VP, Associate, Sales, and Trading

Barclays UK; New York (NY); On-site; USD 196,000 - 205,000; Full time

Job summary

A leading financial institution is seeking a VP, Associate in Sales and Trading to execute trades and manage risks within a defined portfolio. The role involves analyzing market trends, executing buy and sell orders, and collaborating with various teams to inform trading decisions. Candidates should possess strong analytical skills and experience in risk management, with a focus on building client relationships.

Benefits

Incentives through Employee Referral Program

Qualifications

• Experience in trading and risk management.
• Strong analytical skills and understanding of financial markets.
• Ability to cultivate client relationships.

Responsibilities

• Price, execute, and hedge client flows on interest rate options.
• Monitor trade flows and collaborate on operational tasks.
• Manage risk associated with the trading portfolio.

Skills

Risk Management

Market Analysis

Client Relationship Management

Quantitative Analysis

Education

Bachelor's degree in Finance or related field

Job description

What will you be doing?

Barclays Bank PLC seeks VP, Associate, Sales, and Trading in New York, New York (multiple positions available):

1. Price, execute, and hedge client flows on interest rate options.
2. Make bid or offer quotes based on analysis of market movements, risk tolerance, and clients' investment objectives.
3. Identify pricing parameters, analyze risk drivers, and conduct stress testing to determine fair prices for complex and atypical trades.
4. Responsible for dynamic risk management.
5. Monitor trade flows and collaborate with MO on trade bookings, option expiries, and other operational tasks.
6. Identify trading opportunities and develop solutions for client needs through RV analysis and understanding of economic outlook and trading dynamics.
7. Collaborate with Quants to develop and refine advanced quantitative pricing and risk management models and tools.
8. Improve desk work efficiency by automating reports on risk summaries, trade simulations, position analysis, etc.
9. Cultivate client relationships and attend client meetings.
10. May telecommute.

Salary / Rate Minimum/yr: $196,150 per year

Salary / Rate Maximum/yr: $204,500 per year

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 position is eligible for incentives pursuant to Barclays Employee Referral Program.

Purpose of the role

To execute trades and manage risk within a defined portfolio of financial instruments and stay 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.

Vice President Expectations

• Contribute to or set strategy, drive requirements, and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/processes; deliver continuous improvements; and escalate breaches of policies/procedures.
• If managing a team, define roles and responsibilities, plan for future needs, and manage operations, while coaching and developing team members.
• Demonstrate leadership behaviors: Listen and be authentic, Energize and inspire, Align across the enterprise, Develop others.
• For individual contributors, be a subject matter expert, guide technical direction, lead assignments, and mentor less experienced staff.
• Advise stakeholders and senior management on functional and cross-functional impacts and alignments.
• Manage and mitigate risks, demonstrating leadership in risk management and controls.
• Understand organizational functions to contribute to business goals.
• Collaborate across areas to stay aligned with business strategies.
• Develop solutions based on complex analysis and research, employing innovative thinking.
• Build and maintain trusting relationships with stakeholders to achieve business objectives through influencing and negotiating skills.

All colleagues are expected to demonstrate Barclays Values: Respect, Integrity, Service, Excellence, and Stewardship, as well as the Barclays Mindset: Empower, Challenge, and Drive.