Counterparty Credit Risk

Job Role

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

• Analyze financial data, including income, assets, liabilities, credit history, and economic trends, to determine the risk of default.
• Monitor existing loan portfolios to identify potential credit deterioration or early warning signs of default.
• Recommend loan approvals, rejections, or adjustments based on risk evaluation and bank lending policies.
• Develop and implement credit risk mitigation strategies, including collateral management, loan restructuring, and workout plans.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls related to the work you own or contribute to.
• Deliver work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how the sub‑function integrates with the function and the organisation's products, services and processes.
• Resolve problems by identifying and selecting solutions through the application of technical experience.
• Guide and persuade team members and communicate complex or sensitive information.
• Act as a contact point for stakeholders outside the immediate function, while building a network of contacts inside and outside the organisation.

• In‑depth technical knowledge and experience in credit risk analysis.
• Leadership experience or the ability to develop technical expertise as an individual contributor.
• Proficiency in using AI and technology‑enabled tools to enhance workflow efficiency.
• Willingness to develop expertise in counter party control and excess management, including reviewing post‑trade exposures and trade adjustments.
• Strong communication skills to liaise effectively with front office, credit officers, and other internal teams.
• High levels of attention to detail and diligence when reviewing trades and potential limit breaches.
• Ability to work at a fast pace, supporting real‑time trade approvals and responding to credit risk hotline queries.
• Prior credit risk or investment banking experience is highly valued.
• Exposure to trade approvals or counter party credit processes is an asset.

Glasgow only. Working patterns include a 7.30am start, hybrid working days in office Monday, Tuesday and Wednesday.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship, as well as the Barclays Mindset – to Empower, Challenge and Drive.