New York, USA
20 days ago
Residential Warehouse Junior Trader VP

This role is FINRA regulated.

Join us as a Residential Warehouse Junior 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.

You may be assessed on key critical skills relevant for success in the role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job specific technical skills.

To be successful in this role you should:

Act as a trader within the business, managing elements of structuring, pricing and execution, client engagement and post trade follow upsResidential loan portfolio managementBS degree in finance, economics, or related fieldProficient with Microsoft Office (Word, Excel, PowerPoint, Outlook) 

Additionally, the following skills are also relevant and highly preferred.

Ability to work in a dynamic, fast paced and high-pressure environmentGood verbal and written communication skills to drive franchise businessKnowledge of trading infrastructure and systems

 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 other type of compensation or benefits that may be available.

This role is based in New York.


Purpose of the role

To execute trades and manage risk within a defined portfolio of financial instruments and staying informed about market trends and developments to make informed trading decisions. 

Accountabilities

Execution of buy and sell orders or pricing of liquidity in various financial instruments while adhering to the bank's trading strategies and risk parameters.Monitoring and analysis of global financial markets, economic indicators, news, and geopolitical events to identify trading opportunities and assess market risks.Management and monitoring of the risk associated with the trading portfolio and ensuring compliance with regulatory and internal risk management guidelines.Collaboration with research analysts and other teams to gather insights and information for trading decisions.

Vice President Expectations

Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.Manage and mitigate risks through assessment, in support of the control and governance agenda.Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.Adopt and include the outcomes of extensive research in problem solving processes.Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

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