Company

BarclaysSee more

addressAddressNew York, NY
type Form of workPermanent
CategorySales/marketing

Job description

As a Barclays Securitized Products Market Risk, you will get an exciting opportunity to cover the agency MBS and agency CMBS trading desks. In your role, you will provide additional and independent information to the business to enhance decision making, whilst providing a control environment which satisfies the objectives set by the regulators. You will also be overseeing the risk reporting, production, and review process, and making themselves aware of the significant Market Risks in the businesses they cover in the process.
Salary / Rate Minimum: $120,000
Salary / Rate Maximum: $156,000
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 worlds largest and most respected financial institutions, established in 1690, with a legacy of success, quality, and innovation. Weve 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 perform ‘onsite' roles will spend four or five days a week working onsite, depending on the requirements of their role and business area. 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.
What will you be doing?
  • Ensuring daily signoff of risk, stress, and VaR/SVaR figures, to ensure timely and accurate Market Risk capture and risk reporting
  • Providing accurate and timely production of Primary and Secondary Stress outputs, as well as the investigation of changes in the Market Risk that feed into the process
  • Monitoring of exposures, and utilization against limits, as well as additional ad-hoc analysis, e.g. P&L arising from market moves. Escalating overages as appropriate
  • Reviewing VaR and non-VaR limits, as well as scenarios shocks, on a periodic basis
  • Supporting senior risk managers, identifying/ aggregating the headline risks across, and writing weekly commentary of associated risks in the context of macro events
  • Processing and producing of the monthly Risk Not In VaR capitalisation figures for the Macro businesses
  • Ensuring full risk capture and completeness, both on a procedural (book and mapping) basis, as well as a risk factor (e.g. crosses, higher orders) basis
  • Maintaining, improving, and creating risk reports for both informational and supervisory purposes

What we're looking for:
  • Relative risk management experience across the Securitized Products or rates asset classes
  • Ability to propose, create, and deploy views and appropriate cuts of risks, including creation of new metrics or scenarios
  • Applied math knowledge, with an ability to understand and employ quantitative or statistical analysis
  • Must have ability to evaluate basic Greek sensitivities

Skills that will help you in the role:
  • Solid interpersonal skills, with confidence to follow up with multiple upstream and downstream teams, such as Product Control or Technology, on a frequent basis
  • Confidence to follow up during the daily BAU production process, to quickly and efficiently solve problems with minimal input from other Risk team members
  • Technology proficiency in any of these languages: Python, SQL, VBA, C, C++, Java
  • Relative experience with relational databases and programming

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.
Refer code: 8206623. Barclays - The previous day - 2024-02-17 09:52

Barclays

New York, NY

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