| Job Title: | Portfolio Predictive Modeller |
|---|---|
| Reference: | 12345/d |
| Salary: | £30,000 |
| Location(s): | London |
| Industry(s): | Financial Services, Banking, Consumer Finance, Consumer Banking |
| Advertiser: | Barclays |
| Employment Type: | Permanent |
| Posted: | 26-08-2008 |
Description:
Portfolio Predictive ModellerLocation: London, Canary Wharf
About us:
At Barclays, our aim is to build the leading Decision Science team in the industry. We’ve brought together risk specialists from across our business to create a centre of excellence for our UK Retail Banking operation. The team covers everything from developing decision science models and analytics, through delivering systems, data and MI, to Six Sigma process re-engineering and governance. We’re looking for people who share their high level of expertise and ambition. If you want to be at the forefront of Decision Science, part of a group using advanced techniques to grow our portfolios in size and profitability, you should join us now.
About the challenge:
Our Portfolio Predictive Modelling Team uses advanced mathematical modelling techniques to develop tools for forecasting impairment charge (credit loss provisioning) and calculating regulatory/economic capital. You’ll contribute to their work by project managing the improvement of our portfolio measurement and forecasting. You’ll lead the development of mathematical models and their associated documentation, and support their implementation and use for the various regulatory and internal risk measurement frameworks, including CREC/Risk Tendency, Basel II and IFRS/IAS.
We’ll look to you to improve the processes and deployment of models so that your projects make the best use of our resources and provide the utmost value. We’ll also expect you to engage key stakeholders across the bank so that you meet their needs and help drive the business forward.
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About you:
Passionate about data analysis and the business benefits it can bring, you should be skilled at solving complex business problems in innovative and practical ways. A good knowledge of data analysis, the theories behind it and multivariate statistical techniques, such as Logistic Regression, is essential. You also need to understand the fundamental principles of the Basel II Accord and IFRS IAS 39. Such a background should mean you’re skilled at producing reports and interrogating systems to produce analysis and resolve problems.
You’ll be working with various departments to ensure the models they develop are understood, so you must be able to present ideas and results in clear and logical ways that technical and non-technical audiences can understand. Strategic skills and the ability to master the whole portfolio of our activities as well as important details are vital. We’ll expect you recognise the impact and opportunities of activities across the whole of our organisation.
If you are interested in applying please forward your CV and covering letter, quoting Ref 12345 to Kim.pryce@barclays.com
