Job Description

Job Title: AVP Structured Credit 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 Take ownership for managing risk and strengthening controls in relation to the work you do. 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, and your request will be reviewed subject to business needs Hybrid Working Structured hybrid role: At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home. We have a structured approach where colleagues work at an onsite location on fixed, \'anchor\', days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business. Introduction: As Structured Lending and financing Risk Manager you will be covering Market Risk aspect of the desk which is part of FI Credit. You will provide additional and independent information to various stakeholders to enhance decision making, whilst providing a control environment which satisfies the objectives set by the regulators. As a Market Risk Manager, you will be responsible for ensuring risks are fully captured and within Barclays Market and Credit risk systems for the desk spanning across the globe along with VaR sign offs, Stress, RNiV and IRC computation, working with Feed/Model/System migration related challenges. The role is within the Market Risk Management team located in Mumbai. What will you be doing . Ensuring full risk capture and completeness, both on a procedural (book and mapping) basis, as well as a risk factor (e.g. crosses, higher orders) basis . Proactive tracking and fixing of data/risking issues which feed into the risk including risk system transition . Ensuring accurate and timely daily signoff of risk, stress, and VaR/SVaR figures, for accurate market risk capture and risk reporting. . Daily monitoring of exposures, and utilization against limits, excess signoffs. . Perform stress tests and scenario analyses to evaluate the resilience of structured credit portfolios under adverse market conditions. . Identify vulnerabilities and recommend risk mitigation strategies based on stress testing results . Monitor the credit risk profile of structured credit instruments and assess their performance in relation to market risk exposure. . Identify trends and potential issues within the structured lending and financing portfolio . Assess liquidity risk associated with structured credit assets by considering factors such as trading volumes, bid-ask spreads, and gap risk based on historical time series on the funded assets. . Stay informed about market risk regulations and ensure that structured lending and financing activities comply with regulatory requirements and assist in preparation of regulatory reports/documentations. . Contribute to the ongoing enhancement of market risk methodologies, tools, and processes relevant to structured lending and financing risk management . Maintaining, improving, and creating risk reports for both informational and supervisory purpose . Communicating changes in risk profile to senior management formally via exposure and limit reports/Market Risk Review meetings and informally whenever significant risk positions arise. . Handle Top-Risks and market commentaries for the desk on rotation on Global Risk call . Hierarchy and book management within Credit . Handling enquiries and ad hoc requests from regulators or senior management . Assist in Audit and Conformance Testing from time to time. What we\'re looking for: . Sound knowledge of derivative markets, products and pricing and process flows for data management . Familiarity with market risk metrics, stress testing, and regulatory requirements (e.g., Basel III) related to structured credit . Several years of relevant experience in market risk management, exposure to structured lending and financing segment of an investment firm will be added advantage. . Motivated self-starter, able to operate from day one with minimal supervision essential . Ability to handle multiple priorities and operate autonomously whilst still being able to escalate appropriately . Bachelor\'/ Masters Degree with educational background in a quantitative discipline, eg Mathematics, Engineering, Statistics, Risk, Finance, Business (or CFA/FRM) . Analytical and IT skills are required (Advance Excel/VBA/Python) to build tools that will help in carrying out the responsibilities in this role. Skills that will help you in the role: . Strong attention to detail and the ability to work effectively in a fast-paced, dynamic environment . Excellent interpersonal skills, with confidence to follow up with multiple upstream and downstream teams . Technology proficiency in any of these languages: Python, SQL, VBA, C, C++, Java . Strong organizational and detailed documentation skills . Self-motivated, takes ownership of responsibilities assigned to him/her . Ability to communicate effectively in writing and verbally . Ability to work and collaborate in a team . Prior experience in market risk reporting or management would be preferred 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.

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