Avp - Global Markets

Job Title: AVP - Global Markets
Location: Mumbai

About Barclays
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.

Risk and Control Objective
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.

Working Flexibly

Hybrid Working

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

Introduction:
Prime business covers various asset classes across Equities, Fixed income and derivative services. The role requires deep understanding of Prime services products and various risk methodologies implemented under GNA and covers various Asset classes.
The role requires deep understanding of risk function to manage business comprising of Futures Execution & Clearing, OTC Clearing and FX Prime Brokerage, Equity and FI financing & synthetic products.
The role requires good understanding of Derivative products (Exchange Traded and OTC), Market Risk, Credit Risk, managing funding, liquidity and interest rate risks and Regulatory Framework. Having good programming/SQL/Database skills, eye for detail and an ability to liaise with the Prime front office desks to ensure the timely and accurate delivery of tasks/projects performed.
The role holder will interact with regional desks to understand the key areas of business - Risk functions and work closely with them to build solutions/models/reports that can help in making the business more efficient from resource/ revenue perspective.

Over the past few years the team has created its own niche brand within the business and the person joining this team has got a great ask to drive this brand further.

What will you be doing?
- Daily monitoring, review of margin and changes in risk and portfolio composition for GNA clients.
- Perform daily analysis on huge Margin movements in Clients portfolio by understanding the various methodologies /Strategies like Convert Arb, ADTV, GIM IR, GIM FX, FX, DRIMCs, Bond/CDS and give approval to GNA ops to issue the margin calls/ reports to clients
- Perform risk & margin analysis by working with a range of stakeholders internally & externally
- Create communication & presentation materials going through analysis, key requirements & findings for multiple levels of stakeholders
- Liaise with technology teams in order to drive functional specifications and delivery
- Support in preparing MIS required for management decision making
- Managing daily deliverables and meeting all agreed SLAs.
- Ensure cross training and knowledge transfer within the team.
- Responsible for front to back management of the initiatives and projects ADHOC requests catering to above items.
- Ability to prioritize and multi task effectively.
- Take ownership and drive various on-going projects in the team

What we’re looking for:

- Excellent verbal and written communication skills as the person is required to communicate with global stakeholders and management team in Investment Banking vertical. Ability to clearly articulate complicated issues to management and other impacted areas and ensure timely resolution of issues and breaches.
- Experience in Banking/Finance industry and Comprehensive knowledge of the financial products across business (Equities, Fixed Income, Derivatives)
- Experience in a risk relevant role. Should have strong working knowledge of equity portfolio margin methodologies including Equity Long/Short, Convertible Bond Arbitrage, ADR/ORD trading, etc along with a good working knowledge of other asset class portfolio margin methodologies.
- Understanding of OTC derivatives products and related margin methodologies, derivatives pricing, risk including value-at-risk, historical simulation and VCV (variance co-variance).
- Understanding of first and second order risk sensitivities.
- Highly analytical and numerate with exceptional problem solving abilities
- Advanced Excel (Pivot tables, Macros), SQL with an intermediate understanding of databases, Qlikview and coding ability in functional languages such as Python are a requirement.
- Well organised with good time management skills and the ability to meet tight deadlines and prioritise tasks and able to multi-task and prioritise accordingly in a highly pressurised environment.
- Ability to independently drive projects within the team
- Detailed and meticulous, consistently delivering a high level of accuracy and attention to detail with high quality output
- Ambitious and Proactive in nature, should be able to take quick decisions and be an excellent Team play