Risk Loss Forecasting and Impairment Oversight VP

Risk Loss Forecasting And Impairment Oversight VP

To oversee accurate and timely identification, measurement, and reporting of credit loss provisions for the bank's loan portfolio, in accordance with relevant accounting standards and contribute to the effective management of credit risk by providing insights and analysis to support informed decision-making.

Accountabilities

• Monitoring of the performance of loan portfolios and identify borrowers showing signs of financial stress or increased credit risk.
• Analysis of borrower financial information and creditworthiness indicators to assess the risk of default and determine the appropriate level of impairment.
• Development and implementation of credit risk models used for impairment estimation and portfolio analysis.
• Conducting stress testing and sensitivity analyses to assess the impact of economic and market changes on loan portfolios and impairment estimates.
• Development and implementation of early intervention strategies for at-risk borrowers, such as loan restructuring, renegotiation, or collection actions.

Vice President Expectations

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset to Empower, Challenge and Drive the operating manual for how we behave.

Embark on a transformative journey with Barclays as a Risk Loss Forecasting and Impairment Oversight VP. In your role, you will be reviewing and challenging impairment models, validating assumptions and methodologies, and delivering quarterly recommendations to senior risk leadership. The role also involves partnering closely with the Director in managing both internal and external audit engagements, ensuring transparency, accountability, and rigorous adherence to governance frameworks.

To be successful as a Risk Loss Forecasting and Impairment Oversight VP, you should have experience with :

Some other highly valued skills may include :

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, as well as job-specific technical skills.

This role is located in the Wilmington, DE Office.