Retail Loan Credit Risk Reviewer

About the role

To safeguard the financial health of the bank by identifying, analysing, and mitigating potential credit risks associated with lending activities.

Responsibilities

• 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.
• 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.

Expectations

• Advise and influence decision making, contribute to policy development, and take responsibility for operational effectiveness.
• Collaborate closely with other functions and business divisions.
• Lead a team performing complex tasks, using well-developed professional knowledge and skills to deliver on work that impacts the whole business function.
• Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives, and determination of reward outcomes.
• For individual contributors, lead collaborative assignments and guide team members through structured assignments.
• Identify the need for inclusion of other areas of specialisation to complete assignments.
• Identify new directions for assignments and/or projects, combining cross-functional methodologies or practices to meet required outcomes.
• Consult on complex issues; provide advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and develop 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 closely related to other areas, requiring understanding of how areas coordinate and contribute to the achievement of the organisation's objectives.
• Collaborate with other areas of work for business-aligned support to keep up to speed with business activity and strategy.
• Engage in complex analysis of data from multiple internal and external sources to solve problems creatively and effectively.
• Communicate complex information, which may include sensitive information or information difficult to convey due to content or audience.
• Influence or convince stakeholders to achieve outcomes.
• Demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship.
• Demonstrate the Barclays Mindset: Empower, Challenge, and Drive.

Schedule

Hybrid role; may telecommute pursuant to company policies.

Benefits

This position is eligible for incentives pursuant to the Barclays Employee Referral Program.