Counterparty Credit Risk

Recruiter
Barclays
Location
London, United Kingdom
Salary
Competitive
Posted
22 Sep 2022
Closes
02 Oct 2022
Ref
16989072
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
As a Barclays Counterparty Credit Risk Manager, you will be responsible for providing expert analysis and commentary on the bank's wholesale credit and counterparty credit risk profile, showing your ability to work both independently and as part of a team. This is an exciting opportunity for someone who wants to work with our Front Office, Trading and Banking teams to understand the risk on wholesale credit, derivative and financing transactions.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We offer careers that provide endless opportunity - helping millions of individuals and businesses thrive, and creating financial and digital solutions that the world now takes for granted.

We are currently operating in a hybrid working environment, meaning that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. Please discuss the detail of the working pattern options for the role with the hiring manager.

What will you be doing?
• Managing end-to-end process to deliver regulatory and internal stress testing results for Counterparty Risk, including scenario review like computation and challenge of results
• Delivering of Counterparty Risk inputs for ICAAPs, including economic capital, associated internal assessments and explanation of movements
• Enhancing the analysis generated to support the output of economic capital and stress testing results
• Preparing papers required to support BI (Barclays international) and Group governance, including materials for Risk Committees (Business, Group and Board)
• Operating to obtain approval from Internal Validation Unit (IVU) for generated results
• Managing the live risk of derivative and securities financing transactions across products

What we're looking for:
• Bachelor's degree in Finance, Engineering or a Mathematical or Quantitative related field
• Detailed understanding of Counterparty and Wholesale Credit risk models (PFE, RWA, LGD, EAD, EC) and capital calculations
• Broad knowledge of Financial Markets, Wholesale Credit and Derivative Products and excellent analytical skills with a high attention to detail
• Proficient in MS Office and scripting languages such as Python and SQL

Skills that will help you in the role:
• Related professional qualifications (e.g. FRM, CFA, CQF)
• Regulatory knowledge (CRR, PRA, EBA)
• Knowledge of statistical methods used in risk modelling
• Experience in dealing with large and complex data structures and stress testing methodologies

Where will you be working?
In the heart of Canary Wharf, our headquarters at Churchill Place boasts onsite amenities such as; a gym, staff restaurant and deli bar, and is easily accessible by tube and bus links. With a population of around 5000 staff the atmosphere is second to none with a real buzz being created around the offices within.

#LI - Hybrid

#LW2020

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