New York, USA
3 days ago
AVP, Loss Provisioning - Forecasting

We are looking for an experienced AVP to join our Loss Provisioning - Forecasting team. This team calculates provisions for the bank on a monthly basis and the numbers get reported to the highest levels of leadership, as well as reported to the Federal Reserve System and FDIC. Your role will be highly analytical, as you do a deep dive into behavior to provide commentary as to why the number move month to month. You will use Python, SQL, and SAS to manipulate the data to understand why numbers move. Within this specific role, you will be focused on forecasting what the numbers will look like for the rest of the year and the next five years. You will be very well supported by a team of VPs and have the chance to collaborate with a global team.

To be successful as an AVP, Loss Provisioning - Forecasting, you should have:

Strong analytical mindset with ability to problem solveExperience turning data into commentaryMotivated and self-starter mindset

Some other highly valued skills may include:

Coding background, preferably in Python, SQL, or SASProvisioning experienceUS Credit Cards Business Knowledge

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 and digital and technology, as well as job-specific technical skills

This role is located in New York, NY.

Minimum Salary: $125,000

Maximum Salary: $145,000

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

Purpose of the role

To evaluate and assess the potential impairment of financial assets, ensuring that the bank's financial statements accurately reflect the economic value of its assets.   

Accountabilities

Identification of potential impairment triggers, analysis of relevant financial and non-financial information to assess the potential for impairment of financial assets, and application of quantitative and qualitative impairment tests to determine whether an asset is considered impaired.Assessment of the impairment loss for an asset by identification of the right valuation method, assessment of its fair value, and documentation of the process.Calculation of the impairment provision to reflect the impairment loss and prepare clear and accurate impairment disclosures for financial statements.Management of the performance of impaired assets and reassessment of their impairment status on a regular basis.    .

Assistant Vice President Expectations

Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.Take ownership for managing risk and strengthening controls in relation to the work done.Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.Influence or convince stakeholders to achieve outcomes.

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.

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