Job Description
Purpose of the role
Liquid Finance Platform covers a variety of roles and is central to the delivery of best-in-class products and services, and for the provision of strategic client and risk solutions across the full spectrum of the Prime Financing businesses.
Accountabilities
- Working with clients to optimise the Liquid Financing relationship
- Provide best-in-class service and escalation oversight
- Primary contact for Liquid Financing clients in areas such as trading, risk, billing and reporting
- Provide expertise on industry and regulatory initiatives
- Subject matter expert for our clients, with a deep understanding of each client’s business mix, operational requirements and product sensitivities
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.
Join us as a " Vice President - Global Markets" at Barclays, which is a global business that provides clients with a range of prime brokerage, execution, financing and clearing services including cross-asset class offerings for financing, clearing and execution globally. Integrated into our broader Investment Bank product offering, our prime brokerage services include equities and fixed income financing, portfolio swaps and is complemented by access to our Prime Derivatives Services (OTC Clearing, Futures and Foreign Exchange Prime Brokerage) and to our Capital Solutions team. Liquid Financing services are primarily managed from London, New York, Hong Kong and Singapore, with team members in various other strategic locations across the globe to ensure that a truly global and seamless clearing offering can be delivered to clients.
You may be assessed on the key critical skills relevant for success in role, such as experience with BA4 Global Markets, as well as job-specific skillsets.
To be successful as a Vice President - Global Markets, you should have experience to:
#1- Financing across the asset mix and product suite (prime clearing and repo).
#2- Cross assets quantitative analytics, including pricing, risk analytics, liquidity assessment, margin analytics and methodologies- calibration assessment.
#3- Qualitative skills: personable and capable to work.
#4- Prior experience working and collaborating with control partners such as legal and/or credit risk and management stakeholders on taking risk decisions.
#5- Programming experience, Python/SQL.
Some other highly valued skills include:·
#1- Understand the Prime global business, Derivative products like Futures, Options, OTC, FX PB. Create prototypes of innovative tools/models to facilitate decision and analytics for trading or risk business.
#2- Perform portfolio analysis and provide IM and Risk Analytics for ad-hoc or new perspective clients.
#3- Work on regulatory reporting and exercises like CFTC Liquidation Exercise, Residual Interest projection and Front office sponsored projects to drive efficiency and revenue.
#4- Perform analysis on P&L of the business to identify key drivers, prepare narrative for senior management and key talking points for the client coverage.
#5- Prepare and monitor various Market risk exposures and stress test results to determine the key drivers of risk for the desk. Present these to the senior Prime Management team with explanations and analysis.
Candidate is expected to have:
* Reporting and Analysis of Risk sensitivities like DV01, CS01%, various Treasury reports providing Daily Collateral, Global Revenue and Balances, region wise Interest Attribution, FX and Futures product Margining, FCM Data Analysis etc.
* Oversee and manage the future state of desk’s MIS suite and the corresponding data architecture by actively prioritizing efforts within the team and liaising with product, IT and quant teams. Get hands on with database Analytics using tools like Tableau /Qlikview/Python/SQL.
* Create prototypes of innovative tools/models to facilitate decision analytics for trading or risk business.
* Managing daily deliverables of the team in accordance with agreed SLAs.
* Ensure cross training and knowledge transfer within the team.
* This is a high-profile front office position which requires effective of engagement with a variety of internal and external stakeholders across multiples businesses in New York, London and Asia.
* Take ownership for all undertaken tasks in the team, further the efforts on knowledge management and suggest change for any process improvements.
* Demonstrate responsibility and accountability along with good communication and problem solving skills.
* Should possess strong problem solving skills and proactively provide inputs and suggestions to improve processes.
* Person should understand the systems and data to derive meaningful insights and present to the Global team for better understanding of our clients’ balances, revenue, risk and exposure.
* Excellent verbal and written communication skills as the person is required to communicate with and present to global stakeholders and management team in several forums across the Investment Banking vertical.
* Comprehensive knowledge of the financial products across business (Equities, Fixed Income, Derivatives).
* Flexible in work long hours when required and aptitude for self-learning and ability to cope well under pressure and meet deadlines.
* Ambitious and Proactive in nature, should be able to take quick decisions and be an excellent Team player.
* Understanding of Derivatives and Risk Management principles.
* We cover all regions Asia, EMEA and US. Flexibility with work times will be preferred.
* Understanding of the complexities of funding with an overlay of global markets and economics.
This role will be based out of Mumbai.
