Impairment Analyst

1203 Barclays Global Serv. Cent; Greater Noida; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Barclays in Noida is seeking an Impairment Analyst to evaluate potential impairment of financial assets and ensure accurate reflection in financial statements. You will lead impairment analyses, apply tests, and document procedures to support governance of impairments.

The role requires deep technical knowledge in Credit Risk, IFRS9, and data analysis, with collaboration across functions. You will drive improvements and support leadership in impairment governance.

Qualifications

• University degree with strong analytical capability.
• Experience with data analysis and reporting in a risk context.
• Familiarity with IFRS9 and impairment concepts.

Responsibilities

• Identify impairment triggers and analyze financial/non-financial information to assess impairment.
• Apply quantitative and qualitative impairment tests to determine asset impairment.
• Determine impairment loss method, assess fair value, and document process.
• Compute impairment provision and prepare clear disclosures for financial statements.
• Monitor impaired assets and reassess impairment status regularly.

Skills

Analytical skills

Excel (SAS/Python)

Credit Risk

IFRS9 basics

Communication

Data analysis

Education

Bachelor's degree / MBA / CA or equivalent

Tools

SQL

Tableau

Job description

Job Description Purpose of the role

To evaluate and assess the potential impairment of financial assets, ensuring that the bank's financial statements accurately reflect the economic value of its assets.

Accountabilities

Identification of potential impairment triggers, analysis of relevant financial and non-financial information to assess the potential for impairment of financial assets, and application of quantitative and qualitative impairment tests to determine whether an asset is considered impaired. Assessment of the impairment loss for an asset by identification of the right valuation method, assessment of its fair value, and documentation of the process. Calculation of the impairment provision to reflect the impairment loss and prepare clear and accurate impairment disclosures for financial statements. Management of the performance of impaired assets and reassessment of their impairment status on a regular basis.

Analyst Expectations

To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement. Requires in-depth technical knowledge and experience in their assigned area of expertise. Thorough understanding of the underlying principles and concepts within the area of expertise. They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources. 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 develop technical expertise in work area, acting as an advisor where appropriate. Will have an impact on the work of related teams within the area. Partner with other functions and business areas. Takes responsibility for end results of a team’s operational processing and activities. Escalate breaches of policies / procedure appropriately. Take responsibility for embedding new policies/ procedures adopted due to risk mitigation. Advise and influence decision making within own area of expertise. Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct. Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function. Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function. Make evaluative judgements based on the analysis of factual information, paying attention to detail. Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents. Guide and persuade team members and communicate complex / sensitive information. Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation. All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave. Become part of Barclays Impairment reporting as an Impairment Analyst. As part of this role, the candidate will be required to embed a control functionality by building and leading the development of the output for the team, where you’ll help craft innovative solutions that influence. The purpose of this role is to manage a team responsible for the Governance and Control aspects of the Impairments FTC. This is the front end of the Group Impairment FTC team where the output is most visible and therefore a transparent, detailed and well-understood approach to Governance and Control is essential.

Required Skills

• University degree (B.Tech/ MBA /CA or equivalent).
• Strong Analytical skills with a desire to learn in an evolving environment, Meticulous approach to data analysis & reporting.
• Proficient in Microsoft excel with working knowledge of SAS and/or Python; coding skills preferred.
• Problem Solving Ability - Strong critical thinking to identify issues & develop solutions.
• Prior working experience in Credit Risk domain.
• Basic knowledge of IFRS9, stress testing, basics of Impairments.
• Clear and concise communication to present results of analyses up to level of Director/ MD in the organization.

Additional Highly-Valued Skills

• Knowledge of Structure Query Language (SQL) and Tableau is a plus.
• Knowledge of International Financial Reporting Standards- Basic understanding of expected credit loss (impairments) calculation.
• Basic understanding of PD,LGD,EAD models.

This role will be based out of Noida.

Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people.

Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.