Wholesale Credit Risk Sanctioning - LevFin - VP

Barclays; Mumbai; On-site; INR 3,500,000 - 6,000,000; Full time

Job summary

Barclays in Mumbai seeks a Vice President in Wholesale Credit Risk Sanctioning to independently assess and decide on complex LevFin transactions. You will lead a team of analysts, oversee reviews, and ensure alignment with risk appetite and regulatory requirements.

You will engage with onshore stakeholders, develop risk policies, and drive strategic risk initiatives to strengthen controls and portfolio performance. Strong leadership and communication are essential for success.

Qualifications

• Strong experience in corporate credit risk assessment of global credits, focusing on the US and/or EMEA regions within the High Risk/LevFin domain.
• Manage and coordinate a team of credit analysts to ensure high quality annual and quarterly credit reviews; oversee task allocation & planning, review credit papers of assigned portfolio, and progress monitoring for the team.
• Ongoing resource development and training (technical and non-technical) and retention.
• Develop effective internal relationships and manage onshore stakeholders proactively. Communicate well and have strong team oversight.
• Proactively engage in risk initiatives to achieve strategic objectives.

Responsibilities

• Analysis of complex financial information and business models of LevFin, SLF, and Hedge Fund clients to assess creditworthiness, repayment capacity, and risks.
• Monitoring portfolio performance and identifying early warning signs of deterioration.
• Evaluation of risk profiles considering industry trends, borrower financials, collateral, and market conditions.
• Documentation of credit decisions and rationale in line with regulatory standards.
• Development and implementation of risk mitigation strategies to optimise portfolio performance.

Skills

Credit risk assessment

Team leadership

Stakeholder management

Risk initiatives

Analytical thinking

Job description

Join us as a "Wholesale Credit Risk Sanctioning - LevFin - VP" at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionise our digital offerings, ensuring unapparelled customer experiences.

You may be assessed on the 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.

To be successful as a "Wholesale Credit Risk Sanctioning - LevFin - VP", you should have experience with:

Basic/ Essential Qualifications:

• Strong experience in corporate credit risk assessment of global credits, with a focus on the US and/or EMEA regions within the High Risk/LevFin domain.
• Manage and coordinate a team of credit analysts to ensure the completion of high quality annual and quarterly credit reviews; oversee task allocation & planning, review credit papers of assigned portfolio, and progress monitoring for the team.
• Ongoing resource development and training (technical and non-technical) and retention.
• Develop effective internal relationships and manage onshore stakeholders proactively. Communicate well and have strong team oversight.
• Proactively engage in risk initiatives to achieve strategic objectives.

Desirable skillsets/ good to have:

• Experience in credit risk, preferably in an international banking environment, covering Leveraged and/or High Yield clients
• Team management experience.
• Possess good analytical skills with attention to detail, ability to provide big picture decision making.
• Possess good interpersonal, verbal and written communication skills, and have the ability to clearly articulate complex concepts and ideas.

This role will be based out of Mumbai.

Purpose of the role

To independently assess and make credit decisions for complex financing transactions within the LevFin, SLF, and Hedge Funds sectors, ensuring alignment with the bank's credit risk appetite and regulatory requirements and contribute to the development and implementation of credit risk policies and procedures for the Specialised Sector.

Accountabilities

• Analysis of complex financial information and business models of LevFin, SLF, and Hedge Fund clients to assess their creditworthiness, repayment capacity, and potential risks.
• Monitoring of the performance of the LevFin, SLF, and Hedge Fund portfolio, identifying and reporting early warning signs of potential credit deterioration.
• Evaluation of the risk profile of each application considering factors like industry trends, borrower financials, collateral, and market conditions.
• Documentation credit decisions and rationale in a clear and concise manner, adhering to internal audit and regulatory reporting standards.
• Development and implementation of strategies to mitigate identified credit risks and optimise portfolio performance.

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 elevate 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.

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.