Barclays - Hanover, NJ

posted 2 months ago

Full-time - Mid Level
Hanover, NJ
Credit Intermediation and Related Activities

About the position

The CRDU Operations Strategy Data Analyst plays a crucial role in developing and implementing the bank's financial plans and stress testing methodologies. This position is responsible for assessing the bank's resilience under various economic scenarios, ensuring that the bank can withstand potential financial shocks. The analyst will focus on the development and implementation of stress testing methodologies, analyzing the results to identify vulnerabilities, assess capital adequacy, and inform risk mitigation strategies. This involves a comprehensive understanding of financial risks and the ability to communicate these risks effectively to relevant stakeholders. In addition to stress testing, the analyst will manage the bank's financial risks by developing and implementing risk management strategies. This includes analyzing the bank's capital position and assessing its ability to meet regulatory capital requirements. The analyst will also be tasked with developing capital management strategies to optimize capital utilization and evaluate the impact of capital allocation decisions on the bank's risk profile and financial performance. The role requires orchestration of process cycles for the Planning and Stress Testing FTC, project managing the delivery of the Planning Process and stress tests. The analyst will document requirements prescribed by the Regulator and track process/data owner progress through various reporting cycles. Management of data, data flows, and data quality from contributors is essential, ensuring that input through to report submission is seamless and accurate. Furthermore, the analyst will manage BAU systems to enable quick outcomes and iterative generation of Capital or Funding plans while driving process reengineering initiatives. Ownership of the control environment and standards is critical, partnering with BIA to ensure that the FTC meets its controls and governance objectives. Ongoing governance support, including regulatory liaison and engagement with the Group & BBUK Board, is also a key responsibility of this role.

Responsibilities

  • Develop and implement stress testing methodologies and analyze results to identify vulnerabilities.
  • Manage the bank's financial risks and develop risk management strategies.
  • Analyze the bank's capital position and assess regulatory capital requirements.
  • Develop capital management strategies to optimize capital utilization.
  • Evaluate the impact of capital allocation decisions on risk profile and financial performance.
  • Orchestrate process cycles for Planning and Stress Testing FTC.
  • Project manage the delivery of the Planning Process and stress tests.
  • Document requirements prescribed by the Regulator and track progress via reporting cycles.
  • Manage data, data flows, and data quality from contributors.
  • Manage BAU systems for quick outcomes and iterative generation of Capital or Funding plans.
  • Drive process reengineering initiatives.
  • Own the control environment and ensure compliance with standards and governance objectives.
  • Provide ongoing governance support including regulatory liaison and board engagement.

Requirements

  • Experience in financial analysis and risk management.
  • Strong understanding of stress testing methodologies and capital adequacy assessment.
  • Ability to communicate complex financial risks to stakeholders.
  • Proficiency in data management and quality assurance processes.
  • Experience in project management and process orchestration.
  • Strong analytical skills with attention to detail.
  • Ability to influence decision-making within the area of expertise.

Nice-to-haves

  • Experience with regulatory compliance and engagement with regulatory bodies.
  • Familiarity with financial planning and analysis tools.
  • Knowledge of the banking sector and its products and services.

Benefits

  • Competitive salary and performance bonuses.
  • Comprehensive health insurance coverage.
  • Retirement savings plan with employer matching contributions.
  • Opportunities for professional development and continued education.
  • Flexible working hours and remote work options.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service