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Date live: Jan. 24, 2023

Business Area: COO & Functions

Area of Expertise: Operations

Reference Code: 90357034

Contract: Permanent

AVP Third Party Closing Team Manager
Wilmington, DE

As a Barclays AVP Third Party Closing Team Manager, you will have oversight of a team progressing a high volume of Barclays agented trades and ensuring effective client service. You will have the opportunity to managing 6 analysts reviewing trades agented by Barclays

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.

Working Flexibly

We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognizes 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 career, 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, and your request will be reviewed subject to business needs.

We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We’re flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances. 

Please discuss the detail of the working pattern options for the role with the hiring manager.

What will you be doing?

•    Liaising with trade counterparties on regular calls to discuss aged trades and issues
•    Signing trades on behalf of Barclays as agent
•    Working closely with offshore analysts who support in closing third party trades as agent
•    Liaising with the Operations trade settlements team to instruct the settlement of trades and reconcile any discrepancies
•    Keeping senior members of the loan sales and trading desk and closing team management of potential issues with trade settlements
•    Managing daily, weekly and monthly metrics reporting
•    Working alongside the KYC team to ensure all internal checks are complete prior to trade settlements

What we’re looking for:

•    Bachelor’s Degree
•    Three years of experience using Microsoft Suite
•    One+ years’ experience with LSTA Par/Distressed trades

Skills that will help you in the role:

•    Commercial awareness
•    Ability to balance priorities
•    Good communication skills
•    Organized, able to work under pressure and within tight deadlines

Where will you be working?

Barclays' Wilmington campus includes two beautiful buildings located along the historic Wilmington Riverfront. A glance out our windows reveal a scenic look at the Christina River, along with a growing riverfront community of luxury apartments, shops, and restaurants. Additionally, the Wilmington train station is a short walk away making travel from New York and Washington, DC convenient.

#LI-Remote #LI-Hybrid 
#management

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