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Models and methodologies director

London
Barclays
Director
€100,000 a year
Posted: 15h ago
Offer description

Key Qualifications

* Exceptional candidate with 10+ years across all asset classes (especially Rates and Credit) in valuation, risk management, model validation or trading at a top tier investment bank.
* MSc and/or PhD in a technical area such as Mathematics, Statistics, Physics, Engineering, Quantitative Finance or a related field.
* Direct involvement in the development or validation of valuation models/methodologies including model valuation adjustments, fair value adjustments, Prudent Valuation Adjustments, IPV methodologies, etc.
* Experience interacting with regulators during deep dives or audits of valuation controls and models.
* Strong financial product knowledge and a track record of collaborating with Traders and Front Office Quantitative Analysts.
* Strong analytical problem solving, ability to see the big picture and explain concepts to senior management and technical experts.
* Strong interpersonal and communication skills, team player, collaborative.
* Supports knowledge sharing within the team through coaching and training.
* Knowledge of VBA, Python, R, C++ and other relevant languages; hands‑on experience building AI agents.


Purpose of the role

Responsible for the independent review, challenge and validation of valuation models and methodologies, including Fair Value Adjustments (FVAs), Prudent Valuation Adjustments (PVAs) and Independent Price Verification (IPV) methodologies.


Accountabilities

* Drive consistency across asset classes in validity and appropriateness of models, methodologies and documentation.
* Support Finance teams in identifying their inventory of quantitative and qualitative models and processes.
* Enhance models and methodologies to ensure ongoing compliance with accounting standards, regulatory requirements and best market practices.
* Enhance valuation control standards and keep them aligned with regulatory requirements and model governance standards.
* Engage with model owners (VC and Front Office Quants teams) to challenge and enhance valuation models/methodologies and documentation.
* Perform role of Subject Matter Expert in model validation of qualitative valuation models, collaborate with Model Risk Management and assist in validation of quantitative models.
* Collaborate with Model Risk Management to influence, support and enhance the firm’s model governance framework.
* Design and implement tools and processes for ongoing transparent monitoring of appropriateness of models and methodologies.
* Support responses to regulatory feedback and develop solutions or remediations.


Director Expectations

* Manage a business function, contribute to strategic initiatives, influence policy and procedures.
* Lead a large team or sub‑function, embed a performance culture, mentor senior specialists.
* Provide expert advice to senior management and committees; influence decisions beyond own function.
* Manage, coordinate and enable resourcing, budgeting and policy creation for a significant sub‑function.
* Escalate breaches of policies or procedures appropriately.
* Foster compliance and ensure relevant processes are in place to facilitate adherence.
* Focus on the regulatory environment and advocacy to monitor and influence on behalf of Barclays.
* Demonstrate extensive knowledge of function integration with business division and overall objectives.
* Maintain comprehensive knowledge of industry theories and practices; keep sector knowledge up‑to‑date.
* Use interpretative thinking and advanced analytical skills to solve problems and design solutions.
* Exercise management authority for significant strategic decisions in area.
* Negotiate and influence senior stakeholders internally and externally.
* Act as principal contact point for key clients and counterparts in other functions or divisions.
* Serve as spokesperson for the function and business division.

All Senior Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver consistently excellent standards. The four LEAD behaviours are: Listen and be authentic, Energise and inspire, Align across the enterprise, Develop others.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

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