Portfolio Risk Oversight VP

Barclays Bank US; Wilmington (DE); On-site; USD 200,000 - 320,000; Full time

Job summary

Barclays Bank US is seeking a Portfolio Risk Oversight VP to provide independent second-line oversight across retail credit risk, stress testing, risk appetite, and climate risk for U.S. Consumer Bank portfolios.

You will lead oversight of retail lending and credit card stress testing, review credit-loss forecasts, and deliver decision-focused reporting to senior leadership. The role involves overseeing risk appetite limits, integrating climate considerations into risk frameworks, and

Qualifications

• Experience in stress testing, risk forecasting, impairment modelling, or portfolio risk management.
• Understanding of CECL, IFRS 9, credit loss frameworks, scenario design, and stress testing methodologies.
• Experience in risk appetite, limit setting, portfolio monitoring, and governance reporting.
• Proficiency with SAS, Python, SQL, Excel, or similar analytical tools.
• Proven ability to challenge models, assumptions, methodologies, results, and management overlays.
• Experience in regulatory, audit, or control environments including exposure to FRB, FDIC, CCAR, PRA, or internal audit expectations.

Responsibilities

• Monitoring the financial performance and risk profile of the entire lending portfolio, including individual borrowers, sectors, and geographic regions.
• Analysis of credit trends, identify early warning signs of potential borrowers' issues, and assess the impact of economic and market developments on the portfolio.
• Development and utilisation of quantitative models and risk forecasting tools to measure and predict potential credit losses.
• Performance of portfolio stress testing exercises to assess the impact of various economic and market scenarios on the portfolio's risk profile.
• Definition and setting of portfolio, segment and customer risk appetite, policy and limits. Overseeing first line execution within these parameters.

Skills

Stress testing

Risk forecasting

Impairment modelling

Portfolio risk management

Model challenge

Governance reporting

Regulatory/audit exposure

Analytical thinking

Tools

SAS

Python

SQL

Excel

Job description

Join us as a Portfolio Risk Oversight VP, where you will provide independent second-line oversight and challenge across retail credit risk, stress testing, risk appetite, and climate risk for our U.S. Consumer Bank portfolios. You will lead oversight of retail lending and credit card portfolio stress testing, review credit-loss forecasts and portfolio risk outcomes, and ensure alignment with capital-planning and governance requirements. You will also oversee risk appetite limits, integrate climate-related considerations into retail risk frameworks, and deliver clear, decision-focused reporting to senior leadership and risk committees. This is an opportunity to apply your expertise in retail banking, retail credit risk, forecasting, impairment modeling, and portfolio analytics while strengthening the controls and strategic decisions that support our consumer banking business.

To be successful as a Portfolio Risk Oversight VP, you should:

• Experience in stress testing, risk forecasting, impairment modelling, or portfolio risk management
• Understanding of CECL, IFRS 9, credit loss frameworks, scenario design, and stress testing methodologies
• Experience in risk appetite, limit setting, portfolio monitoring, and governance reporting
• Strong analytical capability, including proficiency with SAS, Python, SQL, Excel, or similar analytical tools
• Proven ability to challenge models, assumptions, methodologies, results, and management overlays
• Experience working in regulatory, audit, or control environments, including exposure to FRB, FDIC, CCAR, PRA, or internal audit expectations

Other Highly Valued Skills Include

• Experience with Mandate & Scale or Risk Appetite frameworks
• Exposure to climate risk analysis or scenario integration
• Knowledge of US consumer lending portfolios (cards, unsecured lending)
• Experience interacting with senior governance forums / committees

You may be assessed on key critical skills relevant for success in this role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

This role is located in Wilmington, DE.

Purpose of the role

To manage and optimise the bank's overall credit risk exposure by monitoring, analysing, and reporting on the creditworthiness of its lending portfolio.

Accountabilities

• Monitoring the financial performance and risk profile of the entire lending portfolio, including individual borrowers, sectors, and geographic regions.
• Analysis of credit trends, identify early warning signs of potential borrowers' issues, and assess the impact of economic and market developments on the portfolio.
• Development and utilisation of quantitative models and risk forecasting tools to measure and predict potential credit losses.
• Performance of portfolio stress testing exercises to assess the impact of various economic and market scenarios on the portfolio's risk profile.
• Definition and setting of portfolio, segment and customer risk appetite, policy and limits. Overseeing first line execution within these parameters.

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.