Counterparty Credit Risk Business Analyst

Join us in a team of 10 Business Analysts to contribute to the evolution of Barclays' in-house credit risk system for calculating exposure to counterparties for all products traded by the investment bank. Gain an understanding of traded products, Monte-Carlo simulation, collateral, and netting to forecast future exposure to clients. Our book of work covers regulatory changes, process and model refinements, and onboarding of new products; we work with our business stakeholders, developers, and architects to specify, document, and test changes.

Requirements for Success as a Risk Business Analyst

To be successful as a Risk Business Analyst, you should have:

• Previous experience as a Business Analyst
• Ability to write SQL / understand database schemas
• Exposure to investment banking

Valued Skills

Some other highly valued skills may include:

• Knowledge of FX, Rates, or Equities products
• Collateral/Netting experience
• Exposure to some form of Investment Bank risk – EOD risk, Market Risk, Credit Risk

You may be assessed on the key critical skills relevant for success in the 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 support the organization to achieve its strategic objectives by identifying business requirements and solutions that address business problems and opportunities.

Accountabilities

• Identification and analysis of business problems and client requirements that require change within the organization.
• Development of business requirements that will address business problems and opportunities.
• Collaboration with stakeholders to ensure proposed solutions meet their needs and expectations.
• Support the creation of business cases that justify investment in proposed solutions.
• Conduct feasibility studies to determine the viability of proposed solutions.
• Support the creation of reports on project progress to ensure proposed solutions are delivered on time and within budget.
• Creation of operational design and process design to ensure proposed solutions are delivered within the agreed scope.
• Support change management activities, including the development of a traceability matrix to ensure proposed solutions are successfully implemented and embedded in the organization.

Analyst Expectations

• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Take responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies/procedures appropriately.
• Take responsibility for embedding new policies/procedures adopted due to risk mitigation.
• Advise and influence decision-making within own area of expertise.
• Take ownership for managing risk and strengthening controls related to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation, and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organization's products, services, and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organizational sub-function.
• Make evaluative judgments based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and guidance by precedents.
• Guide and persuade team members and communicate complex/sensitive information.
• Act as a contact point for stakeholders outside of the immediate function, while building a network of contacts outside the team and external to the organization.

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.