Portfolio Hedging & Optimisation Modelling

London, United Kingdom

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Date live: Sep. 09, 2024

Business Area: Corporate Banking

Area of Expertise: Investment Banking

Reference Code: JR-0000010749

Contract: Permanent

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Become part of Portfolio Hedging & Optimisation (PH&O) team within Wholesale Lending at Barclays Corporate and Investment Bank. The team is responsible for global credit hedging and financial resource optimization of the lending portfolio. They manage the Colonnade SRT programme, and also oversee lending returns optimization, portfolio modelling, and strategic capital initiatives.

The Vice President in this role will assist with quantitative portfolio modelling, data analytics, and operational enhancement, focusing on the SRT (Significant Risk Transfer) programme and on our lending returns framework. Key responsibilities include optimizing transaction modelling algorithms, developing quantitative tools for risk management, performing portfolio analysis, and supporting regulatory reporting and data quality improvements. The ideal candidate will have a strong analytical background, experience with large datasets, and knowledge of bank capital regulations, along with skills in Excel, SQL, Python, or R. Experience in SRT products and market structure, as well as a degree in a quantitative field, is highly desirable. This role is based in London. You may be assessed on the key critical skills relevant for this role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

Purpose of the role

The PH&O Vice President will assist the team in quantitative portfolio modelling, data analytics and operational enhancement, in particular as they relate to Barclays SRT programme, and other initiatives designed to support capital management and lending returns optimisation.

Accountabilities

SRT analytics and optimisation:

Prepare and recommend internal business side analytics required to plan and optimise future structures so as to best achieve targets as communicated by senior management
Develop and optimise algorithms supporting transaction modelling
Develop quantitative tools to enhance the risk management and operational efficiency of the programme
Understand and explain underlying risk metric movements of SRT portfolio
Collaborate with internal partners on the development of proprietary applications
Perform portfolio analysis to evaluate the performance of the SRT programme
Support technology partners in the development of monitoring and analytical tools
Provide ongoing analytical support to external investors
Support efforts to improve data quality and controls across wholesale lending
Support data-driven improvements in monitoring and oversight of key transaction management processes
Understand and optimise our regulatory reporting
Work alongside wider PH&O Team to identify opportunities for expanding the scope of the programme and lowering transaction cost for the business

Capital management and lending returns optimisation:

Develop and enhance the firm’s client relationship return and pricing analytics suite and capabilities
Support development and review of portfolio modelling initiatives covering lending, funding and capital optimisation
Provide senior management with critical insights into regulatory and modelling change and impacts on lending profitability

Vice President Expectations

Develop and enhance the firm’s client relationship return and pricing analytics suite and capabilities
Support development and review of portfolio modelling initiatives covering lending, funding and capital optimisation
Provide senior management with critical insights into regulatory and modelling change and impacts on lending profitability
Build strong working partnerships with numerous stakeholders across the firm, including Treasury, Finance, Risk, QA and Front Office teams
Demonstrate good understanding and analysis of credit portfolio and securitisation modelling with the ability to support and challenge other members of the diverse deal team

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.

More about working at Barclays

Barclays offices across the UK are designed to be places where our people can come together to do their best work, surrounded by excellent facilities for both work and leisure. These are warm, diverse, supportive communities in some of the UK’s best locations, where everyone can thrive.

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.

Barclays welcomes applications from all candidates and is committed to ensuring reasonable adjustments (accommodations) are put in place to allow for a fair and inclusive recruitment process. For more information and how to request one, please review Adjustments to the recruitment process.

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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 Carer, 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.

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While the application process depends on the role, there are some constant steps, which are;

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We aim to create an inclusive work environment where everyone can reach their full potential. If you require any adjustments to our recruitment process, please click here to learn more.

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Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.
We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

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