Liquidity Risk AVP

In this role, you will operate within a structured team environment, led by a Director and organized into multiple sub-teams managed by VPs. As an AVP, you will independently drive forward one or multiple projects, with support from your respective VP as needed. You will own, monitor, and provide expert coverage of designated liquidity risk driver models, and stress scenarios. Additionally, you will independently lead projects aimed at enhancing the firm’s liquidity risk framework, ensuring timely delivery of project outcomes. Your responsibilities will include reviewing and evaluating risk monitoring and measurement techniques, as well as assessing the TCR control landscape to develop and propose new control processes where necessary. You will also play a key role in advising businesses on the liquidity risk of individual transactions, reviewing and challenging new products from a liquidity risk perspective, and approving or rejecting transactions that could expose the firm to liquidity risks beyond its risk appetite.

To be successful as a Liquidity Risk Assistant Vice President, you should have experience with

• Understanding of liquidity risk and risk management.
• Considerable analytical and presentation skills.
• Good interpersonal and communication skills, including stakeholder management.
• Existing product knowledge expertise.

Some other highly valued skills may include

• Previous work experience and knowledge of liquidity risk, balance sheet management, funding and liquidity in either a first- or second-line capacity.
• Previous work experience on stress testing, limits setting and management.
• Considerable quantitative background with excel proficiency.
• You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

Purpose of the Role

To safeguard the bank's financial stability by assessing, managing and mitigating liquidity risk, which revolves around the bank's ability to meet its short-term financial obligations and access funding at reasonable rates in different market conditions.

Accountabilities

• Development and implementation of a comprehensive liquidity risk framework, including metrics, forecasting models, liquidity limits and stress testing scenarios.
• Assessment, review and improvement of the adequacy and appropriateness of Treasury’s strategies to optimise the bank's liquidity position, including managing cash reserves, borrowing facilities, and asset-liability matching.
• Monitoring daily liquidity positions, inflows, outflows, and potential funding gaps and reporting on liquidity risk metrics to senior management and regulators.
• Identification and assessment of potential sources of liquidity risk, such as market volatility, customer withdrawals, and regulatory changes.
• Development and testing of contingency plans to address liquidity shortfalls and market disruptions and Implementation of corrective actions as needed to maintain adequate liquidity levels.

Assistant Vice President Expectations

• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and develop new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organization sub-function.
• Collaborate with other areas of work for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practices (in other areas, teams, companies, etc) to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.