PBWM Portfolio Risk

Purpose of the role

To manage and optimise the bank's overall credit risk exposure by monitoring, analysing, and reporting on the creditworthiness of its lending portfolio.

Accountabilities

• Monitoring the financial performance and risk profile of the entire lending portfolio, including individual borrowers, sectors, and geographic regions.
• Analysis of credit trends, identify early warning signs of potential borrowers' issues, and assess the impact of economic and market developments on the portfolio.
• Development and utilisation of quantitative models and risk forecasting tools to measure and predict potential credit losses.
• Performance of portfolio stress testing exercises to assess the impact of various economic and market scenarios on the portfolio's risk profile.
• Definition and setting of portfolio, segment and customer risk appetite, policy and limits. Overseeing first line execution within these parameters.

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, 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.

We are seeking a dynamic and skilled Portfolio Risk & Risk Measurement Analyst to join our Private Bank & Wealth Management team. This role operates within the second line risk function, undertaking forecasting/stress testing and quantitative analysis to provide insight into the performance of the portfolio.

The team's responsibilities also include: 

• Ensuring risk appetite is appropriately allocated to business and products in line with the status of their control environment and risk/reward profile.
• SLOD oversight of regulatory capital position.
• Providing oversight and adequacy analysis for expected losses arising from borrowers' defaults.

The successful candidate will support business growth activities through development and utilisation of quantitative Stress Loss/RWA forecasting tools as well as monitoring, analysing and providing insight into portfolio creditworthiness/concentration risks. They will also support the setting of portfolio and segment level risk appetite. If you are a detail-oriented professional with a strong background in data analysis and risk measurement, we encourage you to apply and join our team.

Some key responsibilities you will have as a Portfolio Risk & Risk Measurement Analyst are:

• Forecasting/stress testing (both internal and regulatory exercises)
• Provide second line oversight through detailed risk measurement, including impairment and capital oversight.
• Conduct portfolio analytics to ensure profile is understood and risk appetite is appropriately set.
• Communicate findings and insights to risk committees and stakeholders.

To be successful as a Portfolio Risk & Risk Measurement Analyst, you should have experience with:

• Strong forecasting/quantitative analysis capabilities.
• Proficiency in programming languages such as SAS or Python.
• Ability to extract, analyse, and present data independently.
• Excellent stakeholder management and communication skills.

Some other highly valued skills include

• Understanding of credit risk.
• Understanding of control frameworks and governance practices.

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: London