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Quantitative Analytics Manager, Retail Credit

Glasgow, United Kingdom
Closing date
Feb 9, 2023

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Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
As a Barclays Quantitative Analytics Manager in Retail Credit, you will develop and deploy credit risk models including capital, impairment, credit decision, and stress testing for core Barclays UK products such as cards, unsecured loans, current accounts, mortgages and business banking. As part of your role, you will provide subject-matter expertise and oversight in developing and delivering models for Barclays UK portfolio. You will also manage a team of analysts that perform complex analyses and development of credit risk scorecards.
Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality, and innovation behind us. We offer careers that provide endless opportunity - helping millions of individuals and businesses thrive and creating financial and digital solutions that the world now takes for granted

Working Flexibly
We're committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognizes and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers' and clients' needs. Whether you have family commitments or you're a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs.

We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We're flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances. Please discuss the detail of the working pattern options for the role with the hiring manager.

What will you be doing?
• Developing best-in-class models, including new models and calibrations of existing models
• Providing expertise on development of regulatory models, including capital and impairments
• Maintaining knowledge of the regulatory guidelines and landscape impacting models
• Ensuring compliance in the development, documentation and implementation of models with respect to internal policies and regulatory guidelines
• Working closely with Model Monitoring team to support smooth tracking of the models after implementation
• Contributing to building, shaping and developing a motivated and talented BUK Credit and Finance model development team
• Working interpedently with cross-functional stakeholders, and driving value by developing innovative modelling and solutions which will result in credit risk management
• Engaging collaboratively with governance committees to demonstrate the outcomes and benefits of modelling and analytical solutions

What we're looking for:
• A university degree or equivalent in statistics, mathematics, operations research or another quantitative discipline; or significant relevant industry experience
• Proven track record of model and analytics delivery
• Understanding and experience in capital and impairment model development
• Full understanding of credit risk processes and strategies

Skills that will help you in the role:
• Master's degree or equivalent in statistics, mathematics, operations research or a related discipline
• Knowledge of and experience with credit decisioning models and forecasting / stress testing models
• Understanding of the Model Execution Framework (MEF)

Where will you be working?
Our new state-of-the-art Campus, right in the heart of Glasgow is a hub of creative collaboration. A place where everyone can bring their true selves to work and reach their full potential. Home to 5,000 of our colleagues, our Tradeston campus will support the community in more ways than one - by creating thousands of new career opportunities and celebrating local artists. A short walk from Central Station on the south of the Clyde, it will be a key location for the Barclays business that will deepen our ties with the city and its communities

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