Skip to main content

Date live: Apr. 16, 2024

Business Area: Barclays International

Area of Expertise: Trading

Reference Code: 90381922

Contract: Permanent

Salary / Rate USD 155000 to 250000

Securitized Products Vice President – Residential Warehouse Trader
New York, NY

This role is regulated by FINRA.

As a Barclays Securitized Products Vice President – Residential Warehouse Trader, you will join the Securitized Products team that manages the residential loan portfolio business.  In this role you will assess market value of portfolios, set trade level haircut, and spread for each product that the business is mandated to lend against. You will work with internal risk partners to monitor and formulate risk parameters, provide guidance for the business platform governance and development and maintain/enhance client relationships in close partnership with the internal team.

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?

•    Being the subject matter expert overseeing the development of a robust financing platform in deal lifecycle activities related to US Residential warehouse financing
•    Leading and managing client engagement in tandem with origination teams, trade structuring, pricing & execution, and post trade life cycle management 
•    Accounting for review and signoff on daily P&L, risk exposures, hedges, and various other market driven metrics
•    Working on materials related to present to capital committees and credit risk for respective transaction approvals
•    Operating alongside infrastructure partners in supporting activities related to trade booking and settlement issues through to stress loss simulations
•    Working with technology on enhancement of internal infrastructure, architecture and automation to ensure scale and sustainability 
•    Partnering with Business Control Officer (BCO)and compliance partners to maintain a control environment

What we’re looking for:

•    Bachelor’s Degree 
•    Experience in RMBS(Residential Mortgage Back Securities), warehouse trading, and structured products/ finance
•    Proficient with Microsoft Office (Word, Excel, PowerPoint, Outlook)

Skills that will help you in the role:

•    Ability to work in a dynamic, fast-paced and high pressure environment 
•    Good verbal and written communication skills to drive franchise business 
•    Knowledge of trading infrastructure and systems is a plus

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-MA2022

USD 155000 to 250000

More about working at Barclays

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.

Learn more

Purpose

Working together for a better financial future.

Values

We believe great talent RISES. It acts with Respect, Integrity, Service, Excellence and Stewardship.

Mindset

We discover our full potential through our desire to Empower, Challenge and Drive each other.