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US Basel IV Regulatory Capital VP

Whippany, NJ

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US Basel IV Regulatory Capital VP

Whippany, NJ

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Date live: Mar. 09, 2024

Business Area: COO & Functions

Area of Expertise: Finance

Reference Code: 00285426

Contract: Permanent

US Basel IV Regulatory Capital VP 
Whippany, NJ

As a Barclays US Basel IV Regulatory Capital Vice President (VP), you will account for the calculation & reporting of the IHC’s RWA, Capital, and Single Counterparty Credit Limits and build out of the Basel IV program. This is an opportunity to work in the Regulatory Capital Team & develop and manage the on-going calculation and reporting of both point in time & CCAR Projected risk weighted assets (RWAs), capital, leverage, and SCCL Large Exposures for Barclays IHC (Intermediate Holding Company) to internal and external stakeholders.

Barclays is one of the world's largest and most respected financial institutions, established in 1690, with a legacy of success, quality, and innovation. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

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.

What will you be doing?

•    Leading new business architecture required to support the Regulatory Capital computation per the Federal Reserve Bank Basel III requirements across the IHC
•    Providing guidance on Regulatory Capital external reporting requirements to the Federal Reserve
•    Maintaining/developing robust internal controls governing Reg Cap including policies and procedures, change control, comprehensive documentation, and review by Internal Audit
•    Being the point of contact for management as well as for communications with external regulators
•    Liaising with individual business lines and other stakeholders on Regulatory Capital Management Information
•    Developing a data governance and attestation framework for Regulatory Capital program and coordinate efforts with other areas feeding into regulatory capital process
•    Engaging with Regulatory Policy and Risk Oversight for development and implementation of calculation methodologies 

What we’re looking for:

•    Bachelor’s degree in economics, Finance or Accounting
•    Solid background in US Bank regulatory/ risk reporting 
•    Extensive experience with Federal Reserve Bank Basel III regulatory Capital requirements, preferably at a Large FBO
•    Prior experience in managing governance and controls framework

Skills that will help you in the role:

•    CPA, CFA, MBA beneficial and background of US GAAP accounting
•    Advanced level of understanding of Excel & PowerPoint
•    Knowledge of Regulatory Capital stress testing requirements for CCAR reporting
•    Exceptional knowledge of products – Derivatives, Secured Financing Transactions, General Credit Products

Where will you be working?

Our next-generation workplace in Whippany allows talented, passionate, down-to-earth colleagues to connect daily. With state-of-the-art work facilities and many added features like pool tables, cafés and a gym – it’s a place you can call home. Our office is minutes away from Morristown, known for its rich history and lively modern spirit. With bustling Manhattan easily accessible and a picturesque landscape here on the doorstep, Whippany really does offer the best of both worlds.

#LI-Hybrid

More about working at Barclays

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.

OWe 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.

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.

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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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Purpose

Working together for a better financial future.

Values

We believe great talent RISES. It acts with Respect, Integrity, Service, Excellence and Stewardship.

Mindset

We discover our full potential through our desire to Empower, Challenge and Drive each other.

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