Risk Reporting Specialist - AVP

What will you be doing?

Barclays Services Corp. seeks Risk Reporting Specialist - AVP in Whippany, NJ (multiple positions available):

• Responsible for the timely and accurate reporting of credit risk and implementation of relevant risk matrix such as Market to Market (MTM), Effective Expected Positive Exposure (EEPE) and Potential Future Exposure (PFE).

• Responsible for credit reporting, excess management and validation of credit exposure.

• Support the development and implementation of next generation MTM, EEPE and PFE business solutions, covering Securities Financing, Derivatives and Fixed Income products for the trading desk.

• Participate in data clean up, analysis issues and resolution of data integrity/upstream booking that lead to inaccurate RWAs being reported.

• Assist with the reporting and analysis of Basel III Risk Weighted Assets (BIII RWAs) for the Trading Book.

• Ensure that limits are correctly setup to capture risk, and that risk calculations are thoroughly documented and understood.

• Identify, action and resolve technical issues associated with breaches of limits.

• Act as a liaison between the Front Office and Credit Officers for any credit inquiries.

• Participate in the definition of risk policies and ensure that the agreed policies are properly implemented.

• Contribute to the development of Credit Risk Reporting’s management practices, enabling the successful delivery of reporting accurate exposures.

• Automate reporting needs for the region ensuring global consistency in the reporting process.

• Produce, review and validate report data and research any significant changes to ensure data accuracy.

• May telecommute pursuant to company policies. [Hybrid role]

Salary / Rate Minimum/yr: $152,250 per year

Salary / Rate Maximum/yr: $160,000 per year

The minimum and maximum salary/rate information above includes only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

Barclays employees are eligible for a suite of a competitive and generous employee benefits, including medical, dental and vision coverage, 401(k), life insurance, and other paid leave for qualifying circumstances.

This position is eligible for an incentive award.

To gather, analyse, and present risk data in a clear and concise manner to stakeholders across the organisation, facilitating informed decision-making, risk mitigation, and regulatory compliance.

• Development and maintenance of a variety of risk reports, including credit, market, operational, and liquidity risk reports, and regulatory reports.
• Extraction of risk data from various sources, including internal systems, risk models, and external market data feeds.
• Analysis of risk data to identify trends, patterns, and outliers, and assess the impact of risk exposures.
• Monitoring key risk indicators and metrics to identify emerging risks and track the effectiveness of risk mitigation strategies.
• Development and implementation of risk reporting improvements and automation initiatives.

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will…