Skip to main content

?
Helpdesk
Click here to connect with our resourcing helpdesk team

Treasury Risk Manager

London, United Kingdom

Apply for job

Date live: 23/01/2025

Business Area: Risk

Area of Expertise: Risk and Quantitative Analytics

Contract: Permanent

Reference Code: JR-0000010553

hero image
Apply for job

Barclays Risk

In Risk Barclays develops, recommends, and implements controls and cost-effective approaches to minimise Barclay's risks, identifies and analyses potential sources of loss to minimise risk and estimate the potential financial consequences of an occurring loss.

See your commute

Explore location

Exciting Opportunity in Treasury Market Risk!

This role offers a unique challenge within Treasury Market Risk, positioning you at the forefront of managing the Treasury Liquid Asset Buffer and Funding & Risk portfolios. You will be part of a dynamic team whose proactive and innovative risk management strategies will drive key business decisions and maximize value across the Bank.

Some key responsibilities for the role holder will be to

  • Provide review and challenge of the financial risks related to the Treasury Funding and Investment businesses across all legal entities.

  • Develop a detailed understanding of the Treasury Funding and Investment businesses in order to ensure all market risks are identified, understood, and measured appropriately. Candidate is expected to not only understand these risks, but offer subjective review and challenge of financial risks being taken in the business, and effectively communicate this to a wide range of senior managers in 1st and 2nd line.

  • Engage regularly with Front Office to discuss and assess market events and investment strategies.

  • Monitor market activity and provide P&L review and analysis with respect to market movements and risk exposures. Prepare management updates on portfolio profile and top risks.

  • Ensure exposures are within limits: lead any conversations with regards to limit extensions/reductions.

  • Ensuring compliance with Group Risk policies and standards in compliance with the Group ERMF. Maintain and execute risk controls.

  • Prepare longer term risk reviews and deep dives on current market themes (political, economic or regulatory) and the impact on our positions.

  • Assist with IT projects relating to migrations and/or new product approval.

  • Support BBPLC TCR tasks relating to capital encumbrance of derivatives and potential losses due to Additional Termination Event clauses.

  • Help support more junior colleagues in TFI Risk, and the wider Risk function.

To be successful as a Treasury Market Risk Manager, you should have

  • Degree / MSc in a quantitative discipline.

  • Understanding of interest rate, FX, inflation and credit risk.

  • Knowledge of fixed income products, the inherent risks and how to mitigate them.

  • Remain current on market themes, central bank policy outlook etc.

  • Working knowledge of VBA and SQL

  • Quick learner with an interest in market risk and fixed income products.

  • Good communication skills and strong team player

  • Excellent problem solving and analytical skills

  • Ability to work under pressure and adhere to strict deadlines.

  • Ability to think creatively and to challenge the norm.

Some other highly valued skills may include

  • Experience working in stress testing, with exposure to EBA/BOE stress tests.

  • Experience of risk monitoring and control frameworks.

  • Experience of financial products, derivatives and structured products (including swaps and options), their pricing and their use in market risk management.

  • Understanding of mechanisms for quantifying and hedging direct and indirect non-traded market risks.

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 and digital and technology, as well as job-specific technical skills.

Location: London

Purpose of the role

To safeguard the bank's financial stability by managing interest rate risk in the banking book, primarily associated with Asset Liability management risk activities including Treasury funding and investment positions in the banking book.

Accountabilities

  • Analysis of the bank's asset and liability profile, including maturity mismatches, interest rate sensitivity, and cash flow projections.
  • Development and implementation of investment risk and asset liability risk management frameworks and policies in line with regulatory requirements and internal risk frameworks.
  • Monitoring and reporting on key Asset liability risk management metrics, such as net interest income sensitivity, economic value of equity sensitivity and duration gap.
  • Identification, assessment, and monitoring of risks associated with the bank's investment portfolio, including market risk (interest rate, equity, FX), credit risk, and operational risk.
  • Performance of stress testing and scenario analysis to assess the impact of potential macro economic scenarios on the Banking book portfolio.

Vice President Expectations

  • Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
  • Manage and mitigate risks through assessment, in support of the control and governance agenda.
  • Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
  • Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
  • Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
  • Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
  • Adopt and include the outcomes of extensive research in problem solving processes.
  • Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills 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.

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.

We’re a global, vital and highly respected financial organisation with an inspiring Purpose. Operating in 39 countries and employing around 100,000 people across the world, we help communities, individuals and businesses thrive. And we’ve created financial solutions and technology that the world now takes for granted. A career with us can offer incredible variety, depth and breadth of experience, and the chance to learn from some of the best minds in technology and finance.

To find out more about Barclays' strategy please click here.

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.

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.

This is Barclays London

Our global HQ is in Canary Wharf, at the heart of London’s financial district. There are over 10,000 colleagues here – a hugely diverse workforce made up of the world’s best financial and tech talent. If you love the buzz of city life, this is the place to be.

Cycle or run to work? We’ve got everything you need – from cycle hire and parking areas to new showering and changing facilities.

CoSpace is our drop-in co-working space, where networks are built, problems are solved collectively and our community is strengthened.

Our Wellness Suite includes a well-equipped gym and exercise studios, and provides personal training sessions and massage therapy.

Our new trading floors enhance communication, integrate sustainability, and support health and wellbeing through innovative design and British-sourced furniture.

This is Barclays London

Our global HQ is in Canary Wharf, at the heart of London’s financial district. There are over 10,000 colleagues here – a hugely diverse workforce made up of the world’s best financial and tech talent. If you love the buzz of city life, this is the place to be.

Supporting active commuters

Cycle or run to work? We’ve got everything you need – from cycle hire and parking areas to new showering and changing facilities.

Time to connect

CoSpace is our drop-in co-working space, where networks are built, problems are solved collectively and our community is strengthened.

Wellbeing in focus

Our Wellness Suite includes a well-equipped gym and exercise studios, and provides personal training sessions and massage therapy.

Advanced trading floors

Our new trading floors enhance communication, integrate sustainability, and support health and wellbeing through innovative design and British-sourced furniture.

Be you. Be valued. Belong.

We celebrate the unique perspectives and experiences each individual brings, believing our differences make us stronger and drive success. Our colleague networks offer connection, support, and growth, while our "This is Me" series shares the unique stories of our colleagues. Committed to diversity, equity, and inclusion, Barclays values you for who you are and ensures you truly belong.

You can learn more about our commitment to our colleague on our DE&I page.  

Learn more

Application Process

Your application

We’ll ask for information about you, your CV and cover letter.

1

Your assessment

Covering your behaviours and ability at work.

2

Your interview

Exploring your past experiences and skills.

3

Next step

We’ll request additional information so that you can complete our screening process

4
How to ApplyRead our FAQ's
Barclays

Working flexibly

We’re committed to providing an inclusive culture and environment, that 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.

Our approach to working flexibly is designed to support you to balance your life and to accommodate diverse needs, whilst still allowing us to meet our business needs. If you’d like to request a flexible working arrangement, please discuss this with your hiring manager.

Hybrid working: Our approach to hybrid working ensures there’s the right balance of working alongside colleagues at our onsite locations, as required for each role. For business areas that offer a hybrid working experience, this will be in a structured way, where colleagues work at an onsite location on fixed, ‘anchor’, days of the week. Some roles may require full onsite working. Please discuss the working pattern requirements for the role you are applying for with the hiring manager.

We continue to embed and review our hybrid working environment and remain in a phase of testing and learning. This means that working arrangements could change, with reasonable notice, to align with the needs of our business.

Barclays is built on an international scale.

Our geographic reach, our wide variety of functions, businesses, roles and locations reflect the rich diversity of our worldwide customer base. All of which means we offer incredible variety, depth and breadth of experience.
And the chance to learn from a globally diverse mix of colleagues, including some of the very best minds in banking, finance, technology and business. Throughout, we’ll encourage you to embrace mobility, exploring every part of our operations as you build your career.

Find more information

Related content

Related Jobs


Compliance Data Model Validation Specialist

London (United Kingdom)

17 Jan
Counterparty Risk Manager

London (United Kingdom)

23 Jan
Economic Capital and non-Traded Market risk Models Validation

London (United Kingdom)

22 Jan
Financial Crime Assurance Manager

Northampton (United Kingdom), London (United Kingdom), Glasgow (United Kingdom)

22 Jan
Insurance Risk Manager

London (United Kingdom)

10 Jan