Projecting and managing funding requirements in resolution is a key component of the Banks Resolvability Assessment Framework (RAF). FLM is responsible for delivering these Funding in Resolution (FiR) capabilities. The role involves managing the FiR capabilities including the projection model, developing new enhancements, and integration with other firmwide forecasting processes.
Essential skills / basic qualifications:
- Experience in leading a change / regulatory deliverable in a Treasury, Risk or Finance function;
- Experience in driving deliverables via collaboration with a wide range of stakeholders;
- Strong communication and interpersonal skills;
- Advanced level of competency with Microsoft Office (Excel, Word, PowerPoint, Outlook).
Desirable skills / preferred qualifications:
One or more of the below experiences / knowledge base areas would be preferred, though not mandatory:
- Experience in a Regulatory Liquidity Reporting, Treasury or Liquidity Risk Management function;
- Experience with data gathering, storage, analytics and visualisation tools
- Good understanding of Liquidity (Risk) Management;
Purpose of the role
To verify that the bank has sufficient funds to meet its short-term and long-term obligations, and the development and implementation of strategies to manage the bank's liquidity position.
Accountabilities
- Development and implementation of funding and liquidity strategies to efficiently manage the bank’s liquidity position within regulatory requirements and risk appetite at favourable commercial outcomes with respect to funding costs.
- Analysis and quantification of the regulatory and behavioural liquidity risk impact of transactions undertaken by business units.
- Maintenance of strong relationships with key business units and working with the business units to manage liquidity to within constraints.
- Monitoring of key liquidity metrics and trends and advising on actions to be taken to maintain funding and liquidity levels within tolerance.
- Managing intra-group funding arrangements to ensure subsidiaries are adequately funded and managed within balance sheet, large exposure and capital constraints.
- Design and implementation of stress testing methodologies to assess the bank's liquidity resilience under various financial shocks, economic downturns, and sector-specific crises, and analysis of stress testing results and development of mitigation strategies to address potential liquidity shortfalls.
- Development of new tools, models and data analysis to support and enhance the bank’s funding and liquidity management capabilities.
Vice President Expectations
- To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/processes; deliver continuous improvements and escalate breaches of policies/procedures.
- If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long-term goals and ensuring that budgets and schedules meet corporate requirements.
- If the position has leadership responsibilities, People 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.
- OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long-term profits, organisational risks and strategic decisions.
- Advise key stakeholders, including functional leadership teams and senior management on functional and cross-functional areas of impact and alignment.
- Manage and mitigate risks through assessment, in support of the control and governance agenda.
- Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
- Demonstrate a comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
- Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
- Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
- Adopt and include the outcomes of extensive research in problem-solving processes.
- Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills 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.