Job Description

Job Title: Impairment Assistant Manager 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 pa

Job Title: Impairment Assistant Manager 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. Hybrid Working We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We're flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances These requests will be reviewed and agreed for a period of time i.e., will have a start and end date. Please discuss the detail of the working pattern options for the role with the hiring manager. Introduction: The purpose of this role is to provide analytical insights on IFRS9 compliant impairment results for Barclays What will you be doing . Generate IFRS9 compliant impairment actuals for Portfolios directly impacting Group P&L . Provide analytical explains of MoM Impairment Drivers, including - Macro Economic Scenarios, Portfolio Movements, Sectoral Stress, New Business, Single Name Drivers etc. . Support the IFRS9 suite of wholesale impairment models (PD, EAD and LGD), working closely with the Model Owner/QA function to ensure the models are accurately reflecting credit risk that would emerge in a given economic and business scenario . Design and apply appropriate PMAs to address known model deficiencies/macro-economic volatility . Operate under a robust governance framework to ensure Financial Controller/Reporting Teams accurately book P&L provisions and provide appropriate quarterly disclosures for Investor Relations . Evidence compliance of stringent Controls/Governance to our Audit Teams - External (KPMG) and Internal (BIA/SOX) . Coordinate with Risk Reporting/IT Teams to ensure that monthly modelled outputs are accurate and any input data deficiencies are remediated/flagged as required. . Work alongside a team of analysts including those within 'virtual' teams. . Ensure team produces outputs on a regular and timely basis, as agreed with stakeholders. . Identify opportunities to automate activities to improve efficiency and accuracy. . Regular interaction with stakeholders across multiple teams including Risk and Finance to ensure the results produced by the team and self are well understood. What we're looking for: . Analytical skills: problem structuring, hypothesis testing via data analysis . Data management/analysis skills, with experience in usage of widely known analytical tools like Excel, Access and SQL . Team working and stakeholder management across all levels . Clear and concise communication to present results of analysis up to level of MD in the organization . Project management skills to ensure delivery across multitude of tasks, by enabling pragmatic prioritization Skills that will help you in the role: . Analytical skills: problem structuring, hypothesis testing via data analysis . Data management/analysis skills, with experience in usage of widely known analytical tools like Excel, Access and SQL . Team working and stakeholder management across all levels . Clear and concise communication to present results of analysis up to level of MD in the organization . Project management skills to ensure delivery across multitude of tasks, by enabling pragmatic prioritization Where will you be working Noida 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.