VP - Private Bank & Wealth Management
As a VP in Private Bank & Wealth Management Risk Measurement at Barclays, you will operate within the second line risk function, providing oversight of the regulatory capital position, forecasting, stress testing, and quantitative analysis to deliver insight into portfolio performance. You will ensure risk appetite is appropriately allocated to business and products in line with control environment status and risk/reward profiles, and provide oversight and adequacy analysis for expected losses arising from borrower defaults. Key responsibilities include providing second line oversight through detailed risk measurement including impairment and capital oversight, conducting portfolio analytics to understand risk profiles, and communicating findings to risk committees and stakeholders. You will perform forecasting and stress testing for both internal and regulatory exercises. The role involves calculating RWAs and regulatory capital, developing and calibrating credit risk models for probability of default and loss given default, and utilizing quantitative models and risk forecasting tools to measure and predict potential credit losses. You will analyze credit trends, identify early warning signs, assess economic and market impact on portfolio credit losses, and perform portfolio stress testing exercises. Strong programming skills in SAS or Python are required along with the ability to extract, analyze, and present data independently.
