Commodities, PC – AVP recruitment
Department Overview
Barclays Capital is the investment banking division of Barclays Bank PLC. With a distinctive business model, Barclays Capital provides large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs. Barclays Capital has offices around the world, employs over 23,000 people and has the global reach, advisory services and distribution power to meet the needs of issuers and investors worldwide.
For further information about Barclays Capital, please visit our website www.barclayscapital.com. It is the policy of Barclays Capital to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.
Main Function
As a key member of the US Commodities Product Control Group (PC) team, this role will be responsible for:
- reporting the profit and loss of the US Power Gas Trading desks based in New York
- ensuring the balance sheets for those businesses are correct through price testing, provisioning and control work
- providing management information to the Front Office and Product Control Management
- assisting the Front Office in business-related matters and providing a point of contact for all US Gas-related questions from all other infrastructure areas.
Product Control works closely with the trading desk and other functional groups on a daily basis regarding PL, Risk, trade bookings and ad hoc queries. Product Control is also responsible for reporting the PL both centrally to senior management and the Front Office and offers advice on the control and accounting aspects of proposed new business.
Main Duties
As a key member of the US Commodities Product Control Group (PC) team, this role will be responsible for covering all Product Control tasks for the Power Gas business in the US. These tasks include the following:
Ø Produce Daily Profit and Loss reports for US Power Gas trading activities Ø Perform user acceptance testing and project work Ø Provide management information to the Front Office and Product Control Management Ø Assist the Front Office in business-related matters Ø Ensure the balance sheets for those businesses are correct through price testing, provisioning and control work Ø Respond to ad-hoc queries from the trading desk Ø Liaise with multiple departments on project work and/or ad hoc queries Ø Implement and maintain controls and processes Approach problem solving and troubleshooting pro-actively
Person Requirements
Basic Qualifications:Bachelor's degree in either: Fin/Math/Computer Science or equivalent work experience 2+ years of similiar experience 2+ years of heavy excel usage Preferred Qualifications:Banking Infrastructure Solid business analysis background Ability to prioritise and close out issues quickly A determined pro-active problem solver Analytical Numerate Good verbal and written presentation skills Understanding of the USPower Gas trading business
Strong familiarity front office systems Implementation of trading system projects