US Product Development VP - Strategic Transactions Group

Barclays; New York, Northern (NY, KY); Hybrid; USD 150,000 - 210,000; Full time

Job summary

Barclays is seeking a US Product Development VP for the Strategic Transactions Group in New York. You will structure, execute and manage complex transactions delivering material tax and capital benefits to the organisation, while acting as the technical expert through governance and implementation.

You will engage with external advisors, senior stakeholders and counsel to drive deal creation, modelling and execution, contributing to the long-term growth of Barclays in a dynamic regulatory

Qualifications

• JD degree and substantial US tax-technical experience in a top-tier firm or bank.
• Demonstrated written and verbal communication skills and comfort with Excel.
• Holistic, creative problem-solving grounded in technical rules, facts, and uncertainties.

Responsibilities

• Identify strategic opportunities to improve profit after tax and capital.
• Conceive complex transactions and solutions for PAT and capital benefits.
• Develop and manage deal models covering cash flows, accounting, tax and economics.
• Engage with counterparties, external counsel and accounting firms on tax issues.
• Govern through a governance framework including tax, board and Exco approvals.

Skills

Excel proficiency

US tax expertise

Written and verbal communication

Strategic thinking

Education

JD degree

LLM in Tax

CPA/CFA

Tools

Excel

Job description

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.

To be successful as US Product Development VP - Strategic Transactions Group, you should have:

• 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 include:

• 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.

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.ox 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.