Director, WCR Model Ownership and Control (IRB and Stress Testing) ⭐ Featured
As a Director in the Wholesale Credit Risk Model Ownership and Control team at Barclays, you will serve as the Model Control Officer responsible for the management and oversight of Model Risk across BI Risk and TECR. You will run model governance forums and act as the principal liaison with Model Risk Management to ensure Model Risk Policy and associated standards are effectively implemented and operating.
You will coordinate regular returns such as model inventories and Key Performance Indicator reporting, manage escalations, and lead regulatory-related change initiatives including adoption of new PRA SS1/23 models governance requirements. The role also involves acting as a local People Leader in India for all locally employed colleagues across the Wholesale Credit Risk Model Ownership and Control area, actively engaging on IRB and Stress Testing related workstreams.
You will develop and maintain close working relationships with key stakeholders across wholesale credit risk businesses including Credit Risk teams, Quantitative Analytics, and Technology. Keeping abreast of regulatory developments and leading initiatives impacting wholesale credit risk models and the wider rating system is essential. Strong leadership capabilities are required as you will line-manage team members, set objectives, coach direct reports, and support the learning and development of the wider team. The ideal candidate should have a quantitative academic or professional background with directly relevant experience in developing, managing, or governing models in a wholesale credit context.