Non-Traded Models IVU-VP

Embark on a transformative journey as a Non-Traded Models IVU-VP at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences. Model Risk Management (MRM) is a function reporting directly to the Group Chief Risk Officer and responsible for the identification, assessment, monitoring and management of Model risk within Barclays. Independent Validation Unit (IVU) is one of the key areas under MRM. As a second line defence function, IVU approves or rejects models following a technical review thereby ensuring transparency and effective management of risk associated with any model in which Barclays relies upon for financial or non-financial decisions. The IVU Team has responsibility for the Independent Validation of various model types (e.g. capital, impairment, underwriting, behaviour, collection & recovery, existing customer management (ECM), fraud, stress testing models etc.). It provides assurances to the senior managers including the individual Business Chief Risk Officers and the Group CRO and Finance Director (through the Executive Models Committee) on the key aspects associated with risk models.