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Date live: Apr. 05, 2024

Business Area: COO & Functions

Area of Expertise: Operations

Reference Code: 90385198

Contract: Permanent

EMEA Loan Settlements and Servicing 
Glasgow

As a Barclays EMEA Loan Settlements and Servicing, you will be working as part of the Loan Settlement team who play an integral role in booking and servicing all loans traded on the secondary market by Barclays for EMEA. Within this role, you will have oversight and management of the Distressed and Illiquids loan trade settlement. This is an exciting opportunity to manage volumes with team planning whilst also managing controls and key risk indicators.


Barclays is one of the world's largest and most respected financial institutions, established in 1690, with a legacy of success, quality, and innovation. We offer careers that provide endless opportunity – helping millions of individuals and businesses thrive and creating financial and digital solutions that the world now takes for granted.

At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home.  We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.

What will you be doing?
•    Executing life cycle notifications from Agent Banks with respect to agreed terms of facilities, including: drawdowns, repayments, rollovers, wire transfers & treasury funding 
•    Working closely with the India Settlements Team to ensure any handoffs are smooth and no gaps   
•    Overseeing the processing of complex Distressed and Illiquids restructures, partnering Loan Closing and Product Control to accurately book balance sheet and P&L transactions 
•    Remediating Front Office Back Office and P&L cash settlement breaks on Distressed and Illiquids and work with key stakeholders to maintain the integrity of Trading Desk’s P&L
•    Overseeing all Distressed and Illiquids KRIs - setting targets and ensuring resolution to high standards
•    Developing and exercising business plans, policies and procedures, and lead projects, offer innovative solutions, process improvements and cost saving opportunities


What we’re looking for:
•    Experience working within a loan trading/loan settlements process
•    Demonstrable people management experience
•    Excellent understanding of the loans business including distressed loans
•    Experience with accounting and reconciliation is a plus

Skills that will help you in the role
•    Competent at handling demanding relationships with business units and clients
•    Must think and resolve potential issues for future processing while being able to work in a team environment

Where will you be working?

Our new state-of-the-art Campus, right in the heart of Glasgow is a hub of creative collaboration. A place where everyone can bring their true selves to work and reach their full potential. Home to 5,000 of our colleagues, our Tradeston campus will support the community in more ways than one - by creating thousands of new career opportunities and celebrating local artists. A short walk from Central Station on the south of the Clyde, it will be a key location for the Barclays business that will deepen our ties with the city and its communities.

#LI-Hybrid

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