:
- Post-graduate degree or equivalent in Finance / Accounting. Candidates with CFA/FRM charters are desirable but this is not a mandate.
- Prior experience in forecasting, valuations and/or developing / execution of stress testing models in the banking industry.
- Understanding of key model risk management principles prescribed by global regulators.
- Hands-on experience in using tools such as Python, Alteryx, Tableau or Qlikview is desirable but not a mandate.
This role will be based out of Chennai.
Purpose of the role
To develop strategic infrastructure requirements, onboard current model suite & new quantitative model methodologies, redevelop models based on monitoring, IVU feedback and business changes and perform validation process.
Accountabilities
- Delivery of advanced model analytics, improve stability and bring consistency in calculation approach.
- Leading technical engagements with QA and IVU for strategic redevelopment project on behalf of FTC.
- Provision of model execution, output analysis and lifecycle management capabilities across use cases for both forecasting and BAU models.
- Implementation of process improvements though enhanced controls, automation and improved analytics.
- Delivery of advanced model analytics (Recalibration, Sensitivity, root cause analysis etc.).
- Controls and testing: Addressing execution issues with IT and QA, Perform UAT as part of model product ionisation.
- Cataloguing of issues, potential improvement for model redevelopment, authoring technical documentation with QA.
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.
