Job Description

Purpose of the role

To design, build, produce, and analyse regular model monitoring reports to assess if the models remain fit for their intended use.

Accountabilities

• Monitoring of models in line with the MRM Model Risk Policy and associated Standards.
• Stakeholder engagement (Model Owners, Model Developers, Technology, MRM, and others) for design, data specifications, build and implementation of model monitoring reports.
• Documentation and review of the model monitoring results, conclusions, and recommendations with the Model Owners (or delegates), and track the actions stemming from model monitoring.
• Adherence to internal and external governance and controls requirements in the E2E model monitoring process and execution.
• Provision of need based deep dive and adhoc analysis to the Model Owners to support internal and external requirements.
• Management reporting, oversight, and escalations.

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• 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 develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies / procedure 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 in relation 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 organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements 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 will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

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.

Embark on a transformative journey as an Assistant Manager - GCDA Model Monitoring at Barclays where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences.

You may be assessed on key critical skills relevant for success in role such as:

• Working knowledge of model lifecycle, model risk and model monitoring.

• Hands-on experience on technologies such as SAS, SQL, Python, Gitlab, JIRA, Confluence, etc.

• Monitoring of models in line with the MRM Model Risk Policy and associated Standards.

• Documentation and review of the model monitoring results, conclusions, and recommendations with the Model Owners (or delegates), and track the actions stemming from model monitoring.

Other Desirable Skillsets:

• Knowledge of Machine Learning algorithms and Fraud Risk domain.

• DevOps tools Team city, Jenkins etc.

• Stakeholder engagement (Model Owners, Model Developers, Technology, MRM, and others) for design, data specifications, build and implementation of model monitoring reports.

• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.

Purpose of the role

To design, build, produce, and analyse regular model monitoring reports to assess if the models remain fit for their intended use.

Accountabilities

• Monitoring of models in line with the MRM Model Risk Policy and associated Standards.

• Documentation and review of the model monitoring results, conclusions, and recommendations with the Model Owners (or delegates), and track the actions stemming from model monitoring.

• Adherence to internal and external governance and controls requirements in the E2E model monitoring process and execution.

• Provision of need based deep dive and adhoc analysis to the Model Owners to support internal and external requirements.

• Management reporting, oversight, and escalations.

Assistant Manager Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.

• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.

• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.

• Take ownership for managing risk and strengthening controls in relation to the work done.

• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.

• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.

• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.

• Influence or convince stakeholders to achieve outcomes.

You may be assessed on key essential skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

This role is based out of Noida.