Credit Risk Review Group, Director

Mumbai, India

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Date live: Sep. 26, 2024

Business Area: Risk

Area of Expertise: Risk and Quantitative Analytics

Reference Code: JR-0000007768

Contract: Permanent

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Key accountabilities:

Review and sign off credit analysis performed (and credit judgement exercised) by more junior team members; you will undertake end-to-end (i.e. independently, without junior contributors) reviews of individual exposures / obligors when necessary.
Present analysis & influence senior management and peers with independent and contrasting views.
Lead and own the completion of credit reviews / projects as assigned within the CRRG Annual Plan or on an ad hoc basis.
Support the Head of CRRG in the annual plan development and resource allocation;
Work with the Head of CRRG and co-Directors within the team in writing and updating the credit review baseline methodologies.
Support reviews outside of corporate credit, e.g. FI (Banks, NBFI), counterparty credit risk.
Interface with various Regulators as needed.
Manage the continuous monitoring program with regard to various assigned portfolios.
Manage on-going stakeholder relationships with Risk Sanctioning Units and also Senior Management as necessary.
Produce commentary for presentations going to Senior Management and governance committees, including at Board level.
Lead training of the team with regard to corporate credit and, specifically, leveraged lending, including technical aspects of credit analysis as well as relevant Barclays internal systems and processes.
Contribute to the management of personal development of junior team members, including as a line manager.

Essential skills required:

Minimum 12 years of financial services experience in investment or corporate banking, or the rating agencies;
5+ years experience as a senior credit sanctioner, loan underwriter, credit risk or loan reviewer, or credit audit within a large financial institution;
5+ years experience in people management, project leadership or consulting

Desirable skills/Preferred Qualifications:

Strong in-depth technical expertise in corporate credit analysis;
Strong organizational skills and the ability to manage multiple assignments concurrently;
Professional qualification, undergraduate or graduate degree in finance or a risk related discipline;
Confident communicator, particularly in delivering challenging messages to senior management and colleagues;
Expertise in two or more industry sectors such as Technology / Media / Telecommunications, Industrials, Natural Resources, etc.
Holder of senior-level individual credit approval authority;
Familiarity with the Barclays Corporate and Investment Banking credit processes;
Familiarity with wholesale loan underwriting standards, particularly leverage finance across Barclays;
Familiarity with the syndication market for corporate loans in the US and Europe;
Familiarity with loan and counterparty agreements and documentation;
Familiarity with credit risk and capital models including those used for Default Grade generation, LGDs, EADs and RWAs;
Familiarity with FI (Banks and NBFIs) credit analysis, and Counterparty Credit Risk.
CPA/CA, CFA, FRM, other broadly recognized certifications or a credit training program from a large financial institution.

Purpose of the role

To support the Risk Function in delivering it’s objective of safeguarding the bank's financial and operational stability by proactively identifying, assessing, mitigating, and monitoring risks across various business units and activities.

Accountabilities

Development of strategic direction for risk, including the implementation of up-to-date methodologies and processes.
Management of the risk department, including oversight of risk colleagues and their performance, implementation of risk priorities and objectives, oversight of department efficiency and effectiveness.
Relationship management of risk stakeholders, including identifying relevant stakeholders, and maintenance of the quality of external third-party services.
Adherence to the Risk policy, standards and frameworks, and maintaining a robust control environment.

Director Expectations

Provide expert advice to senior functional management and committees to influence decisions made outside of own function, offering significant input to function wide strategic initiatives.
Manage, coordinate and enable resourcing, budgeting and policy creation for a significant sub-function.
Escalates breaches of policies / procedure appropriately.
Foster and guide compliance, ensure regulations are observed that relevant processes in place to facilitate adherence.
Focus on the external environment, regulators, or advocacy groups to both monitor and influence on behalf of Barclays, when appropriate.
Demonstrate extensive knowledge of how the function integrates with the business division / Group to achieve the overall business objectives.
Maintain broad and comprehensive knowledge of industry theories and practices within own discipline alongside up-to-date relevant sector / functional knowledge, and insight into external market developments / initiatives.
Use interpretative thinking and advanced analytical skills to solve problems and design solutions in often complex/ sensitive situations.
Exercise management authority to make significant decisions and certain strategic decisions or recommendations within own area.
Negotiate with and influence stakeholders at a senior level both internally and externally.
Act as principal contact point for key clients and counterparts in other functions/ businesses divisions.
Mandated as a spokesperson for the function and business division.

All Senior 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.

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.

More about working at Barclays

Barclays has been in Asia Pacific for over 50 years, supporting corporations and financial institutions across the Asia Pacific region and connecting them to the capital markets of UK, Europe and the Americas. For more information click here.

Our approach to hybrid working ensures there’s the right balance of working alongside colleagues at our onsite locations, as required for each role. For business areas that offer a hybrid working experience, this will be in a structured way, where colleagues work at an onsite location on fixed, ‘anchor’, days of the week. Some roles may require full onsite working. Please discuss the working pattern requirements for the role you are applying for with the hiring manager.

We continue to embed and review our hybrid working environment and remain in a phase of testing and learning. This means that working arrangements could change, with reasonable notice, to align with the needs of our business.

Barclays welcomes applications from all candidates and is committed to ensuring reasonable adjustments (accommodations) are put in place to allow for a fair and inclusive recruitment process. For more information and how to request one, please review Adjustments to the recruitment process.

We’re committed to providing an inclusive culture and environment, that 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.

Our approach to working flexibly is designed to support you to balance your life and to accommodate diverse needs, whilst still allowing us to meet our business needs. If you’d like to request a flexible working arrangement, please discuss this with your hiring manager.

We're committed to providing a supportive and simplified experience for our candidates throughout the application and assessment process. Here, you will find information about what to expect and some guidance around your assessment and interview.

While the application process depends on the role, there are some constant steps, which are;

Step 1 - Your application
Step 2 - Your assessment
Step 3 - Your interview
Step 4 - Next steps

We aim to create an inclusive work environment where everyone can reach their full potential. If you require any adjustments to our recruitment process, please click here to learn more.

Find out more information here.

Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.
We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.

The Barclays Way

This is the spirit of Barclays. It’s why we exist, what we believe and how we behave. But most importantly, it’s how we make decisions, take action and get things done.

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