Barclays
Location
Mumbai | India
Job description
Job Title: AVP-Funds Credit Risk
Location: Mumbai
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.
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:
. Effective credit risk management (evaluation of risk/exposure management) of credit risk within the Hedge Fund, Asset Manager, and Private Equity sectors.
. Ensuring compliance with Bank's credit risk policies & procedures and internal controls framework.
What will you be doing
. Maintain integrity of credit risk function whilst ensuring that the team continues to fully support Front Office relationship and sales staff.
. Conduct due diligence and write credit papers for new clients, annual reviews.
. Where sector difficulties or client specific difficulties are identified, provide hands-on support to the team to ensure that appropriate action is taken to mitigate credit risk.
. Action on requests from stakeholders across the bank.
. Change in limits and counterparty credit rating following Credit approval.
. Maintain data integrity of appropriate Credit Risk systems and ensure they reflect the approved sanction.
. Approve utilization of sanctioned limits within discretion and resolve credit risk limit excesses.
. Monitor and action on margin call escalations.
. Monitor compliance with credit terms in trading/legal documents and resolve/escalate breaches.
What we're looking for:
. Masters / Professional qualification such as MBA/ CA/ CFA or equivalent.
. Awareness of legislation and regulatory requirements affecting the Bank and customers
Skills that will help you in the role:
. Ability to act decisively in challenging circumstances demonstrating effective negotiating & influencing skills
. Strong communication and interpersonal skills to build effective stakeholder relationships
. Mentorship experience in a dynamic environment
. Relevant experience of credit analysis/research in another financial institution, preferably a major international bank.
. Knowledge of multiple regions / sectors / industries.
. Understanding of Investment Banking products
Where will you be working
Mumbai
Job tags
Salary