Capital Optimization VP

New York, United States

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Date live: Sep. 18, 2024

Business Area: Global Markets

Area of Expertise: Markets

Reference Code: JR-0000011514

Contract: Permanent

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Step into your next exciting role as a Capital Optimization VP. In this role, you will support RMG – Business Optimization. There will be an emphasis on the management of Financial Resources (viz. Capital) for the Liquid Financing business, across all products, regions and entities. Your role will have a specific focus on tactical optimization and strategic optimization of the financial resources for all global Barclays entities. Additionally, you will help the firm navigate through a period of rapid regulatory changes (Basel 4, SA-CCR, FRTB).Your role would further involve responsibility for areas such as analytics development, updates to Liquid Financing Management and Sales teams. You will also be the subject matter expert and providing guidance to help optimize financial resource consumption within the Business Optimization mandate of RMG.

To be successful as a Capital Optimization VP, you should have:

• Graduate degree in Math, Engineering, Finance, or related field

• Extensive experience in financial services firm or institution

• Working technical knowledge of BCBS Regulations along with knowledge of jurisdictional nuances, as well as US GAAP and IFRS considerations.

• Understanding of current and upcoming banking regulations

• Considerable MS Office skills (Excel, PowerPoint)

Some other highly valued skills may include:

• Ample quantitative and analytical background, with excellent problem solving skills

• Prior experience with Business Intelligence Tools like Business Objects and QlikView, as well as relational databases and SQL

• Knowledge of Liquid Financing and Clearing business, operating models and regulatory capital considerations

• Ability to work independently, demonstrating ownership and ability to prioritize work under pressure

• Hardworking, with an eye for detail

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.

This role is located in New York, NY.

Minimum Salary: $155,000

Maximum Salary: $250,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available.

Purpose of the role

To manage, optimise and control financial resources and portfolio-wide services with a view to building a true competitive advantage.

Accountabilities

Development and implementation of strategies to optimise the allocation and utilisation of financial resources, maximising returns while ensuring compliance with group targets and regulatory requirements.
Financial analysis, including risk assessments and scenario planning, to support decision-making and resource allocation.
Collaboration with business stakeholders to develop financial plans, budgets and forecasts aligned with organisational objectives.
Monitoring and assessment of financial resource consumption against established benchmarks and key performance indicators (KPIs).
Identification and mitigation of financial risks through the implementation of risk management strategies and controls.

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.

More about working at Barclays

From New York to Nevada, our Barclays US offices are places where we’ve brought work and wellbeing together to create environments where our people can be at their very best. These are warm, welcoming and diverse communities where everyone’s contribution is recognised and celebrated.

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.

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 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.

We're committed to providing a supportive and simplified experience for our candidates throughout the application and assessment process. Here, you will find information about what to expect and some guidance around your assessment and interview.

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

Step 1 - Your application
Step 2 - Your assessment
Step 3 - Your interview
Step 4 - Next steps

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.

Find out more information 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.

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.

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