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Impairment Analyst

Barclays · Posted Oct 7

Banking, credit card, corporate, investment banking, and wealth management services

Noida, IndiaFull-timeOnsiteMid Level3–6 years₹12.0L–₹22.0L yearly100+ applicants
BankingFinancial ServicesInvestment BankingCredit CardsWealth ManagementPublic Company
Full time

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About the role

The Group Impairment FTC team at Barclays is the front end of the impairment function, responsible for the governance and control of impairment outputs. The role works with credit risk data, IFRS9, stress testing, and impairment calculations, using Excel, SAS/Python, SQL, and Tableau for analysis and reporting. The Impairment Analyst will help build and lead output development, manage governance and control activities, and present results to senior stakeholders.

What you will do

  • Manage a team responsible for the Governance and Control aspects of the Impairments FTC.
  • Identification of potential impairment triggers, analysis of relevant financial and non-financial information to assess the potential for impairment of financial assets, and application of quantitative and qualitative impairment tests to determine whether an asset is considered impaired.
  • Assessment of the impairment loss for an asset by identification of the right valuation method, assessment of its fair value, and documentation of the process.
  • Calculation of the impairment provision to reflect the impairment loss and prepare clear and accurate impairment disclosures for financial statements.
  • Management of the performance of impaired assets and reassessment of their impairment status on a regular basis.

Skills used in this role

What the employer is looking for

  • University degree (B.Tech/ MBA /CA or equivalent).
  • Strong Analytical skills with a desire to learn in an evolving environment, Meticulous approach to data analysis & reporting.
  • Proficient in Microsoft excel with working knowledge of SAS and/or Python; coding skills preferred.
  • Problem Solving Ability - Strong critical thinking to identify issues & develop solutions.
  • Prior working experience in Credit Risk domain.
  • Basic knowledge of IFRS9, stress testing, basics of Impairments.
  • Clear and concise communication to present results of analyses up to level of Director/ MD in the organization.

Preferred qualifications

  • Knowledge of Structure Query Language (SQL) and Tableau is a plus.
  • Knowledge of International Financial Reporting Standards- Basic understanding of expected credit loss (impairments) calculation.
  • Basic understanding of PD,LGD,EAD models.
  • The initiative and curiosity to challenge current processes and develop effective alternative solutions.

Benefits and support

  • Compensation and benefits are detailed in the job posting

About Barclays

Barclays is a British multinational universal bank that provides consumer, corporate, and investment banking, as well as wealth management services. Tracing its origins back to 1690 in London, the institution operates globally to serve millions of retail and institutional clients. The bank leverages cutting-edge technology and digital platforms to drive operational efficiency across its international network.

Industry
Banking
Company size
93000+ employees
Founded
1690
Location
London, United Kingdom
Funding stage
Public Company

Leadership

CV
C.S. Venkatakrishnan

Group Chief Executive

AC
Anna Cross

Group Finance Director

AC
Alistair Currie

Group Chief Operating Officer

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