Barclays Stress Testing Senior Manager

Posted 1 day 13 hours ago by Barclays

Permanent
Not Specified
I.T. & Communications Jobs
Glasgow, United Kingdom
Job Description

As a Barclays Stress Testing Senior Manager, you will be involved with leading a range of tasks primarily focused on Stress Testing, including scenario and sensitivity analysis. Your role will support the team's wider deliverables, including transformation programmes and other Barclays Europe (BE) initiatives. You will provide accurate and insightful input to aid decision-making and support BE in meeting its financial commitments and regulatory engagements.

Key Accountabilities:

  • Lead delivery of key stress testing exercises for BE and Group stakeholders, including EBA, ECB, and internal stress tests.
  • Ensure a strong control environment and drive continuous improvements in processes and reporting.
  • Identify, escalate, and resolve control or delivery issues across BE and Group teams.
  • Act as subject matter expert on macroeconomic, climate, and nature-related risks in stress testing.
  • Contribute to scenario modelling, financial analysis, and presentation of BE's performance.
  • Produce ad hoc management information and sensitivity analyses to support business needs.
  • Support projects within the wider Stress Testing programme, including transformation initiatives.
  • Maintain and operate robust systems and datasets aligned with control standards.

To be considered, you should have experience in stress testing or financial planning, with a solid understanding of finance and investment banking. Strong analytical and problem-solving skills, the ability to manage workload effectively, and experience analyzing P&L and balance sheet data are essential. Clear communication of complex issues to senior stakeholders is required. A professional accountancy qualification (ACA, CIMA, ACCA) or equivalent experience is preferred.

You may be assessed on key skills such as risk and controls, change management, business acumen, strategic thinking, digital skills, and technical expertise.

Purpose of the role:

Develop and implement the bank's financial plans and stress testing methodologies to assess resilience under various economic scenarios.

Accountabilities:

  • Develop and implement stress testing methodologies, analyze results to identify vulnerabilities, assess capital adequacy, and inform risk mitigation strategies.
  • Manage the bank's financial risks, develop risk management strategies, and communicate risks to stakeholders.
  • Analyze the bank's capital position, assess regulatory compliance, and develop strategies to optimize capital use.
  • Manage process cycles for Planning and Stress Testing, including project delivery.
  • Document regulatory requirements, track processes, and report progress to governance bodies.
  • Manage data quality and flows from contributors to report submission.
  • Oversee BAU systems to enable quick and iterative planning and stress testing.
  • Ensure controls and standards are met in collaboration with BIA.
  • Provide governance support, including regulatory liaison and engagement with senior groups.

Vice President Expectations:

  • Contribute to strategy, requirements, and policy development; manage resources and budgets; ensure continuous improvement.
  • If managing a team, define roles, plan for future needs, and lead performance and development discussions.
  • Demonstrate leadership behaviors: Listen, Energize, Align, and Develop others.
  • For individual contributors, serve as a subject matter expert, guide technical direction, and mentor less experienced staff.
  • Advise stakeholders on impact and alignment of activities.
  • Manage risks and ensure strong controls and governance.
  • Demonstrate comprehensive understanding of organizational functions and collaborate across areas.
  • Develop solutions through sophisticated analysis and research.
  • Build and maintain relationships with stakeholders using influencing skills.

All colleagues are expected to embody Barclays Values-Respect, Integrity, Service, Excellence, and Stewardship-and the Barclays Mindset-Empower, Challenge, and Drive.