Key Accountabilities and Skills required:
· Act as subject matter expert on assigned regulatory matters (e.g. regulatory treatment of trades cleared with central counterparties).
· Tracking of regulatory changes issued by supervisory authorities such as the US FED, PRA and BCBS; and communication and implementation support to regulatory reporting teams and other stakeholders.
· Work with the Regulatory Reporting team to ensure that policy advice and regulatory reforms are appropriately interpreted.
· Actively participate in advocacy initiatives either via direct response to rule makers or in conjunction with trade associations on all capital related items. This involves a critical and in depth review of regulators’ consultation papers, discussion with impacted business groups internally or externally with industry associations, and writing responses on behalf of Barclays.
· Coordinate on-going exercises to maintain a strong control environment, such as book governance (BMW book amendment requests), Banking Book-Trading Book transfer requests as well as the revision of the trading book boundary required by the future market risk standard (Fundamental review of the Trading book).
· Ownership of monthly Significant Risk Transfer (SRT) governance. The control is critical to ensure that RWA relief taken on originated securitisation trades globally is commensurate with risk that has left the group.
· Participate in ad-hoc projects in relation to consultations and new regulations.
· University Degree (BS/BA) or equivalent.
· 2+ years : Relevant experience in a role that requires a solid understanding of investment banking/markets products and services.
· 2+ years: Previous experience in a Regulatory Policy or Regulatory Reporting related role.
· 2+ years of solid knowledge of the Basel 3 capital requirements as implemented in the US (US Basel 3/US FED rules). Understanding of the Numerator, Equities, Credit Risk, Counter Party Credit Risk, Market Risk, Securitization and Leverage.
· CFA, FRM, MBA or Legal qualification preferred.
· Experience/Education in a quantitative field preferred.
· Have strong interpersonal, written and oral communication skills, particularly in relation to conveying complex issues in a straightforward and concise manner.
· Be result-orientated with excellent attention to detail and a focus on accuracy of information.
· Demonstrate strong problem solving, time management and prioritization skills.
· Have the ability to work independently but also escalate points to line management as required.
· Be confident in dealing with individuals at all levels of seniority.
· Have the capability to build and maintain relationships across the bank at all levels.
· Be able to produce formally written regulatory policy analysis presenting the formal view of the team on a given policy matter.
· Have a solid knowledge of the Basel capital requirements as implemented in the US (US Basel 3/US FED rules).