AVP Credit Risk, CCPs and Funds Analyst

Purpose of the role

To safeguard the financial health of the bank by identifying, analysing, and mitigating potential credit risks associated with lending activities.

Accountabilities

• Analysis of financial data, including income, assets, liabilities, credit history, and economic trends, to determine the risk of default.
• Monitoring of existing loan portfolios to identify potential credit deterioration or early warning signs of default.
• Recommendation of loan approvals, rejections, or adjustments based on risk evaluation and bank lending policies.
• Development and implementation of credit risk mitigation strategies, including collateral management, loan restructuring, and workout plans.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Join us as a " Senior Credit Risk, CCPs and Funds Analyst" at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences.

The Credit Risk department works with the business to independently quantify the appropriate level of risk for the client, for the firm and for our shareholders.  We apply appropriate governance and control to ensure the right decisions are made using accurate calculation, assessment and recording of exposure and risk.  We aim to have the best-in-class processes, models, systems, and data integrity, thus attracting the best people and aim to be the employer of choice for Risk professionals. Credit Risk is part of the wider Risk Function, which also encompasses Market Risk, Operational Risk, Risk Control and Risk Infrastructure.

To be successful as a “Senior Credit Risk, CCPs and Funds Analyst”, you should have experience with:

• Managing assigned portfolio of Clearing Houses and Stock Exchanges.
• Appreciation of the derivatives market (OTC / exchange traded) and how the derivatives market operate.  
• Keep abreast of regulatory developments of Clearing Houses and Stock Exchanges within the portfolio.
• Undertake ongoing portfolio surveillance/monitoring of the portfolio to ensure that counterparty risk remains within approved risk appetite
• Undertake fundamental credit analysis on assigned portfolio and provide credit recommendations
• Undertake associated regulatory requirements like attesting regulatory reports, grade attestations etc.
• Ensure all relevant Credit Risk policies, standards and procedures are followed.
• Ensure that credit limits, internal grades and other credit parameters are aligned with the framework.
• On-going monitoring of portfolio for material developments affecting credit quality and the initiation of appropriate action. Monitor portfolio/industry news and identify early warning signs in the assigned portfolio.
• Be able to represent the Credit Risk function in participating in firm-wide projects which impacts the assigned portfolio.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

Location is Mumbai.