Assistant Vice President MEC Job Vacancy in Barclays Mumbai, Maharashtra – Updated today

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Full Details :
Company Name : Barclays
Location : Mumbai, Maharashtra
Position :

Job Description : Job Title: Assistant Vice President MEC
Location: Mumbai

About Barclays
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.

Risk and Control Objective
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.

Working Flexibly
We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life.
If you would like some flexibility, then please discuss this with the hiring manager.

Introduction:
The purpose of the role is to make lending decisions on behalf of the bank to Barclays International Corporate customers (limit size £10m+) which are in line with the appetite of the bank. In order to do this you need to demonstrate excellent judgement in risk assessment when deciding which deals are supportable and which are not , acting within delegated discretion, or recommending to appropriate sanctioning level where required.
What will you be doing?
Business Risk (90%)
Consistently deliver high quality, commercial and balanced lending decisions, acting within delegated discretion or recommending to appropriate sanctioning level where required, and within defined credit risk appetite demonstrating effective application of Target Market Criteria, with appropriate escalation where deemed outside of risk appetite.
Satisfactory workflow contribution completing an appropriate number of credit applications per month while demonstrating a satisfactory contribution to wider proactive support.
Credit application execution to demonstrate a good mix of material cases, both incremental and new to Bank – the case mix will be balanced against volume when assessing overall contribution.
Ensure early identification of emerging risks and escalation as appropriate through proactive and effective risk management. No avoidable losses or late WL referrals.
Continue the culture of challenge while supporting debt growth in line with business objectives, recognising the uncertainty in the market and the global impact of the coronavirus pandemic.
Controls/Model Risk (5%)
Apply the highest standards of controls and risk management practices and behaviours, and embed a strong risk and control culture. Demonstrate prudence, sound judgement and appropriate and timely escalations in the management of all types of risk applicable to the role.
Contribute, as required, to delivery of model risk remediation, in particular relating to Eagle
Contribute, as required, to the remediation of any control issues in a timely manner, and ensure adherence to RCSA framework.
Adhere to policies and standards and work with colleagues where required to ensure that MEC is fully compliant.
Ensure all personal compliance requirements and training are completed in a timely fashion

People (5%)
Support people initiatives designed to improve Risk Culture and Engagement, i.e. work shadowing, secondments, mentoring, personal development, coaching and colleague recognition
Support initiatives to deepen colleague engagement through Your View surveys etc
What we’re looking for:
Strong financial analysis skills where understanding Balance Sheets, Cashflow Statements and Profit and Loss Accounts of businesses is critical.
Good numeracy skills.
Ability to handle a significant volume of data and pull out the important aspects, summarise and draw conclusions.
Must be decisive and a clear communicator both written and oral.
Must be thorough and accurate at all times.

Skills that will help you in the role:
Good understanding of general lending products of the bank.
Be aware of and understand the strengths and weaknesses of different types of security the bank use to support lending.

Where will you be working?
Mumbai

Be More at Barclays
At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Purpose, Values and Mindset
We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.
Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.
Respect
We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone’s contribution.
Integrity
We operate with honesty, transparency and fairness in all we do.
Service
We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.
Excellence
We champion innovation, and use our energy, expertise and resources to make a positive difference.
Stewardship
We prize sustainability, and are passionate about leaving things better than we found them.
Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.
Empower
Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.
Challenge
Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.
Drive
Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.

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