This role is FINRA regulated.
Join us as a Liquidity Financing/ Prime Trading AVP at Barclays on the US Securities Lending Desk, focused on ETFs, where you’ll play a crucial role and be primarily responsible for providing liquidity in helping to facilitate hedge fund clients and internal desk short positions. You will interact daily and manage relationships with lenders such as custodian banks, agent lenders, retail brokers, broker/ dealers and other market participants as you work to position the book accordingly, while actively looking to manage risk appropriately. The role will require understanding of the equity markets and various hedge fund strategies in order to manage financing inventory and facilitate client short strategies.
You may be assessed on key critical skills relevant for success in the role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job specific technical skills.
To be successful in this role you should have a prior experience in trading, prior experience in securities finance, working knowledge of operations and settlements functions and its interaction with the front office
to help streamline business processes and ability to juggle multiple priorities while delivering under pressure. Along with it, good in interacting with colleagues and clients as well as prior experience with Microsoft Office products such as Excel and PowerPoint are also required.
Additional relevant experience in working with internal partners including Financing Sales, Origination Sales, Equities Sales & Trading, Client Service and Capital Introductions in order to structure and facilitate client needs. In addition, series 7, 63, 57 are also highly preferred.
Salary / Rate Minimum: 125,000
Salary / Rate Maximum: 175,000
The minimum and maximum salary/ rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.
This role is based in New York.
Purpose of the role
To execute trades and manage risk within a defined portfolio of financial instruments and staying informed about market trends and developments to make informed trading decisions.
Accountabilities
- Execution of buy and sell orders or pricing of liquidity in various financial instruments while adhering to the bank's trading strategies and risk parameters.
- Monitoring and analysis of global financial markets, economic indicators, news, and geopolitical events to identify trading opportunities and assess market risks.
- Management and monitoring of the risk associated with the trading portfolio and ensuring compliance with regulatory and internal risk management guidelines.
- Collaboration with research analysts and other teams to gather insights and information for trading decisions.
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.
