Counterparty Credit Risk

Job Description

Job Role

To safeguard the financial health of the bank by identifying, analysing, and mitigating potential credit risks associated with lending activities.

Responsibilities

• Analyze financial data, including income, assets, liabilities, credit history, and economic trends, to determine the risk of default.
• Monitor existing loan portfolios to identify potential credit deterioration or early warning signs of default.
• Recommend loan approvals, rejections, or adjustments based on risk evaluation and bank lending policies.
• Develop and implement credit risk mitigation strategies, including collateral management, loan restructuring, and workout plans.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls related to the work you own or contribute to.
• Deliver work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how the sub function integrates with the function and the organisation’s products, services and processes.
• Resolve problems by identifying and selecting solutions through the application of technical experience.
• Guide and persuade team members and communicate complex or sensitive information.
• Act as a contact point for stakeholders outside the immediate function, while building a network of contacts inside and outside the organisation.

Expected Skills & Experience

• In depth technical knowledge and experience in credit risk analysis.
• Leadership experience or the ability to develop technical expertise as an individual contributor.
• Proficiency in using AI and technology enabled tools to enhance workflow efficiency.
• Willingness to develop expertise in counterparty control and excess management, including reviewing post trade exposures and trade adjustments.
• Strong communication skills to liaise effectively with front office, credit officers, and other internal teams.
• High levels of attention to detail and diligence when reviewing trades and potential limit breaches.
• Ability to work at a fast pace, supporting real time trade approvals and responding to credit risk hotline queries.
• Prior credit risk or investment banking experience is highly valued.
• Exposure to trade approvals or counterparty credit processes is an asset.

Location & Working Patterns

Glasgow only. Working patterns include a 7.30am start, hybrid working days in office Monday, Tuesday and Wednesday.

Barclays Values & Mindset

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship, as well as the Barclays Mindset – to Empower, Challenge and Drive.