Job Description
The role involves verifying the accuracy, reliability, and soundness of the bank's analytical models by independently validating and assuring the quality of models.
Accountabilities
- Development and implementation of validation plans for new and existing models.
- Preparation of model documentation that clearly explains the model's methodology, assumptions, limitations, and risks.
- Development and implementation of ongoing monitoring frameworks to ensure continued model accuracy and effectiveness, ensuring appropriate controls and governance are in place.
- Analysis and assessment of the model's accuracy, performance, and compliance with regulatory requirements.
- Performing back testing and stress testing to assess model robustness under different conditions.
Director Expectations
- Provide expert advice to senior functional management and committees to influence decisions made outside of own function, offering significant input to function-wide strategic initiatives.
- Manage, coordinate and enable resourcing, budgeting, and policy creation for a significant sub-function.
- Escalate breaches of policies/procedure appropriately.
- Foster and guide compliance, ensuring regulations are observed that relevant processes are in place to facilitate adherence.
- Focus on the external environment, regulators, or advocacy groups to both monitor and influence on behalf of Barclays, when appropriate.
- Demonstrate extensive knowledge of how the function integrates with the business division/Group to achieve the overall business objectives.
- Maintain broad and comprehensive knowledge of industry theories and practices within own discipline alongside up-to-date relevant sector/functional knowledge, and insight into external market developments/initiatives.
- Use interpretative thinking and advanced analytical skills to solve problems and design solutions in often complex/sensitive situations.
- Exercise management authority to make significant decisions and certain strategic decisions or recommendations within own area.
- Negotiate with and influence stakeholders at a senior level both internally and externally.
- Act as principal contact point for key clients and counterparts in other functions/business divisions.
- Mandated as a spokesperson for the function and business division.
Leadership Behaviours
All Senior Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are:
- L – Listen and be authentic
- E – Energise and inspire
- A – Align across the enterprise
- D – Develop others
Barclays Values and Mindset
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.