US Product Development VP - Strategic Transactions Group

6750 BBPLC NY Branch; New York (NY); On-site; USD 150,000 - 210,000; Full time

Job summary

Barclays in New York, NY seeks a US Product Development VP for the Strategic Transactions Group to structure and execute complex tax-focused deals. You will serve as the technical expert guiding transactions through governance, while coordinating with external counsel and senior stakeholders across the bank.

The role emphasizes leading multi-year engagements, building deal models, and ensuring robust controls and risk management in a fast-paced environment.

Qualifications

• JD required and bar admission in NY or ability to obtain
• US tax technical experience in top-tier firm or bank
• Strong written and verbal communication skills and Excel proficiency
• Holistic, creative problem solving grounded in technical rules and uncertainties

Responsibilities

• Structure, execute and manage complex transactions with tax, accounting, regulatory capital benefits.
• Engage with counterparties, counsels and external advisors to secure governance approvals.
• Develop deal models outlining financial, tax and economic benefits over the transaction life cycle.
• Lead the governance process including tax, board and Exco approvals and documentation.
• Collaborate with senior stakeholders across the organisation to identify strategic opportunities and manage risk.

Skills

US tax knowledge

Strong communication

Team leadership

Education

JD degree

Undergraduate quantitative degree

LLM in Tax

CPA/CFA certification

Tools

Excel

Job description

Job Description Purpose of the role

To structure, execute and manage complex transactions and other initiatives to be implemented on behalf of Barclays as principal that provide material tax and/or capital benefits to the organisation. Accountabilities Identification of new, strategic opportunities for the organisation which would make material contributions to profit after tax (/ returns) and capital. Conception of complex transactions / solutions which are capable of being implemented to capture the potential PAT/capital benefits from strategic opportunities that have been identified. Development, implementation and ongoing management of all aspects (including robust controls) of the transactions and/or initiatives that the strategic transactions group is responsible for implementing. Engagement with counterparties to our transactions, as well as external counsel (principally corporate law and tax law), external accountancy firms (principally in relation to tax). Development and maintenance of deal models that set out the detailed terms of complex financial instruments, cash flows, accounting, tax and economic benefits associated with a transaction over its life cycle. Engagement with senior stakeholders across the organisation and taking transactions through a comprehensive set of governance (e.g. tax approvals, transaction approvals, board approvals, Exco approvals, business level approvals, product level approvals). Development, review and execution of a comprehensive suite of transaction documentation, in conjunction with external counsel.

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 elevate 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 US Product Development VP - Strategic Transactions Group. In this role, you will have the chance to work on developing complex transactions from a tax, accounting, regulatory capital, and financial perspective. You will also serve as the technical expert for transactions as they progress through governance and implementation and will lead discussions with external advisors and critical stakeholder functions along the way. Maintaining collaborative relationships with key stakeholder functions and business partners will be critical in managing the approvals and execution process, as well as identifying new opportunities. This team values institutional knowledge so there is significant opportunity for long-term career growth.

Key Qualifications

• A JD degree
• Substantive working experience in a US tax-technical capacity in a top-tier law firm, investment bank or similar organization
• Demonstrated written and verbal communication skills and comfort with Excel
• A holistic, creative approach to problem-solving grounded in a rigorous understanding of technical rules, facts, and uncertainties
• A team-oriented, self-starting, and mature mindset with a willingness to grow

Other Highly Valued Skills and Experience

• Undergraduate degree in quantitative discipline (e.g., Economics, Finance, Engineering, or Math) or prior quantitative work experience
• LLM in Tax or advanced coursework
• Accounting proficiency (as demonstrated by CPA/CFA or accounting coursework/experience)

You may be assessed on the 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.

This role is based in New York, NY. This role is regulated by FINRA.

Minimum Salary: $150,000 Maximum Salary: $210,000 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.

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.