Hiring for VP-CALM-ICAAP

Job Description

Job Title : VP-CALM-ICAAP Location : ChennaiAbout 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 Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.Dynamic Working Our dynamic working programme has been set up to help Barclays colleagues achieve an optimal work/life balance. Arrangements we offer range from working at home and changing regular hours to taking career breaks. Our Dynamic Working initiatives support colleagues at all stages of their lives, helping them with parenthood, caring, further studies and hobbies Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives. If you have a need for flexibility, then please discuss this with the Hiring Manager.The purpose of the Group Internal Capital Adequacy Assessment Process (ICAAP) is to identify and quantify the risks the firm is exposed to, and assess whether Barclays and the legal entities hold adequate capital to support these risks. The ICAAP is inherently complex and technical in nature but it must be usable and accessible by the Board and embedded in the planning and risk management processes of the firm. A high quality ICAAP is essential for clear communication of Barclays internal capital assessment and risk management processes to the Board and the regulator. It is subject to Board approval prior to submission to the regulator. The ICAAP CoE team is responsible for driving the process to assess capital adequacy and providing high quality ICAAP documents to the Board and regulators. The role holder will have ownership and communication of detailed requirements and instructions related to Economic Capital (EC) / Pillar 2A risk assessments for the ICAAP. Provision of expert technical advice to EC model owners to ensure that the delivery of fit-for purpose risk assessments for the Group and Legal Entities (LE s) ICAAPs.What will you be doing Ownership and communication of detailed requirements and instructions for EC / Pillar 2A risk assessments for the ICAAP, to EC model owners across Group and LE s and functions. Accountable for providing technical guidance and advisory to Group, Legal Entities and economic capital model owners, so they deliver fit for purpose risk assessments. Guidance will need to cover modelling requirements, methodology and ensuring all regulatory requirements are adhered to. Review EC /Pillar 2A calculations and write-ups from model owners to ensure quality and content assurance for the Board and regulator. Lead delivery of content and agenda for the EC Capital Models Working Group. This includes methodology changes to EC models, model validation status, EC/Pillar 2A results and capital adequacy assessment. Establish aggregation processes across the Group to allow timely reporting of EC. Ensure high level of senior management and understanding in the process of EC capital assessment Accountable for writing central sections of the Group and LE ICAAP related to Economic Capital and/or Total Capital Adequacy. Implement processes between model owners and the ICAAP team to track the status of EC models from development to validation. Lead the dialogue with IVU and Model Owners in order to maintain adherence to the Large Model framework requirements in respect to Pillar 2A/Economic capital models. Keep track and disseminate new or changes to Pillar 2 regulation and of the self-assessment process against relevant Pillar 2 regulation.What we re looking for:Economic capital expert with deep knowledge of methodologies across multiple risk types. Expert level of understanding of Pillar 2 regulation; Strong analytical ability with an eye for the detail but without losing sight of the big picture. Superior written and verbal communication for Board members and the regulator. Strong planning and organisational skills. Strong stakeholder management skills with the ability to prioritise tasks and manage conflicting deadlines. Strategic thinking with ability to drive execution. Resilient and self-starter. Prior experience in Treasury, Finance or Risk with background in Banking, Consulting, Audit or in a Financial Services Supervisor/Regulator. Considerable experience in developing, validating economic capital models. Collaborative and team player.Skills that will help you in the role:Expert Excel skills; Good understanding of capital management; Experience using W-Desk tool.Where will you be working ChennaiBe 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.Our Values Purpose and Values 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 everyones 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 Diversity We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals.Our Benefits Our customers are unique. The same goes for our colleagues. Thats why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances. These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be. We are proud of our dynamic working options for colleagues. If you have a need for flexibility, then please discuss this with us.,

Keyskills :
creative solutions accounting softwarerisk management frameworkrisk managementconsumer bankingmodel validationequipment supplyeconomic capitalcapital adequacysenior management