AM Wholesale Model Validation

Job Title AM Wholesale Model Validation Location: Noida About Barclays Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group. Risk and Control Objective Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards. Working Flexibly We're committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers and clients needs. Whether you have family commitments or you're a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager. Introduction: Successfully balance the following responsibilities: . Provide independent review (IR) and challenge of all quantitative and qualitative processes categorized as models (e.g. ILAAP, ICAAP, Credit Risk, Liquidity Risk, IFRS+ Wholesale Credit Risk model, IRRBB etc.) under the MRM framework to a high degree of depth, as required by and detailed in the Bank's policies and standards. This role will be part of Group Risk IVU team. . Provide input to/support the governance and reporting processes related to model risk management. . Exposure/interaction with Model/Business Owners (e.g. wholesale portfolio) and gain business and regulatory insights What will you be doing Independent review and challenge [80%] Work on independent review of Liquidity Risk models with some exposure in models from other areas as mentioned below . Liquidity Risk Models - Models (LCR, ILAAP) used to calculate Bank's liquidity requirement and survival horizon in adherence to Liquidity Regulatory Requirements . Economic Capital Models - Models used by banks internally to calculate Bank's capital requirement . Interest Rate Risk in Banking Book (IRRBB) Models - models used for management and supervision of interest rate risk . Stress Test Models - Climate Risk Stress Test, Internal Stress Test, Medium Term Plan, Prudential Regulation Authority (PRA) or Bank of England (BoE) Stress Test . IFRS+ Models - International Financial Reporting Standard to calculate Expected Loss . Diverse Banking Portfolios - for different banking products e.g. Wholesale (Corporate and Investment Bank) and Retail portfolios (Credit Card, Home loan etc.). .