Analyst – Models Centre of Excellence

Job Overview

Location
Chennai, Tamil Nadu
Job Type
Full Time
Date Posted
9 months ago

Additional Details

Job ID
21776
Job Views
301

Job Description

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:

The Models CoE framework provides model execution and results analysis capabilities for stress testing. Significant effort will be required to conduct the stress test and comply with requirements around the following:
•    Model execution of assigned group wide stress testing models (including Climate reporting, CCAR, ACS, EBA)
•    Estimates of projected revenues, losses, reserves and balance sheet
•    Supporting documentation for results analyses 
•    Participate in Internal Audit review
•    Interaction on model validation and model risk governance
•    Creating effective challenge framework

What will you be doing?

•    Work on deliverables across numerous teams (e.g. Quantitative Analytics, Front Office, Risk, Treasury, etc) and work streams (e.g. model development, documentation, results governance, etc) ensuring timelines are met.
•    Assist in the projection model development process and participate in the discussions/assessment of model methodology and documentation, including engagement with senior stakeholders.
•    Model execution ownership and re-development across a broad range of revenue and Balance Sheet models.
•    Work closely with the business, CFO BP, Product Control and the modelling team to develop, assess, and challenge the assumptions and approach used in forecasting.
•    Ability to interpret regulatory guidance in order to build models that will be used by the organization to drive stress testing deliverables.
•    During execution of the models, coordinate the data aggregation within various infrastructure areas within the bank (i.e. Front Office, Regulatory Control, Product Control, Risk, and Treasury) to complete the forecasting analysis and reviews as well as the cross function hand-offs.
•    Assist in the development of a stress testing data quality process and monitoring framework 
•    Develop robust internal controls including policies and procedures; change control; comprehensive documentation; model validation; and review by IA 
•    Role requires significant analytical and technical skills and evaluative judgement in order determine appropriate model methodologies but also to determine the right balance between model sophistication and practical application/understanding by stakeholders.
•    Leverage knowledge of financial statement analysis and technical framework to make sound decisions regarding forecasting/overlays, governance, controls, and model framework. 

What we’re looking for:

•    Bachelor of Science/Business Administration degree in Economics, Finance or Accounting
•    0-2 years of relevant experience

Skills that will help you in the role:

•    Strong written and verbal communication skills 
•    Sound understanding of financial statement analysis
•    Experience in building and maintenance of financial models on MS Excel, and the ability to crunch numbers from large datasets and produce actionable insights/analytics
•    Robust analytical and problem solving skills
•    Ability to work with multiple teams to drive business outcomes
•    Knowledge of investment banking products and markets
•    Basic understanding of Greenhouse Gas (GHG) emissions, and sourcing and bottom up aggregation of financed emissions across a portfolio of companies
•    Prior experience in developing / execution of stress testing models (especially balance sheet and/or income statement) in the banking industry
•    Understanding of key model risk management principles prescribed by global regulators
•    Hands-on experience in using tools such as Python, Alteryx, Tableau, Qlikview

Where will you be working?
Chennai


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.

Qualification

Bachelor of Science/ Business Administration degree in Economics, Finance or Accounting.

Experience Requirements

Freshers, Experienced

Location

Similar Jobs

Shure Incorporated

Quality Engineering

Full Time

Ericsson

Strategy Analyst

Full Time
Full Time
Full Time

Cookies

This website uses cookies to ensure you get the best experience on our website. Cookie Policy

Accept