Impairment Analyst

About the role

Barclays Finance is looking for an Impairment Analyst in Noida, India, to lead the Governance and Control aspect of the Impairments FTC. The role sits at the front end of the Group Impairment FTC team, where the output is most visible, so a transparent, detailed and well-understood approach to governance and control is essential. The purpose of the role is to evaluate and assess the potential impairment of financial assets so that the bank's financial statements accurately reflect the economic value of its assets.

Key responsibilities

• Identify potential impairment triggers and analyse financial and non-financial information to assess the risk of impairment.
• Apply quantitative and qualitative impairment tests to determine whether an asset is impaired.
• Assess the impairment loss by choosing the right valuation method, assessing fair value and documenting the process.
• Calculate the impairment provision and prepare clear, accurate impairment disclosures for the financial statements.
• Manage the performance of impaired assets and regularly reassess their impairment status.
• Lead and supervise a team, guide professional development, allocate work and coordinate resources.
• Embed new policies and procedures adopted for risk mitigation, and escalate breaches of policies and procedures appropriately.

Required profile

• University degree (B.Tech, MBA, CA or equivalent).
• Prior working experience in the Credit Risk domain.
• Clear, concise communication, able to present analysis results to a Director/MD level.
• Initiative and curiosity to challenge current processes and propose alternatives.

Required skills

• Proficiency in Microsoft Excel; working knowledge of SAS and/or Python, with coding skills preferred.
• Basic knowledge of IFRS 9, stress testing and impairment basics.
• Plus: SQL and Tableau, and basic understanding of PD, LGD and EAD models.

The role is based in Noida. Barclays offers hybrid working with fixed anchor days, and flexible working arrangements can be discussed with the hiring manager. Candidates must have the legal right to work in the country of employment.