INFLATION TRADER
Company: Barclays
Location: New York
Posted on: October 23, 2024
Job Description:
What will you be doing?Barclays Capital Inc. seeks Inflation
Trader in New York, NY (multiple positions available):
- Manage trading book risks, hedging client flow and trading as
principal.
- Lead longer term projects aimed to improve the desk's ability
to effectively manage risk and be profitable.
- Work with global teams to develop new tools, curve engines,
risk metrics etc.
- Serve as a market maker in TIPS (Treasury Inflation Protected
Securities) and US Inflation linked derivatives for institutional
investors, hedge funds, corporates and central bank clients.
- Partner with Operations, technology, QA and other internal
partners to enhance the offering and improve risk management and
decision processes.
- Provide market color to sales and clients, and ensure
operational efficiency of desk day-to-day processes.
- Develop and manage relationships with clients, counterparties,
and internal stakeholders.
- Partner with Sales to develop tailored trading ideas for
clients
- Partner with Distribution and Research to generate revenue and
expand the client base.
- Work with infrastructure and control teams to improve control
framework.
- May telecommute.Salary / Rate Minimum/yr: $226,762 per
yearSalary / Rate Maximum/yr: $250,000 per yearThe 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 position is
eligible for incentives pursuant to Barclays Employee Referral
Program.Purpose of the roleTo buy and sell financial instruments,
such as bonds, stocks, and derivatives, to generate revenue for the
bank by the analysis of market conditions, execution of trades, and
management of risk.Accountabilities
- Development and implementation of trading strategies that align
with the bank's risk appetite, investment objectives, and market
conditions, and monitoring of market movements to adjust trading
strategies accordingly.
- Execution of trades on behalf of the bank, or proprietary
trading desks, while adhering to the bank's trading strategies and
risk parameters.
- Maintenance of accurate and timely trading records, prepare
daily and monthly trading reports, and contribute to the evaluation
of the overall trading strategy.
- 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, including setting and maintaining stop-loss
limits and ensuring compliance with regulatory and internal risk
management guidelines.
- Raise unsecured funding in the International Money Market.
- Execution of Structural Hedges for hedging IRRBB.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.
Keywords: Barclays, Mount Vernon , INFLATION TRADER, Accounting, Auditing , New York, New York
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