Counterparty Risk and Basel Iv - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

As a Barclays Counterparty Credit Risk and Basel IV Senior Manager you will work both independently and as part of a team to provide expert analysis and commentary on the bank's wholesale credit and counterparty credit risk profile.

This is an excitingopportunity 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 creatingfinancial and digital solutions that the world now takes for granted.

What will you be doing?:

You will take accountability for an agreed set of Basel IV related project deliverables and business outcomes
Managing endtoend process to deliver regulatory and internal stress testing results, including scenario review as well as computation, review and challenge of results
Delivering Counterparty Risk inputs for Internal Capacity Adequacy Assessment Processes, including economic capital, associated internal assessments and explanation of movements
You will conduct live risking of derivative and securities financing transactions across products
Enhancing the analysis generated to assist the output of economic capital and stress testing results
Preparing papers required to assist BI and Group governance, including materials for Risk Committees (Business, Group and Board)
Obtaining approval from Internal Validation Unit (IVU) for generated results

What we're looking for:

Detailed knowledge of Counterparty and Wholesale Credit risk models (PFE, RWA, LGD, EAD, EC) and capital calculations
Detailed knowledge of Financial Markets, Wholesale Credit and Derivative Products and developed analytical skills with a high attention to detail
Experience in dealing with large and complex data structures and stress testing methodologies
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) or equivalent experience
Bachelor's degree in Finance, Engineering or a Mathematical or Quantitative related field or equivalent experience
Regulatory knowledge (CRR, PRA, EBA)
Knowledge of statistical methods used in risk modelling

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 it is easily accessible by tube and bus links.

With a population of around 5000 staff the atmosphere is second to nonewith a real buzz being created around the offices within.