Collateral Management Vice President - Prime Margin

2755 Barclays Services Corpor; United States; On-site; USD 140,000 - 195,000; Full time

Job summary

Barclays in Whippany, NJ is seeking a Collateral Management Vice President - Prime Margin to lead operations within the collateral management area, drive risk controls, and align with regulatory requirements under FINRA.

You will manage a team, set KPIs, partner with Front Office, Risk, Credit and Technology, and push through changes that simplify processes, automate tasks, and improve client experience, while ensuring adherence to budgets and SLAs.

Qualifications

• Comprehensive knowledge of Prime Brokerage, Collateral Management, Margin or Global Markets Operations.
• Strong people management with the ability to lead teams and manage escalations.
• Risk-based mindset with experience improving processes and delivering sustainable solutions.
• Ability to influence across Front Office, Risk, Credit, Product, Technology and Operations.

Responsibilities

• Identify trends and opportunities to improve areas and develop new processes from operation data and performance metrics.
• Manage operations for a business area and promote efficient processes, risk management and compliance initiatives.
• Collaborate with internal and external stakeholders to support operations and align with SLAs and objectives.
• Develop KPIs to measure effectiveness and drive continuous improvement, leveraging data and technology.

Skills

Prime Brokerage

Collateral Management

Margin

Global Markets Operations

People Management

Risk & Control Mindset

Stakeholder Management

Change Leadership

Analytical Thinking

Communication

Job description

Job Description

Purpose of the role To manage operations within a business area and maintain processes, risk management initiatives and compliance with relevant regulators.

Accountabilities

Identification of trends and opportunities to improve areas and develop new process and procedures through the monitoring and analysis of operation data and performance metrices. Management of operations for a business area and promote efficient processes, risk management and compliance initiatives to support the bank's operations. Collaboration with internal stakeholders (including business leaders, project manager and SMEs) and external stakeholders (including vendors and service providers) to support business operations and promote alignment with the bank's objectives and SLAs. Management of operational professionals and provide guidance, coaching and support to improve colleagues' delivery quality. Management and development of KPIs to measure the effectiveness of operation functions, utilising data and technology to support the identification of areas that require improvement. Compliance with all regulatory requirements and internal policies related to customer experience. Creation of a safe environment for colleagues to speak up, actively and regularly encourage and solicit feedback to ensure people agenda remains focused on the right areas. Management of attrition by working closely with HR in implementing retention initiatives for work force.

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 escalated 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.

The four LEAD behaviours are:

• L - Listen and be authentic
• E - Energise and inspire
• A - Align across the enterprise
• D - Develop others

To be successful in your role as a Collateral Management Vice President - Prime Margin, you should have:

• Comprehensive knowledge of Prime Brokerage, Collateral Management, Margin or Global Markets Operations
• Demonstrated people management capabilities with the ability to manage teams, problematic issues, and senior-level escalations
• Well-developed risk and control mindset, with experience strengthening processes and delivering sustainable solutions
• The ability to influence and build relationships across Front Office, Risk, Credit, Product, Technology and Operations
• A history of successfully driving change, simplification, automation, and continuous improvement

Other highly valued skills include:

• Considerable strategic, analytical, and problem-solving capabilities
• Excellent communication, stakeholder management, and executive presence
• Commercial mindset with a focus on client experience and operational excellence

This role is located in Whippany, NJ. This role is regulated by FINRA.

Minimum Salary: $140,000.00 Maximum Salary: $195,000.00 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.

Barclays employees are eligible for a suite of competitive and generous employee benefits, including medical, dental and vision coverage, 401(k), life insurance, and other paid leave for qualifying circumstances.

This position is eligible for an incentive award.

Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people. Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.