VP Country Risk

Job Title:VP Country 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:

o    Member of the ‘Risk - Centre of excellence’ in Mumbai, leading the Country Risk team.
o    Lead and independently run the overall Country risk framework working closely with all the risk pillars across Credit, Counterparty Credit, Market risk and Treasury. 
o    Drive, engage and deliver strategic, individual and operational business objectives/targets. Create an empowering environment for people, encouraging individual ownership and initiative.
o    Ensure target achievement adhering to Service Level Agreements
o    Collaborate and influence Senior Management and other Risk colleagues to ensure effective risk management 
o    Create a control exemplary process and drive improvements and innovation. 
o    Coordinate with CoREs and other Risk colleagues as necessary with respect to providing relevant information related to Country Risk.
o    Communicate and Coordinate with IVU related to model risk management. Ensure effective controls are applied for all parameters.

What will you be doing?

o    Complete ownership Manage setting and monitoring of the Country Risk (Across Credit Treasury and Market Risk) – a key measure of risk; the bank is willing to accept in its pursuit of business objectives.
o    Motivate and lead a team 
o    Review and manage the Country Risk model which includes but are not limited to Model reviews, front facing IVU reviews, model validation, driving remediation and strategic solutions.
o    Supervise and guide the teams to run the country stress expected loss limits and breaches with analysis and monitoring of various underlying factors.
o    Oversees and drives key governance and monitoring of countries with elevated risk through various frameworks and forum submissions.
o    Identify internal and external risks to the portfolio and assess the impact of various events (e.g. country, market events) on the portfolio.
o    Drive various key initiatives related to technology, methodology and reporting for Country risk framework

What we’re looking for:

o    Strong track record in risk management with a leading Corporate and/or Investment Bank (10yrs+). 
o    Experience with leadership/managerial skills in a dynamic environment.
o    Strong verbal & written communications and presentation skills. 
o    Staff Management including – Performance Management (Mid-year & Full year Objective setting and appraisal and promotion processes)
o    Strong understanding of Credit and Market Risk management and various products in Banking book, Trading book and various Risk measurement and metrics.
o    Highly analytical mind with attention to detail.
o    Strong organisational and multitasking ability
MBA qualification with CFA, FRM or equivalent

Skills that will help you in the role:

Good commercial experience working within Credit, preferably in an international banking environment.

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.