ML Analyst

Purpose of the role

To verify the accuracy, reliability, and soundness of the bank’s analytical models by independently validating and assuring the quality of models. 

Accountabilities

• Development and implementation of validation plans for new and existing models.
• Preparation of model documentation that clearly explains the model’s methodology, assumptions, limitations, and risks.
• Development and implementation of ongoing monitoring frameworks to ensure continued model accuracy and effectiveness, ensuring appropriate controls and governance in place.
• Analysis and assessment of the model’s accuracy, performance, and compliance with regulatory requirements.
• Performing back testing and stress testing to assess model robustness under different conditions.

Assistant Vice President Expectations

• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• 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.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

The Service Delivery & COO (SD&C) function consists of colleagues based across 3 sites in Bournemouth Glasgow and Noida. The teams support and drives the Change and Innovation agendas across the Financial Crime Screening Operation. Working to apply a strong governance framework and deliver innovative solutions such as Machine Learning, the team work closely alongside Technology and Business Change to ensure that operational and business requirements are delivered in a way to minimize impact to business as usual operations.

To be successful as an ML Analyst, you should have experience with

• Lead strategic initiatives to improve compliance with Model Risk Management through effective documentation, controls, monitoring and reporting processes

• Stakeholder management for Machine Learning and/or Model related activity

• Assesses filter models, fuzzy matching and false positives to iteratively improve performance

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills