Treasury Models - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

As a Barclays Treasury Models Senior Manager, you will work as part of our Independent Validation Unit (IVU) and be accountable for IRRBB model validations.

Your role will combine qualitative, quantitative and leadership skills to propose approval decisions,identify key issues and suggest viable remediation actions.

It's an opportunity to communicate your results at different forums and with exposure to senior stakeholders. This is an exciting role in a supportive team.

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.

Working Flexibly
business needs.

Hybrid Working
Please discuss the detail of the working pattern options for the role with the hiring manager.

What will you be doing?:

Appling your detailed knowledge and understanding of internal policies and standards to define and support the assessment of Model risk
Leading validations of models in data quality, assumptions and limitations, model design and conceptual soundness, implementation, performance results, benchmarking etc
Building challenger models (if needed) to assist the validation review and challenge process for all new and existing models
You will conduct underlying work that will require detailed examination of data, documents, and coding knowledge
Producing high quality model validation reports and presentations to satisfy relevant model governance requirements
Reporting with a particular focus on noting limitations, weaknesses, and assumptions, reviewing reports and presentations coming from the team to ensure high level of standard
You will distinguish which issues are material and manage the model risk accordingly
Creating and maintaining the correct information in the Group model database for the set of validated models

What we're looking for:

IRRBB expert with knowledge of large gamut of Banking Book and Treasury products, relevant pricing models and both explicit and implicit embedded risks in them
Experience in model specification, model selection, model testing and/or validation roles
Highly organized in terms of documentation and follow through, excellent writing, reviewing/editing and presentation skills

Skills that will help you in the role:

Experience with behavioral modelling
Knowledge of applicable European and US IRRBB regulation is a plus
Experience of coding using Matlab/R/SQL/C++/Python or equivalent language/software

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 nonewith a real buzz being created around the offices within.

Hybrid
LW2020