Job Description
Job Title: AVP| Credit - Market Risk Location: Mumbai
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:
• Productions of analytics
• Running monthly funding pulse check meeting across FO/COU/RMG/PCG/BM, reviewing actions, funding requirements, P&L, and producing the pack for the meeting with RMG/PCG input
• Monthly review of EF Outlook with RMG and Credits Funding AE
• Production of quarterly funding update for Global Head of Credit Trading and QBRs
• Supporting in producing Funding MTP and documenting assumptions
• Specific projects
• Monitoring CCP IM drivers
• Setting up formal process with COU to manage JTD risk
• Ensuring QA setup process for IBMO to manage CCP switches
• Getting LCH IM calculations in ICE
• Document allocation keys of IM funding charges so FO understand the mechanics of the allocation to their P&Ls
• Bond secured funding analysis – establishing regular MI for Trading desk of secured funding efficiency between FIF/PCG
• Loans secured funding analysis – ensuring accurate data is used for funding, and appropriate WALs are used across secondary, CLO business
• Stresses
• Repo CLR – challenging MI and calculation to get transparency on the underlying drivers of the stress, and what action can be taken to reduce stress working with FIF
• Intraday CLR – review calculation methodologies and allocation keys
What will you be doing?
• Setup and production of regular risk analytics reports which will feed into our global risk strategy for Credit Trading/Funding business
• Liaise with multiple team globally to retrieve relevant datasets and prepare the story with specific focus on risk strategy
• Work closely with the global business management teams to understand wider priorities and provide timely inputs to drive active risk management
What we’re looking for:
• Candidates should have an undergraduate degree in a relevant field or equivalent (i.e. Finance, Management, Economics, Business, Computer Science)
• Understanding of what a Credit Trading does and the financial products it trades along with general understanding of the Funding business in an investment banking setup
• Direct experience in a Risk Analytics function preferably in Credit Trading business with strong understand of risk metrics like CS01 (Credit Spread 01), CCS1%, VAR (regulatory and management), LID0 (loss in default at zero recovery), balance sheet (long vs short), etc.
• Proficient in MS Office suite, including PowerPoint, Excel, Outlook and Word
• Hands on experience on Business Intelligence (BI) tools like Tableau and Qlikview is an added benefit
• The successful candidate will have proven experience of:
• Executing against tight deadlines
• Ability to handle stressful situations
• Good Stakeholder communication skills
• Evidence of successful collaboration in a global, geographically dispersed environment
Skills that will help you in the role:
• 3-4 years of experience in a risk analytics function
• Prior experience in data analytics, data visualisation, VBA or python programming is strongly desirable
Where will you be working? Mumbai
Be More at Barclays At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are. Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details. Purpose, Values and Mindset
We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term. Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.
Respect We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution. Integrity We operate with honesty, transparency and fairness in all we do. Service We act with empathy and humility, putting the people and businesses we serve at the centre of what we do. Excellence We champion innovation, and use our energy, expertise and resources to make a positive difference. Stewardship We prize sustainability, and are passionate about leaving things better than we found them.
Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.
Empower Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure. Challenge Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints. Drive Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done
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:
• Productions of analytics
• Running monthly funding pulse check meeting across FO/COU/RMG/PCG/BM, reviewing actions, funding requirements, P&L, and producing the pack for the meeting with RMG/PCG input
• Monthly review of EF Outlook with RMG and Credits Funding AE
• Production of quarterly funding update for Global Head of Credit Trading and QBRs
• Supporting in producing Funding MTP and documenting assumptions
• Specific projects
• Monitoring CCP IM drivers
• Setting up formal process with COU to manage JTD risk
• Ensuring QA setup process for IBMO to manage CCP switches
• Getting LCH IM calculations in ICE
• Document allocation keys of IM funding charges so FO understand the mechanics of the allocation to their P&Ls
• Bond secured funding analysis – establishing regular MI for Trading desk of secured funding efficiency between FIF/PCG
• Loans secured funding analysis – ensuring accurate data is used for funding, and appropriate WALs are used across secondary, CLO business
• Stresses
• Repo CLR – challenging MI and calculation to get transparency on the underlying drivers of the stress, and what action can be taken to reduce stress working with FIF
• Intraday CLR – review calculation methodologies and allocation keys
What will you be doing?
• Setup and production of regular risk analytics reports which will feed into our global risk strategy for Credit Trading/Funding business
• Liaise with multiple team globally to retrieve relevant datasets and prepare the story with specific focus on risk strategy
• Work closely with the global business management teams to understand wider priorities and provide timely inputs to drive active risk management
What we’re looking for:
• Candidates should have an undergraduate degree in a relevant field or equivalent (i.e. Finance, Management, Economics, Business, Computer Science)
• Understanding of what a Credit Trading does and the financial products it trades along with general understanding of the Funding business in an investment banking setup
• Direct experience in a Risk Analytics function preferably in Credit Trading business with strong understand of risk metrics like CS01 (Credit Spread 01), CCS1%, VAR (regulatory and management), LID0 (loss in default at zero recovery), balance sheet (long vs short), etc.
• Proficient in MS Office suite, including PowerPoint, Excel, Outlook and Word
• Hands on experience on Business Intelligence (BI) tools like Tableau and Qlikview is an added benefit
• The successful candidate will have proven experience of:
• Executing against tight deadlines
• Ability to handle stressful situations
• Good Stakeholder communication skills
• Evidence of successful collaboration in a global, geographically dispersed environment
Skills that will help you in the role:
• 3-4 years of experience in a risk analytics function
• Prior experience in data analytics, data visualisation, VBA or python programming is strongly desirable
Where will you be working? Mumbai
Be More at Barclays At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are. Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details. Purpose, Values and Mindset
We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term. Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.
Respect We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution. Integrity We operate with honesty, transparency and fairness in all we do. Service We act with empathy and humility, putting the people and businesses we serve at the centre of what we do. Excellence We champion innovation, and use our energy, expertise and resources to make a positive difference. Stewardship We prize sustainability, and are passionate about leaving things better than we found them.
Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.
Empower Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure. Challenge Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints. Drive Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done
💡 Quick Summary
Seeking a career-building opportunity? The Avp| Credit position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
