Barclays Stress Testing Senior Manager

Full job description
As a Barclays Stress Testing Senior Manager, you will be involved with leading a range of tasks primarily focused on Stress Testing which will include scenario and sensitivity analysis. In addition, your role will support the team’s wider deliverables including transformation programme and provide support to other Barclays Europe (BE) deliverables. This role will require you to provide accurate and insightful input to assist the decision-making process and support BE in delivering its financial commitments and in its regulatory engagements.

Key Accountabilities:

Lead delivery of key stress testing exercises for BE and Group stakeholders, including EBA, ECB, and internal stress tests
Ensure a strong control environment and drive continuous improvements in processes and reporting
Identify, escalate, and resolve control or delivery issues across BE and Group teams
Act as subject matter expert on macroeconomic, climate, and nature-related risks in stress testing
Contribute to scenario modelling, financial analysis, and presentation of BE’s performance
Produce adhoc management information and sensitivity analysis to support business needs
Lead or support projects within the wider Stress Testing programme, including transformation initiatives
Maintain and operate robust systems and datasets aligned to common control standards
To be considered for this role you’ll have experience in stress testing or financial planning, with a solid understanding of Finance and Investment Banking. You will have strong analytical and problem-solving skills, with the ability to manage and prioritise your workload effectively. You should be confident analysing PL and balance sheet data and be able to communicate complex issues clearly and concisely to senior stakeholders. Professional accountancy qualification or equivalent relevant experience such as ACA, CIMA, ACCA is preferred.

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 and digital and technology, as well as job-specific technical skills.

Purpose of the role

To develop and implement the bank's financial plans and stress testing methodologies by assessing the bank's resilience under various economic scenarios.

Accountabilities

Development and implementation of stress testing methodologies and analysis of the results to identify potential vulnerabilities, assess capital adequacy, and inform risk mitigation strategies.
Management of the bank's financial risks, including development and implementation of risk management strategies and communication of financial risks to relevant stakeholders.
Analysis of the bank's capital position and assessment of its ability to meet regulatory capital requirements, development of capital management strategies to optimise capital utilisation and evaluation of the impact of capital allocation decisions on the bank's risk profile and financial performance.
Orchestration of process cycles for the Planning and Stress Testing FTC and project managing delivery of the Planning Process and stress tests).
Documentation of requirements prescribed by the Regulator, Process/Data Owner Tracking and reporting cycle progress via PST Steer Co, POC, Working Groups and the workflow tool. .
Management of data, dataflows and data quality from contributors - input through to report submission. .
Management of BAU systems to enable a quick outcome and iterative generation of Capital or Funding plans and separately drive process reengineering initiatives. .
Ownership of the control's environment, standards, conformance, partnering with BIA to ensure the FTC meets its controls and governance objectives. .
Provision of ongoing governance support including but not limited to Regulatory liaison, Group BBUK Board engagement, Group Attestation KPMG engagement.
Vice President Expectations

To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
Manage and mitigate risks through assessment, in support of the control and governance agenda.
Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
Adopt and include the outcomes of extensive research in problem solving processes.
Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes. Read more