VP - Treasury - ALM - Insights

Job Description

Purpose of the role

To model, measure and manage the bank’s financial balance sheet to report and optimise its risk profile and profitability by analysing the bank's assets and liabilities and developing strategies to manage interest rate risk on the banking book and other ALM risks.

Accountabilities

• Identification, modelling and measurement of the bank’s interest rate risk including the reporting of risks internally and externally.
• Development and implementation of strategies to manage the bank's interest rate risk in the banking book, including management of the bank's exposure to changes in interest rates and development of hedging strategies.
• Management of the bank's banking book balance sheet to optimize the allocation of assets and liabilities, and to ensure that the bank's liquidity, interest rate, and foreign exchange risks are appropriately managed within internal and external tolerance.
• Management of the bank's structural interest rate risk capital position to ensure compliance with regulatory requirements and to support the bank's growth and profitability objectives.
• Development and implementation of financial models to analyse the bank's balance sheet and to support decision-making processes related to asset and liability management.
• Support the development and pricing of customer products to align to the bank’s risk appetite and strategy in relation to IRRBB.
• Measurement of the capital requirements in relation to the interest rate and credit spread risk on the banking book.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills 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.

Join Barclays as VP - Treasury - ALM (Asset Liability Management) - Insights where you'll work closely with Insights COE (Centre of Excellence) in analyzing IRRBB (Interest Rate Risk in the Banking Book) risk across all entities, businesses and product types including the modelling and justification of their capital impacts. At Barclays, we're committed to pushing boundaries. Your role will also hold the responsibility of delivering ALM Insights Transformation deliverables including relevant and timely analysis on associated risk metrics in unison with other Treasury’s centers of excellence.

To be successful in this role, you should have,

• Experience of the risk management activities of Treasury and/or Balance Sheet Management function.

• Good understanding of Interest Rate Risk in the Banking Book with excellent numeric and analytical skills.

• Ability to work as part of a team and add value to the development of the ALM function.

• Good working knowledge of Microsoft Excel (Pivot tables, VLOOKUP's, SumIFs and so on) along with presentation and communication skills.

• Excellent knowledge of products and services offered by major banks, the inherent risks and how to mitigate them.

• Understanding of risk metrics like AER (Annual Equivalent Rate), EVE (Economic Value of Equity) and VaR (Value at Risk) including the impact of hedging strategies, strengths and weaknesses of key assumptions.

Some other highly valued skills may include,

• Previous working experience of using SQL (Structured Query Language) and/or QRM (Quality Risk Management).

• Understanding of mechanisms for quantifying and hedging direct and indirect non-traded market risks.

• Knowledge of key EBA (European Banking Authority) /PRA (Prudential Regulation Authority) and Basel regulations on IRRBB and NTMR (Non-Trading Market Risk).

• Additional Certifications like CFA / FRM / PRM

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 based in our Chennai office.