| Job Description: |
The jobholder is accountable to the Director Risk Appetite and Reporting for:
- Managing and maintaining the Wholesale Credit Risk appetite framework
- Developing, managing and maintaining Wholesale Credit Risk stress testing capabilities
- Producing standard and ad hoc reporting and ensure that Clusters practice effective risk reporting
- Supporting the Wholesale Credit Risk Team in exercising effective oversight of Wholesale Credit Risk across the Barclays Group
Main Accountabilities and approximate time split:
Manage and Maintain the Wholesale Credit Risk Appetite Framework (30%)%3C/SPAN>
- Support the Director, Risk Appetite and Reporting and the Group Wholesale Credit Risk Director in development of the Wholesale Credit Risk Appetite Framework including :
- Leading projects to review key elements of the risk appetite framework including Mandate & Scale, Maximum Exposure Guidelines and Country Risk.
- Undertaking analysis of Barclays portfolios to identify developing /potential areas of portfolio concentration.
- Work with the Clusters to establish their most appropriate level of implementation of risk appetite below Group level.
Develop, Manage and Maintain Wholesale Credit Risk Stress Testing Capabilities (30%)%3C/SPAN>
- Quarterly Scenario Testing
- Develop and manage the architecture and ensure integrity of the scenario testing framework.
- Contribute to designing new methodologies and sharing best practices amongst businesses.
- Review, challenge and verify consistency of results, flag concerns and work with businesses to resolve.
- Communicate requirements to Clusters scenario testing teams (coverage, methodology, report format, etc.).
- Annual Stress Test
- Contribute to the development of Group-wide scenarios.
- Review, challenge and verify consistency of results, flag concerns and work with businesses to resolve.
Produce Standard and Ad Hoc Reporting and Ensure that Clusters Practice Effective Risk Reporting (20%)%3C/B>
- Work with the Wholesale Credit Risk Reporting Manager to undertake production of a range of ad hoc and regular monthly reporting on the Wholesale Credit Risk portfolios to a range of senior internal and external audiences including the Barclays Board and the FSA.
- Define and improve risk reporting processes which will facilitate the consistent management and monitoring of exposure to Wholesale Credit Risk at the Group portfolio level and across Clusters.
- Support Senior Management in maintaining the continual improvement of the external understanding of Barclays' Wholesale Credit Risk issues.
- Critically review, challenge and analyse Cluster MI. Maintain relationships with other Group Reporting teams and Cluster Reporting teams.
- Ensure that appropriate MIS and portfolio performance analysis is in place to report on a timely, complete and accurate basis relevant information to Senior Management at Group and Cluster level.
Support the Wholesale Credit Risk Team (20%)%3C/SPAN>
- Provide support to the Wholesale Credit Risk Director and wider team with a range of activities and ad hoc projects. This currently includes:
- Working with Group Finance to review Barclays Industrial Classification Codes to support enhanced risk reporting and regulatory compliance.
- Undertaking conformance reviews of wholesale business areas in order to test compliance with the Credit Risk Control Framework, building on the attestations provided.
Technical Skills/Competencies
- Knowledge of Risk and Control techniques for Wholesale Credit Risk
- Understanding and awareness of wholesale credit industry
- Knowledge of Regulatory requirements, within FSA and also with key overseas regulators e.g. Bank of Spain
- Facilitation and Negotiation - effective at managing and influencing discussion and debate at a senior level
- Strong communication and stakeholder management skills
- Risk, governance, control and assurance techniques
Knowledge and Expertise
- Knowledge of Risk and Control techniques for Wholesale Credit Risk
- Understanding and awareness of wholesale credit industry
- Strong communication and stakeholder management skills
- Risk, governance, control and assurance techniques
Essential
- Experience in a senior credit risk function or front line wholesale lending function in a major financial institution with knowledge of credit risk and control techniques, both theory and its application in practice.
- Knowledge of wholesale credit product lifecycle, structure and value drivers including origination, optimisation, collections and recoveries
- Exceptional IT skills, particularly advanced Excel/VBA
Preferred
- Due diligence process for mergers and acquisitions
- Strong Basel 2 knowledge
- Understanding of issues and developments in the financial services industry
- Knowledge of the shape and direction of the Barclays wholesale businesses
- Knowledge of the Barclays policies in the wholesale Credit markets
Experience, qualifications and other requirements specific to the role
Essential
- Relevant experience in wholesale banking and risk management roles
- Previous experience gained in differing credit risk roles
Preferred
- Graduate calibre
- Experience in Risk reporting roles
- International experience
- Understanding of complex capital markets products
|
