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Trading Assistant

New York, NY

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Trading Assistant

New York, NY

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Date live: May. 03, 2024

Business Area: Barclays International

Area of Expertise: Trading

Reference Code: 90387703

Contract: Permanent

Salary / Rate USD 75000 to 85000

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Trading Assistant
New York

As a Barclays Trading Assistant, you’ll work with the Trade Capture team that sits within the Front Office and join a team that helps maintain a high degree of accuracy around trade capture. This is crucial to the firm's risk management and helps meet our regulatory and internal control requirements. Trading assistants ensure the timely and accurate capture of contractual obligations on the Firm’s systems across the Securitized Products. You will have the opportunity to work with other groups in a fast-paced and dynamic environment. 

Salary / Rate Minimum: 75,000
Salary / Rate Maximum: 85,000

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 accountable for timely and accurate booking of Trade Capture, which includes the Initial Trade Capture across Securitized Products Bond, Loan & Derivative Trading
•    Managing Lifecycle Events (product dependent but includes and is not limited to Cancellations, Re-coupon, Manual Fee Bookings, among others)
•    Managing and leading Credit Events (product dependent but includes and is not limited to Reference Obligation Changes, Credit Events, Restructuring)
•    Leading any position Changes (Backloading, Barrier Knock-Ins/Outs, Buy Backs, Assignments/Novations, Terminations (Full & Partial)
•    Accounting for the TRACE Reporting- timely and accurate approval & trade reporting in order to meet regulatory requirements
•    Assisting the team on functions such as Rematch and  Delta Neutral Auctions, Exercises, Expiry, Redemptions, Maturity, Up/Down sizes
•    Collaborating on new projects within the TCU space including, but not limited to, the coordination of testing/implementation and go live of new TCU tools 

What we’re looking for:

•    Bachelor’s Degree in Finance, Economics, Mathematics, Statistics, and over a year of experience in the Front to Back lifecycle of a trade
•    Knowledge of Financial Markets (Securitized Products) 
•    Competency and proficiency with Microsoft Suite (Outlook, Excel, Word, Powerpoint)

Skills that will help you in the role:

•    Fast learner with the ability to use their initiative and apply their knowledge to new situations.
•    Experience working within a high volume and client services environment
•    An excellent team player who responds well to high intensity and pressure environments
•    Confident and personable with the ability to develop effective working relationships with the Front Office

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

More about working at Barclays

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.

OWe 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.

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.

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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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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.

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