VP US Stress Testing

As a Barclays Stress Testing Credit Risk - VP, you'll carry out Global Market Shock (GMS) Credit Risk Stress Testing for the Investment Bank Trading Book, under Internal and Federal Reserve Bank Stress Tests. Working in line with our Enterprise Risk Management Framework (EMRF), you'll play a key role in protecting Barclays and our customers, colleagues and stakeholders.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

What will you be doing?

• Running models and processes to calculate stressed losses, partnering with a range of Counterparty and Wholesale credit risk portfolios
• Assisting in quarterly stress testing and regulatory 14Q reporting for counterparty transactions
• Understanding and acting on stress testing results, identifying loss drivers and provide commentary for period-on-period changes
• Working together with IT, Risk Information Services and line Risk Managers to make sure that stress loss reporting and processes are well developed, controlled and executed
• Supporting senior management, the IHC Board and external regulators through the delivery of presentation materials
• Considering Regulatory reporting requirements, and making sure our reports and capabilities are aligned to these
• Collaborating with Change and IT Teams to define user requirements, performing UAT testing of new capabilities and assisting in process control design
• Managing the weekly stress loss benchmarking process used in IHC CRO limit monitoring

What we're looking for:

• Bachelor's degree or equivalent in Finance, Engineering, or related quantitative field
• 5+ years of experience performing credit risk stress testing, credit risk reporting or a related role

Skills that will help you in the role:

• 5+ years of experience performing Credit Risk Stress Testing, including stress calculation and portfolio analysis, and stress framework design
• 5+ years of experience analysing historical trends, trading profile, and risk concentrations for stress testing
• 5+ years of experience designing and implementing production processes, such as writing technical documentation and defining controls
• 5+ years of experience developing and implementing process improvements to simplify and speed up tasks that are repeated on a regular basis

Where will you be working?

At Barclays, we are proud to be redefining the future of finance and here at Whippany we are defining the future of the workplace and the future of the way we work and live. We are creating a unique community, one of four strategic tech-enabled hubs that will redefine opportunity for everyone who works here. Whatever you do at Whippany, you'll have every chance to build a world-class career in this world-class environment.