This is a senior director level role, reporting directly to the Head of Capital and Leverage Management. The purpose is to head up a center of excellence within CALM focused on managing capital requirements and capital communications. This is a new role to add to the existing team and reflects the scope of strategic capital priorities. The successful candidate should have considerable experience in a leadership role, directly relevant experience, and a proven track record in a fast-paced environment.
The key accountabilities of the role include:
1. Risk management and driving efficiencies related to our capital requirements, including a clear understanding of the drivers of our capital requirements and a forward-looking view of potential changes.
2. Efficient use of capital, including identification of actions we can take to manage our requirements, with a focus on stress testing and leverage usage.
3. Maintain an effective capital risk appetite together with the second line, including ownership for setting early warning indicators and capital planning targets.
4. Management of our capital communications for external stakeholders, including investors and credit rating agencies, and including earnings reports.
5. Analytical review of peers and other external factors, including understanding of consensus expectations for capital and how those influence our direction.
Purpose of the role
To optimise the bank's capital structure to support its growth objectives, manage risk exposure, and comply with regulatory requirements by analyzing the bank's capital position, developing capital allocation strategies, and ensuring that the bank maintains adequate capital levels under various economic scenarios.
Accountabilities
1. Development and implementation of strategies to manage the bank's capital position, including setting of capital targets, development of capital plans, and monitoring of capital adequacy.
2. Optimisation of the bank's capital structure to support growth and profitability objectives, including management of the bank's exposure to regulatory capital requirements.
3. Allocation of capital to business units and projects based on risk-adjusted returns and other financial metrics.
4. Preparation and provision of regular reports on the bank's capital position, capital allocation decisions, and stress testing results to senior colleagues, risk committees, and regulatory authorities, and effective communication of capital management strategies and risk considerations to relevant stakeholders.
Director Expectations
* Manage a business function, providing significant input to strategic initiatives. Contribute to and influence policy and procedures for the function, and manage multiple complex projects that may be business-wide.
* Lead a large team or sub-function, embedding a performance culture aligned with the company's values, or for individual contributors, lead organization-wide projects and act as a technical expert and thought leader, guiding less experienced staff and influencing strategic decisions.
* Provide expert advice to senior management and committees to influence decisions outside of own function.
* Manage resourcing, budgeting, and policy creation for a significant sub-function.
* Ensure compliance with policies and regulations, and monitor external environment and regulators to influence when appropriate.
* Demonstrate extensive knowledge of the function's integration within the business and stay updated on industry practices and external developments.
* Use analytical skills to solve complex problems and design solutions.
* Make strategic decisions within own area, negotiate and influence stakeholders, and act as a principal contact point for key clients and counterparts.
* Represent the function and business division as a spokesperson.
All Senior Leaders are expected to demonstrate leadership behaviors aligned with Barclays' values and behaviors, including Respect, Integrity, Service, Excellence, and Stewardship, as well as the Barclays Mindset—Empower, Challenge, and Drive.
#J-18808-Ljbffr