Analyst- MCO Job in Chennai at Barclays

Barclays is hiring for the role of Analyst- MCO!

Responsibilities of the Candidate:

• Delivery of advanced model analytics, improve stability and bring consistency in calculation approach.
• Leading technical engagements with QA and IVU for strategic redevelopment project on behalf of FTC.
• Provision of model execution, output analysis and lifecycle management capabilities across use cases for both forecasting and BAU models.
• Implementation of process improvements though enhanced controls, automation and improved analytics.
• Delivery of advanced model analytics (Recalibration, Sensitivity, root cause analysis etc.).
• Controls and testing:  Addressing execution issues with IT and QA, Perform UAT as part of model product ionisation.
• Cataloguing of issues, potential improvement for model redevelopment, authoring technical documentation with QA.

Requirements:

• Bachelor’s degree (at a minimum) in a numerate subject such as mathematics, physics, financial engineering or a track record of performance that demonstrates this ability. Master’s degree preferred.
• Qualified accountant / CIMA or MBA from reputed institutes would be an advantage.
• Track record of performance demonstrating strong quantitative & analytical skills and technical writing skills.
• Ability to see the end to end and bigger picture - models, systems, feeds, end user requirements, etc.
• Good financial product knowledge , appreciation and understanding of financial markets.
• Displays integrity, initiative and commitment through interactions with colleagues and clients
• Proactive. Displays enthusiasm, initiative and diligence
• Strong oral communication skills and experience dealing with stakeholders in different locations.
• Familiarity with regulatory requirements.
• Model Risk exposure in large financial institutions / banks preferred
• Controls and governance exposure in  enterprise risk management
• Track record of interacting with senior stakeholders along with strong influencing skills.
• Experienced with MS office toolkit (Word, PPT, Excel, Access Database etc)
• Excellent communication and presentation skills in both formal and informal settings & ability to interact with the region and UK / US as part of a global team (written and verbal) .
• Strong control awareness – in particular, the ability to identify and escalate potential control breakdowns and to streamline processes in an effective and efficient manner.