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Date live: Jan. 04, 2024

Business Area: Barclays International

Area of Expertise: Investment Banking

Reference Code: 90380702

Contract: Permanent

Barclays Overview

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.

We are an equal opportunity employer and we are opposed to discrimination on any grounds.

Working Flexibly

We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a career, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager.

About International Corporate Banking (ICB)

International Corporate Banking (ICB) sits within Corporate and Investment Bank (CIB) and provides client coverage and origination of Corporate banking products to Global Corporates, Financial Institutions and Fintech, Insurance, Funds & Corporate Specialist Solutions (Escrow, Securitisation & Captive Insurance) clients. The business is organised around these three sectors and regional reporting lines. The client base is diverse and many relationships are active across Corporate and Investment Banking. ICB client relationships are covered internationally with key geographies being US, UK, Western Europe and Asia, product capabilities are focussed on UK and Western Europe. The ICB has seen significant growth over the last five years and has double digit ROTE.

About Insurance, Funds & Corporate Specialist Solutions
Insurance Funds & Corporate Specialist Solutions (IFC) is a global client coverage team within ICB and provide client origination and corporate bank relationship and product coverage of clients operating in the following sectors: Insurance companies, Private Equity, Asset Managers, Securitisation Accounts, Captive Insurance, & Escrow.

Key products covered are cash management, liquidity management, debt and working capital, trade and FX . The business operates internationally with key jurisdictions being UK, Western Europe, US and Asia. Clients are covered by named Relationship Directors where they are head-quartered and locally where IFC delivers banking product for them. Many clients are jointly covered by ICB IFC and the Investment Bank coverage and Markets teams.

IFC has seen significant growth over the past years. This has been achieved through a focus on developing a client relationship team with deep industry sector knowledge, clear strategy and risk appetite, strong performance driven culture combined with a franchise culture focussed on where IFC can provide value for our clients and the Group.

The IFC and ICB team has consistently delivered strong Your View results and the key performance metrics for the business (revenue, costs, client planning and returns) have all performed strongly.

Looking forward the opportunities for IFC are to work within the CIB construct to drive closer cooperation and coverage of the CIB client set and to build out and leverage people, product and infrastructure investments we are making in the ICB franchise for example Western Europe and the US.

­­­­­­­­­­­­­­­­Overall purpose of role

The Relationship Director will be responsible for helping to implement the IFC European business plan in Germany, assuming GRD responsibilities for new and existing clients, identifying new corridor revenue opportunities and building a book of locally-based clients on a highly selective basis. This strategy leverages the ICB rollout of the replacement of the Corporate Banking Digital Platform in Spain, Portugal, France, Italy, Germany, Luxembourg, the Netherlands, and Belgium as well as our Corporate Bank capabilities in the UK, India & the UAE.

Key Accountabilities

The role holder will be accountable for:

·Developing and implementing clear client strategies by IFC sector in-country focussing on Insurance/Re-Insurance, Asset Management and Funds.

·Owning a broad book of new and existing IFC client relationships in Germany.

·Work closely with Group partners in Corporate Bank, Investment Bank, Barclaycard, Wealth and Barclays UK to ensure client strategy is defined and executed in a way which delivers maximum value for Barclays Group and our clients.

·Deliver on strategic and ad hoc projects.

·Participate in business development activities with the broader market and KPIs, for example by engaging at a senior level with law firms, professional bodies and business forums, to include presenting and external speaking at industry events.

Stakeholder Management and Leadership

·Strong communicator with good leadership skills being able to engage and partner across Barclays. Demonstrate emotional intelligence in dealings with clients and colleagues.

·Working closely with IB coverage to ensure coordinated coverage of key clients, joint CIB client plans and agreement on the most effective CIB allocation and usage of capital for clients.

·High impact - ability to influence others, for the benefit of the business. Challenge the ‘norm’ in order to ensure more effective ways of delivering to clients.

·Ability to engage effectively and with impact at a senior level internally and within client organisations up to C-Suite level.

·Develop constructive and influential senior relationships with key business partners specifically:

·Portfolio

·Credit

·Compliance

·ICB country leadership teams and specifically Western Europe CIB senior country management to communicate IFC strategy, resourcing and execution plans for the local market.

Decision-making and Problem Solving

·Comfortable dealing with large volumes of structured and un-structured data to develop strategic options and potential execution plans.

·Well-developed business development skills.

·Consistently hitting or exceeding business targets and delivering the execution of strategies.

·Experienced banker – having operated to Director level in a previous role with broad product knowledge focussing on Insurance/Re-Insurance, Asset Managers and Funds.

·Professional, values driven approach, and lead by example. Sphere of influence significant especially when successfully managing change.

·Demonstrates insight and initiative when approaching challenges and be driven to consistently deliver high performance.

·Capacity to understand market dynamics and to adjust Barclays’ industry strategy and focus from a business development and risk perspective.

·Key awareness of regulatory, political and reputational sensitivities attaching to clients and industry segments and ability to align the firm’s values accordingly.

·Technically sound and able to analyse situations to create best outcome for Barclays and the client. Regular exposure to complex clients and situations.

Risk and Control Objective

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards

·Implement and comply with the credit risk appetite and CRMC mandate for the sectors and geography covered by the role.

·Responsible for the conformance of the local IFC business to global standards and high-risk governance policies and procedures.

Person Specification

Significant experience at senior leadership level in financial services organisation or equivalent with experience on an international scale:

·Good knowledge of financial services industry (including history, trends and future development) with experience from working with Insurance Funds & Corporate Specialist Solutionsparticularly Insurance/re-Insurance, Asset Manager and Fund.

·Ability to manage and respond to feedback on Barclays business performance from investors, financial institutions, regulators and auditors.

·Ability to maintain and enhance the standing of Corporate Banking within financial and wider markets;

·Established and evidenced leadership credentials, including leading through change.

Essential Skills/Basic Qualifications:

·Track record and experience of business building and growth in the IFC sectors with a proven ability to manage complex and relentless change

·Knowledge of complex Corporate Banking product suite including Debt, Trade and Working Capital, Cash and transactional products and FX;

·For this role a strong understanding of fund finance and in particular, subscription line/capital call facilities is highly appreciated.

·Broad knowledge of risk management and control and accounting policies and financial control.

·International experience is particularly valuable.

·Fluent in business English with additional languages being a plus.

Strong strategic vision. Proven ability to:

·Contribute toward, develop and execute a strategy to drive major change.

·Drive towards a target operating model and respond to changes in the external environment.

A culture builder:

·Able to inspire loyalty to the firm as well as on a personal level at every level of the organisation.

·Ability to deliver performance consistent with the values.

·Has an immaculate ethical track record with clear proof of values and behaviours in action, consistent with Barclays stated Purpose and Values.

·Track record of delivering a strong, values based, citizenship agenda.

Relationships and Communications:

·Able to develop and maintain constructive relationships with regulators, and other key stakeholders.

·Excellent communicator with the ability to communicate and demonstrate to internal and external audiences on a wide range of topics.

Risk and Controls:

·Strong knowledge of credit and market risk management, internal control systems and financial control systems.

·Ability to effectively manage reputational risks to protect and build the Barclays brand.

Desirable skills/Preferred Qualifications:

·IFC experience within a global corporate banking organisation, especially within a division active in Insurance, Asset Management and Fund Finance.

·Ability to work within a small, ambitious and fast growing local team where flexibility and adaptability are key qualities.

CBI Regulated Role

This role is deemed as a Controlled Function role under the Central Bank of Ireland Fitness and Probity Regulations and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Purpose, Values and Mindset

We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.

Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.

Respect

We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution.

Integrity

We operate with honesty, transparency and fairness in all we do.

Service

We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.

Excellence

We champion innovation, and use our energy, expertise and resources to make a positive difference.

Stewardship

We prize sustainability, and are passionate about leaving things better than we found them.

Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.

Empower

Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.

Challenge

Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.

Drive

Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.

More about working at Barclays

The Barclays Way

This is the spirit of Barclays. It’s why we exist, what we believe and how we behave. But most importantly, it’s how we make decisions, take action and get things done.

Learn more

Purpose

We exist to provide responsible finance to people and business – but also a whole lot more.

Values

We believe great talent RISES. It acts with Respect, Integrity, Service, Excellence and Stewardship.

Mindset

We discover our full potential through our desire to Empower, Challenge and Drive each other.