As a Capital Management ICAAP - VP, you’ll support the firm’s ICAAP process, ensuring the business maintains adequate capital to support its risk profile and strategic objectives. You’ll take ownership of three core capital models, critically assessing their design and outputs, and challenging assumptions to ensure effectiveness. Your analysis will underpin key decisions around capital adequacy, helping the business stay resilient and compliant with UK regulatory expectations.
You’ll be responsible for reviewing feedback from the Prudential Regulation Authority (PRA), translating findings into practical enhancements across the capital framework. You’ll provide senior stakeholders with clear, evidence-based recommendations, helping to shape strategic decisions and strengthen the firm’s capital position. This is a high-impact role where your expertise in capital planning, regulatory engagement, and financial analysis will help shape the firm’s long-term financial strength.
To be considered for this role, you will have modelling experience specifically within credit risk. You will have excellent communication skills (both written and verbal) and business partnering skills. A background in Capital / Model Validation / Quantitative Analytics or relevant consulting experience will be advantageous.
You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, as well as job-specific technical skills.
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
* 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.
* Optimisation of the bank's capital structure to support growth and profitability objectives, including management of regulatory capital requirements.
* Allocation of capital to business units and projects based on risk-adjusted returns and other financial metrics.
* 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. Effective communication of capital management strategies and risk considerations to relevant stakeholders.
Vice President Expectations
* Contribute to or set strategy, drive requirements, and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/processes; deliver continuous improvements; escalate breaches of policies/procedures.
* If managing a team, define jobs and responsibilities, plan for future needs, and coach employees. Lead specialists to influence operations, align with strategic and tactical priorities, and balance short and long-term goals while meeting budgets and schedules.
* Demonstrate leadership behaviors to create an environment for colleagues to thrive, including listening, inspiring, aligning, and developing others.
* For individual contributors, act as a subject matter expert, guide technical direction, lead assignments, and mentor less experienced team members.
* Advise key stakeholders, including leadership teams and senior management, on functional and cross-functional impacts and alignment.
* Manage and mitigate risks through assessment, supporting governance and control agendas.
* Demonstrate leadership and accountability in managing risks and strengthening controls.
* Understand organizational functions to contribute to business goals.
* Collaborate across areas to stay aligned with business strategies.
* Create solutions using sophisticated analytical thinking, comparing complex alternatives, and applying extensive research.
* Build and maintain trusting relationships with internal and external stakeholders, using influencing and negotiating skills to achieve outcomes.
All colleagues are expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, along with the Barclays Mindset of Empower, Challenge, and Drive.
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