Barclays Recruitment drive 2024: Barclays is hiring Analyst through off campus Placement for Chennai. A student from various disciplines can apply for the Barclays off campus drive 2024. Interested and eligible candidates can read more details below.
Barclays Recruitment 2024:
| Company Name | Barclays |
| Post Name | Analyst |
| Salary | up to ₹7 LPA * |
| Experience | Freshers/Experience |
| Batch | 2024 and before |
| Job Location | Chennai |
| Last date to apply | Apply ASAP |
Risk and Control Objective
Take ownership for managing risk and strengthening controls in relation to the work you do
Working Flexibly
We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs.
Hybrid Working
Structured hybrid role:
At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home. We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.
Introduction:
The Models CoE framework provides model execution and results analysis capabilities for stress testing. Significant effort will be required to conduct the stress test and comply with requirements around the following:
• Model execution of assigned group wide stress testing models (including Climate reporting, CCAR, ACS, EBA)
• Estimates of projected revenues, losses, reserves and balance sheet
• Supporting documentation for results analyses
• Participate in Internal Audit review
• Interaction on model validation and model risk governance
• Creating effective challenge framework
What will you be doing?
• Work on deliverables across numerous teams (e.g. Quantitative Analytics, Front Office, Risk, Treasury, etc) and work streams (e.g. model development, documentation, results governance, etc) ensuring timelines are met.
• Assist in the projection model development process and participate in the discussions/assessment of model methodology and documentation, including engagement with senior stakeholders.
• Model execution ownership and re-development across a broad range of revenue and Balance Sheet models.
• Work closely with the business, CFO BP, Product Control and the modelling team to develop, assess, and challenge the assumptions and approach used in forecasting.
• Ability to interpret regulatory guidance in order to build models that will be used by the organization to drive stress testing deliverables.
• During execution of the models, coordinate the data aggregation within various infrastructure areas within the bank (i.e. Front Office, Regulatory Control, Product Control, Risk, and Treasury) to complete the forecasting analysis and reviews as well as the cross function hand-offs.
• Assist in the development of a stress testing data quality process and monitoring framework
• Develop robust internal controls including policies and procedures; change control; comprehensive documentation; model validation; and review by IA
• Role requires significant analytical and technical skills and evaluative judgement in order determine appropriate model methodologies but also to determine the right balance between model sophistication and practical application/understanding by stakeholders.
• Leverage knowledge of financial statement analysis and technical framework to make sound decisions regarding forecasting/overlays, governance, controls, and model framework.
What we’re looking for:
• Bachelor of Science/Business Administration degree in Economics, Finance or Accounting
• 0-2 years of relevant experience
Skills that will help you in the role:
• Strong written and verbal communication skills
• Sound understanding of financial statement analysis
• Experience in building and maintenance of financial models on MS Excel, and the ability to crunch numbers from large datasets and produce actionable insights/analytics
• Robust analytical and problem solving skills
• Ability to work with multiple teams to drive business outcomes
• Knowledge of investment banking products and markets
• Basic understanding of Greenhouse Gas (GHG) emissions, and sourcing and bottom up aggregation of financed emissions across a portfolio of companies
• Prior experience in developing / execution of stress testing models (especially balance sheet and/or income statement) in the banking industry
• Understanding of key model risk management principles prescribed by global regulators
• Hands-on experience in using tools such as Python, Alteryx, Tableau, Qlikview
How To Apply?
- First, read through all of the job details on this page.
- Scroll down and press the Click Here button.
- To be redirected to the official website, click on the apply link.
- Fill the details with the information provided.
- Before submitting the application, cross-check the information you’ve provided.
