Group Stress Testing
Group Stress Testing (Office, Analytics & Insight)
Contract length: 6 Months
Department: Stress Test Office
Job type: Contract
Hours: 35 per week (Monday to Friday)
About Group Stress Testing (Office, Analytics & Insight):
The Group Stress Testing Office owns the stress testing governance framework and operating model for group wide capital stress tests. It manages the primary oversight committee for Stress Testing at Barclays, Stress Test SteerCo – manages the agenda, moderates presentation content, ensures appropriate governance is discharged for all stress testing related matters. Owns key stress testing material for presentation to internal and external stakeholders, including CFO, CRO, Board, Board Risk Committee and regulators. Provides commercial analytics and insight, review and challenge stress test results. Owns the development of capability for Climate Stress Testing, and represents Stress testing outcomes in the ICAAP and other regulatory and/or external returns. Drafts and updates content for Stress Testing Frameworks, Operating Models, Policies, Standards and Instructions. Ensures appropriate framework for stress test results review and challenge is in place and owns the qualitative self-assessment of stress testing capabilities against the BCBS Principles of Stress Testing
Overall purpose of role
Understanding of PRA templates for Annual Cyclical Scenario and mapping with internal accounting /data/systems. Running of working groups that pertain to Credit Risk, Capital and RWAs, consolidated P&l. Prepare materials for consumption by regulator as well as MI for senior management and board including manipulation and understanding of large amount of data with capacity to analyse, summarise, charts, etc.
Understanding of both base and stress datasets and its link to the system (including data lineage)
Provide guidance, and influence stakeholders through excellent communication of information, presentation and recommendation of appropriate solutions.
Review the RWA, Credit Risk and P&L inputs to the Group Stress Tests.
Provide comprehensive support for conceptualising & creation of management review packs for presentation to senior management.
Advanced Microsoft Excel and PowerPoint skills to conduct analysis and synthesize it into impactful presentations for senior management are critical.
Financial analysis expertise: Ensure ownership & integrity of data being used for management reporting.
Business and data analysis skills: Initiate deeper analysis to support understanding and management of the business results.
Ability to understand and analyse complex problems involving data/system/templates and execute and articulate a solution to deliver a MI report for senior management and/or return for regulators
Strong problem solving skills, able to propose innovative solutions to problem statements with demonstration of delivery of quality outputs to tight timeframes
Excellent communication skills, including the ability to storyboard and produce clear and compelling presentations, able to distil key messages from large datasets
Proven ability to work cross-functionally, developing close working relationships with teams in other regions/functions, with excellent people management skills, including the ability to broker
Strong financial management and analysis skills with knowledge of Stress Testing Regulatory submissions (STDF templates, data dictionary and overall guidance).
An understanding of stress testing requirements and planning processes with broad knowledge of all banking products, business flows and technologies
Barclays is a British universal bank. It is diversified by business, by different types of customers and clients, and by geography. Barclays businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by its service company which provides technology, operations and functional services across the Group.
Everything Barclays does is shaped by its five values of Respect, Integrity, Service, Excellence and Stewardship. The Barclays values inform the foundations of its relationships with customers and clients, but they also shape how Barclays measure and reward the performance of colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.
Barclays aims to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to Barclays vision and goals.
Barclays is currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. Barclays is flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. Barclays also has a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances
As a contract employee of Randstad Sourceright, you’ll receive a wide range of financial and personal benefits. There’s enrolment in a pension plan (after 12 weeks on assignment) and holiday pay. You’ll also get 24/7 access to an Employee Assistance Programme, designed to help you deal with any problems that could be affecting your home or work life. Plus, there’s discounts at heaps of high street shops, restaurants and entertainment - from Asda to Zizzi Italian restaurants.