Credit Risk Analyst
Barclays Bank Delaware
What will you bedoing?
·Examineand analyze financial/accounting records/information and create detailedestimates of credit losses for US portfolio and provide summarized findings andinsight to various levels of stakeholders and management to help drive businesskey accountabilities.
·Forecastcredit losses at regular intervals using a variety of software and businessinsight.
·Provideregulatory reporting on International Financial Reporting Standard 9 (IFRS9)Impairment and Generally Accepted Accounting Principles (GAAP) and Allowancefor Loan Loss and Liabilities (ALLL) provisioning.
·Conducttrend and variance analysis and communicate key drivers of performance of IFRS9methodology for calculation of expected credit losses and actual losses oncredit card and loan portfolio assets.
·Executeprocesses and build automation that drives the monthly IFRS9 Impairment andGAAP provisioning reporting and variance analysis.
·Examineand analyze information to document processes, procedures, governance andcontrols around the reporting for IFRS9 and GAAP.
·Driveimplementation of Risk governance and control framework for Impairment and GAAPprovisioning.
·Provideoversight of current Credit Risk state to ensure compliance with Groupguidelines, policies, standards and frameworks and regulatory guidelines.
·Ensureinternal regulatory data integrity and monitor the compliance with internal andexternal regulatory limits and thresholds.
·CoordinateInternal Audit and external regulatory comments and questions.
What we’re lookingfor:
Master’sdegree or foreign equivalent in Accounting, Statistics, Mathematics, or closelyrelated quantitative field and 3 years of experience in the position offered oras a Credit/Data/Financial/Risk Analyst, Regulatory Reporting, or closelyrelated occupation in banking/financial services industry. In the alternative,employer will accept a Bachelor's degree in specified fields and five (5) yearsof progressive, post-bachelor's experience in a position specified above. Anysuitable combination of education, training or experience is acceptable.
Demonstratedexperience must include:
·Determining regulatory reporting requirementsfor financial products and transactions;
·Applying appropriate accounting treatment forU.S. Generally Accepted Accounting Principles (GAAP) and IFRS (InternalFinancial Reporting Standards);
·Performing Credit Loss forecasting for bothIFRS9 and GAAP reporting
·Knowledge of regulatory reporting requirementsand differences between GAAP and regulatory reporting;
·Performing data analysis of big data forcorrectness and accuracy to ensure appropriate controls, checks and balances inthe production of reported data and regulatory filings; and
·Working within internal controls-relatedregulation framework including SOX
Where will you beworking?
Barclays'Wilmington campus includes two beautiful buildings located along the historicWilmington Riverfront. A glance out our windows reveal a scenic look at theChristiana River, along with a growing riverfront community of luxuryapartments, shops, and restaurants. Additionally, the Wilmington train stationis a short walk away making travel from New York and Washington, DC convenient.
Interestedand want to know more about Barclays? Visit home.barclays/who-we-are/ formore details.
Everythingwe do is shaped by the five values of Respect, Integrity, Service, Excellenceand Stewardship. Our values inform the foundations of our relationships withcustomers and clients, but they also shape how we measure and reward theperformance of our colleagues. Simply put, success is not just about what youachieve, but about how you achieve it.
Weaim to foster a culture where individuals of all backgrounds feel confident inbringing their whole selves to work, feel included and their talents arenurtured, empowering them to contribute fully to our vision and goals.
It is the policy of Barclays toensure equal employment opportunity without discrimination or harassment on thebasis of race, color, creed, religion, national origin, alienage or citizenshipstatus, age, sex, sexual orientation, gender identity or expression, marital ordomestic/civil partnership status, disability, veteran status, geneticinformation, or any other basis protected by law.
Dynamic working gives everyone atBarclays the opportunity to integrate professional and personal lives, if youhave a need for flexibility then please discuss this with the hiring manager.
Ourcustomers are unique. The same goes for our colleagues. That's why at Barclays weoffer a range of benefits, allowing every colleague to choose the best optionsfor their personal circumstances. These include a competitive salary andpension, health care and all the tools, technology and support to help youbecome the very best you can be. We are proud of our dynamic working optionsfor colleagues. If you have a need for flexibility then please discuss thiswith us.
This position is eligible for incentives pursuant to Barclays’ EmployeeReferral Program
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