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Date live: May. 19, 2022

Business Area: COO & Functions

Area of Expertise: Risk and Quantitative Analytics

Reference Code: 90330046

Contract: Permanent

Electronic Trading Market Risk Manager
New York

As a Barclays Electronic Trading Market Risk Manager you will join the eTrading Market Risk Management team which sits within the broader Market Risk Management department. The team are responsible for overseeing the electronic trading initiatives in the Americans region. You will provide second line risk oversight for electronic trading activities across Equities, Rates, FX and Credit. Using your knowledge and experience, you will ensure and drive consistency of controls for electronic trading initiatives, with particular focus on financial risks.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

What will you be doing?

•    Overseeing the electronic product initiatives, ensuring a robust risk control framework is established
•    Evaluating the design of the risk controls is fit for purpose, and reviewing the risk limits established to ensure they are effective in mitigating financial risk
•    Challenging the testing strategy of the risk control framework for any software deployment
•    You will be collaborating with the Technology teams, driving improvements to processes via automations
•    Working with the asset class market risk managers for the approval of any intraday risk limits, and limit methodologies
•    Analyzing and reviewing historical utilization traded data to calibrate limit values at which controls are set
•    Conducting monitoring of risk control triggers and prompting investigations where required
•    Proactively identifying process and control gaps by reviewing ongoing risk events or issues, and work with the stakeholders on remediation efforts from lessons learned

What we’re looking for:

•    3+ years relevant work experience in a relevant field (e.g. Algo Trading, statistical modelling, eTrading technology, eTrading Risk such as Operational or Market Risk)
•    MBA or Masters in a quantitative field

Skills that will help you in the role:

•    Working knowledge of Equities markets, in particular products traded through algorithms
•    Understanding of Rules and Regulations on electronic trading (MIFID II, PRA SS5/18, US Market Access, etc.)
•    Experience with testing algo strategies/systems

Where will you be working?

You will be working at our Americas Headquarters at 745 Seventh Avenue. This 37-story office tower is located in Times Square in the heart of Manhattan and features a cafeteria, fitness center and state-of-the-art LED signage on the facade of the building.

LI – RM2021

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