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Liquid Financing Risk Manager

New York, New York

Date live: Jun. 27, 2024

Business Area: Barclays International

Area of Expertise: Investment Banking

Reference Code: 90383065

Contract: Permanent

Salary / Rate USD 155000 to 250000

Where will you be located?

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Prime Liquid Financing Risk Manager
New York

This role is regulated by FINRA.

As a Barclays Prime Liquid Financing Risk Manager, you’ll play a key role in managing the risk in the Liquid Financing portfolio. This is an opportunity to drive projects in collaboration with IT/QA to enhance risk analytics, risk visibility and risk management in addition to providing key technical expertise to internal and external stakeholders. In this client facing role, you’ll have the chance to work with sales and prospective and existing clients of liquid financing which include most major hedge funds, pensions, asset managers etc.

Salary / Rate Minimum: 155,000
Salary / Rate Maximum: 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.

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'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.

Colleagues who have applied for 'onsite' roles are expected to work four or five days a week at the selected workplace, contingent upon their specific role and business area requirements. If you're applying for a position, please discuss the working pattern specifics with the hiring manager. It's important to note that we are constantly adapting our working environment, and as a result, working arrangements can be adjusted with reasonable notice to align with our business needs.

What will you be doing?

• Using your in-depth knowledge of global markets and market variables effecting valuation of multiple asset classes to simulate portfolio risk
• Managing quantitative analytics to understand and explain risk exposures across global client portfolios through direct data and access and development
• Being responsible for overseeing the day to day risk management of customer portfolios and risk analytics with an aim to maximize liquid financing risk adjusted returns
• Calibrating, maintaining, and managing various risk limits for liquid financing clients
• Ensuring business returns are commesurate with risk exposures, underwriting standards and financial resource consumption (capital, balance sheets and RWA

Having a close engagement with control partners to manage prudent views of risk exposures for clients and make decisions on deploying leverage solutions to clients
• Supporting clients on contract architecture, business/term negotiations, and calibrating limits and leverage solutions
• Collaborating with trading desks to develop robust liquidation protocols
• Dealing with regulators on explaining the liquid financing landscape and an understanding and articulation and management of risks facing the business through the economic cycle

What we’re looking for:

• Bachelor’s in a quantitative field, plus five years of experience in related field such as Prime Financing and a trading background
• Comprehensive understanding of financing across the asset mix and product suite (prime, clearing and repo)
• Experience in cross assets quantitative analytics, including pricing, risk analytics, liquidity assessment, margin analytics and methodologies – calibration assessment
• Experience working with large amounts of data, presenting it in simple formats, concluding analyses and perform ad-hoc risk analysis for internal stakeholders as well as clients

Skills that will help you in the role:

• Qualitative skills: personable and capable to work
• Communicative and collaborative with control partners and other colleagues within the firm and engaging with clients at senior level (CFO, Head of Treasury, and Portfolio Finance and PMs)
• Ability to decompose cross asset trading strategies and articulate risk exposures for existing and prospective clients for their existing and model portfolios

• Prior experience working and collaborating with control partners such as legal, credit risk etc. and management stakeholders on taking risk decisions

Where will you be working?

You will be working at our Americas Headquarters at 745 Seventh Avenue. This 32-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-Onsite

#LI-MC2022

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.

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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