Climate Risk Modelling Analyst

Purpose of the role

To design, develop, implement, and support mathematical, statistical, and machine learning models and analytics used in business decision-making

Accountabilities

• Design analytics and modelling solutions to complex business problems using domain expertise.
• Collaboration with technology to specify any dependencies required for analytical solutions, such as data, development environments and tools.
• Development of high performing, comprehensively documented analytics and modelling solutions, demonstrating their efficacy to business users and independent validation teams.
• Implementation of analytics and models in accurate, stable, well-tested software and work with technology to operationalise them.
• Provision of ongoing support for the continued effectiveness of analytics and modelling solutions to users.
• Demonstrate conformance to all Barclays Enterprise Risk Management Policies, particularly Model Risk Policy.
• Ensure all development activities are undertaken within the defined control environment.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department's future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to 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..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills 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.

We are seeking a highly motivated AVP/VP level - Climate Risk Modelling Analyst Model Developer to join our Quantitative Analytics Climate Risk and Portfolio Management team. This is a high-impact role focused on the quantification and management of climate and catastrophe risk. You will play a key role in developing the firm's Climate Risk Appetite Framework and advancing portfolio-level risk analytics.

Key Responsibilities:

• Develop quantitative frameworks to assess and manage the firm's exposure to climate-related and catastrophe risks.

• Perform portfolio aggregation, data quality assessments, and create stress-testing scenarios and heat maps.

• Conduct impact analyses and forecasts to inform portfolio risk decisions and support strategic planning.

• Design and implement cutting-edge analytics to optimize risk-return trade-offs and drive sustainable portfolio growth.

• Establish rigorous processes for defining and monitoring risk appetite, with a focus on climate-related exposures.

• Blend quantitative models with qualitative insights to enhance innovation and accelerate problem-solving.

• Evaluate and interpret results from third-party catastrophe models, integrating them into internal risk frameworks.

• Collaborate with internal stakeholders across Risk, Finance, Strategy, and external model providers to align on climate risk methodologies and findings.

• Prepare and deliver high-quality presentations and reports to senior management, highlighting key climate risk exposures, performance expectations, and strategic opportunities.

• Ensure all risk activities comply with regulatory standards and internal policies, maintaining a strong control environment and promoting a culture of ethical risk-taking.

Essential Skills & Experience:

• Background in a quantitative field (math, physics, engineering, computer science), economics or natural sciences

• Strong programming skills in Python for data analysis and model development.

• Ability to communicate complex quantitative concepts to non-technical stakeholders.

• Proven ability to work independently and collaboratively in a cross-functional environment.

Desirable Skills:

• Understanding of portfolio risk management concepts and catastrophe/climate risk modelling.

• Potential to lead technical project teams from project initiation through development, validation and final delivery to stakeholders.

• Experience with data visualization tools and reporting dashboards is a plus  big data processing, visualization tools and reporting

• Exposure to ESG sustainability or climate-related topics and financial risk frameworks.

• Proficiency in C++, R, SQL, or SAS.

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

This role is based in our Prague Location.