Retail Loan Credit Risk Reviewer

Barclays•Wilmington, NC

3d•Hybrid

About The Position

The purpose of the role is to safeguard the financial health of the bank by identifying, analysing, and mitigating potential credit risks associated with lending activities. This involves analysing financial data, monitoring existing loan portfolios, recommending loan actions, and developing credit risk mitigation strategies. As an Assistant Vice President, expectations include advising and influencing decision-making, contributing to policy development, taking responsibility for operational effectiveness, and collaborating closely with other divisions. For leadership roles, this includes setting objectives, coaching employees, and appraising performance. For individual contributors, it involves leading collaborative assignments, guiding team members, identifying new directions for projects, and consulting on complex issues. The role also involves mitigating risk, developing new policies/procedures, and strengthening controls. It requires understanding how different areas coordinate to achieve organizational objectives and collaborating with business-aligned support areas to stay informed about business activity and strategy. This role involves complex analysis of data from multiple internal and external sources to solve problems creatively and effectively, and communicating complex information, which may include sensitive or difficult-to-communicate content, to influence stakeholders.

Requirements

Well developed professional knowledge and skills to deliver on work that impacts the whole business function.
Ability to identify new directions for assignments and/or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
Ability to consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
Ability to identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
Take ownership for managing risk and strengthening controls in relation to the work done.
Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
Influence or convince stakeholders to achieve outcomes.
Demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship.
Demonstrate the Barclays Mindset – to Empower, Challenge and Drive.

Nice To Haves

Leadership responsibilities (if applicable): Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes.
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.

Responsibilities

Analysis of financial data, including income, assets, liabilities, credit history, and economic trends, to determine the risk of default.
Monitoring of existing loan portfolios to identify potential credit deterioration or early warning signs of default.
Recommendation of loan approvals, rejections, or adjustments based on risk evaluation and bank lending policies.
Development and implementation of credit risk mitigation strategies, including collateral management, loan restructuring, and workout plans.
Execute Retail Loan Review operating procedures and independently evaluate the effectiveness of credit policy, underwriting decisions and processes.
Monitor, evaluate, and request remediation of lending practices for first- and second-line risk teams.
Test adherence to delegated lending authority for US Consumer Bank.
Assist with creation of appropriate documentation and report/track remediation status of findings and issues.
Test lending decisions for quality of approval/decline outcomes and line assignment, and for adherence to Credit Policy requirements and criteria.
Identify opportunities through analytics that can be used in performance analysis and potential improvements to credit risk strategy and judgmental lending processes.
Support the team with responses to regulatory requests.
Prepare documentation and report findings to appropriate forums and committees.
Keep record and periodically follow-up on progress of findings raised by Loan Review in accordance with the Barclays Issue Management Standard.
Complete ad hoc projects and tasks assigned by Enterprise Risk Management.
Assess compliance with laws and regulations, internal credit policies, operating procedures and business rules.