Barclays Hiring For Freshers | Analyst - Models Centre of Excellence | Chennai
Barclays is scheduled to hire Analyst - Models Centre of Excellence for Bachelor of Science/Business Administration degree in Economics, Finance or Accounting. The detailed eligibility and application process of the Barclays are given below.
About Barclays:
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.
Barclays Hiring Freshers 2024 Details:
Job Title: Analyst - Models Centre of Excellence
Degree Required: B.Sc / BA in Economics, Finance or Accounting
Business Area: COO & Functions
Area of Expertise: Finance
Reference Code: 90384864
Location: Chennai
Experience: 0-2 years
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.
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.
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.
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 for Barclays Hiring Freshers 2024?
Eligible candidates apply this drive in online by the following the link ASAP. Venue details will be shared to shortlisted candidates through e-mail.
Apply Link: Click Here
Subscribe Here (Check Your Email To Activate Confirmation Link)
Note: Only shortlisted candidates will receive the call letter for further rounds
Dear job seekers, we wish you all the best for your Barclays Recruitment. For more latest freshers jobs in India, you can bookmark (Ctrl+D) our website NEW JOBS UPDATES and keep visiting regularly.
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