Job Description:

Job Title IVU - Model Validation - Noida

Location Noida

Provide independent review (IR) and challenge of different aspects of model (conceptual soundness, model performance etc) across different model types (credit risk, fraud etc) to a high degree of depth, as required by and detailed in the Banks policies and standards This role will be part of Group Risk IVU team
Provide input to/support the governance and reporting processes related to model risk management

What will you be doing

1 Independent review and challenge

a Work on independent review of diversified set of models Fraud, IFRS9, CCAR, Basel, Decision, ECM, business strategy etc for different products eg Credit Card, Home loan, Unsecured lending etc

b Perform technical analysis and/or build alternative benchmarks to new and existing models, in line with the requirements set out in the banks standards and policies

2 Governance and Reporting

a Review regulatory requirements to ensure compliance with different regulatory guidelines eg SR 11-7, PRA, FRB and Basel III

b Support the development and review conformance with appropriate policies including Group Model Risk policy

What were looking for

Understanding of fraud or credit risk management practices and familiar with model usage, technology and governance
Strong analytical skills with experience developing or validating predictive machine learning models (eg Random Forests, Gradient Boosted Machines and Deep Neural Networks etc) on large data sets in Hadoop environments using tools such as Python, Spark and MLLib
Advanced understanding of the quantitative techniques used in developing and validating models including Machine Learning, regression analysis, reject inference, decision trees and cluster analysis
Proven expertise/in depth knowledge of one or more of the following areas of model risk management Fraud, IFRS9, Basel, Application/Behavioural Risk scorecards, Existing Customer Management etc
Hands-on experience in the use of statistical packages such as SAS, R, Python Expert user of Microsoft Excel and other Microsoft Office tools
An ability to identify and analyse appropriate external data sources for model development or validation

Skills that will help you in the role

Relevant experience in a modeller/validator role in the financial services industry
Certification in Machine Learning

Where will you be working


Be More at Barclays

At Barclays, each day is about being more as a professional, and as a person Be More Barclays represents our core promise to all current and future employees Its the characteristic that we want to be associated with as an employer, and at the heart of every employee experience We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are

Interested and want to know more about Barclays Visit homebarclays/who-we-are/ for more details

Our Values

Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship Our values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our colleagues Simply put, success is not just about what you achieve, but about how you achieve it

Our Diversity

We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals

Our Benefits

Our customers are unique The same goes for our colleagues Thats why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be We are proud of our dynamic working options for colleagues If you have a need for flexibility, then please discuss this with us

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Banks/Insurance/Financial Services
Role : Risk/Credit/Economic Analyst
Salary : As per Industry Standards
Deadline : 18th Mar 2020

Key Skills:

Company Profile:

Barclays Bank PLCarfix

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