Purpose of the role
To execute trades and manage risk within a defined portfolio of financial instruments and staying 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.
Assistant Vice President Expectations
- To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
- Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
- 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 lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
- Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
- Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
- Take ownership for managing risk and strengthening controls in relation to the work done.
- Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
- Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
- Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
- Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
- Influence or convince stakeholders 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.
What will you be doing?
Barclays Capital Inc. seeks Assistant VP - Global Markets in New York, NY (multiple positions available):
Evaluate financial risks for customer/clients-related trades and flows within the LATAM FX macro flow business.
Provide solutions to clients through the market making process on LATAM FX providing liquidity on an ongoing basis.
Contribute to the performance and profit-generation for the LATAM FX business through effective trading decisions.
Provide clients and sales team with market insight related to flows, market color, trading related commentaries and trade ideas on an ongoing basis.
Grow the LATAM FX trading and market making franchise working alongside the sales team to improve the Barclays Trading team as a visible leader in the LATAM FX franchise.
Drive pricing/quote risk valuation for the LATAM FX Macro transactions as well as hedging instruments.
Provide ongoing effective delivery of trading desk positions, risk and profit/loss.
Communicate regularly with top management to ensure relevant information is communicated to the trading team.
Salary / Rate Minimum/yr: $188,178 per year
Salary / Rate Maximum/yr: $250,000 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.
Skills Required
- Experience executing trades and market making in FX, specifically LATAM FX.
- Proven risk management and portfolio monitoring experience for trading desks.
- Ability to analyze global financial markets, economic indicators, news, and geopolitical events to inform trading decisions.
- Experience pricing/quote risk valuation and using hedging instruments.
- Track record of contributing to trading desk P&L and providing trade ideas and market commentary.
- Strong communication skills to convey complex information and influence stakeholders and senior management.
- Experience collaborating with research analysts, sales teams, and other functions to gather market insights.
- Leadership or people-management experience, including setting objectives, coaching, and performance appraisal (if role includes leadership responsibilities).
What We Do
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 83,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
