Saturday , February 4 2023

Barclays Careers – Model Risk Framework

Website Barclays

Job Description:

As Barclays Model Risk Framework Manager, you will be joining a team that is responsible for designing and rolling out Model Risk Frameworks that incorporate supervisory expectations and industry best practices to ensure a sustained best-in-class approach to Model Risk Management. The team is responsible for incorporating feedback from key stakeholders to ensure governance objectives are achieved.


Job Responsibilities:

  • Assisting business areas with answers to framework compliance questions
  • Being an ambassador for the Model Risk Management program, ensuring that the model risk framework is communicated in a simple, clear and concise way throughout the firm
  • Sharing best practices and generic issues with stakeholders and providing training to enable compliance
  • Performing updates and checks on the Model Risk owned Policy, Standards, and Procedures
  • Supporting development and maintenance of training programs
  • Supporting driving a sustained best-in-class model risk management framework that aligns and complies with supervisory expectations
  • Building and maintaining effective two-way relationships with other risk practices to understand 1st line of defense feedback
  • Staying abreast of new supervisory guidance on model risk and conducting gap analysis to identify areas of policy improvement and driving the timeline for remediation

Job Requirements:

  • Knowledge of the Model Risk Group Policy, supporting standards, and regulatory requirements (e.g. SR11-7) applicable to model risk management
  • Provide appropriate challenge and make recommendations where quality or control levels could be improved
  • Bachelor’s degree in a financial or technical field or equivalent experience
  • Experience in developing frameworks and/or translating into standards and procedures
  • Experience in multiple areas of risk including knowledge of banking regulatory environment
  • A provenTrack record of delivery under tight deadlines
  • Produce high quality written communication and presentations including training materials to technical and non-technical audiences of levels of seniority
  • Ability to prioritize work in order to maximize value for the business, ability to deliver quickly and under pressure is essential

Job Details:

Company: Barclays

Vacancy Type:  Full Time

Job Location: New York, NY, US

Application Deadline: N/A

Apply Here