Job Description:
Job information
Counterparty Risk Manager (VP) from the Company
Barclays, this latest
Counterparty Risk Manager (VP) job vacancy is located in the city
Glasgow G located in the country
United Kingdom . This latest job opening is open to job seekers who have the latest education / graduate
GCSE . Job Vacancies in this
Counterparty field have been opened and published up to the specified time.
Job Responsibility:
Join us as a Counterparty Credit Risk - Vice President at Barclays, which is an exciting and unique opportunity within the Counterparty Credit Risk function, supporting both Counterparty Risk Models Group (RMG) and Counterparty Risk Management (CRM). The role holder will develop knowledge and expertise across Counterpart Credit Risk and the role will include model ownership, throughout the model lifecycle, and counterparty risk management activities, such as live risking of derivative and securities financing transactions, across asset classes.
Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time
Purpose of the role
To assess, monitor, and manage the potential for financial loss due to the default of a bank's trading partners
Accountabilities
- Monitoring the bank's exposure to each counterparty across different product lines and asset classes.
- Analysis of the financial condition and creditworthiness of the bank's counterparties, including corporations, financial institutions, and sovereign entities.
- Development and implementation of credit scoring models to quantify counterparty risk.
- Conducting stress testing to assess the impact of potential counterparty defaults on the bank's capital and liquidity.
- Negotiation and management of collateral agreements with counterparties to mitigate potential losses in case of default.
Vice President Expectations
- 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 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.
Keywords : Glasgow jobs
Closed Date : 2025-02-19