Purpose of the role
Portfolio Hedging & Optimization (PH&O) structures and executes risk transfer trades. Primary responsibility of this role is to support with the origination and ongoing management of these structured trades.
Accountabilities
Partner with internal Structuring, Treasury and Middle Office to execute new structured transactions, as part of a deal team. .
Ongoing management and optimization of the structured transactions, partnering with internal teams and external parties such as law firms/verification agents, rating agencies and agent banks. .
Together with relationship/Sales teams, support with investor engagement including queries related to existing and prospective transactions .
Support of wider portfolio optimization initiatives as well as analytics, returns and model enhancements. .
Analyst Expectations
To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
Requires in-depth technical knowledge and experience in their assigned area of expertise
Thorough understanding of the underlying principles and concepts within the area of expertise
They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
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 develop technical expertise in work area, acting as an advisor where appropriate.
Will have an impact on the work of related teams within the area.
Partner with other functions and business areas.
Takes responsibility for end results of a team’s operational processing and activities.
Escalate breaches of policies / procedure appropriately.
Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
Advise and influence decision making within own area of expertise.
Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
Make evaluative judgements based on the analysis of factual information, paying attention to detail.
Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
Guide and persuade team members and communicate complex / sensitive information.
Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.
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 Barclays as a Portfolio Hedging & Optimization, Analyst, where you will support the assessment, structuring, and execution of new Significant Risk Transfer (SRT) transactions, including due diligence, portfolio construction and transaction structuring. You will also, coordinate with internal deal teams and external partners, including legal counsel and investors, to support documentation review, negotiation, and execution processes. You will also, support the ongoing maintenance and enhancement of the SRT transactions, including replenishment, credit event and cashflow processes, and reporting obligations. Identify and facilitate process enhancements to improve SRT program efficiency. Contribute to strategic efforts, including the preparation of materials for senior forums and strategy making. Support senior management in responding to regulatory, audit, and governance queries. Engage with a broad range of internal stakeholders (e.g. Treasury, Risk, Quantitative Analytics, Middle Office) and external parties.
To be successful as a Portfolio Hedging & Optimization, Analyst, you should have experience with:
Effective communication with both internal and external stakeholders
Decision support and recommendation development, underpinned by quantitative and legal documentation analysis
Consistent delivery of high-quality output under tight timelines, with the ability to adapt to changing circumstances and operate with a collaborative, team-oriented mindset
Operational process design and optimization, with a demonstrated history of improving efficiency and productivity
Some other highly valued skills include:
General understanding of the SRT (Significant Risk Transfer) transaction structure and broad knowledge of the market
Understanding of corporate loan portfolio management and the associated credit risk
Excellent follow-through, demonstrated sense of ownership and a willingness to contribute across both evaluative and operational aspects of transaction execution
Detail-oriented, and comfortable operating in fast-paced execution environments while guiding multiple priorities
Quantitative foundation and demonstrated ability to apply interpretative thinking to multi-layered project and transaction-oriented problems
You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, as well as job-specific technical skills.
This role is located in New York, NY.
This role is regulated by FINRA and FCA.
Minimum Salary: $100,000
Maximum Salary: $125,000
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.
Skills Required
- Experience with structured transactions and risk management
- Strong communication skills with stakeholders
- Quantitative skills for data analysis
- Understanding of corporate loan portfolio management
- Operational process design and optimization experience
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.
