Risk Management Specialist
3 weeks ago
Key Responsibilities:
To ensure the accuracy and reliability of the bank's analytical models by validating and assuring their quality.
Validation and Assurance:
- Develop and implement validation plans for new and existing models.
- Prepare model documentation that clearly explains the model's methodology, assumptions, limitations, and risks.
- Develop and implement ongoing monitoring frameworks to ensure continued model accuracy and effectiveness.
Analysis and Assessment:
- Analyze and assess the model's accuracy, performance, and compliance with regulatory requirements.
- Perform back testing and stress testing to assess model robustness under different conditions.
- Manage and mitigate risks through assessment, in support of the control and governance agenda.
Leadership and Accountability:
- Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
- Ensure all colleagues demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship.
- Ensure all colleagues demonstrate the Barclays Mindset – to Empower, Challenge, and Drive.
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