Barclays
Location
Mumbai | India
Job description
Job Title: VP Model Risk Pricing Model Validation
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:
The role holder will be primarily responsible for performing and documenting analysis and testing of EoD pricing models, market risk pricing models, counterparty credit risk pricing models and related finance models.
What will you be doing
. The role holder will be responsible for independently performing and documenting analysis and testing of pricing models, market risk pricing models and counterparty credit risk pricing models, as well as performing and documenting reviews of other model types, including finance models, when required.
. The role holder will be expected to assist in the timely delivery of valuation model uncertainty analysis for quarterly model risk reporting, when required.
. The role holder will be expected to negotiate and agree workload prioritisation within the team as well as with other stakeholders.
. The role holder will be expected to justify and defend their analyses and conclusions.
. The role holder will be expected to contribute toward the continuous innovation and improvement in efficiency and effectiveness of processes within the asset-class group, including discussion of overall team strategy.
What we're looking for:
. postgraduate level education in a quantitative discipline
. proven ability to understand several pricing modelling approaches and their strengths and weaknesses as well as performing and documenting quantitative testing and analyses
. programming experience, with strong verbal and written communication skills
. a team player with excellent communication skills and a strong desire to learn and add value
Skills that will help you in the role:
. Proven experience in derivatives and pricing models
. Exposure to any capital markets and derivative products
Where will you be working
Mumbai
Job tags
Salary