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 1 day ago

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Analyst - IFRS9 Impairments BUK Unsecured Barclays

5.0 - 9.0 years

0 Lacs

noida, uttar pradesh

On-site

As an Analyst in Impairment at Barclays, you will play a crucial role in embedding control functionality by leading the development of outputs for the team. Your responsibilities will include supporting colleagues in demonstrating analytical and technical skills, as well as knowledge of retail credit risk management fundamentals, especially in impairment management. Collaboration with the wider team and management will require sound judgment from you. To excel in this role, you should be able to provide commentary for various forums, own IFRS9 risk models throughout their lifecycle, develop Post Model Adjustments, review model monitoring reports, design and implement remediation strategies, and support the production of commentary packs and decks for multiple forums and committees. Some other key skills that are highly valued for this role include reviewing and challenging IFRS9 impairment models, producing annual and monthly forecasts, maintaining management information on impairment metrics, understanding key regulatory requirements for IFRS9, presenting results to stakeholders, and fostering a culture of decision-making through robust analyses. You may undergo an assessment based on critical skills such as risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, and job-specific technical skills. This role is based in Noida. The purpose of this role is to evaluate and assess the potential impairment of financial assets to ensure accurate reflection of the bank's economic value of assets in its financial statements. Your accountabilities will include identifying potential impairment triggers, analyzing relevant information, applying impairment tests, assessing impairment loss, calculating impairment provisions, managing impaired assets" performance, and reassessing their impairment status regularly. As an Analyst, you are expected to perform activities timely and to a high standard, demonstrate in-depth technical knowledge, lead and supervise a team, guide professional development, and exhibit clear leadership behaviours. You will impact related teams, partner with other functions, manage risk, and strengthen controls. All colleagues at Barclays are expected to uphold the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, along with demonstrating the Barclays Mindset of Empower, Challenge, and Drive to guide their behavior and actions.,

Posted 4 days ago

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