Senior Modelling Analyst

  • Negotiable
  • London, England, United Kingdom
  • Contract, Full time
  • Barclays UK
  • 11 Oct 18

To perform as member of a highly motivated and technically skilled team, dedicated to delivering high quality modelling and analytics solution. To develop models for use in Retail portfolios covering Secured (HF, SME, Wealth) and Unsecured (Loans,Cards,Current Accounts) products.

Overall purpose of role

  • To perform as member of a highly motivated and technically skilled team, dedicated to delivering high quality modelling and analytics solutions
  • To develop models for use in Retail portfolios covering Secured (HF, SME, Wealth) and Unsecured (Loans,Cards,Current Accounts) products. Models developed will be used in the area of acquisitions, capital (CRDIV), impairment/loan loss forecasting under the new impairment calculation framework IFRS9 and for stress testing and planning purposes as well as pricing.
  • Ensure all models are compliance to internal and external requirements
  • Deliver future-state & strategic initiatives aligned to the BUK Risk vision

Key Accountabilities

  • Model Development and Analytics responsibilities across Retail portfolios covering Secured and Unsecured products.
  • Driving recommendations forward through internal governance and with external regulators.
  • Understand regulatory requirements and industry developments
  • Research statistical techniques and industry best practice applied to forecasting models
  • Contribute to build, shape and develop a motivated and talented modelling team, capable of delivering analytics to the highest levels of expectation.
  • Influence change: Working with cross-functional stakeholders, driving value by developing innovative modelling and analytical solutions which improve the credit risk management / mitigation process of BUK, by developing acquisition, capital, impairment and forecasting models for stress testing and planning purposes, further ensuring the implementation and appropriate use of models for Capital and Impairment Purposes as well as for Pricing.
  • Effective engagement and participation in governance committees as appropriate, to demonstrate the outcomes and benefits of modelling and analytical solutions using presentation skills, technical acumen, and knowledge of the wider business environment. Seek approval for new models, enhancements to existing models, and ongoing use of previously approved models.
  • Establish a strong reputation and manage working relationship with key stakeholders.
  • Contribute to and participate in the Risk Academy training curriculum, and provide training for modellers within Risk Analytics and wider (as appropriate) on these topics.
  • Introduce best-in-class cutting edge techniques of modelling / segmentation through innovation.

Stakeholder Management and Leadership

  • Participation with stakeholders across the business in order to understand their issues, objectives and priorities; suggest and discuss potential solutions.
  • Communicate the results of the models developed or other analytics to business owners; to drive business actions based on the results.
  • Manage the trade-off between tactical and strategic to meet customer needs.

Decision-making and Problem Solving

  • Driving increases in value by developing innovative modelling and analytical solutions which improve the credit risk management / mitigation process of BUK, further ensuring the implementation and appropriate use of models for stress testing purposes.
  • Be pro-active in identifying and analysing the value of incremental information sources.

Risk and Control Objective [This section is mandatory for all role profiles and must not be deleted]

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Barclays Operational Risk Framework and internal Barclays Policies and Standards.

Person Specification

Strong experience in aspects of Retail Risk management or finance focusing on risk models, policy and tool development, budgeting, planning or other as appropriate

  • Demonstrable ability to maintain good relationships cross functionally, using strong interpersonal communication skills and an ability to influence and drive forward change.
  • Passionate about data modelling and how this contributes to the business
  • Self-starter, able to work on own initiative, meet timelines and to work under pressure.
  • Flexibility and ability to operate in a fast-paced, changing environment
  • A range of inter-personal skills including determination, and teamwork. Confidence to challenge supportively and effectively where appropriate

Essential Skills/Basic Qualifications:

  • Strong analytical background, data driven, resilient, results orientated. Strong track record of delivery.
  • Strong understanding of retail banks products from marketing and policy perspective.
  • Good communication and influencing skills.
  • Strong knowledge of SAS software and statistical model development methods.

Desirable skills/Preferred Qualifications

  • Experience of developing models
  • Preferred completion of a degree or equivalent in statistics, mathematics, operations research or related area or significant relevant experience
  • Practical experience of using analytics to solve complex business problems.