# Model Risk Management **Company**: Barclays **Location**: Noida **Work arrangement**: onsite **Experience**: senior **Job type**: full-time **Category**: Finance **Industry**: Finance **Apply**: https://barclays.wd3.myworkdayjobs.com/en-US/External_Career_Site_Barclays/job/Noida-Candor-TechSpace/Model-Risk-Management-BA3_JR-0000125667-1?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply **Canonical**: https://yubhub.co/jobs/job_80bbf498-cfb ## Description We are seeking a Model Risk Management professional to join our team at Barclays in Noida. The purpose of this role is to validate and approve models for specific usages, both at inception and on a periodic basis, as well as conduct annual reviews. **Accountabilities:** - Validate models for their intended use and scope, commensurate with the complexity and materiality of the models. - Approve or reject a model or usage based on assessment of the model's conceptual soundness, performance under intended use, and the clarity of the documentation of the model's inherent risks, limitations, and weaknesses. - Assess compensating controls used to mitigate Model risk. - Document validation findings and recommendations in clear and concise reports, providing actionable insights for model improvement. - Evaluate the coherence of model interactions and quality of Large Model Framework aggregate results that generate output for regulatory submissions or management decision-making and planning. - Design the framework and methodology to measure and quantify model risk, including the assessment of framework-level uncertainty. **Analyst Expectations:** - Meet the needs of stakeholders/customers through specialist advice and support. - Perform prescribed activities in a timely manner and to a high standard. - Have responsibility for specific processes within a team. - Lead and supervise a team, guiding and supporting professional development, allocating work requirements, and coordinating team resources. - Demonstrate leadership behaviors to create an environment for colleagues to thrive and deliver to a consistently excellent standard. - Manage own workload, take responsibility for implementing systems and processes, and participate in projects broader than direct team. - Execute work requirements, collaborating with and impacting on the work of closely related teams. - Check work of colleagues within the team to meet internal and stakeholder requirements. - Provide specialist advice and support pertaining to own work area. - Take ownership of managing risk and strengthening controls. - Deliver work and areas of responsibility in line with relevant rules, regulations, and codes of conduct. - Maintain and continually build an understanding of how all teams in the area contribute to the objectives of the broader sub-function. - Continually develop awareness of the underlying principles and concepts on which the work within the area of responsibility is based. - Make judgments based on practice and previous experience. - Assess the validity and applicability of previous or similar experiences and evaluate options under circumstances that are not covered by procedures. - Communicate sensitive or difficult information to customers. - Build relationships with stakeholders/customers to identify and address their needs. **Basic/Essential Qualifications:** - Highly numerate, as demonstrated by an honors degree, master's, or similar in a quantitative subject such as Mathematics, Physics, Operational Research, Economics, or Finance. - Proficient knowledge of coding in Excel-VBA/R/SQL/C++/Python or equivalent language. - Good communication and influencing skills. - Highly organized in terms of documentation and follow-through. - Experience in data understanding/handling and manipulations, data control, and its importance. - Awareness of reporting and Data Visualization tools. - Ability to think strategically and focus on the whole portfolio of MRM activities. **Desirable Skillsets/Good to Have:** - Relevant experience in model validation, data analytics, banking and finance, Python, Qlik, and Tableau. - Ability to work in a high-performing team and liaise with others in a diverse team. - Knowledge in financial projection, algorithm design. **Risk and Control Objective:** - Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework, and internal Barclays Policies and Policy Standards. ## Skills ### Required - model validation - quantitative analysis - risk management - data visualization - python - excel-vba ### Nice to have - data analytics - banking and finance - qlik - tableau - algorithm design --- Source: [Apply at barclays.wd3.myworkdayjobs.com](https://barclays.wd3.myworkdayjobs.com/en-US/External_Career_Site_Barclays/job/Noida-Candor-TechSpace/Model-Risk-Management-BA3_JR-0000125667-1?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)