Futures Electronic Trading Coverage

Barclays Bank Plc; City of Westminster; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading financial institution in the United Kingdom seeks a highly motivated professional to join their Listed Derivatives coverage team. This role focuses on managing client execution requirements and expanding the firm's footprint in listed derivatives. The successful candidate will execute trades, manage risks, and enhance client engagement with a strong quantitative and analytical mindset. Experience in vendor execution platforms and effective relationship-building is essential for success in this position.

Qualifications

• Proven experience with vendor-based execution platforms such as Fidessa.
• Understanding of futures venues and product characteristics.
• Effective skills in engaging clients and building relationships.
• Attention to detail to minimise execution risk.
• Product experience with listed derivatives or cash equities.
• Ability to consume and extract MIS content.

Responsibilities

• Execute buy and sell orders of financial instruments.
• Monitor global financial markets for trading opportunities.
• Manage and monitor trading portfolio risks.
• Collaborate with analysts for informed trading decisions.
• Drive strategy and make recommendations for change.

Skills

Vendor-based execution platforms

Client engagement

Attention to detail

Listed derivatives

Programming knowledge (Python)

Analytical ability

Job description

Overview

Join us at Barclays as we seek to grow our Listed Derivatives coverage team within the Futures Electronic Trading Desk. We are looking for a candidate with a strong quantitative mindset and proven expertise in supporting execution platforms, combined with experience in listed derivatives. In this role you will act as the primary point of contact for clients, managing their day‑to‑day execution requirements with a focus on our trading platform while driving growth by expanding our client footprint and contributing to the evolution of our product offering. You will be responsible for expanding our single‑dealer footprint and for the use of our listed derivatives algorithmic trading suite, including the synthetic spreader, while effectively managing both existing and prospective client relationships across all execution‑related needs. The expectation is to deliver best‑in‑class coverage, high levels of client engagement, and an exceptional client experience. You will also execute trades, manage risk within a defined portfolio of financial instruments, and stay informed about market trends and developments to make informed trading decisions.

Responsibilities

• Execute buy and sell orders or price liquidity in various financial instruments while adhering to the bank’s trading strategies and risk parameters.
• Monitor and analyse global financial markets, economic indicators, news, and geopolitical events to identify trading opportunities and assess market risks.
• Manage and monitor the risk associated with the trading portfolio and ensure compliance with regulatory and internal risk‑management guidelines.
• Collaborate with research analysts and other teams to gather insights and information for trading decisions.
• Contribute to strategy, drive requirements, and make recommendations for change; plan resources, budgets, and policies; manage and maintain policies/processes; deliver continuous improvements; and elevate breaches of policies and procedures.
• If managing a team, define jobs and responsibilities, plan for the department’s future needs and operations, counsel employees on performance, and contribute to pay decisions/changes. Lead specialists to influence departmental operations in alignment with strategic and tactical priorities while balancing short‑ and long‑term goals and ensuring that budgets and schedules meet corporate requirements.
• If the position has leadership responsibilities, demonstrate a clear set of leadership behaviours to create an environment where colleagues thrive and deliver consistently excellent results. The four LEAD behaviours are: L‑Listen and be authentic, E‑Energise and inspire, A‑Align across the enterprise, D‑Develop others.
• As an individual contributor, be a subject‑matter expert within your discipline, guide technical direction, lead collaborative multi‑year assignments, guide team members through structured assignments, identify the need for inclusion of other areas of specialisation to complete assignments, 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 organisational functions to contribute to achieving business goals.
• Collaborate with other areas of work to keep up to speed with business activity and 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 to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

Qualifications & Skills

• Proven experience with vendor‑based execution platforms such as Fidessa.
• Understanding of futures venues and product characteristics.
• Effective skills and experience in engaging clients and building relationships, ideally in a Front Office client capacity.
• Attention to detail to minimise execution risk when proposing or resolving issues, working at pace to prioritise tasks.
• Product experience with listed derivatives or cash equities.
• Ability to consume and extract MIS content, including TCA.
• Some programming knowledge, ideally with Python.
• Experience presenting to Buy‑Side clients.
• Exposure to vendor platforms utilised across the industry.
• Analytical ability relevant to risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, and job‑specific technical skills.

Values

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