Wcr Portfolio Climate Risk | Avp

Job Title: WCR Portfolio Climate Risk - AVP 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: - The role proactively reviews and analyses the risk profile of the credit portfolios with focus on the Climate Risk - The role holder will engage and work closely with a team of Stress testing and capital assessments SMEs, Climate Risk experts, who collectively are to provide advice and direction to key stakeholders across Barclays - Measuring the carbon footprint of Barclays financing - Integration of climate metrics into Barclays Climate Risk Framework - Reviews limits and recommends adjustments in line with governance - Coordinates and presents data and analytics on priority portfolios for senior management What will you be doing? - Support the delivery of key strategic and regulatory deliverables including Mandate and Scale framework, Stress Testing and Economic Capital from a climate risk perspective - Climate Change Stress Testing of WCR portfolios. - Contribution to the continuous improvement of Barclays Risk systems and analysis tools and stay abreast with best practices of industry in the ambit of climate risk and stress testing exercises - Support setting, monitoring and review of limits within the Mandate and Scale framework, which enables a granular allocation of Risk Appetite to avoid excessive concentrations (industry, product or geography) - Identify internal and external risks to the portfolio (incl climate risk) and assess the impact of various events (e.g. market events) on the portfolio - Support the wider WCR Portfolio Management team in Strategic and BAU deliverables - Understand and interpret variation in key credit metrics, carry out reporting activity to Risk Committees. - Identify and challenge data quality issues and support resolution What we’re looking for: - Strong track record in risk management with a leading Corporate and/or Investment Bank (4yrs+). - Effective, clear communication skills, both written & oral - Understanding of Credit Risk modelling including PD, LGD and EAD analytics - Awareness of business implications on Barclays from its strategic climate change objectives - Knowledge of Barclays Investment Banking and Corporate Banking key business lines - Awareness of carbon accounting - Strong Excel & PowerPoint skills - Highly analytical mind with a strong attention to detail - Strong organisational and prioritisation skills - Ability to work accurately and efficiently in a time pressured environment - Graduate with exposure to Finance, Mathematics, Economics and/or Technology Skills that will help you in the role: - Graduate (preferably with a Masters degree) with exposure to Finance, Mathematics, Economics and/or Technology - Familiarity with the principles of portfolio management - Experience coordinating/working within a credit risk limit framework - Experience with wholesale credit/banking book and securitisation risk modelling, stress testing & scenario analysis is a strong plus - Familiarity with the calculation and monitoring of RWA under Advanced and Standardised approaches - Working knowledge of Python, SAS (or R), SQL - Masters degree with exposure to Finance, Mathematics, Economics and/or Technology Where will you be working? Mumbai Be More at Barclays 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 commo