AVP CCAR Model Risk Audit AVP CCAR Model Risk Audit …

in Manhattan, NY, United States
Permanent, Full time
Last application, 16 Jan 20
in Manhattan, NY, United States
Permanent, Full time
Last application, 16 Jan 20
BIA Overview: BIA aims to provide independent, reliable, valued, insightful and timely assurance to the Board and executive management over the effectiveness of governance, risk management and control over current and evolving risks, in the context of the current and expected business environment and in accordance with the international standards definition of internal auditing.

AVP - US Risk, Liquidity Risk Management and Model Audit
745 7th Avenue, New York, NY

What will you be doing?
Work collaboratively with others in the BIA model risk team to support the delivery of model risk audits/assignments to a high standard in line with audit methodology and to support delivery of the BIA Audit Plan. The responsibilities will include audits of the necessary frameworks, policies, standards; and of the conceptual soundness of models, their documentation, validation, performance and fitness for use.

•Collaborate and support the Director and VPs to define the appropriate coverage strategy and audit plan for BIA model risk, taking into consideration the Audit Risk Appetite, the current and expected business environment, the regulatory requirements and the resourcing levels within the Function
•Manage audit work to ensure that relevant risks and controls have been identified and appropriately assessed.
•Perform quantitative analysis, review and complete processes and documentation of scoping, risk & control identification, control evaluation and observations in BIA audit toolkit.

What we're looking for:

  • 4+ years of combined quantitative undergraduate and/or postgraduate degree
  • 2+ year experience in model development/validation role either in financial institutions or as a consultant, with technical knowledge of risk modeling techniques (credit, treasury, trading), and strong understanding of end-to-end model lifecycle.
  • 2+ years of experience and practical understanding of relevant regulatory environment including SR 11-7, CLAR, LCR, NSFR, or European equivalent requirements.

Skills that will help you in the role:

  • Proven track record of high performance in previous roles
  • Knowledge about new and emerging financial products and services
  • Strong Risk and Control understanding
  • Project management experience and ability to conduct complex work under pressure
  • Experience in leading others in large project / initiatives / audit assignments
  • Display willingness and initiative to learn and share knowledge

Where will you be working?
Barclays' U.S. headquarters is located at 745 Seventh Avenue in New York, NY. At Barclays, we offer you an engaging and challenging environment, giving you the opportunity to make the most of your unique set of skills. We also have an extensive range of learning and development initiatives designed to support you both personally and professionally.

Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.

Our Values
Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. Our values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.

Our Diversity
We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

Our Benefits
Our customers are unique. The same goes for our colleagues. That's why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances. These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be. We are proud of our dynamic working options for colleagues. If you have a need for flexibility, then please discuss this with us.